At close: 4:00 PM EDT
After hours: 7:37 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| No. of Analysts | 21 | 21 | 25 | 23 |
| Avg. Estimate | 0.52 | 0.6 | 2.62 | 4.14 |
| Low Estimate | 0.48 | 0.53 | 2.38 | 2.63 |
| High Estimate | 0.54 | 0.7 | 2.98 | 5.17 |
| Year Ago EPS | 1.64 | 1.62 | 4.92 | 2.62 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| No. of Analysts | 20 | 20 | 24 | 22 |
| Avg. Estimate | 1.24B | 1.32B | 5.49B | 6.84B |
| Low Estimate | 1.23B | 1.26B | 5.23B | 5.44B |
| High Estimate | 1.25B | 1.41B | 6.05B | 7.67B |
| Year Ago Sales | 2.29B | 2.27B | 7.63B | 5.49B |
| Sales Growth (year/est) | -45.80% | -41.90% | -28.10% | 24.70% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 1.64 | 1.61 | 1.04 | 0.57 |
| EPS Actual | 1.64 | 1.62 | 1.08 | 0.57 |
| Difference | 0 | 0.01 | 0.04 | 0 |
| Surprise % | 0.00% | 0.60% | 3.80% | 0.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| Current Estimate | 0.52 | 0.6 | 2.62 | 4.14 |
| 7 Days Ago | 0.52 | 0.6 | 2.62 | 4.14 |
| 30 Days Ago | 0.52 | 0.6 | 2.62 | 4.18 |
| 60 Days Ago | 0.59 | 0.69 | 3.14 | 4.42 |
| 90 Days Ago | 0.58 | 0.69 | 3.13 | 4.36 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | 1 | 1 |
Growth Estimates
| CURRENCY IN USD | MCHP | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -68.30% | -- | -- | 6.90% |
| Next Qtr. | -63.00% | -- | -- | 10.20% |
| Current Year | -46.70% | -- | -- | 4.20% |
| Next Year | 58.00% | -- | -- | 12.10% |
| Next 5 Years (per annum) | -6.30% | -- | -- | 11.39% |
| Past 5 Years (per annum) | 15.35% | -- | -- | -- |
Research Analysis
Upgrades & Downgrades
| Upgrade | Mizuho: Neutral to Buy | 5/28/2024 |
| Upgrade | Mizuho: Neutral to Buy | 5/24/2024 |
| Maintains | Citigroup: Buy to Buy | 5/7/2024 |
| Maintains | B. Riley Securities: Buy to Buy | 5/7/2024 |
| Maintains | TD Cowen: Hold to Hold | 5/7/2024 |
| Maintains | Keybanc: Overweight to Overweight | 5/7/2024 |
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