Microchip Technology (MCHP) Tops Q4 EPS by 6c, Beats on Revenue; Offers Q1 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Microchip Technology (MCHP) PT Raised to $125 at Wolfe Research
May 8, 2026 5:51 AM EDTWolfe Research analyst Chris Caso raised the price target on Microchip Technology (NASDAQ: MCHP) to $125.00 (from $90.00) while maintaining a Outperform rating.
The analyst comments "MCHP posted a strong report and guidance. The company reported MarQ revenue up 10.6% q/q and 4% ahead of the street. MCHP guided JunQ revenue up 11% q/q, 8% ahead of the street, with EPS guidance of $0.69 ($0.10 above Street). It now appears that the first phase of the recovery... More
