Monolithic Power Systems (NASDAQ:MPWR) Given New $1,906.00 Price Target at Truist Financial

Monolithic Power Systems (NASDAQ:MPWR) had its target price boosted by Truist Financial from $1,889.00 to $1,906.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

MPWR has been the topic of a number of other reports. Wells Fargo & Company lowered their price target on shares of Monolithic Power Systems from $1,800.00 to $1,550.00 and set an “overweight” rating on the stock in a report on Tuesday, October 20th. TD Cowen cut their price objective on shares of Monolithic Power Systems from $1,850.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. Needham & Company LLC reiterated a “buy” rating on shares of Monolithic Power Systems in a research note on Friday. KeyCorp increased their target price on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Finally, Wall Street Zen upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Sunday, October 25th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Monolithic Power Systems currently has an average rating of “Moderate Buy” and a consensus target price of $1,783.77.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $1,211.63 on Friday. Monolithic Power Systems has a 1-year low of $833.18 and a 1-year high of $1,714.09. The business has a fifty day moving average price of $1,274.70 and a 200 day moving average price of $1,310.31. The stock has a market capitalization of $59.54 billion, a P/E ratio of 63.06 and a beta of 1.68.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.79 by $0.40. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.16 billion. Monolithic Power Systems had a return on equity of 25.29% and a net margin of 23.85%. The firm’s quarterly revenue was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.73 earnings per share. As a group, equities research analysts anticipate that Monolithic Power Systems will post 23.95 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $2.00 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $8.00 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is 49.05%.

Insider Activity

In other news, Director Kuo Wei Chang sold 50 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $1,281.57, for a total transaction of $64,078.50. Following the transaction, the director owned 515 shares in the company, valued at $660,008.55. This represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Maurice Sciammas sold 30 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total transaction of $40,318.20. Following the transaction, the executive vice president owned 1,119 shares in the company, valued at approximately $1,503,868.86. This trade represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 130 shares of company stock valued at $175,397. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Monolithic Power Systems

Large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Monolithic Power Systems in the 2nd quarter valued at about $7,727,289,000. State Street Corp lifted its stake in Monolithic Power Systems by 4.3% in the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock worth $3,159,219,000 after purchasing an additional 93,732 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Monolithic Power Systems by 42.3% during the 2nd quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock worth $1,031,568,000 after purchasing an additional 221,666 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Monolithic Power Systems during the 2nd quarter worth approximately $741,271,000. Finally, Royal Bank of Canada boosted its holdings in shares of Monolithic Power Systems by 168.1% during the 1st quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock worth $517,557,000 after purchasing an additional 296,788 shares during 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: Strong Q3 results: Monolithic Power reported adjusted earnings of $8.19 per share and revenue of approximately $1.20 billion, exceeding consensus estimates of $7.79 per share and $1.16 billion. Revenue increased 63.1% year over year, while earnings rose 73.2%, reflecting powerful demand from enterprise data and artificial-intelligence customers. MPWR Q3 Earnings Surpass Estimates on Enterprise Data Strength
• Positive Sentiment: AI growth outlook improves: Management raised its 2026 enterprise-data growth outlook as AI-related demand accelerates. Capacity expansion and additional opportunities in communications and automotive could support continued revenue growth. The company also issued upbeat fourth-quarter guidance. MPWR Q3 Earnings Call Highlights AI Demand and Capacity Expansion
• Positive Sentiment: Analyst upgrades and targets: Rosenblatt Securities upgraded MPWR to “buy” and raised its target to $1,700 from $1,575. Truist Financial also maintained a “buy” rating and lifted its target to $1,906 from $1,889, signaling substantial expected upside based on the current quotation.
• Neutral Sentiment: Management changes: Tony Balow was appointed chief financial officer and Robert Dean chief accounting officer. The appointments may improve financial oversight, but leadership transitions can create near-term uncertainty. Monolithic Power Systems Announces CFO and CAO Appointments
• Negative Sentiment: Legal and fund-flow risks: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by MPWR directors and officers; no wrongdoing has been established. Separately, ETFs were reported as net sellers, which could add short-term selling pressure.

About Monolithic Power Systems

Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.