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Microchip, NASDAQ

Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue Estimates

Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion. Next quarter’s revenue guidance of $960 million underwhelmed, coming in 9.2% below analysts’ estimates.

ETF Daily News · 10h

Raymond James Reiterates “Strong-Buy” Rating for Microchip Technology (NASDAQ:MCHP)

Raymond James reissued their strong-buy rating on shares of Microchip Technology (NASDAQ:MCHP – Free Report) in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a $60.

Hosted on MSN · 3d

Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today

What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company reported disappointing fourth-quarter results, with revenue declining 41.9% compared to the previous year,

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Nasdaq 100 Movers: MCHP, TTWO

In early trading on Friday, shares of Take-Two Interactive Software, topped the list of the day's best performing components of the Nasdaq 100 index, trading up 12.7%. Year to date, Take-Two ...

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Piper Sandler cuts Microchip stock target to $65, keeps overweight

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 ...

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