Monolithic Power Systems, Inc. (MPWR) Stock Analysis 2026

TechnologySemiconductors — Analog Power Management
$1249.20
as of 2026-10-15
+45.3% (52-week)50D MA $1347.58  |  200D MA $1244.64

BriMind AI Score

Proprietary
76
Strong
Price CAGR
34.5%
1Y Return
+53.3%
Analyst Upside
+32.9%
Rev Growth
47.6%

Score based on historical price CAGR, revenue growth, analyst upside, and valuation factors. Updated daily.

AI scores and price targets are for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. Past performance is not indicative of future results. Always conduct your own research before making investment decisions. Full Disclaimer →

About Monolithic Power Systems, Inc.

Monolithic Power Systems designs analog and mixed-signal power management semiconductors that convert and regulate electrical power inside electronic systems. Its differentiation comes from integrating power components that competitors keep separate onto a single chip, producing smaller, more efficient solutions. End markets span data center and computing, automotive, industrial, communications, and consumer devices.

How Monolithic Power Systems Makes Money

MPS sells power management integrated circuits and modules, increasingly as complete power solutions rather than individual components, which raises the dollar content per system and the engineering barrier to substitution. Its proprietary process technology enables integration that yields both performance advantages and structurally strong gross margins. Growth comes from design wins across diversified end markets and from rising power content in each.

Monolithic Power Systems Revenue & Profitability Breakdown

This chart shows how Monolithic Power Systems's revenue flows through to profit. Each row deducts a layer of costs: first the direct cost of making products/services (Cost of Revenue), then operating expenses like marketing and R&D, then taxes. What remains at the bottom is net income — the actual profit shareholders own. High gross and net margins indicate a business with strong pricing power and efficiency.

Revenue
$3.27B
Cost of Revenue
-$1.47B
Gross Profit
$1.81B55.2% margin
Operating Expenses
-$792.3M
Operating Income
$1.01B31.0% margin
Tax & Other
-$212.4M
Net Income
$802.0M24.5% margin
Gross Margin
55.2%
Operating Margin
31.0%
Net Margin
24.5%
EBITDA Margin
27.3%

Key Financial Metrics

Monolithic Power Systems, Inc. trades at a trailing P/E of 76.93x, generates $444.3M in free cash flow, runs a debt/equity ratio of 0.49, and converts shareholder equity into profit at a 22.0% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

Market Cap
$61.74B
Enterprise Value
$31.89B
P/E (Trailing)
76.93
P/E (Forward)
36.10
PEG Ratio
1.25
EV / EBITDA
48.89
Price / Sales
13.78
Price / Book
10.07
Revenue
$3.27B
Revenue Growth
47.6%
Earnings Growth
85.8%
EBITDA
$652.3M
Gross Margin
55.2%
Operating Margin
31.0%
Net Margin
24.5%
Return on Equity
22.0%
Return on Assets
13.6%
Free Cash Flow
$444.3M
Total Cash
$1.03B
Total Debt
$17.8M
Debt / Equity
0.49
Current Ratio
4.97
Quick Ratio
3.53
Beta
1.69
Dividend Yield
0.6%
Payout Ratio
43.4%
Insider Ownership
3.6%
Inst. Ownership
100.6%
Short % Float
5.0%
Book Value / Share
$79.27

Wall Street Analyst Consensus

14 analysts covering Monolithic Power Systems, Inc. currently lean toward a Buy rating, with a mean 12-month price target of $1842.64 (+47.5% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.

Consensus RatingBuy(14 analysts)
SellStrong Buy
Low Target$644.00-48.4%
Mean Target$1842.64+47.5% upside
High Target$899.00+-28.0%

Intrinsic Value Estimates for MPWR

We use 1 valuation model to estimate MPWR's intrinsic value. Intrinsic value is what a stock is truly worth based on the company's fundamentals, independent of what the market prices it at today. If multiple models agree the stock is undervalued, that convergence is a stronger signal.

Technical Price Signals

MPWR is currently in a short-term downtrend, trading below its 50-day average of $1347.58 and above its 200-day average of $1244.64. Moving averages smooth out day-to-day volatility to reveal the underlying trend — a Golden Cross (50MA crosses above 200MA) is a classic bullish signal, a Death Cross is bearish, though both are lagging indicators that confirm trends rather than predict them.

Current Price
$1249.20
50-Day MA
$1347.58
▼ Price below
200-Day MA
$1244.64
▲ Price above
Short-term Downtrend
Below 50-day MA — caution

MPWR Investment Case: Bull vs Bear

MPWR's investment case breaks down into 4 bull points and 4 bear points below. The bull case outlines the key reasons the stock could outperform — competitive advantages, growth catalysts, and market tailwinds. The bear case highlights the most significant risks. A strong bull case with manageable bear risks typically makes for a more compelling investment.

Bull Case (Reasons to Buy)

  • AI accelerators require enormous and precisely regulated power delivery, dramatically raising power content per server.
  • Proprietary process technology enables integration competitors struggle to match, supporting consistently high gross margins.
  • Genuine end-market diversification across data center, automotive, industrial, and consumer reduces dependence on any single cycle.
  • Automotive electrification raises power semiconductor content per vehicle substantially.

Bear Case (Key Risks)

  • Valuation carries a premium multiple that assumes continued high growth and margin durability.
  • Data center power delivery attracts intense competition from large analog incumbents targeting the same AI opportunity.
  • Automotive and industrial end markets have gone through inventory corrections that suppress orders.
  • Loss of position at a major AI platform would remove a large and visible growth driver.

What to Watch: MPWR Key Metrics

Revenue growth by end market
Gross margin
Operating margin
Inventory and channel levels
Data center design win commentary

MPWR Stock — Frequently Asked Questions

Read the full MPWR in-depth report
Seven-method valuation, AI Score, blended price target, and a 5-year Monte Carlo simulation for Monolithic Power Systems, Inc..

Compare MPWR with Peers

NXPI vs MPWRNXP Semiconductors vs Monolithic Power Systems — Auto C
MPWR vs MCHPMonolithic Power Systems vs Microchip Technology — Powe
MPWR vs SWKSMonolithic Power Systems vs Skyworks Solutions — Power
MPWR vs TERMonolithic Power Systems vs Teradyne — Power Chips vs T
MPWR vs TXNMonolithic Power Systems vs Texas Instruments — Niche P
MPWR vs QCOMMonolithic Power Systems vs Qualcomm — Power ICs vs Mob
MPWR vs ONMonolithic Power Systems vs ON Semiconductor — Power IC
MPWR vs MUMonolithic Power Systems vs Micron Technology — Power I

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Data sources: Financial metrics and market data sourced from company SEC filings, earnings releases, and investor relations disclosures. Price data, analyst consensus targets, and fundamental financials provided by financial market data providers. ETF data sourced from official fund prospectuses and index provider publications. AI scores and price targets are proprietary estimates — see our Methodology and Disclaimer for details.
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