What is Citigroup's price target for MCHP?

Citigroup's latest stated price target for Microchip Technology Incorporated (MCHP) is $55, from its action on May 9, 2025.

What is Citigroup's rating on MCHP?

Citigroup rates MCHP Buy, a bullish rating, as of May 9, 2025.

When did Citigroup last change its view on MCHP?

On May 9, 2025, Citigroup raises its price target to $55 from $50, keeps Buy.

Analyst firms · Citigroup · MCHP

Citigroup MCHP price target and rating history

Microchip Technology Incorporated (MCHP) · Technology

Citigroup rates Microchip Technology Incorporated (MCHP) Buy with a $55 price target, as of its latest action on May 9, 2025. It has published 3 rating actions on MCHP since February 2022, including 1 upgrade and 0 downgrades. Across 6 firms with a MCHP price target in the last 12 months, the median target is $87.50.

Current rating: Buy
Price target: $55
Median target, all firms: $87.50
Actions on MCHP: 3

Citigroup price target on MCHP

Citigroup price target on MCHP, each point a stated target, February 2022 to May 2025. Targets before May 2025 (divided by 2) are adjusted for a stock split, going by the prior target Citigroup restated.

Every Citigroup rating on MCHP

May 9, 2025
ReiterateCitigroup raises its price target to $55 from $50, keeps Buy
Nov 8, 2023
UpgradeCitigroup upgrades to Buy from Neutral, price target $100
Feb 4, 2022
ReiterateCitigroup cuts its price target to $78 from $90, keeps Neutral

How other firms rate MCHP

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
BMO Capital Markets	Outperform	$95	Aug 21, 2026
Barclays	Equal Weight	$80	Feb 12, 2026
BofA Securities	Buy	$95	Jan 28, 2026
BNP Paribas Exane	Outperform	$90	Jan 22, 2026
Cantor Fitzgerald	Overweight	$85	Dec 16, 2025
Needham	Buy	$75	Dec 4, 2025

Questions about Citigroup and MCHP

What is Citigroup's price target for MCHP?: Citigroup's latest stated price target for Microchip Technology Incorporated (MCHP) is $55, from its action on May 9, 2025.
What is Citigroup's rating on MCHP?: Citigroup rates MCHP Buy, a bullish rating, as of May 9, 2025.
When did Citigroup last change its view on MCHP?: On May 9, 2025, Citigroup raises its price target to $55 from $50, keeps Buy.
How does Citigroup's MCHP target compare with other analysts?: Across 6 firms with a MCHP price target in the last 12 months, the median target is $87.50.

More MCHP rating histories

All Citigroup ratings MCHP news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.