Monolithic Power Systems, Inc. (MPWR)
NASDAQ: MPWR · Real-Time Price · USD
583.49
+11.02 (1.93%)
Nov 22, 2024, 1:54 PM EST - Market open

Monolithic Power Systems Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for MPWR stock have an average target of 840.36, with a low estimate of 600 and a high estimate of 1,100. The average target predicts an increase of 44.02% from the current stock price of 583.49.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $600 $840.36 $900 $1,100
Change +2.83% +44.02% +54.24% +88.52%

Analyst Ratings

The average analyst rating for MPWR stock from 11 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 446656
Buy 434443
Hold 100012
Sell 000000
Strong Sell 000000
Total 9710101011

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Initiates
$610
Hold Initiates $610 +4.54% Nov 22, 2024
Needham
Needham
Strong Buy
Maintains
$950$600
Strong Buy Maintains $950$600 +2.83% Nov 22, 2024
Keybanc
Keybanc
Buy
Maintains
$1,075$700
Buy Maintains $1,075$700 +19.97% Nov 18, 2024
Loop Capital
Loop Capital
Strong Buy
Upgrades
$660
Strong Buy Upgrades $660 +13.11% Nov 18, 2024
Needham
Needham
Strong Buy
Reiterates
$950
Strong Buy Reiterates $950 +62.81% Nov 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.24B
from 1.82B
Increased by 23.00%
Revenue Next Year
2.70B
from 2.24B
Increased by 20.49%
EPS This Year
14.39
from 8.76
Increased by 64.27%
EPS Next Year
17.52
from 14.39
Increased by 21.76%
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
627.92M844.45M1.21B1.79B1.82B2.24B2.70B3.16B
Revenue Growth
7.82%34.48%43.03%48.55%1.50%23.00%20.49%17.23%
EPS
2.383.505.059.058.7614.3917.5221.73
EPS Growth
0.85%47.06%44.29%79.21%-3.20%64.27%21.76%24.05%
Forward PE
-----40.5533.3026.85
No. Analysts -----161610
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.3B 3.0B 3.4B
Avg 2.2B 2.7B 3.2B
Low 2.2B 2.4B 2.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
26.7%
31.7%
24.7%
Avg
23.0%
20.5%
17.2%
Low
18.1%
7.2%
8.9%

EPS Forecast

EPS 20242025202620272028
High 15.27 19.60 24.07
Avg 14.39 17.52 21.73
Low 13.75 15.68 19.36

EPS Growth

EPS Growth 20242025202620272028
High
74.3%
36.2%
37.4%
Avg
64.3%
21.8%
24.0%
Low
57.0%
9.0%
10.5%
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.