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Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue EstimatesAnalog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
BofA lowered the firm’s price target on Microchip (MCHP) to $53 from $65 and keeps an Underperform rating on the shares following “another ...
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
Pre-earnings options volume in Microchip (MCHP) is 3.6x normal with puts leading calls 5:4. Implied volatility suggests the market is ...
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