What’s Next for Microchip’s Stock After Big Gains?
Chandler, Arizona, USAFri Apr 24 2026
Microchip Technology, a major player in making tiny but powerful chips, is about to share its latest money numbers for the quarter ending in March 2026. The company, worth nearly $45 billion, sells everything from microcontrollers to memory chips used in cars, phones, and industrial machines. Over the past year, its stock has zoomed up over 100%, leaving most tech stocks in the dust. But experts warn that growth might slow down soon.
Analysts expect the company to report earnings of 39 cents per share for the quarter, a huge jump from just 4 cents last year. For the full year, they predict profits will climb 15% compared to 2025. Looking further ahead, they think earnings could nearly double by 2027. Yet, earlier this year, the company admitted that memory chip shortages—caused by high demand from phone and computer makers—could hurt its next quarterly earnings.
Despite the short-term worries, most analysts still love the stock. Out of 25 experts, 18 say "buy it now, " while the rest suggest holding off. Their average guess is that the stock could rise another 7% to about $88. But not everyone’s convinced. The company’s own prediction for next quarter’s earnings was lower than analysts’ hopes, and its stock took a small hit after the last report.
https://localnews.ai/article/whats-next-for-microchips-stock-after-big-gains-5b3a2066
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