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Valued at a market cap of $34.2 billion, Monolithic Power Systems, Inc. (MPWR) designs, develops, markets, and sells semiconductor-based power electronics solutions. The Kirkland, Washington-based company serves the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. It is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Thursday, Jul. 31.
Ahead of this event, analysts expect this semiconductor company to report a profit of $3.06 per share, up 46.4% from $2.09 per share in the year-ago quarter. The company has missed Wall Street’s earnings estimates in three of the last four quarters, while surpassing on another occasion. In Q1, MPWR’s EPS of $4.04 outpaced the forecasted figure by 1%.
For fiscal 2025, analysts expect MPWR to report a profit of $12.98 per share, representing a 21.5% increase from $10.68 per share in fiscal 2024. Furthermore, its EPS is expected to grow 20.6% year-over-year to $15.65 in fiscal 2026.
Shares of MPWR have declined 12.7% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 12.7% uptick and the Technology Select Sector SPDR Fund’s (XLK) 16.4% return over the same time frame.
On May 1, MPWR delivered better-than-expected Q1 results, prompting its share price to rise 5.9% in the following trading session. The company’s revenue improved 39.2% year-over-year to $637.6 million, topping Wall Street estimates by a slight margin. Moreover, its adjusted EPS of $4.04 grew 43.8% from the year-ago quarter, surpassing the consensus estimate by 1%. Additionally, for Q2, MPWR expects revenue in the range of $640 million to $660 million.
Wall Street analysts are highly optimistic about MPWR’s stock, with an overall "Strong Buy" rating. Among 14 analysts covering the stock, nine recommend "Strong Buy," two indicate "Moderate Buy," and three suggest "Hold.” The mean price target for MPWR is $796.92, indicating an 11.7% potential upside from the current levels.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
