Monolithic Power Systems, Inc.’s Stock Price Soars to $580.75, Registering a Robust 8.15% Increase

Monolithic Power Systems, Inc. (MPWR)

580.75 USD +43.78 (+8.15%) Volume: 1.05M

Monolithic Power Systems, Inc.’s stock price sees a robust surge to 580.75 USD, marking an impressive +8.15% leap in this trading session on a volume of 1.05M, despite a slight YTD decline of -1.85%. A dynamic performance by MPWR, illustrating its potential as a viable investment option.

Latest developments on Monolithic Power Systems, Inc.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) saw its stock outperform competitors on a strong trading day. Despite Rosenblatt adjusting the price target to $644 from $750 and maintaining a neutral rating, BI Asset Management Fondsmaeglerselskab A S raised its stock holdings in the company. Meanwhile, Ostrum Asset Management sold some shares, while Tower Research Capital LLC TRC bought shares. Other investors, such as Marshall Wace LLP, Mariner LLC, GKV Capital Management Co. Inc., Mirova, Stifel Nicolaus, Guggenheim Capital LLC, Mirabella Financial Services LLP, Kayne Anderson Rudnick Investment Management LLC, and Canada Post Corp Registered Pension Plan, also made moves in the stock. Overall, Monolithic Power Systems, Inc. received an average rating of “Moderate Buy” from brokerages, indicating positive sentiment in the market.

Monolithic Power Systems, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are bullish on Monolithic Power Systems, Inc. According to their research reports, Monolithic Power Systems (MPS) has shown strong performance, with revenue reaching $2.2 billion for the entire year, reflecting a 21% increase from the previous year. In the fourth quarter of 2024, MPS achieved a record revenue of $621.7 million, a 37% improvement over the same period in 2023. This consistent growth trajectory has impressed analysts, who are optimistic about the company’s future prospects.

Baptista Research‘s insights highlight the expansion and diversification efforts of Monolithic Power Systems (MPS), driving their ‘Buy’ rating on the company. The recent performance of MPS in the third quarter of 2024 showcased significant revenue growth and diversification across its product portfolio. With a record quarterly revenue of $620.1 million, marking a 22% increase from the previous quarter and a 30% growth year-over-year, MPS’s market strategy diversity is proving to be successful. Analysts are particularly encouraged by the beneficial revenue streams from past design wins, indicating a positive outlook for Monolithic Power Systems, Inc.

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 has received positive scores across the board on the Smartkarma Smart Scores, indicating a promising long-term outlook. With a high Growth score of 5, the company is expected to see strong expansion and development in the future. Additionally, Monolithic Power Systems, Inc has scored well in Resilience and Momentum, suggesting stability and positive market performance.

While the Value score is lower at 2, the company’s overall outlook remains positive due to its strong performance in other areas. Monolithic Power Systems, Inc specializes in providing efficient power solutions for a variety of industries, positioning it well for continued growth and success in the 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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma