Monolithic Power Systems, Inc. (MPWR)
NASDAQ: MPWR · Real-Time Price · USD
593.22
+4.07 (0.69%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 41.66% from the current stock price of 593.22.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 22, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 6 | 6 | 5 | 6 | 6 |
| Buy | 3 | 4 | 4 | 4 | 3 | 3 |
| Hold | 0 | 0 | 0 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 10 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Initiates $610 | Hold | Initiates | $610 | +2.83% | Nov 22, 2024 |
| Needham | Needham | Strong Buy Maintains $950 → $600 | Strong Buy | Maintains | $950 → $600 | +1.14% | Nov 22, 2024 |
| Keybanc | Keybanc | Buy Maintains $1,075 → $700 | Buy | Maintains | $1,075 → $700 | +18.00% | Nov 18, 2024 |
| Loop Capital | Loop Capital | Hold → Strong Buy Upgrades $660 | Hold → Strong Buy | Upgrades | $660 | +11.26% | Nov 18, 2024 |
| Needham | Needham | Strong Buy Reiterates $950 | Strong Buy | Reiterates | $950 | +60.14% | Nov 12, 2024 |
Financial Forecast
Revenue This Year
2.24B
from 1.82B
Increased by 22.84%
Revenue Next Year
2.61B
from 2.24B
Increased by 16.76%
EPS This Year
14.34
from 8.76
Increased by 63.74%
EPS Next Year
16.81
from 14.34
Increased by 17.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.3B | 2.8B | 3.4B | |||
| Avg | 2.2B | 2.6B | 3.1B | |||
| Low | 2.1B | 2.3B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 26.7% | 25.2% | 28.9% | |||
| Avg | 22.8% | 16.8% | 18.8% | |||
| Low | 16.5% | 1.9% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 15.27 | 18.47 | 24.07 | |||
| Avg | 14.34 | 16.81 | 21.21 | |||
| Low | 13.53 | 13.76 | 16.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 74.3% | 28.8% | 43.2% | |||
| Avg | 63.7% | 17.2% | 26.2% | |||
| Low | 54.4% | -4.0% | -0.9% |
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.