Monolithic Power Systems, Inc.’s Stock Price Skyrockets to $689.42, Recording a Stellar 7.98% Increase

Monolithic Power Systems, Inc. (MPWR)

689.42 USD +50.93 (+7.98%) Volume: 1.55M

Monolithic Power Systems, Inc.’s stock price sees a robust performance at 689.42 USD, witnessing a significant trading session surge of +7.98% and a notable trading volume of 1.55M. With a year-to-date percentage change of +16.78%, MPWR’s stock continues to show promising growth in the market.

Latest developments on Monolithic Power Systems, Inc.

Monolithic Power Systems, Inc (NASDAQ:MPWR) has been making headlines recently with its stock trading up 6.7% and announcing its 2025 Investor Day where management will present their strategic vision. Despite being near 52-week lows, MPWR is considered an undervalued chip stock with key semiconductor suppliers poised for growth in diverse markets. Recent investments by Perpetual Ltd and Polianta Ltd have also sparked interest in MPWR, with analysts recommending it as a growth stock to watch for the next 5 years. With a 3-year EBITDA growth rate of 39.40% as of September 2024, MPWR is catching the attention of investors, including billionaire Chris Rokos, who has listed it among his top stock picks. The revolution in semiconductors is underway, and MPWR is positioned to capitalize on this trend, making it a stock to watch in the coming years.

Monolithic Power Systems, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research and Dimitris Ioannidis, are bullish on Monolithic Power Systems, Inc. According to Baptista Research, Monolithic Power Systems recently reported a strong performance in the third quarter of 2024, with significant revenue growth and diversification across its product portfolio. The company achieved a record quarterly revenue of $620.1 million, driven by advancing market strategy diversity and revenue streams from past design wins. Similarly, Dimitris Ioannidis forecasts a positive outlook for Monolithic Power Systems, projecting it as a top candidate for inclusion in the Nasdaq-100 index with a high demand forecast of nearly $2 billion. The company’s expansion into AI and high-power solutions is also seen as a catalyst for growth.

A look at Monolithic Power Systems, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Monolithic Power Systems, Inc, a company specializing in high-performance power solutions, has received a mixed bag of Smart Scores on Smartkarma. While the company scored well in areas such as growth and resilience, with scores of 4 and 5 respectively, it fell short in terms of value and momentum, scoring only 2 in each category. This indicates a positive long-term outlook for the company, especially in terms of its ability to weather market challenges and continue to grow.

With a focus on providing energy-efficient power solutions for a variety of industries, including industrial, telecom, automotive, and consumer applications, Monolithic Power Systems, Inc seems well-positioned for long-term success. While the Smart Scores highlight areas for improvement, such as value and momentum, the company’s strong performance in growth and resilience bodes well for its future prospects in the market.

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