Microchip Technology (MCHP) Projected to Announce Quarterly Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is expected to release its Q2 2027 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $0.9360 per share and revenue of $1.61 billion for the quarter. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. Parties can check the company’s upcoming Q2 2027 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06. The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.46 billion. Microchip Technology had a net margin of 9.34% and a return on equity of 14.97%. Microchip Technology’s revenue for the quarter was up 38.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. On average, analysts expect Microchip Technology to post $3.20 EPS for the current fiscal year and $4.09 EPS for the next fiscal year.

Microchip Technology Stock Up 2.4%

NASDAQ MCHP opened at $77.90 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.92 and a quick ratio of 1.11. The stock has a market capitalization of $42.30 billion, a PE ratio of 46.41, a PEG ratio of 0.52 and a beta of 1.84. Microchip Technology has a 1 year low of $48.52 and a 1 year high of $105.91. The business’s 50-day moving average is $75.34 and its 200 day moving average is $79.53.

Microchip Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th were given a dividend of $0.4550 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.82 dividend on an annualized basis and a yield of 2.3%. Microchip Technology’s dividend payout ratio is presently 271.64%.

Insider Activity

In related news, CFO James Bjornholt sold 4,112 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $75.32, for a total transaction of $309,715.84. Following the transaction, the chief financial officer owned 28,573 shares in the company, valued at $2,152,118.36. The trade was a 12.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.79% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. UBS Group reiterated a “buy” rating and issued a $120.00 price objective (down from $130.00) on shares of Microchip Technology in a report on Friday, August 7th. Truist Financial cut their price objective on Microchip Technology from $105.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday, August 7th. Wells Fargo & Company reduced their target price on Microchip Technology from $88.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 20th. TD Cowen decreased their target price on Microchip Technology from $90.00 to $75.00 and set a “hold” rating for the company in a report on Monday, October 19th. Finally, BMO Capital Markets assumed coverage on Microchip Technology in a report on Friday, August 21st. They set an “outperform” rating and a $95.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $97.71.

About Microchip Technology

Microchip Technology Incorporated (NASDAQ:MCHP) develops and manufactures semiconductor products used in embedded control and connected electronic systems. Its portfolio includes microcontrollers, microprocessors, analog and power-management devices, memory products, timing and connectivity components, security solutions, and field-programmable gate arrays. The company also provides development tools, software, evaluation kits, and technical support to help customers design and produce electronic equipment.

Microchip’s products are used across a range of markets, including automotive, industrial, aerospace and defense, communications, consumer electronics, data centers, and medical applications.