Monolithic Power Systems (NASDAQ:MPWR) Receives “Neutral” Rating from Rosenblatt Securities

Rosenblatt Securities restated their neutral rating on shares of Monolithic Power Systems (NASDAQ:MPWR) in a research report report published on Friday,Benzinga reports. The firm currently has a $1,575.00 price target on the semiconductor company’s stock.

A number of other equities analysts also recently commented on MPWR. KeyCorp boosted their price objective on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research note on Friday. Oppenheimer set a $1,700.00 target price on Monolithic Power Systems in a research report on Friday, May 1st. Weiss Ratings upgraded Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Wells Fargo & Company reduced 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 research report on Monday, July 20th. Finally, Zacks Research upgraded Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,705.82.

Monolithic Power Systems Stock Performance

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

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

Monolithic Power Systems Announces Dividend

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

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 30 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,351.61, for a total value of $40,548.30. Following the completion of the sale, the executive vice president directly owned 1,149 shares in the company, valued at $1,552,999.89. This trade represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deming Xiao sold 30,000 shares of Monolithic Power Systems stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $1,654.55, for a total transaction of $49,636,500.00. Following the completion of the transaction, the executive vice president directly owned 205,959 shares in the company, valued at $340,769,463.45. This represents a 12.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,370 shares of company stock valued at $112,702,503 over the last three months. Company insiders own 3.60% of the company’s stock.

Institutional Trading of Monolithic Power Systems

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

Monolithic Power Systems News Roundup

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

About Monolithic Power Systems

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.