{"id":242889,"date":"2026-05-10T07:05:00","date_gmt":"2026-05-10T11:05:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/10\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner\/"},"modified":"2026-05-10T07:20:12","modified_gmt":"2026-05-10T11:20:12","slug":"microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/10\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner\/","title":{"rendered":"Microchip Technology Posts $1.31B Quarter: Is Microchip Technology Stock Finally Turning the Corner?"},"content":{"rendered":"<p><a href=\"https:\/\/www.tikr.com\/blog\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner\">Microchip Technology Posts $1.31B Quarter: Is Microchip Technology Stock Finally Turning the Corner?<\/a><\/p>\n<p><a href=\"https:\/\/www.tikr.com\/blog\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner\">https:\/\/www.tikr.com\/blog\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-10 07:05:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.tikr.com\">www.tikr.com<\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-key-stats\"><strong>Key Stats<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Current Price:<\/strong>\u00a0$99 (May 8, 2026)<\/li>\n<li><strong>FY2026 Revenue:<\/strong>\u00a0$4.71B, +7% YoY<\/li>\n<li><strong>FY2026 Non-GAAP EPS:<\/strong>\u00a0$1.64 per diluted share<\/li>\n<li><strong>Q4 FY2026 Revenue:<\/strong>\u00a0$1.31B, +35% YoY, +11% sequentially<\/li>\n<li><strong>Q4 FY2026 Non-GAAP EPS:<\/strong>\u00a0$0.57<\/li>\n<li><strong>Q1 FY2027 Revenue Guidance:<\/strong>\u00a0+11% sequentially (midpoint), +35% YoY at midpoint<\/li>\n<li><strong>Q1 FY2027 Non-GAAP EPS Guidance:<\/strong>\u00a0$0.67 to $0.71<\/li>\n<li><strong>TIKR Model Price Target:<\/strong>\u00a0$195<\/li>\n<li><strong>Implied Upside:<\/strong>\u00a0~96% over 5 years (15% annualized)<\/li>\n<\/ul>\n<p><strong>Most investors never know if a stock is truly undervalued or overpriced. TIKR\u2019s professional-grade valuation tools give you a clear, data-backed answer across 60,000+ stocks for free \u2192<\/strong><\/p>\n<h3 class=\"wp-block-heading\">Microchip Technology Stock Posts Best Revenue Quarter in Years as Recovery Broadens<\/h3>\n<p>MCHP Stock Q4 2026 Earnings <strong>(TIKR)<\/strong><\/p>\n<p>Microchip Technology stock (MCHP) delivered $1.31B in Q4 FY2026 net sales, up 35% year-over-year and above the high end of guidance, with non-GAAP EPS of $0.57 coming in $0.07 above the midpoint of the company\u2019s own forecast.<\/p>\n<p>The aerospace and defense sector was the strongest performer in the quarter, according to CEO Steve Sanghi on the Q4 FY2026 earnings call, with FPGA products leading from a business unit perspective.<\/p>\n<p>Non-GAAP gross margin reached 61.6% in Q4, up from 52% at the bottom of the cycle in March 2025, as Microchip continues executing against its stated long-term target of 65%.<\/p>\n<p>Non-GAAP operating income reached 30.6% of sales in Q4, more than doubling from the 14% operating margin posted at the cycle trough.<\/p>\n<p>Inventory days fell to 185 at March 31, 2026, down from 266 days at the December 2024 peak, with distribution inventory now below normal levels and large restocking orders beginning to materialize.<\/p>\n<p>The book-to-bill ratio for Q4 was well above 1, and April 2026 was the largest booking month in nearly four years, according to Sanghi.<\/p>\n<p>For Q1 FY2027, Microchip guided net sales up 11% sequentially (plus or minus 1%), implying growth of approximately 35% year-over-year at&#8230;<\/p>\n<p><a href=\"https:\/\/www.tikr.com\/blog\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microchip Technology Posts $1.31B Quarter: Is Microchip Technology Stock Finally Turning the Corner? https:\/\/www.tikr.com\/blog\/microchip-technology-posts-1-31b-quarter-is-microchip-technology-stock-finally-turning-the-corner Publish&#8230;<\/p>\n","protected":false},"author":1,"featured_media":242892,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/res.cloudinary.com\/tikr\/images\/w_600,h_360,c_scale\/f_webp,q_auto\/v1778375267\/images\/FEATURED-IMAGE-MAKER-546\/FEATURED-IMAGE-MAKER-546.png?_i=AA","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-242889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/242889"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=242889"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/242889\/revisions"}],"predecessor-version":[{"id":242893,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/242889\/revisions\/242893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/242892"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=242889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=242889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=242889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}