Microchip Technology Inc. vs Raytheon Technologies Corp — how do they compare? Microchip Technology Inc. trades at $82.02 (market cap $44.20B), while Raytheon Technologies Corp trades at $223.5 (market cap $302.06B). The key difference: Raytheon Technologies Corp is far larger — about 6.8× Microchip Technology Inc.'s market cap, and Microchip Technology Inc. pays the higher dividend (2.24%). Which is the better fit depends on your goals.
| MCHP | RTX | |
|---|---|---|
Market Cap | $44.20B | $302.06B |
Sector | Technology | Industrials |
52-Week High | $102.97 | $224.12 |
52-Week Low | $49.02 | $151.75 |
Enterprise Value | $49.32B | $332.61B |
Dividend Yield | 2.24% | 1.3% |
Signals from Pluang's Aura AI — not financial advice
Microchip Technology (MCHP) trades at $84.69, up 13.89% in 24 hours, reflecting strong momentum. The stock is in a bullish technical trend, with recent earnings beats and robust data center revenue growth of 98% last quarter. Analyst consensus is strongly bullish with a $104 price target. However, valuation ratios like a P/E of 124.54 are elevated, and 2025 net income was negative, posing fundamental concerns despite a recovery forecast for 2026.
Outlook is positive driven by AI and data center demand, but high valuation and past profitability volatility are risks. The stock offers growth exposure amid analyst optimism, yet investors should weigh premium pricing against execution risks in a competitive semiconductor market.
RTX trades at $223.86, up 0.37% today, with a bullish technical signal and strong analyst consensus of 17 buys and a $233.14 price target. Recent earnings beats and a $515 million Navy radar contract (PRNewsWire, June 3, 2026) highlight operational momentum. Revenue grew to $88.60 billion in 2025, with net income margin improving to 8.28%, though a P/E of 39.46 suggests premium valuation.
The outlook is positive, driven by defense contract wins and earnings growth, but risks include high valuation and geopolitical dependencies. Cash flow trends show strengthening operations, supporting dividend payments and strategic investments.
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufactures and to the defense market as a prime and subprime contractor.
Read more on RTX →