Microchip Technology Inc. (MCHP)
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Microchip price target lowered to $68 from $71 at Truist
Truist lowered the firm's price target on Microchip to $68 from $71 and keeps a Hold rating on the shares. The firm reiterated a cautious semiconductor and artificial intelligence sector view, but is more constructive on Nvidia (NVDA) and Monolithic Power (MPWR) while more cautious on Tesla (TSLA). A new analysis suggests we may have additional downward pressure to estimates, the analyst tells investors in a research note.
Can Microchip's Expanding FPGA Portfolio Push the Stock Higher?
Although MCHP expands its portfolio for medical imaging and smart robotics, lower demand makes the stock a risky bet.
Microchip Cuts Guidance Amid Restructuring, Shares Fall
MCHP struggles with weak demand and restructuring expenses, supported by revised guidance and restructuring plans.
Microchip stock price is on the verge of a bearish breakout
Microchip stock price remains in a strong bear market after falling by almost 30% from its highest level this year. MCHP share was trading at $70.3, up by about 13% above the lowest point this year.
Microchip Technology lowers quarterly revenue forecast, shuts Arizona factory
Microchip Technology lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory in Arizona, as the chipmaker looks to restructure under interim CEO Steve Sanghi.
Can Microchip Technology's Expanding Portfolio Drive the Stock?
MCHP unveils its IGBT 7 power devices designed for applications in sustainability, e-mobility and data centers.
Unlocking Microchip Tech (MCHP) International Revenues: Trends, Surprises, and Prospects
Explore how Microchip Tech's (MCHP) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
These Analysts Slash Their Forecasts On Microchip Technology Following Q2 Results
Microchip Technology Incorporated MCHP reported upbeat earnings for its second quarter on Tuesday.
Microchip Earnings Surpass Estimates in Q2, Sales Decrease Y/Y
Microchip's second-quarter fiscal 2025 results suffer from a significant revenue drop, lower guidance and demand challenges across key markets.
Macro Headwinds Send Microchip Technology Stock to the Buy Zone
Microchip Technology Incorporated NASDAQ: MCHP has the power to withstand its headwinds in 2024 and sustain the uptrend in its share price. The uptrend, begun in 20216, has increased the stock's value by 300%, including the 2024 price correction, and another 300% upside is coming for those prepared to wait.
Microchip Technology Incorporated (MCHP) Q2 2025 Earnings Call Transcript
Microchip Technology Incorporated (NASDAQ:MCHP ) Q2 2025 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Eric Bjornholt - Senior Vice President and Chief Financial Officer Ganesh Moorthy - President and Chief Executive Officer Richard J. Simoncic - Chief Operating Officer Conference Call Participants Timothy Arcuri - UBS Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Chris Caso - Wolfe Research Blayne Curtis - Jefferies Christopher Rolland - Susquehanna International Group Harlan Sur - JPMorgan Tore Svanberg - Stifel William Stein - Truist Securities Chris Danely - Citibank Joshua Buchalter - TD Cowen Harsh Kumar - Piper Sandler Janet Ramkissoon - Quadra Capital Operator Greetings, and welcome to Microchip's Q2 Fiscal Year 2025 Financial Results Conference Call.
