Investment Analysts’ Recent Ratings Updates for Microchip Technology (MCHP)

Microchip Technology (NASDAQ: MCHP) has recently received a number of price target changes and ratings updates:

• 5/13/2026 – Microchip Technology had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $125.00 price target on the stock.
• 5/12/2026 – Microchip Technology was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/11/2026 – Microchip Technology had its price target raised by Barclays PLC from $80.00 to $105.00. They now have an “equal weight” rating on the stock.
• 5/9/2026 – Microchip Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/8/2026 – Microchip Technology was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 5/8/2026 – Microchip Technology had its price target raised by UBS Group AG from $115.00 to $130.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Citigroup Inc. from $91.00 to $113.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by JPMorgan Chase & Co. from $95.00 to $120.00. They now have an “overweight” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Truist Financial Corporation from $69.00 to $105.00. They now have a “hold” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Wells Fargo & Company from $75.00 to $95.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Susquehanna from $95.00 to $120.00. They now have a “positive” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Rosenblatt Securities from $115.00 to $120.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Needham & Company LLC from $84.00 to $120.00. They now have a “buy” rating on the stock.
• 4/25/2026 – Microchip Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/24/2026 – Microchip Technology was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 3/31/2026 – Microchip Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/27/2026 – Microchip Technology was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 3/23/2026 – Microchip Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/15/2026 – Microchip Technology was upgraded by Wall Street Zen from “hold” to “buy”.

Microchip Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.455 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.82 annualized dividend and a dividend yield of 1.9%. Microchip Technology’s dividend payout ratio (DPR) is 866.67%.

Insider Buying and Selling at Microchip Technology

In other news, CEO Steve Sanghi sold 416,581 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $88.53, for a total transaction of $36,879,915.93. Following the completion of the transaction, the chief executive officer owned 9,495,805 shares in the company, valued at approximately $840,663,616.65. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 526,552 shares of company stock worth $47,130,465. Company insiders own 1.94% of the company’s stock.

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.