Truist Financial Issues Positive Forecast for Monolithic Power Systems (NASDAQ:MPWR) Stock Price

Monolithic Power Systems (NASDAQ:MPWR) had its price objective boosted by Truist Financial from $1,805.00 to $1,889.00 in a research note published on Friday morning,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

Other equities research analysts have also recently issued research reports about the company. Citigroup restated a “buy” rating on shares of Monolithic Power Systems in a report on Friday, May 1st. TD Cowen increased their target price on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Oppenheimer set a $1,700.00 price target on Monolithic Power Systems in a research note on Friday, May 1st. Weiss Ratings raised Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 12th. Finally, Wells Fargo & Company lowered their price target on Monolithic Power Systems from $1,860.00 to $1,700.00 and set an “overweight” rating for the company in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,705.82.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR opened at $1,426.03 on Friday. Monolithic Power Systems has a 1 year low of $706.00 and a 1 year high of $1,714.09. The firm’s 50 day moving average price is $1,440.58 and its 200 day moving average price is $1,314.27. The firm has a market cap of $70.06 billion, a P/E ratio of 87.43 and a beta of 1.71.

Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, topping the consensus estimate of $5.87 by $0.63. The firm had revenue of $980.64 million during the quarter, compared to analysts’ expectations of $903.30 million. Monolithic Power Systems had a net margin of 24.41% and a return on equity of 22.78%. Monolithic Power Systems’s revenue for the quarter was up 47.6% on a year-over-year basis. During the same period in the previous year, the company earned $4.21 EPS. As a group, equities analysts predict that Monolithic Power Systems will post 20.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio is presently 57.68%.

Insiders Place Their Bets

In related news, EVP Maurice Sciammas sold 12,000 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $1,561.40, for a total value of $18,736,800.00. Following the transaction, the executive vice president directly owned 166,644 shares of the company’s stock, valued at approximately $260,197,941.60. This trade represents a 6.72% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Saria Tseng sold 7,565 shares of Monolithic Power Systems stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the transaction, the executive vice president owned 144,218 shares in the company, valued at $245,170,600. The trade was a 4.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 69,370 shares of company stock worth $112,702,503. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Monolithic Power Systems

A number of institutional investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Monolithic Power Systems during the 4th quarter worth approximately $34,000. IFP Advisors Inc lifted its position in Monolithic Power Systems by 171.4% during the third quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 24 shares in the last quarter. Covestor Ltd grew its stake in Monolithic Power Systems by 29.0% during the fourth quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock worth $36,000 after buying an additional 9 shares during the period. Greenline Wealth Management LLC purchased a new stake in Monolithic Power Systems during the fourth quarter worth approximately $38,000. Finally, Sunbelt Securities Inc. increased its position in shares of Monolithic Power Systems by 233.3% in the first quarter. Sunbelt Securities Inc. now owns 40 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems News Summary

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: Q2 results exceeded expectations: Monolithic Power reported adjusted earnings of $6.50 per share versus the $5.87 analyst consensus, while revenue reached $980.64 million, up 47.6% year over year and well above the $903.30 million estimate. Monolithic Power Systems Q2 earnings report
• Positive Sentiment: AI and data-center demand is accelerating: Enterprise Data revenue surged 164.3%, and management highlighted expanding AI infrastructure demand, capacity investments and broader power-management solutions as key growth drivers. MPWR Q2 earnings call highlights
• Positive Sentiment: Strong third-quarter outlook: Management projected approximately $1.14 billion to $1.16 billion in third-quarter sales, substantially above the roughly $980 million consensus estimate, reinforcing expectations for continued growth and operating leverage. Monolithic Power beats Q2 earnings estimates
• Positive Sentiment: Analysts raised targets: KeyCorp increased its target to $2,100 with an overweight rating, Truist raised its target to $1,889 with a buy rating, and Wells Fargo lifted its target to $1,800 with an overweight rating. Analyst forecasts after strong Q2 results
• Neutral Sentiment: Rosenblatt reaffirmed a neutral rating, although it raised its price target to $1,575, suggesting some analysts believe much of the near-term improvement is already reflected in the valuation. Rosenblatt rating
• Negative Sentiment: Valuation remains a risk: MPWR has risen sharply over the past year and trades at a high earnings multiple, leaving the stock vulnerable to profit-taking if AI demand, margins or future guidance fail to meet elevated expectations. MPWR valuation analysis

Monolithic Power Systems Company Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.