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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns

Monolithic Power Systems (MPWR) Stock Price, News & Analysis

$673.14
+7.89 (+1.19%)
(As of 03/27/2024 ET)
Today's Range
$657.41
$676.62
50-Day Range
$601.14
$767.60
52-Week Range
$383.19
$778.15
Volume
460,929 shs
Average Volume
585,778 shs
Market Capitalization
$32.75 billion
P/E Ratio
76.84
Dividend Yield
0.59%
Price Target
$668.30

Monolithic Power Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
0.7% Downside
$668.30 Price Target
Short Interest
Healthy
1.98% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.24
Upright™ Environmental Score
News Sentiment
1.87mentions of Monolithic Power Systems in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$98.07 M Sold Last Quarter
Proj. Earnings Growth
30.17%
From $10.21 to $13.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Computer And Technology Sector

57th out of 588 stocks

Semiconductors & Related Devices Industry

11th out of 91 stocks

MPWR stock logo

About Monolithic Power Systems Stock (NASDAQ:MPWR)

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. It offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in computers and notebooks, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, value-added resellers, directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers. It serves China, Taiwan, South Korea, Europe, Japan, Southeast Asia, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.

MPWR Stock Price History

MPWR Stock News Headlines

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MPWR Jul 2024 800.000 call
MPWR Dec 2024 680.000 call
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Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
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Monolithic Power stock surges on earnings, guidance
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See More Headlines
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Company Calendar

Ex-Dividend for 1/15 Dividend
12/28/2023
Dividend Payable
1/15/2024
Last Earnings
2/07/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MPWR
CUSIP
60983910
Employees
3,564
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$668.30
High Stock Price Target
$830.00
Low Stock Price Target
$475.00
Potential Upside/Downside
-0.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$427.37 million
Pretax Margin
27.78%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$9.76 per share
Book Value
$42.75 per share

Miscellaneous

Free Float
47,104,000
Market Cap
$32.75 billion
Optionable
Optionable
Beta
1.25

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Should I Buy Monolithic Power Systems Stock? MPWR Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Monolithic Power Systems was last updated on Sunday, March 24, 2024 at 3:11 PM.

Pros

Here are some ways that investors could benefit from investing in Monolithic Power Systems, Inc.:

  • Monolithic Power Systems has received positive ratings from multiple research analysts, indicating a strong outlook for the company.
  • The company's target price has been consistently raised by various analysts, suggesting growth potential.
  • Monolithic Power Systems operates in the semiconductor industry, which is known for its innovation and technological advancements.
  • The company offers a diverse range of semiconductor-based power electronics solutions for various markets, providing revenue stability.
  • Recent financial reports show a steady increase in revenue and profitability, reflecting a healthy financial performance.

Cons

Investors should be bearish about investing in Monolithic Power Systems, Inc. for these reasons:

  • Market volatility in the semiconductor industry can impact the company's stock price, leading to potential investment risks.
  • Competition in the semiconductor market is intense, which may affect Monolithic Power Systems' market share and profitability.
  • Dependency on third-party distributors and value-added resellers for product sales can introduce uncertainties in revenue streams.
  • Global economic conditions and geopolitical factors can influence the demand for semiconductor products, affecting the company's sales.
  • Investors should carefully monitor the stock price of Monolithic Power Systems to make informed investment decisions.

MPWR Stock Analysis - Frequently Asked Questions

Should I buy or sell Monolithic Power Systems stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monolithic Power Systems in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MPWR shares.
View MPWR analyst ratings
or view top-rated stocks.

What is Monolithic Power Systems' stock price target for 2024?

9 Wall Street research analysts have issued 12 month price objectives for Monolithic Power Systems' shares. Their MPWR share price targets range from $475.00 to $830.00. On average, they expect the company's share price to reach $668.30 in the next year. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for MPWR
or view top-rated stocks among Wall Street analysts.

How have MPWR shares performed in 2024?

Monolithic Power Systems' stock was trading at $630.78 at the start of the year. Since then, MPWR shares have increased by 6.7% and is now trading at $673.14.
View the best growth stocks for 2024 here
.

When is Monolithic Power Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MPWR earnings forecast
.

How were Monolithic Power Systems' earnings last quarter?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) announced its earnings results on Wednesday, February, 7th. The semiconductor company reported $2.04 earnings per share for the quarter, missing analysts' consensus estimates of $2.21 by $0.17. The semiconductor company had revenue of $454.01 million for the quarter, compared to analysts' expectations of $452.13 million. Monolithic Power Systems had a net margin of 23.47% and a trailing twelve-month return on equity of 22.66%.

How often does Monolithic Power Systems pay dividends? What is the dividend yield for Monolithic Power Systems?

Monolithic Power Systems announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Friday, March 29th will be given a dividend of $1.25 per share on Monday, April 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $1.00.
Read our dividend analysis for MPWR
.

Is Monolithic Power Systems a good dividend stock?

Monolithic Power Systems (NASDAQ:MPWR) pays an annual dividend of $4.00 per share and currently has a dividend yield of 0.60%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 45.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MPWR will have a dividend payout ratio of 30.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MPWR.

What guidance has Monolithic Power Systems issued on next quarter's earnings?

Monolithic Power Systems updated its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $437.0 million-$457.0 million, compared to the consensus revenue estimate of $430.8 million.

What is Michael R. Hsing's approval rating as Monolithic Power Systems' CEO?

11 employees have rated Monolithic Power Systems Chief Executive Officer Michael R. Hsing on Glassdoor.com. Michael R. Hsing has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Monolithic Power Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monolithic Power Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Lam Research (LRCX), Broadcom (AVGO), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY), Advanced Micro Devices (AMD) and Applied Materials (AMAT).

Who are Monolithic Power Systems' major shareholders?

Monolithic Power Systems' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.25%), Vanguard Group Inc. (11.23%), Price T Rowe Associates Inc. MD (4.51%), Franklin Resources Inc. (3.77%), Massachusetts Financial Services Co. MA (2.17%) and Brown Advisory Inc. (2.12%). Insiders that own company stock include Deming Xiao, James C Moyer, James C Moyer, Jeff Zhou, Kuo Wei Herbert Chang, Mariana Garavaglia, Maurice Sciammas, Michael Hsing, Ronald Fleming, Saria Tseng and Theodore Blegen.
View institutional ownership trends
.

How do I buy shares of Monolithic Power Systems?

Shares of MPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MPWR) was last updated on 3/28/2024 by MarketBeat.com Staff

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