Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for computing and storage, automotive, industrial, communications, and consumer applications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. The company also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.
IPO Year: 2004
Exchange: NASDAQ
Website: monolithicpower.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/11/2024 | $700.00 | Buy | Citigroup |
11/22/2024 | $610.00 | Equal Weight | Wells Fargo |
11/18/2024 | $660.00 | Hold → Buy | Loop Capital |
11/12/2024 | $660.00 | Hold | Loop Capital |
10/31/2024 | $880.00 | Buy → Neutral | Rosenblatt |
10/31/2024 | $1100.00 → $975.00 | Buy | TD Cowen |
8/21/2024 | $925.00 → $1100.00 | Buy | TD Cowen |
2/8/2024 | $650.00 → $800.00 | Outperform | TD Cowen |
12/26/2023 | $550.00 → $750.00 | Buy | Rosenblatt |
7/20/2023 | Peer Perform | Wolfe Research |
KIRKLAND, Wash., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the fourth quarter and year ended December 31, 2024. MPS will report its results after the market closes on Thursday, February 6th. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the fourth quarter and year ended December 31, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, whic
KIRKLAND, Wash., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its fourth quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on December 31, 2024. The dividend will be paid on January 15, 2025. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections abou
KIRKLAND, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended September 30, 2024. The financial results for the quarter ended September 30, 2024 were as follows: Revenue was $620.1 million for the quarter ended September 30, 2024, a 22.2% increase from $507.4 million for the quarter ended June 30, 2024 and a 30.6% increase from $474.9 million for the quarter ended September 30, 2023.GAAP gross margin was 55.4% for the quarter ended September 30, 2024, compared with 55.5% for the quarter
KIRKLAND, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on October 30, 2024 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/99356457350. Q3 2024 Financial Summary (Unaudited) GAAP Q3'24 Q2'24 Q3'23 QoQ Change YoY ChangeRevenue ($k) $620,119 $507,431 $474,867 Up 22.2% Up 30.6%Gross Margin 55.4% 55.3% 55.5% Up 0.1 pts Down 0.1 ptsOpex ($k) $179,415 $164,042 $127,975 Up 9.4% Up 40.2%Operating Margin 26.5% 23.0% 28.5% Up 3.5 pts Down 2.0 ptsNet income ($k) $144,430 $100,366 $121,163 Up 43.9% Up 19.2%
KIRKLAND, Wash., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the third quarter ended September 30, 2024. MPS will report its results after the market closes on Wednesday, October 30th. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the third quarter ended September 30, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed
KIRKLAND, Wash., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its third quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on September 30, 2024. The dividend will be paid on October 15, 2024. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections
KIRKLAND, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on August 1, 2024 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/97644523160. Q2 2024 Financial Summary(Unaudited) GAAP Q2'24 Q1'24 Q2'23 QoQ ChangeYoY ChangeRevenue ($k) $507,431 $457,885 $441,128 Up 10.8%Up 15.0%Gross Margin 55.3% 55.1% 56.1%Up 0.2 ptsDown 0.8 ptsOpex ($k) $164,042 $156,954 $135,350 Up 4.5%Up 21.2%Operating Margin 23.0% 20.9% 25.5%Up 2.1 ptsDown 2.5 ptsNet income ($k) $100,366 $92,541 $99,504 Up 8.5%Up 0.9%Diluted EPS $
KIRKLAND, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended June 30, 2024. The financial results for the quarter ended June 30, 2024 were as follows: Revenue was $507.4 million for the quarter ended June 30, 2024, a 10.8% increase from $457.9 million for the quarter ended March 31, 2024 and a 15.0% increase from $441.1 million for the quarter ended June 30, 2023.GAAP gross margin was 55.3% for the quarter ended June 30, 2024, compared with 56.1% for the quarter ended June 30, 2023.Non
KIRKLAND, Wash., July 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the second quarter ended June 30, 2024. MPS will report its results after the market closes on Thursday, August 1st. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the second quarter ended June 30, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://
KIRKLAND, Wash., June 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on June 28, 2024. The dividend will be paid on July 15, 2024. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our bu
Citigroup initiated coverage of Monolithic Power with a rating of Buy and set a new price target of $700.00
Wells Fargo initiated coverage of Monolithic Power with a rating of Equal Weight and set a new price target of $610.00
Loop Capital upgraded Monolithic Power from Hold to Buy and set a new price target of $660.00
Loop Capital initiated coverage of Monolithic Power with a rating of Hold and set a new price target of $660.00
Rosenblatt downgraded Monolithic Power from Buy to Neutral and set a new price target of $880.00
TD Cowen reiterated coverage of Monolithic Power with a rating of Buy and set a new price target of $975.00 from $1,100.00 previously
TD Cowen reiterated coverage of Monolithic Power with a rating of Buy and set a new price target of $1,100.00 from $925.00 previously
TD Cowen reiterated coverage of Monolithic Power with a rating of Outperform and set a new price target of $800.00 from $650.00 previously
Rosenblatt reiterated coverage of Monolithic Power with a rating of Buy and set a new price target of $750.00 from $550.00 previously
Wolfe Research initiated coverage of Monolithic Power with a rating of Peer Perform
KIRKLAND, Wash., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the fourth quarter and year ended December 31, 2024. MPS will report its results after the market closes on Thursday, February 6th. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the fourth quarter and year ended December 31, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, whic
KIRKLAND, Wash., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its fourth quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on December 31, 2024. The dividend will be paid on January 15, 2025. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections abou
KIRKLAND, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended September 30, 2024. The financial results for the quarter ended September 30, 2024 were as follows: Revenue was $620.1 million for the quarter ended September 30, 2024, a 22.2% increase from $507.4 million for the quarter ended June 30, 2024 and a 30.6% increase from $474.9 million for the quarter ended September 30, 2023.GAAP gross margin was 55.4% for the quarter ended September 30, 2024, compared with 55.5% for the quarter
KIRKLAND, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on October 30, 2024 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/99356457350. Q3 2024 Financial Summary (Unaudited) GAAP Q3'24 Q2'24 Q3'23 QoQ Change YoY ChangeRevenue ($k) $620,119 $507,431 $474,867 Up 22.2% Up 30.6%Gross Margin 55.4% 55.3% 55.5% Up 0.1 pts Down 0.1 ptsOpex ($k) $179,415 $164,042 $127,975 Up 9.4% Up 40.2%Operating Margin 26.5% 23.0% 28.5% Up 3.5 pts Down 2.0 ptsNet income ($k) $144,430 $100,366 $121,163 Up 43.9% Up 19.2%
KIRKLAND, Wash., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the third quarter ended September 30, 2024. MPS will report its results after the market closes on Wednesday, October 30th. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the third quarter ended September 30, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed
KIRKLAND, Wash., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its third quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on September 30, 2024. The dividend will be paid on October 15, 2024. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections
KIRKLAND, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on August 1, 2024 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/97644523160. Q2 2024 Financial Summary(Unaudited) GAAP Q2'24 Q1'24 Q2'23 QoQ ChangeYoY ChangeRevenue ($k) $507,431 $457,885 $441,128 Up 10.8%Up 15.0%Gross Margin 55.3% 55.1% 56.1%Up 0.2 ptsDown 0.8 ptsOpex ($k) $164,042 $156,954 $135,350 Up 4.5%Up 21.2%Operating Margin 23.0% 20.9% 25.5%Up 2.1 ptsDown 2.5 ptsNet income ($k) $100,366 $92,541 $99,504 Up 8.5%Up 0.9%Diluted EPS $
KIRKLAND, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended June 30, 2024. The financial results for the quarter ended June 30, 2024 were as follows: Revenue was $507.4 million for the quarter ended June 30, 2024, a 10.8% increase from $457.9 million for the quarter ended March 31, 2024 and a 15.0% increase from $441.1 million for the quarter ended June 30, 2023.GAAP gross margin was 55.3% for the quarter ended June 30, 2024, compared with 56.1% for the quarter ended June 30, 2023.Non
KIRKLAND, Wash., July 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the second quarter ended June 30, 2024. MPS will report its results after the market closes on Thursday, August 1st. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the second quarter ended June 30, 2024. MPS will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://
KIRKLAND, Wash., June 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on June 28, 2024. The dividend will be paid on July 15, 2024. Safe Harbor Statement This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our bu
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KIRKLAND, Wash., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based power electronic solutions, announced the appointment of Eileen Wynne to its Board of Directors (the "Board") on February 7, 2023. "We are pleased to have Eileen join our Board," said Michael Hsing, Chairman of the Board. "She embodies our commitment to an experienced, creative and diverse leadership team." "I am honored to be invited to join the Board of MPS, one of the fastest growing companies in the analog semiconductor industry," said Eileen Wynne. Eileen Wynne, 56, has served as interi
KIRKLAND, Wash., May 27, 2021 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced the appointment of Carintia Martinez to its Board of Directors, effective immediately. "We are pleased to have Carintia join our Board," said Michael Hsing, Chairman of the Board of Directors. "She embodies our commitment to an experienced, creative and diverse leadership team." "I am excited to join the Board of MPS, one of the fastest growing companies in the analog semiconductor industry," said Carintia Martinez. Carintia Martinez, 55, has served as Vice President,