Monolithic Power Systems, Inc.’s Stock Price Drops to $572.71, Experiencing a 4.68% Decrease

Monolithic Power Systems, Inc. (MPWR)

572.71 USD -28.15 (-4.68%) Volume: 0.91M

Monolithic Power Systems, Inc.’s stock price currently stands at 572.71 USD, experiencing a dip of -4.68% in this trading session, with a trading volume of 0.91M. The stock has seen a year-to-date percentage change of -9.21%, reflecting its performance in the market.

Latest developments on Monolithic Power Systems, Inc.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) has seen significant movements in its stock price today, influenced by key events in the market. Fmr LLC and Daiwa Securities Group Inc. have both increased their stakes in the company, while LPL Financial LLC has also added to its position. However, Banco Santander S.A. has sold some shares of Monolithic Power Systems, Inc. Loop Capital’s recent upgrade of the company may have also impacted the stock price. With a low Debt-to-EBITDA ratio of 0.02 as of September 2024, investors are closely watching MPWR’s performance in the market. For those considering investing in Monolithic Power Systems, Inc., the question remains: Buy, Sell, or Hold?

Monolithic Power Systems, Inc. on Smartkarma

Analysts on Smartkarma have been closely monitoring Monolithic Power Systems, Inc (MPS) and have published insightful research reports on the company’s performance. Baptista Research, in their report titled “Expansion in Diversified Markets Driving Our ‘Buy’ Rating! – Major Drivers”, highlighted MPS’s record quarterly revenue of $620.1 million, showing a 22% increase from the previous quarter and a 30% growth year-over-year. The company’s growth trajectory is attributed to its advancing market strategy diversity and revenue streams from past design wins.

Another analyst, Dimitris Ioannidis, shared their forecast for Monolithic Power Systems in the report “Nasdaq-100 December 2024 Forecasts: Monolithic Power & AppLovin It; Dollar Tree Needs Watering”. Ioannidis identified MPS as a top candidate for inclusion in the index, with an average forecasted demand at nearly $2 billion. The report also highlighted the company’s positive prospects compared to other potential candidates for inclusion or exclusion in the index.

A look at Monolithic Power Systems, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Monolithic Power Systems, Inc is positioned for long-term success based on its Smart Scores. With a strong resilience score of 5, the company shows the ability to withstand market fluctuations and challenges. Additionally, a growth score of 4 indicates promising potential for expansion and development in the future. While the value and momentum scores are not as high, the overall outlook for Monolithic Power Systems, Inc appears positive, making it a company to watch in the coming years.

Specializing in high-performance, integrated power solutions, Monolithic Power Systems Inc caters to a variety of industries including industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. With a focus on small, energy-efficient solutions, the company is well-positioned to meet the evolving needs of these sectors. The Smart Scores reflect a solid foundation for long-term success, making Monolithic Power Systems, Inc a key player in the power solutions market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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