Monolithic Power Systems, Inc. (MPWR)
NASDAQ: MPWR · IEX Real-Time Price · USD
828.75
+9.35 (1.14%)
At close: Jul 2, 2024, 4:00 PM
835.00
+6.25 (0.75%)
After-hours: Jul 2, 2024, 7:50 PM EDT
Monolithic Power Systems Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for MPWR stock have an average target of 761.75, with a low estimate of 570 and a high estimate of 900. The average target predicts a decrease of -8.08% from the current stock price of 828.75.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MPWR stock from 9 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 6 | 6 | 6 | 5 | 5 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $750 → $900 | Buy | Maintains | $750 → $900 | +8.60% | Jun 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $800 | Strong Buy | Reiterates | $800 | -3.47% | May 2, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $715 → $725 | Buy | Maintains | $715 → $725 | -12.52% | May 2, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $789 → $799 | Strong Buy | Maintains | $789 → $799 | -3.59% | May 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $830 → $850 | Buy | Maintains | $830 → $850 | +2.56% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
2.11B
from 1.82B
Increased by 15.70%
Revenue Next Year
2.55B
from 2.11B
Increased by 20.93%
EPS This Year
13.51
from 8.76
Increased by 54.26%
EPS Next Year
17.06
from 13.51
Increased by 26.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.8B | 3.3B | 3.8B | 4.3B |
| Avg | 2.1B | 2.5B | 3.0B | 3.7B | 4.2B |
| Low | 2.0B | 2.3B | 2.7B | 3.6B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.4% | 32.8% | 28.3% | 28.9% | 15.6% |
| Avg | 15.7% | 20.9% | 15.8% | 25.3% | 12.3% |
| Low | 8.4% | 7.9% | 5.8% | 20.4% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.85 | 19.16 | 23.31 | 27.41 | 30.75 |
| Avg | 13.51 | 17.06 | 20.25 | 26.62 | 29.88 |
| Low | 12.74 | 14.39 | 17.54 | 25.58 | 28.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 69.6% | 41.8% | 36.6% | 35.3% | 15.5% |
| Avg | 54.3% | 26.3% | 18.7% | 31.5% | 12.2% |
| Low | 45.4% | 6.5% | 2.8% | 26.3% | 7.8% |
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.