Weiss Ratings Reiterates "Hold (C+)" Rating for Monolithic Power Systems (NASDAQ:MPWR)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C+)" rating for Monolithic Power Systems (NASDAQ: MPWR), indicating a cautious approach to the stock.
• Monolithic Power recently reported earnings of $4.21 per share, exceeding estimates, with a year-over-year revenue increase of 31.0%.
• Multiple analysts have raised their price targets for Monolithic Power Systems, with Needham & Company increasing it from $820 to $1,025, reflecting a positive outlook on the stock.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently commented on MPWR. Needham & Company LLC raised their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a report on Monday, September 29th. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. KeyCorp lifted their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an "overweight" rating in a research note on Tuesday, September 30th. Wells Fargo & Company increased their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. Finally, Raymond James Financial reissued an "outperform" rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $880.50.

Monolithic Power Systems Trading Up 3.7%

Shares of NASDAQ:MPWR opened at $980.90 on Wednesday. The stock has a 50 day moving average of $860.23 and a 200 day moving average of $725.26. The company has a market cap of $46.98 billion, a PE ratio of 25.54, a price-to-earnings-growth ratio of 3.52 and a beta of 1.27. Monolithic Power Systems has a 12-month low of $438.86 and a 12-month high of $986.63.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The company's revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts predict that Monolithic Power Systems will post 13.2 earnings per share for the current fiscal year.

Insider Activity at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president owned 121,605 shares of the company's stock, valued at approximately $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carintia Martinez sold 1,400 shares of the firm's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the sale, the director owned 878 shares of the company's stock, valued at $790,200. This trade represents a 61.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,702 shares of company stock worth $53,834,480 in the last ninety days. Corporate insiders own 3.40% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MPWR. Vanguard Group Inc. raised its holdings in shares of Monolithic Power Systems by 0.3% in the second quarter. Vanguard Group Inc. now owns 5,939,946 shares of the semiconductor company's stock worth $4,344,358,000 after buying an additional 19,277 shares during the period. Price T Rowe Associates Inc. MD grew its position in Monolithic Power Systems by 33.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock valued at $1,180,104,000 after acquiring an additional 506,430 shares during the last quarter. Invesco Ltd. increased its stake in Monolithic Power Systems by 7.5% in the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company's stock worth $724,589,000 after purchasing an additional 86,853 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Monolithic Power Systems by 36.1% during the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company's stock worth $626,592,000 after purchasing an additional 227,159 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Monolithic Power Systems by 18.0% during the second quarter. Bank of America Corp DE now owns 692,747 shares of the semiconductor company's stock valued at $506,661,000 after purchasing an additional 105,721 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Company Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

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