PerpEquities

Equity · Technology

Microchip Technology Incorporated (MCHP) perpetual futures

MCHP perpetual futures on 3 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade MCHPUSDT.

Microchip Technology develops and sells embedded control solutions, including microcontrollers, microprocessors, FPGAs, analog and interface components, and memory products, for automotive, industrial, computing and communications customers.

$62.49-1.9%NASDAQ closed
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venue perp mark · MEXC (MCHP/USDT)
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Trading data

Perpetual market activity

3/4 live markets
Venues
4
Live markets
3/4
24h volume
$128.5K
Open interest
$163.9K
Best liquidity
$200K
Extended
Tightest spread
+83.1 bps
Extended
Highest volume
$127.8K
MEXC
Settlement mix
USDT · 3/4
Perp/spot vol.
0.00x
Spot volume $931.4M
OI / float
0.00%
Float $33.3B
Spot performance
1D-1.89%
5D-19.11%
1M-20.15%
6M-39.12%
YTD-5.32%
1Y+8.88%

Venue matrix

4 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeMCHP/USDTTrading$62.43+21.9% APR
+0.020% every 8h		+126.6 bps$47.3K$127.8K$146.2KUSDT20x
Gate.ioTradeMCHP/USDTTrading$62.770.0% APR
0.000% every 8h		+458.8 bps$0$715$17.7KUSDT20x
ExtendedTradeMCHP/USDTrading$62.49+4.4% APR
+0.00050% every 1h		+83.1 bps$200K$0$0USD10x
BingXTradeMCHP-USDTWatchlist------USDT-

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 1 of 3 venues absorb $10k · Typical cost: +56.6 bps

Cheapest execution: Extended · +56.6 bps

No fresh book data: MEXC, Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

MCHP
Extended · MCHP/USD$200K

Tightest spread

MCHP
Extended · MCHP/USD+83.1 bps

Highest volume

MCHP
MEXC · MCHP/USDT$127.8K

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q2 '27 · filed 2026-11-05 · next report 2027-02-04 · Updated 5h ago
All financials →

Valuation & key figures

Market cap
$32.8B
Updated 5h ago
Revenue
$5.6B
Trailing 12 months
Revenue growth
+35%
Next fiscal year
Profit margin
+14.5%
P/E
45.2
Peer P/E 35.5
P/S
5.8
Peer P/E
35.5
Similar listed perps
Free cash flow
$1.5B
Trailing 12 months
Net income
$810.3M
Trailing 12 months
Revenue estimate
$6.4B
Next fiscal year
Earnings
2027-02-04
Revenue est. $1.6B · Updated 5h ago
Dividend
$0.455
2026-11-23
Revenue (TTM)$5.6B+33.0% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)20.8%+19.4 pp vs a year agoOperating income $1.16B
Net income (TTM)$810M+537.8% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$1.46B+92.9% vs a year agoCapex $73.7M
Diluted EPS (TTM)$1.32+432.0% vs a year agoSum of the last 4 quarters
Net cash-$5.1B+1.5% vs a year agoCash + short-term investments - debt
  • Last report (2026-11-05): revenue beat by 0.8%, EPS beat by 3.6%Revenue $1.62B vs $1.61B expected (+0.8%); EPS $0.97 vs $0.94 (+3.6%).
  • Revenue growth accelerating: 42.2% year on yearQ2 '27 revenue $1.62B, against an average of 21.7% over the four quarters before.
  • Operating margin 20.8% (TTM), +19.4 pp on a year agoOperating income grew 1,910.5% while revenue grew 33.0%.
  • 20.6% of pre-tax profit is eaten by non-operating lossesPre-tax income $965M vs operating income $1.16B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.

Revenue, operating income and growth

quarterly

Revenue by business line

Q2 '27
LineRevenuey/yShare
Semiconductor Products Member$1.55B+39.9%95.6%
Technology Licensing Member$71.1M+119.4%4.4%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 273 lines Microchip Technology Incorporated reported to the SEC

Next catalyst

Catalysts

Earnings
2027-02-04
Revenue est. $1.6B · Updated 5h ago
Dividend
$0.455
2026-11-23

No unusual perp activity right now.

Reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
09:30 AM – 04:00 PM EST
Next holiday
Nov 26, 2026 · Thanksgiving Day

Extended-hours reference

Bid62.27
Ask62.6
Volume9,995

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20273.62$6.4B+35%15
FY 20284.43$7.4B+57%17
FY 20295.16$8.3B+76%5
FY 20306.19$9.4B+98%1
Q2 20271.07$1.8B+10%5
Q3 20271.16$1.9B+58%5

Company events

6
2027-02-04EarningsActual - / Estimate 0.96-
2026-11-23Dividend$0.455-
2026-11-05Earnings · After market closeActual 0.97 / Estimate 0.94Beat
2026-08-24Dividend$0.455-
2026-08-06EarningsActual 0.76 / Estimate 0.7Beat
2026-05-22Dividend$0.455-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
TWLO$33.1B5.725.7+21.8%9NBIS$32.2B23.7744.4+3.1%26DISCO$32.1B10.231.8+32.0%1GUC$32.1B18.7159.3+11.7%2HK0992$32B0.437.6+0.9%5LENOVO$32B0.437.6+0.9%3AVC$31.9B5.133.5+17.9%2RENESAS$33.7B3.48.8+38.3%1

Company data

Company intelligence

Updated: Nov 10, 2026, 04:54 PM UTC

Company profile

Sector
Technology
Industry
Semiconductors
Chief executive
Steve Sanghi
Employees
17,900
IPO date
Mar 19, 1993
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei4.42
Piotroski scorei7/9
Overall ratingiC
Owner earningsi$568.11M$1.03 per share
ESG risk ratingiB-Industry rank: 21 out of 26

Rating factors

Return on equityi
3
Return on assetsi
3
Debt to equityi
1
Price to earningsi
1
Price to booki
1

Company press releases

Microchip Brings EtherCAT® and TSN Networking Solutions to its Power-Efficient PolarFire® FPGA PlatformGlobeNewsWireMicrochip Achieves Key Program Milestones for its PIC64-HPSC Spaceflight Computing SeriesGlobeNewsWireMicrochip Adds the LX-820 Quartz Oscillator to its L-Series Timing Portfolio Developed for Low Earth Orbit ApplicationsGlobeNewsWireMicrochip Expands Space Power Portfolio with New Radiation-Tolerant GaN Point-of-Load ConverterGlobeNewsWireMicrochip Technology Acquires VORAGO TechnologiesGlobeNewsWireMicrochip Introduces its First Turnkey Touch Controllers for Buttons, Sliders and Wheels with Parallel SensingGlobeNewsWire

Congressional disclosures

Senate

House

Market cap history
$41.96B+2.8%Aug 26 – Oct 26
$38.78B$41.49B$44.21BHigh: $44.21B · 2026-10-05Low: $38.78B · 2026-09-14Latest: $41.96B · 2026-10-30Aug 26Sep 26Oct 26
Latest: $41.96B · 2026-10-30High: $44.21B · 2026-10-05Low: $38.78B · 2026-09-14
Largest fund holders
FundWeightShares held
VTI0.06%17.3M
ANNPX2.16%15.9M
VOO0.06%14.3M
SOXX2.46%14.2M
VO0.42%11.6M
QQQ0.19%11.3M
SMH0.9%7.8M
IVV0.06%7.2M
1657.T0.05%7.2M
XSP.TO0.07%7.2M
FXAIX0.06%7.1M
SPY0.07%6.6M

Analyst track record

How the analysts covering MCHP have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings123365
Analysts2633
Buy / hold / sell86 / 37 / 0261 / 98 / 6
Upgrades / downgrades / initiations4 / 0 / 39 / 6 / 8
Price targets hit / missed24 / 94 (20%)119 / 222 (35%)
Avg. return after a rating (TipRanks)-15.1%-6.5%
Best / worst call+29.9% / -44.2%+115.3% / -44.2%

After buy calls on this stock: median 21-day move +0.7% vs S&P 500 -2.3% (n = 270)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Timothy ArcuriUBS75% hit rate on this stock · 8 targets measuredBuytarget $85.00Nov 6, 2026
  2. Harlan SurJ.P. Morgan73% hit rate on this stock · 11 targets measuredBuytarget $100Nov 6, 2026
  3. Vijay RakeshMizuho Securities71% hit rate on this stock · 14 targets measuredBuytarget $90.00Nov 6, 2026

Latest ratings

DateAnalystCallTarget
Nov 9, 2026Joseph MooreMorgan StanleyHoldReiterated$72.00article ↗
Nov 9, 2026Thomas O'MalleyBarclaysHoldMaintained$90.00article ↗
Nov 6, 2026Melissa FairbanksRaymond JamesBuyMaintained$80.00article ↗
Nov 6, 2026Timothy ArcuriUBSBuyMaintained$85.00article ↗
Nov 6, 2026William SteinTruist FinancialHoldMaintained$62.00article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$60.00$70.00$80.00$90.00$100$110Dec 25 · Buy 17 · Hold 6 · Sell 0Dec 25Jan 26 · Buy 21 · Hold 4 · Sell 0Feb 26 · Buy 17 · Hold 5 · Sell 0Feb 26Mar 26 · Buy 17 · Hold 5 · Sell 0Apr 26 · Buy 17 · Hold 5 · Sell 0Apr 26May 26 · Buy 20 · Hold 5 · Sell 0Jun 26 · Buy 19 · Hold 5 · Sell 0Jun 26Jul 26 · Buy 18 · Hold 5 · Sell 0Aug 26 · Buy 19 · Hold 5 · Sell 0Aug 26Sep 26 · Buy 19 · Hold 5 · Sell 0Oct 26 · Buy 19 · Hold 5 · Sell 0Oct 26Nov 26 · Buy 19 · Hold 5 · Sell 0Dec 25 · avg. target $75.45Jan 26 · avg. target $82.21Feb 26 · avg. target $87.90Mar 26 · avg. target $87.90Apr 26 · avg. target $87.90May 26 · avg. target $109Jun 26 · avg. target $111Jul 26 · avg. target $111Aug 26 · avg. target $107Sep 26 · avg. target $107Oct 26 · avg. target $108Nov 26 · avg. target $94.38Dec 25 · month-end close $63.72Jan 26 · month-end close $75.92Feb 26 · month-end close $74.64Mar 26 · month-end close $64.61Apr 26 · month-end close $92.91May 26 · month-end close $94.65Jun 26 · month-end close $91.20Jul 26 · month-end close $74.29Aug 26 · month-end close $73.45Sep 26 · month-end close $77.77Oct 26 · month-end close $77.34Nov 26 · month-end close $58.35

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 9, 2026 · 123 ratings

Frequently asked questions

Where can I trade MCHP perpetual futures?

Microchip Technology Incorporated (MCHP) perpetual futures trade on 3 crypto venues, including MEXC, Gate.io, Extended. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade MCHP around the clock?

Yes. Unlike the underlying stock, MCHP perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on MCHP perpetuals?

Right now the MCHP perp funding rate is +4.4% annualized (venue median), ranging from 0.0% to +21.9% across 3 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the MCHP perp price compare to the Microchip Technology Incorporated stock?

The venue-median MCHP perp mark is $62.5 versus a reference stock price of $62.5, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a MCHP perpetual future?

A MCHP perpetual is a derivative that tracks the price of Microchip Technology Incorporated with no expiry date. It lets you take long or short exposure to Microchip Technology Incorporated on crypto venues, around the clock.

What is MCHPUSDT perpetual?

MCHPUSDT is the symbol most crypto exchanges use for the Microchip Technology Incorporated perpetual settled in USDT (Tether). It tracks the MCHP share price through an index, trades 24/7 with leverage and never expires.

Other Technology perps

Also listed on MEXC

Also listed on Gate.io

Also listed on Extended

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