MCHP
Microchip Technology Incorporated
MCHP
58.35USD
-10.02%
Nov 08, 2026
Price
Loading price history…
Price Action
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryDamaged / breakdown
The technical structure itself is broken across timeframes — the weakest entry profile.
Key Financials
- Market Cap
- $31.8B
- Avg Volume (60D)
- 11.4M
- Revenue Growth YoY
- +7.1%
- Gross Margin
- +62.7%
- Operating Margin
- +20.9%
- Free Cash Flow Yield
- +4.6%
- Distance from 200DMA
- -26.2%
- Next Earnings
- 2027-02-04
- P/E
- 37.9x
- EV / EBITDA
- 20.1x
- EV / Sales
- 6.6x
60 sessions
FY2026 vs FY2025
Trailing twelve months
Trailing twelve months
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026
Business Performance
AcceleratingRevenue growth has accelerated across 4 consecutive quarters, rising from +16% to +42% year over year. Diluted EPS moved to $0.68 from $0.03; the prior-year base is too small for a meaningful percentage.
Latest reported: Q2 FY2027, ended Sep 30
Revenue growthAccelerating
+42%
$1.62B in Q2 FY2027 · YoY
YoY growth, last 4 quarters
- +16%
- +35%
- +38%
- +42%
Earnings growthGrowing
$0.68
Diluted EPS $0.68 vs $0.03 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
28.6%
+20.9 pp YoY · gross margin 65.9% (+9.9 pp)
Business Quality
7.1 / 10How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.
Fundamentals & Valuation
Two of the three valuation perspectives say fair; own history is the dissenting view.
Microchip Technology Incorporated has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
What changed
- MCHP fell 10.0% in one sessionMCHP closed -10.0% while the broad market was close to flat (+0.3%).2026-11-06
Company Research
Thesis
Microchip is a broad-based embedded-control semiconductor supplier whose microcontrollers, analog, timing, connectivity, power-management, security and FPGA products are designed into automotive and industrial systems. It participates directly when customers move from inventory digestion to replenishment and higher production volumes.
Opportunity
Moderate opportunity
A cyclical recovery in automotive and industrial electronics demand that lifts distributor sell-through, customer replenishment, fab utilization and purchasing of broadly used microcontrollers, analog, connectivity and power-management semiconductors.
Key risk
Cyclicality in automotive and industrial end markets.
Economic classification
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Business & Markets
Technology · Semiconductors
What they do
Microchip Technology Incorporated develops, manufactures, and sells embedded control semiconductor solutions globally, operating through Semiconductor Products and Technology Licensing segments.
How it earns
The company generates revenue primarily through transactional sales of semiconductor products and licensing fees.
Products & services
8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers
32-bit and 64-bit embedded mixed-signal microprocessors
Specialized mixed-signal microcontrollers for automotive, industrial, and communications applications
Analog, power management, timing, connectivity, security, and FPGA products
Customers & end markets
Automotive manufacturers and suppliers
Industrial equipment makers
Communications equipment providers
Computing and lighting system manufacturers
Market position
Broad embedded-control semiconductor supplier with a diversified product portfolio serving multiple long-lived equipment markets.
Demand drivers
Medium cyclicality
Demand is influenced by automotive and industrial electronics cycles and inventory restocking patterns.
Peers
Companies validated as economically comparable to MCHP — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Vertically integrated manufacturer of analog and embedded semiconductors with expanding U.S. 300mm wafer fabrication capacity.
Theme context unavailableEconomic thesis: Semiconductor Supply Chain Localization
Constructive pullback: trend intact, pulling toward support.30-day price action
NXP is a major automotive semiconductor enabler supplying the controllers, processors, in-vehicle networking, radar, battery-management, secure-access and connectivity components used as vehicle architectures become more software-defined and electronics-intensive.
Theme context unavailableEconomic thesis: Software-Defined and Electrified Vehicles
Strong constructive price action.30-day price action
STMicroelectronics is a diversified automotive and industrial semiconductor manufacturer with direct exposure to vehicle electrification through silicon-carbide and silicon power devices, automotive microcontrollers, battery-management and power-management chips, MEMS/sensors, and embedded-processing products.
Theme context unavailableEconomic thesis: Automotive Electrification and Software-Defined Vehicles
Weak or broken price action.30-day price action
ADI is a broad-based analog and mixed-signal semiconductor enabler for industrial automation rather than a pure-play automation-equipment supplier. Its exposure is meaningful but diversified across industrial, automotive, communications and other end markets.
Theme context unavailableEconomic thesis: Smart Manufacturing and Industrial Automation
Weak or broken price action.30-day price action
ON Semiconductor supplies high-voltage silicon, silicon-carbide and gallium-nitride power semiconductors, controllers, sensing and power-management content used in the data-center power tree. Its planned Synaptics acquisition would broaden the company toward connected compute and intelligent-edge systems, but has not closed.
Theme context unavailableEconomic thesis: AI Compute Infrastructure Buildout
Weak or broken price action.30-day price action
MPWR is a fabless power-management semiconductor supplier whose enterprise-data products address power delivery inside AI servers and associated compute, memory and storage systems. Its AI/server exposure is at the board, module and subsystem power layer rather than the facility electrical-distribution or liquid-cooling layer.
Theme context unavailableEconomic thesis: AI Compute Infrastructure Buildout
Weak or broken price action.30-day price action
Allegro is a semiconductor component supplier to AI-data-center power conversion and thermal-management equipment rather than a supplier of complete infrastructure systems.
Theme context unavailableEconomic thesis: AI Compute Infrastructure Buildout
Weak or broken price action.30-day price action