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MPWR $620.31

MPWR target price
620.31
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Monolithic Power Systems, Inc.
Type
Public limited company
Traded as NASDAQ: MPWR
S&P 400 Component
Industry Power semiconductor
Founded 1997
Founder Michael R. Hsing
Headquarters 79 Great Oaks Boulevard, San Jose, California, United States
Key people
Michael R. Hsing (CEO)
Number of employees
1,178
Website www.monolithicpower.com

Monolithic Power Systems, Inc. (NASDAQ: MPWR ) is an integrated power solutions company headquartered in San Jose, California. The company provides small power solutions for systems found in industrial applications, cloud computing, telecom infrastructures, automotive, and consumer applications.

Monolithic Power Systems, Inc. was founded in 1997 by Michael Hsing, who is the current CEO. Prior to the founding of the corporation, Michael worked as a Senior Silicon Technology Developer at several analog integrated circuit companies.

In May 1998, the company launched a single-chip solution for powering CCFL backlighting in Notebook computers. The product substantially reduced the total solution cost and design complexity, as well as significantly improved power conversion.

The company then diversified into DC/DC products, which again reset the industry standard. In November 2004, Michael took the company IPO. Since then, the company has grown to 6 product lines with more than 1000 products.

Monolithic Power Systems is headquartered in San Jose, California and has manufacturing houses in Los Gatos, California and Taipei, Taiwan. It designs, develops, and markets integrated power solutions and power delivery architectures for communications, storage and computing, consumer electronics, industrial, and automotive markets. It markets its products through third party distributors, value-added resellers, and directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers in China, Taiwan, Europe, Korea, Southeast Asia, Japan, the United States.

The company provides digital, analog, and mixed-signal integrated circuits. It offers DC to DC converter ICs that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, set top boxes, displays, automobiles, and medical equipment. The company also provides lighting control ICs for backlighting that are used in systems that provide the light source for LCD panels in notebook computers, LCD monitors, car navigation systems, and LCD televisions. In addition, it offers AC/DC offline solutions for lighting illumination applications and AC/DC power conversion solutions for various end products that plug into a wall outlet. The company also manufactures class D Audio Amplifier products..

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-08-01 3.25 3.25
Q1 2022 2022-05-02 2.45 2.45
Q4 2021 2022-02-10 2.12 2.12
Q3 2021 2021-10-28 2.06 2.06
Q2 2021 2021-07-27 1.81 1.81
Q1 2021 2021-05-04 1.46 1.46
Q4 2020 2021-02-04 1.31 1.31
Q3 2020 2020-10-29 1.69 1.69
Q2 2020 2020-07-28 1.08 1.08

Ratings

2016-06-06 Reiterated Rating Oppenheimer Buy
2016-06-06 Reiterated Rating Oppenheimer Holdings Inc. Buy
2016-05-03 Boost Price Target Deutsche Bank Buy $70.00 to $75.00
2016-05-03 Reiterated Rating Needham & Company LLC Buy
2016-05-03 Boost Price Target Oppenheimer Outperform $70.00 to $80.00
2016-05-03 Boost Price Target Stifel Nicolaus Buy $68.00 to $72.00
2016-05-03 Boost Price Target Deutsche Bank AG Buy $70.00 to $75.00
2016-04-28 Reiterated Rating Oppenheimer Buy
2016-03-16 Reiterated Rating Oppenheimer Outperform
2016-02-24 Reiterated Rating Oppenheimer Outperform $70.00
2016-02-24 Reiterated Rating Needham & Company LLC Buy $68.00
2016-02-14 Reiterated Rating Needham & Company LLC Buy
2016-02-08 Reiterated Rating Needham & Company LLC Buy $68.00
2016-02-05 Boost Price Target Pacific Crest Overweight $65.00 to $80.00
2016-02-05 Boost Price Target Deutsche Bank Buy $64.00 to $70.00
2016-02-03 Reiterated Rating Oppenheimer Buy $70.00
2015-11-13 Boost Price Target Stifel Nicolaus Buy $64.00 to $68.00
2015-10-27 Boost Price Target Raymond James Outperform $55.00 to $64.00
2015-10-27 Reiterated Rating Piper Jaffray Buy $61.00
2015-10-27 Boost Price Target Deutsche Bank Buy $58.00 to $64.00
2015-10-27 Boost Price Target Oppenheimer Outperform $60.00 to $70.00
2015-10-27 Boost Price Target Stifel Nicolaus Buy $62.00 to $64.00
2015-10-27 Reiterated Rating Needham & Company LLC Buy $67.00 to $68.00
2015-10-27 Boost Price Target Raymond James Financial Inc. Outperform $55.00 to $64.00
2015-10-27 Reiterated Rating Piper Jaffray Cos. Buy $61.00
2015-10-15 Reiterated Rating Needham & Company LLC Buy $67.00
2015-09-25 Reiterated Rating Needham & Company LLC Buy $67.00
2015-09-21 Reiterated Rating William Blair Buy
2015-09-16 Reiterated Rating Deutsche Bank Buy $58.00
2015-09-16 Reiterated Rating Oppenheimer Buy
2015-09-14 Initiated Coverage Needham & Company LLC Buy $67.00
2015-09-11 Initiated Coverage Piper Jaffray Overweight $61.00
2015-08-31 Reiterated Rating William Blair Outperform
2015-07-28 Reiterated Rating Oppenheimer Outperform $60.00
2015-07-01 Reiterated Rating Oppenheimer Buy $60.00
2015-06-19 Boost Price Target Stifel Nicolaus Buy $58.00 to $62.00
2015-04-26 Reiterated Rating Oppenheimer Outperform $55.00
2015-04-23 Boost Price Target Pacific Crest Overweight $60.00 to $65.00
2015-04-23 Reiterated Rating Deutsche Bank Buy $60.00 to $55.00
2015-02-05 Boost Price Target Oppenheimer Outperform $53.00 to $55.00
2014-12-04 Boost Price Target Stifel Nicolaus Buy $48.00 to $55.00
2014-10-28 Reiterated Rating Deutsche Bank Buy $47.00
2014-10-14 Lower Price Target Oppenheimer Outperform $50.00 to $45.00
2014-07-25 Reiterated Rating Stifel Nicolaus Buy $47.00 to $48.00
2014-07-25 Reiterated Rating Deutsche Bank Buy $45.00 to $48.00
2014-07-25 Initiated Coverage Evercore ISI Overweight $46.00 to $50.00
2014-06-16 Reiterated Rating Raymond James Outperform $43.00 to $46.00
2014-05-14 Initiated Coverage Oppenheimer Overweight $46.00
2014-05-14 Initiated Coverage Evercore ISI Overweight $46.00
2014-04-25 Reiterated Rating Stifel Nicolaus Buy $44.00 to $45.00
2014-03-12 Boost Price Target Oppenheimer Outperform $38.00 to $41.00
2014-03-11 Boost Price Target Stifel Nicolaus Buy $38.00 to $40.00
2014-02-24 Boost Price Target Oppenheimer Overweight $40.00 to $46.00
2014-02-07 Boost Price Target Pacific Crest $33.00 to $40.00
2014-02-07 Boost Price Target Oppenheimer $36.00 to $38.00
2014-02-07 Boost Price Target Deutsche Bank $35.00 to $36.00
2013-10-25 Reiterated Rating Deutsche Bank Buy $35.00
2013-10-25 Upgrade Oppenheimer Market Perform to Outperform $36.00
2013-10-18 Downgrade Wells Fargo & Co. Outperform to Market Perform
2013-10-18 Downgrade Wells Fargo Outperform to Market Perform
2013-09-30 Reiterated Rating Deutsche Bank Buy $30.00 to $35.00
2013-08-30 Initiated William Blair Outperform
2012-06-08 Upgrade Stifel Nicolaus Hold to Buy $25
2010-07-29 Reiterated Stifel Nicolaus Buy $31 to $27
2016-06-06 Reiterated Rating Oppenheimer Buy
2016-06-06 Reiterated Rating Oppenheimer Holdings Inc. Buy
2016-05-03 Boost Price Target Deutsche Bank Buy $70.00 to $75.00
2016-05-03 Reiterated Rating Needham & Company LLC Buy
2016-05-03 Boost Price Target Oppenheimer Outperform $70.00 to $80.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Hsing Michael CEO 3.16%  (1224789) MPWR /
Moyer James C 1.72%  (666815) MPWR /
Sciammas Maurice Sr. V.P.of Sales and Marketing 1.08%  (419782) MPWR /
Xiao Deming Pres. of MPS Asia Operations 0.86%  (334555) MPWR /
Tseng Saria VP & General Counsel 0.77%  (299940) MPWR / SMCI /
Rao Meera CFO 0.63%  (243534) MPWR /
Blegen Theodore CFO 0.15%  (56436) MPWR /
Lee Victor K 0.07%  (25952) MOSY / MPWR /
SMITH- PILKINGTON KAREN A 0.06%  (22996) MHK / MPWR /
Zhou Jeff 0.05%  (20152) MPWR /
Elmiger Eugen J 0.04%  (16598) MPWR /
CHANG KUO WEI HERBERT 0.03%  (11363) MPWR /