Monolithic Power Systems, Inc. (MPWR)
NASDAQ: MPWR · Real-Time Price · USD
935.61
+12.86 (1.39%)
Oct 4, 2024, 4:00 PM EDT - Market closed

Monolithic Power Systems Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for MPWR stock have an average target of 959.9, with a low estimate of 725 and a high estimate of 1,100. The average target predicts an increase of 2.60% from the current stock price of 935.61.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $725 $959.9 $994 $1,100
Change -22.51% +2.60% +6.24% +17.57%

Analyst Ratings

The average analyst rating for MPWR stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444666
Buy 543444
Hold 110000
Sell 000000
Strong Sell 000000
Total 1097101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Reiterates
$918$994
Strong Buy Reiterates $918$994 +6.24% Oct 2, 2024
Stifel
Stifel
Strong Buy
Maintains
$1,000$1,100
Strong Buy Maintains $1,000$1,100 +17.57% Sep 27, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$925$1,100
Strong Buy Maintains $925$1,100 +17.57% Aug 21, 2024
Needham
Needham
Strong Buy
Maintains
$800$1,000
Strong Buy Maintains $800$1,000 +6.88% Aug 5, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$880
Strong Buy Maintains $880 -5.94% Aug 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.22B
from 1.82B
Increased by 21.69%
Revenue Next Year
2.69B
from 2.22B
Increased by 21.21%
EPS This Year
14.27
from 8.76
Increased by 62.86%
EPS Next Year
17.85
from 14.27
Increased by 25.10%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
627.92M844.45M1.21B1.79B1.82B2.22B2.69B3.17B
Revenue Growth
7.82%34.48%43.03%48.55%1.50%21.69%21.21%18.13%
EPS
2.383.505.059.058.7614.2717.8522.34
EPS Growth
0.85%47.06%44.29%79.21%-3.20%62.86%25.10%25.18%
Forward PE
-----65.5852.4241.88
No. Analysts -----16168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.3B 2.9B 3.5B
Avg 2.2B 2.7B 3.2B
Low 2.1B 2.4B 2.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
28.3%
31.0%
28.9%
Avg
21.7%
21.2%
18.1%
Low
15.6%
8.3%
9.5%

EPS Forecast

EPS 20242025202620272028
High 15.53 19.95 25.07
Avg 14.27 17.85 22.34
Low 13.45 15.45 19.60

EPS Growth

EPS Growth 20242025202620272028
High
77.3%
39.8%
40.5%
Avg
62.9%
25.1%
25.2%
Low
53.5%
8.3%
9.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.