Monolithic Power Systems, Inc. (MPWR)
NASDAQ: MPWR · IEX Real-Time Price · USD
600.63
+9.11 (1.54%)
Apr 22, 2024, 4:00 PM EDT - Market closed

Monolithic Power Systems Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for MPWR stock have an average target of 672.56, with a low estimate of 483 and a high estimate of 850. The average target predicts an increase of 11.98% from the current stock price of 600.63.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $483 $672.56 $700 $850
Change -19.58% +11.98% +16.54% +41.52%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 444444
Buy 666665
Hold 111111
Sell 000000
Strong Sell 000000
Total 111111111110

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Buy
Maintains
$830$850
Buy Maintains $830$850 +41.52% Apr 8, 2024
Needham
Needham
Strong Buy
Maintains
$500$800
Strong Buy Maintains $500$800 +33.19% Feb 8, 2024
Keybanc
Keybanc
Buy
Maintains
$600$830
Buy Maintains $600$830 +38.19% Feb 8, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$600$700
Buy Maintains $600$700 +16.54% Feb 2, 2024
Stifel
Stifel
Strong Buy
Maintains
$600$700
Strong Buy Maintains $600$700 +16.54% Jan 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.08B
from 1.82B
Increased by 14.11%
Revenue Next Year
2.50B
from 2.08B
Increased by 20.21%
EPS This Year
13.06
from 8.76
Increased by 49.06%
EPS Next Year
16.61
from 13.06
Increased by 27.19%
Year 2019202020212022202320242025202620272028
Revenue
627.92M844.45M1.21B1.79B1.82B2.08B2.50B2.87B3.27B3.67B
Revenue Growth
7.82%34.48%43.03%48.55%1.50%14.11%20.21%14.81%13.91%12.30%
EPS
2.383.505.059.058.7613.0616.6119.0121.3524.27
EPS Growth
0.85%47.06%44.29%79.21%-3.20%49.06%27.19%14.47%12.29%13.66%
No. Analysts -----1616533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.2B 2.8B 3.1B 3.4B 3.8B
Avg 2.1B 2.5B 2.9B 3.3B 3.7B
Low 1.9B 2.2B 2.6B 3.1B 3.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
23.4%
33.2%
24.1%
17.3%
15.6%
Avg
14.1%
20.2%
14.8%
13.9%
12.3%
Low
6.8%
7.3%
4.0%
9.4%
7.9%

EPS Forecast

EPS 20242025202620272028
High 14.70 19.17 20.81 21.98 24.98
Avg 13.06 16.61 19.01 21.35 24.27
Low 11.81 13.94 17.34 20.51 23.31

EPS Growth

EPS Growth 20242025202620272028
High
67.8%
46.8%
25.3%
15.6%
17.0%
Avg
49.1%
27.2%
14.5%
12.3%
13.7%
Low
34.8%
6.7%
4.4%
7.9%
9.2%
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.