Monolithic Power Systems (NASDAQ:MPWR) Given New $1,800.00 Price Target at Wells Fargo & Company

Monolithic Power Systems (NASDAQ:MPWR) had its target price hoisted by Wells Fargo & Company from $1,700.00 to $1,800.00 in a research report report published on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the semiconductor company’s stock.

MPWR has been the topic of several other research reports. Rosenblatt Securities reissued a “neutral” rating and set a $1,575.00 target price on shares of Monolithic Power Systems 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. Citigroup reiterated a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, May 1st. KeyCorp increased their price target on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, TD Cowen raised their price objective on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,705.82.

Monolithic Power Systems Stock Up 8.3%

NASDAQ:MPWR opened at $1,426.03 on Friday. The stock’s fifty day moving average is $1,440.58 and its two-hundred day moving average is $1,314.27. Monolithic Power Systems has a 52 week low of $706.00 and a 52 week high of $1,714.09. The stock has a market capitalization of $70.06 billion, a price-to-earnings ratio of 87.43 and a beta of 1.71.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly 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. Monolithic Power Systems had a return on equity of 22.78% and a net margin of 24.41%.The business had revenue of $980.64 million during the quarter, compared to analyst estimates of $903.30 million. During the same period last year, the business posted $4.21 earnings per share. The company’s quarterly revenue was up 47.6% on a year-over-year basis. On average, sell-side analysts expect that Monolithic Power Systems will post 20.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $2.00 dividend. 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 dividend payout ratio (DPR) is presently 57.68%.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, Director Jeff Zhou sold 1,014 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $1,587.06, for a total transaction of $1,609,278.84. Following the sale, the director owned 4,786 shares in the company, valued at $7,595,669.16. This represents a 17.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Saria Tseng sold 7,565 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 144,218 shares in the company, valued at $245,170,600. This represents a 4.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 69,370 shares of company stock valued at $112,702,503 in the last 90 days. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Monolithic Power Systems

Institutional investors and hedge funds have recently made changes to their positions in the stock. Diversified Enterprises LLC raised its holdings in Monolithic Power Systems by 7.8% in the second quarter. Diversified Enterprises LLC now owns 208 shares of the semiconductor company’s stock valued at $288,000 after acquiring an additional 15 shares in the last quarter. Simmons Bank grew its holdings in Monolithic Power Systems by 7.3% during the 2nd quarter. Simmons Bank now owns 1,251 shares of the semiconductor company’s stock worth $1,729,000 after acquiring an additional 85 shares in the last quarter. Aberdeen Group plc grew its holdings in Monolithic Power Systems by 6.2% during the 2nd quarter. Aberdeen Group plc now owns 41,854 shares of the semiconductor company’s stock worth $57,857,000 after acquiring an additional 2,432 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its position in shares of Monolithic Power Systems by 19.9% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 5,010 shares of the semiconductor company’s stock valued at $6,926,000 after purchasing an additional 833 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of Monolithic Power Systems by 15.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 17,286 shares of the semiconductor company’s stock valued at $23,895,000 after purchasing an additional 2,276 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Monolithic Power Systems

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.