The "mchp stock price forecast" is bolstered by the company’s push into high-performance embedded solutions, an area that could capture market share from competitors and influence valuation multiples. For the current quarter, Microchip Tech is expected to post earnings of $0.57 per share, indicating a change of -65.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -7.4% over the last 30 days. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microchip Technology wasn't on the list. Institutional investors have recently increased holdings in Microchip, which strengthens the medium-term "mchp stock price forecast" outlook and may enhance stock stability during market volatility.