Monolithic Power Systems, Inc. (MPWR)

NASDAQ: MPWR · IEX Real-Time Price · USD
660.34
+18.13 (2.82%)
At close: Apr 25, 2024, 4:00 PM
662.33
+1.99 (0.30%)
Pre-market: Apr 26, 2024, 8:44 AM EDT
2.82%
Market Cap 32.13B
Revenue (ttm) 1.82B
Net Income (ttm) 427.37M
Shares Out 48.66M
EPS (ttm) 8.76
PE Ratio 75.38
Forward PE 50.26
Dividend $5.00 (0.76%)
Ex-Dividend Date Mar 27, 2024
Volume 435,431
Open 638.33
Previous Close 642.21
Day's Range 635.63 - 667.06
52-Week Range 383.19 - 778.15
Beta 1.22
Analysts Strong Buy
Price Target 672.56 (+1.85%)
Earnings Date May 1, 2024

About 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... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Nov 19, 2004
Employees 3,564
Stock Exchange NASDAQ
Ticker Symbol MPWR
Full Company Profile

Financial Performance

In 2023, MPWR's revenue was $1.82 billion, an increase of 1.50% compared to the previous year's $1.79 billion. Earnings were $427.37 million, a decrease of -2.35%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MPWR stock is "Strong Buy." The 12-month stock price forecast is $672.56, which is an increase of 1.85% from the latest price.

Price Target
$672.56
(1.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Monolithic Power Systems to Report First Quarter 2024 Results on May 1, 2024

KIRKLAND, Wash., April 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics ...

10 days ago - GlobeNewsWire

Jim Cramer lists his top 10 stocks that have jumped this week

'Mad Money' host Jim Cramer looks at the stocks that have jumped this week as the bull market continues to run.

2 months ago - CNBC Television

Monolithic Power Stock Is Soaring. Analysts Like AI Exposure, ‘Superior Growth.

Chip firm Monolithic Power's strong earnings and guidance found a welcome reception on Wall Street.

2 months ago - Barrons

AI drives broad gains in chips

CNBC's Kristina Partsinevelos joins ‘Halftime Report' to discuss the latest news on AI driving broad gains in the semiconductor sector.

Other symbols: ANETARMNVDASMHSNPSTSM
2 months ago - CNBC Television

Monolithic Power rides on the AI wave, projects strong first quarter

Monolithic Power Systems forecast current-quarter revenue above estimates as demand for its power control modules and other hardware used in artificial intelligence applications grew.

2 months ago - Reuters

MPS Acquires Axign B.V., an Innovative Digital Signal Processor Company

KIRKLAND, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, today announced the acquisition of Axign ...

2 months ago - GlobeNewsWire

Monolithic Power Systems Announces Results for the Fourth Quarter and Year Ended December 31, 2023 and an Increase in Quarterly Cash Dividend

KIRKLAND, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics...

2 months ago - GlobeNewsWire

Here's the earnings outlook for semiconductor stocks

CNBC's Deirdre Bosa reports on what to expect from semiconductor earnings.

Other symbols: AMDANETAVGOMRVL
2 months ago - CNBC Television

Monolithic Power Systems to Report Fourth Quarter and Full Year Results on February 7, 2024

KIRKLAND, Wash., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics s...

3 months ago - GlobeNewsWire

Nvidia and 3 Other Chip Stocks Are the Best to Play AI, Analyst Says

Oppenheimer analyst Rick Schafer says Nvidia, Marvell, Monolithic, and Broadcom are the “top 2024 picks” to play artificial intelligence.

Other symbols: NVDAAVGOMRVL
3 months ago - Barrons

These 20 stocks soared the most in 2023

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

4 months ago - Market Watch

Monolithic Power Systems Announces Fourth Quarter 2023 Dividend

KIRKLAND, Wash., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, anno...

4 months ago - GlobeNewsWire

Monolithic Power Systems Announces $640 Million Stock Repurchase Program

KIRKLAND, Wash., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based ...

6 months ago - GlobeNewsWire

Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2023

KIRKLAND, Wash., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based ...

6 months ago - GlobeNewsWire

Monolithic Power Systems to Report Third Quarter Results on October 30, 2023

KIRKLAND, Wash., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based po...

7 months ago - GlobeNewsWire

4 Chip Stocks to Consider for Semiconductor Earnings Season

Nvidia stock is one of Oppenheimer's top four artificial-intelligence chip picks heading into earnings season.

Other symbols: AVGOMRVLNVDA
7 months ago - Barrons

2 Best Chip Stocks to Buy on Soaring AI Demand

Truist's William Stein reaffirmed his Buy ratings for Nvidia and Monolithic Power Systems and his price targets for both stocks.

Other symbols: NVDA
7 months ago - Barrons

Monolithic Power Systems Announces Third Quarter Dividend

KIRKLAND, Wash., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based power e...

7 months ago - GlobeNewsWire

These 10 stocks have the most exposure to China's 'stalling' economy, BofA warns

China's "stalling" economy is putting some US companies at risk, according to Bank of America. High rates of youth unemployment and recent property defaults have put pressure on the Chinese economy.

8 months ago - Business Insider

China's Woes Linger. These Stocks Have Exposure.

A slowdown in the world's second-largest economy could ripple through the U.S. tech sector.

9 months ago - Barrons

These 4 stocks also led tech's last 7-month winning streak 9 years ago

Artificial intelligence has been widely credited with 2023's seven-month long technology stock rally, which is showing few signs of slowing down as Nvidia Corp. shares have more than tripled over that...

Other symbols: AVGOLRCXPANW
9 months ago - Market Watch

Monolithic's stock slips as outlook overshadows earnings beat

Monolithic Power Systems Inc. MPWR, +2.56% shares fell in the extended session Monday after the computer power system maker's in-line forecast took away from its earnings beat. Monolithic shares fell ...

9 months ago - Market Watch

Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2023

KIRKLAND, Wash., July 31, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based ...

9 months ago - GlobeNewsWire

Monolithic Power Systems (MPWR): A Modestly Undervalued Gem in the Semiconductor Industry

On July 25, 2023, Monolithic Power Systems Inc ( MPWR , Financial) reported a 3.96% gain, with the stock price reaching $554.35. With a market cap of $26.3 billion and an Earnings Per Share (EPS) of $...

9 months ago - GuruFocus

These 13 S&P 500 stocks stand out for expected growth through 2025

As the 2023 stock-market rally continues, this is a good time to look further ahead to see which companies are expected to show the highest growth rates through 2025.

10 months ago - Market Watch