On Nov 01, major Wall Street analysts update their ratings for $Monolithic Power Systems (MPWR.US)$, with price targets ranging from $950 to $1,100.
TD Cowen analyst Joshua Buchalter maintains with a buy rating, and maintains the target price at $975.
Needham analyst Quinn Bolton maintains with a buy rating, and adjusts the target price from $1,000 to $950.
Stifel analyst Tore Svanberg maintains with a buy rating, and maintains the target price at $1,100.
KeyBanc analyst John Vinh maintains with a buy rating.
Truist Financial analyst William Stein maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Monolithic Power Systems (MPWR.US)$'s main analysts recently are as follows:
Monolithic Power's recent financial results surpassed expectations, yet the Enterprise Data segment fell short of estimates owing to a major customer adjusting its inventory levels and another deferring orders. The stock is anticipated to stabilize its recent gains as the Enterprise Data segment's growth is expected to plateau from the second quarter of 2024 through the first quarter of 2025. However, it is projected that the stock will pick up momentum again once the revenue from Enterprise Data begins to increase.
Despite Monolithic Power's robust top-line outcomes, there was a notable shortfall in the company's most crucial business segment. The focal point of interest will be the underperforming enterprise data division, as it becomes evident that the high-average selling price core-power segment for AI servers is more inconsistent than previously recognized.
Here are the latest investment ratings and price targets for $Monolithic Power Systems (MPWR.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
