Monolithic Power Systems (NASDAQ:MPWR) Stock Price Expected to Rise, KeyCorp Analyst Says

Monolithic Power Systems (NASDAQ:MPWR) had its target price increased by KeyCorp from $1,050.00 to $1,250.00 in a report released on Thursday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. KeyCorp’s price objective indicates a potential upside of 16.29% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus upped their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. Oppenheimer reissued an “outperform” rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, Citigroup increased their price target on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Monolithic Power Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $963.18.

Monolithic Power Systems Stock Up 0.4%

Shares of MPWR opened at $1,074.91 on Thursday. Monolithic Power Systems has a 12-month low of $438.86 and a 12-month high of $1,091.91. The business has a 50-day simple moving average of $907.57 and a two-hundred day simple moving average of $762.26. The stock has a market cap of $51.48 billion, a PE ratio of 27.99, a PEG ratio of 3.99 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million during the quarter, compared to analysts’ expectations of $648.74 million. During the same quarter in the prior year, the firm earned $3.17 EPS. The business’s revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Monolithic Power Systems will post 13.2 EPS for the current year.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the sale, the executive vice president directly owned 121,605 shares of the company’s stock, valued at $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total value of $2,250,000.00. Following the completion of the sale, the chief financial officer directly owned 43,939 shares of the company’s stock, valued at approximately $32,954,250. This trade represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 83,842 shares of company stock worth $72,387,683 in the last quarter. Company insiders own 3.40% of the company’s stock.

Institutional Trading of Monolithic Power Systems

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Monolithic Power Systems by 0.3% in the second quarter. Vanguard Group Inc. now owns 5,939,946 shares of the semiconductor company’s stock worth $4,344,358,000 after purchasing an additional 19,277 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Monolithic Power Systems by 33.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after purchasing an additional 506,430 shares during the last quarter. Invesco Ltd. raised its stake in shares of Monolithic Power Systems by 7.5% in the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock worth $724,589,000 after purchasing an additional 86,853 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Monolithic Power Systems by 36.1% in the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock worth $626,592,000 after purchasing an additional 227,159 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Monolithic Power Systems by 18.0% during the second quarter. Bank of America Corp DE now owns 692,747 shares of the semiconductor company’s stock valued at $506,661,000 after acquiring an additional 105,721 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

About Monolithic Power Systems

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.