Microchip Technology Incorporated (MCHP)
Here's What Key Metrics Tell Us About Microchip Tech (MCHP) Q3 Earnings
Although the revenue and EPS for Microchip Tech (MCHP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago.
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on clearing excess inventory.
Microchip Gears Up to Report Q3 Earnings: What's in the Offing?
MCHP's third-quarter fiscal 2025 results are likely to reflect the negative impacts of a weak demand environment, excess inventory and macro uncertainty.
Curious about Microchip Tech (MCHP) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Microchip Tech (MCHP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Analysts Estimate Microchip Technology (MCHP) to Report a Decline in Earnings: What to Look Out for
Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MCHP Plummets 36% in a Year: How Should You Approach the Stock?
Microchip Technology struggles with high inventory, declining demand and ongoing macroeconomic challenges.
Microchip: Still Navigating In The Fog
Microchip is experiencing a sharp deterioration of its end markets. Its client's end distributors overstocked their inventories during the post-COVID period. While the sales bottom could have been hit, the following quarterly guidance doesn't anticipate a rebound either. The management is cutting costs and lowering CAPEX to remain Free Cash Flow positive.
Microchip Launches Touch Controllers: Buy, Sell or Hold the Stock?
MCHP's MTCH2120 touch controller offers low-power, water-tolerant performance, integrating with a full ecosystem to speed development and time to market.
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.
