Microchip Technology Announces Record Financial Results for First Quarter of Fiscal Year 2022
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Microchip Technology (MCHP) PT Raised to $195 at Rosenblatt
August 4, 2021 6:53 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Microchip Technology (NASDAQ: MCHP) to $195.00 (from $180.00) while maintaining a Buy rating.
The analyst commented, "Microchip delivered the expected beat and raise earnings last night with supply constraints getting worse for the next year on structural industry economics that make... More
Microchip Technology (MCHP) PT Raised to $210 at Needham & Company
August 4, 2021 6:24 AM EDTNeedham & Company analyst Rajvindra Gill raised the price target on Microchip Technology (NASDAQ: MCHP) to $210.00 (from $200.00) while maintaining a Buy rating.
The analyst commented, "Microchip reported another solid beat and raise quarter with the highlight being Non-GAAP gross margins hitting a record level at 65%... More
Microchip Technology (MCHP) Tops Q1 EPS by 7c
August 3, 2021 5:02 PM EDTMicrochip Technology (NASDAQ: MCHP) reported Q1 EPS of $1.98, $0.07 better than the analyst estimate of $1.91. Revenue for the quarter came in at $1.57 million versus the consensus estimate of $1.55 million.
GUIDANCE:
Microchip Technology sees Q2 2022 EPS of $2.05-$2.17, versus the consensus of $1.99.... More
