Monolithic Power Systems (NASDAQ:MPWR) Posts Earnings Results, Beats Estimates By $0.20 EPS

Monolithic Power Systems (NASDAQ:MPWR) released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, beating the consensus estimate of $4.90 by $0.20, FiscalAI reports. The company had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The firm’s revenue was up 26.1% on a year-over-year basis. During the same period in the previous year, the company posted $4.04 earnings per share.

Here are the key takeaways from Monolithic Power Systems’ conference call:

• MPS reported record Q1 revenue of $804 million, up 7% sequentially and 26% year‑over‑year, led by a 33% sequential jump in communications (optical modules and switches).
• The company raised its enterprise data growth floor to about 85% year‑over‑year, citing extended ordering/backlog and sampling of high‑speed DDR5 interface products at major customers, improving near‑term visibility.
• MPS is expanding manufacturing capacity beyond its prior $4 billion plan toward a $6 billion target with geographically diversified supply‑chain plans and ongoing BCD scaling and module automation to support higher power‑density applications.
• Gross margin remains near the low end of the company’s model (~55.5%) with only modest Q2 improvement guided and caution about potential second‑half headwinds that could constrain profit expansion despite revenue gains.
• MPS is sampling 800‑volt SiC step‑down solutions, developing GaN for lower‑voltage segments, and pursuing robotics/physical‑AI design wins — signaling longer‑term TAM upside but with uncertain timing and revenue impact.

Monolithic Power Systems Price Performance

Shares of MPWR traded up $1,418.75 during trading hours on Friday, hitting $1,577.71. The stock had a trading volume of 327,814 shares, compared to its average volume of 628,483. Monolithic Power Systems has a 12 month low of $150.68 and a 12 month high of $1,714.09. The firm has a market capitalization of $77.51 billion, a PE ratio of 113.75, a PEG ratio of 2.63 and a beta of 1.69. The stock has a fifty day moving average price of $1,501.11 and a 200 day moving average price of $1,205.47.

Insiders Place Their Bets

In other news, EVP Saria Tseng sold 25,674 shares of Monolithic Power Systems stock in a transaction on Monday, March 30th. The shares were sold at an average price of $1,010.50, for a total transaction of $25,943,577.00. Following the transaction, the executive vice president owned 174,982 shares in the company, valued at $176,819,311. This trade represents a 12.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jeff Zhou sold 1,014 shares of Monolithic Power Systems stock in a transaction on 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 transaction, 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 113,073 shares of company stock valued at $160,875,958. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Monolithic Power Systems

Institutional investors have recently bought and sold shares of the business. IFP Advisors Inc boosted its position in shares of Monolithic Power Systems by 171.4% during the 3rd quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 24 shares during the last quarter. Greenline Wealth Management LLC purchased a new stake in Monolithic Power Systems during the fourth quarter valued at $38,000. DV Equities LLC bought a new position in Monolithic Power Systems during the fourth quarter valued at $61,000. MUFG Securities EMEA plc purchased a new position in shares of Monolithic Power Systems in the 2nd quarter worth $103,000. Finally, Summit Securities Group LLC increased its holdings in shares of Monolithic Power Systems by 73.5% in the 4th quarter. Summit Securities Group LLC now owns 144 shares of the semiconductor company’s stock worth $131,000 after buying an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

MPWR has been the topic of several analyst reports. TD Cowen upped their target price on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Truist Financial set a $1,805.00 price objective on shares of Monolithic Power Systems in a report on Friday, May 1st. Wells Fargo & Company upped their price objective on Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Raymond James Financial reiterated an “outperform” rating and set a $1,800.00 target price on shares of Monolithic Power Systems in a research note on Friday, May 1st. Finally, Needham & Company LLC lifted their target price on Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Monolithic Power Systems has a consensus rating of “Moderate Buy” and a consensus price target of $1,599.17.

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.