KeyCorp Boosts Monolithic Power Systems (NASDAQ:MPWR) Price Target to $2,100.00

Monolithic Power Systems (NASDAQ:MPWR) had its target price hoisted by equities research analysts at KeyCorp from $2,000.00 to $2,100.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. KeyCorp’s target price indicates a potential upside of 59.39% from the company’s previous close.

Several other equities analysts have also recently commented on MPWR. Weiss Ratings upgraded shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 12th. Truist Financial set a $1,805.00 price objective on shares of Monolithic Power Systems in a report on Friday, May 1st. TD Cowen upped 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 report on Friday, May 1st. Rosenblatt Securities lifted their target price on Monolithic Power Systems from $1,000.00 to $1,575.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $1,800.00 price target on shares of Monolithic Power Systems in a report on Friday, May 1st. One 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 stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,689.09.

Monolithic Power Systems Stock Up 5.5%

MPWR opened at $1,317.56 on Friday. The firm has a market capitalization of $64.73 billion, a P/E ratio of 94.99 and a beta of 1.71. The stock’s 50 day moving average price is $1,443.86 and its two-hundred day moving average price is $1,313.49. Monolithic Power Systems has a 12-month low of $706.00 and a 12-month high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, topping analysts’ consensus estimates of $5.87 by $0.63. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The company had revenue of $980.64 million during the quarter, compared to analyst estimates of $903.30 million. During the same period in the previous year, the company earned $4.21 earnings per share. The company’s quarterly revenue was up 47.6% compared to the same quarter last year. As a group, analysts anticipate that Monolithic Power Systems will post 20.2 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Maurice Sciammas sold 30 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,351.61, for a total value of $40,548.30. Following the completion of the transaction, the executive vice president directly owned 1,149 shares of the company’s stock, valued at approximately $1,552,999.89. This represents a 2.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugen J. Elmiger sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,584.96, for a total value of $19,019,520.00. Following the transaction, the director owned 5,402 shares of the company’s stock, valued at $8,561,953.92. This trade represents a 68.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 69,370 shares of company stock worth $112,702,503. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Monolithic Power Systems

Several institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its position in Monolithic Power Systems by 2.1% in the fourth quarter. State Street Corp now owns 2,180,419 shares of the semiconductor company’s stock valued at $1,979,610,000 after buying an additional 45,715 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Monolithic Power Systems by 3,719.6% in the fourth quarter. Corient Private Wealth LLC now owns 2,047,173 shares of the semiconductor company’s stock valued at $1,855,476,000 after acquiring an additional 1,993,576 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Monolithic Power Systems by 7.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,691,394 shares of the semiconductor company’s stock valued at $1,533,013,000 after acquiring an additional 117,596 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Monolithic Power Systems by 25.9% in the 4th quarter. Invesco Ltd. now owns 1,434,689 shares of the semiconductor company’s stock worth $1,300,345,000 after acquiring an additional 295,556 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Monolithic Power Systems by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 1,382,280 shares of the semiconductor company’s stock worth $1,248,436,000 after acquiring an additional 44,583 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Key Stories Impacting Monolithic Power Systems

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

• Positive Sentiment: Strong Q2 results: MPWR reported adjusted earnings of $6.50 per share versus the $5.87 consensus estimate, while revenue rose 47.6% year over year to $980.64 million, ahead of the $903.30 million forecast. Earnings also increased from $4.21 per share in the prior-year quarter. Monolithic Power Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Above-consensus outlook: Management guided third-quarter revenue to approximately $1.1 billion-$1.2 billion, substantially above the roughly $980 million analyst expectation. The outlook reinforces expectations for continued demand across the company’s power-management semiconductor business. Monolithic Power Systems Beats Expectations in Strong Q2
• Positive Sentiment: AI investment narrative strengthened: The earnings growth and lofty forward projections could support the view that MPWR is benefiting from rising power requirements for artificial intelligence infrastructure. The post-earnings reaction included a sharp increase in the stock price. Could Monolithic Power Systems’ Lofty Earnings Projections Reframe Its AI Investment Narrative?
• Neutral Sentiment: The earnings-call transcript and company webinar give investors additional detail on quarterly performance and the forward outlook, but the available reports do not identify a separate material catalyst beyond the results and guidance. Monolithic Power Systems Q2 2026 Earnings Call Transcript
• Negative Sentiment: Valuation risk: After a reported 195% run, commentary suggests MPWR may be fully priced. With a price-to-earnings ratio near 95 and shares well below their 52-week high, investors may demand continued exceptional growth to justify the valuation. Monolithic Power Systems Stock Looks Fully Priced Following Its 195% Run
• Negative Sentiment: A law firm is soliciting shareholders regarding alleged breaches of fiduciary duty by insiders. The notice is not proof of wrongdoing, but it introduces a potential legal and governance overhang. Shareholder Fiduciary-Duty Solicitation

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.