MPWR vs ADI Stock Comparison: AI Score, Valuation, Performance and Upside
MPWR and ADI are both high-quality analog IC companies, but MPWR has direct AI server exposure via GPU voltage regulators while ADI's AI exposure is more indirect through industrial automation and edge computing. MPWR's AI data center tailwinds have driven faster recent revenue growth, while ADI is in a cyclical industrial recovery phase following the 2022–2024 correction.
MPWR vs ADI is a choice between a fast-growing AI server power management specialist with premium valuation (MPWR) and a high-performance precision analog compounder in cyclical industrial recovery (ADI) — MPWR has current revenue momentum from AI, while ADI has longer-term diversification and potentially better value after its industrial correction discount.
ADI holds the edge across 3 of 5 key metrics in this comparison. ADI leads on both 1-year return (+50.86%) and forward P/E quality (23.17x vs 36.10x for MPWR), a relatively favorable combination of momentum and valuation. On fundamentals, MPWR is growing revenue faster (47.60%), while ADI maintains the higher operating margin (39.50%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for MPWR (+46.68%) than for ADI (+24.27%).
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- prefer direct AI data center exposure via GPU voltage regulator design wins at hyperscalers
- value consistent above-55% gross margins reflecting strong pricing power in competitive analog markets
- want a diversified power management IC company with AI server as the primary current growth engine
- are comfortable paying a premium growth multiple in exchange for Monolithic's consistent execution track record
- prefer precision analog market leadership in high-performance industrial, defense, and healthcare applications
- value the potential for industrial analog revenue recovery as inventory channels normalize
- want exposure to wireless infrastructure (5G), precision measurement, and edge AI in industrial settings
- are comfortable with near-term cyclical headwinds in industrial automation in exchange for potential mean-reversion upside
| Metric | MPWR | ADI |
|---|---|---|
| AI scorei | 75.8 | 65.0 |
| AI ranki | #20 | #81 |
| Latest closei | $1,217.80 | $375.72 |
| 1M returni | -6.33% | +0.66% |
| 6M returni | +11.45% | +21.03% |
| 1Y returni | +32.69% | +50.86% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | MPWR | ADI |
|---|---|---|
| 1Y ago | $13.27K (+32.7%) started 2025-09-18 | $15.09K (+50.9%) started 2025-09-18 |
| 5Y ago | $26.33K (+163.3%) started 2021-09-20 | $25.18K (+151.8%) started 2021-09-20 |
| 10Y ago | $185.83K (+1758.3%) started 2016-09-19 | $84.64K (+746.4%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | MPWR | ADI |
|---|---|---|
| Market capi | $61.74B | $183.54B |
| Trailing P/Ei | 76.93 | 45.04 |
| Forward P/Ei | 36.10 | 23.17 |
| Price/Salesi | 13.78 | 11.23 |
| EV/Revenuei | 18.43 | 13.71 |
| Analyst targeti | $1,842.64 | $470.72 |
| Target upsidei | +46.68% | +24.27% |
| Metric | MPWR | ADI |
|---|---|---|
| Revenue growthi | 47.60% | 39.60% |
| Earnings growthi | 85.80% | 163.50% |
| EPS growthi | +85.80% | +163.50% |
| FCF margini | +13.57% | +29.88% |
| Operating margini | 30.99% | 39.50% |
| Profit margini | 24.50% | 29.79% |
| ROIC proxyi | 21.98% | 12.23% |
| Return on equityi | 21.98% | 12.23% |
| Dividend yieldi | 0.61% | 1.16% |
| Payout ratioi | 43.44% | 49.64% |
| Dividend growth streaki | No increase yet | No increase yet |
| Betai | 1.69 | 1.21 |
| Debt/equityi | 0.49 | 27.31 |
| Current ratioi | 4.97 | 1.25 |
| Quick ratioi | 3.53 | 0.83 |
Over the past year, MPWR and ADI have moved strongly in the same direction (correlation of 0.74), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | MPWR | ADI |
|---|---|---|---|
| 1Y | Growthi | +32.69% | +50.86% |
| CAGRi | +32.72% | +50.90% | |
| Volatilityi | 53.84% | 36.13% | |
| Sharpe ratioi | 0.71 | 1.20 | |
| Sortino ratioi | 1.03 | 1.79 | |
| Max drawdowni | 32.39% | 20.68% | |
| Current drawdowni | 27.94% | 15.66% | |
| Avg drawdowni | 11.05% | 6.68% | |
| Ulcer Indexi | 14.05% | 9.15% | |
| Max daily dropi | 10.38% | 8.58% | |
| Max wkly dropi | 16.01% | 12.05% | |
| 5Y | Growthi | +156.13% | +136.01% |
| CAGRi | +20.72% | +18.76% | |
| Volatilityi | 55.02% | 34.07% | |
| Sharpe ratioi | 0.54 | 0.54 | |
| Sortino ratioi | 0.79 | 0.81 | |
| Max drawdowni | 51.65% | 32.20% | |
| Current drawdowni | 27.94% | 15.66% | |
| Avg drawdowni | 17.16% | 8.64% | |
| Ulcer Indexi | 21.06% | 10.72% | |
| Max daily dropi | 17.45% | 9.37% | |
| Max wkly dropi | 25.60% | 18.34% | |
| 10Y | Growthi | +1624.04% | +608.49% |
| CAGRi | +32.95% | +21.64% | |
| Volatilityi | 48.08% | 33.19% | |
| Sharpe ratioi | 0.74 | 0.62 | |
| Sortino ratioi | 1.09 | 0.91 | |
| Max drawdowni | 51.65% | 33.62% | |
| Current drawdowni | 27.94% | 15.66% | |
| Avg drawdowni | 11.84% | 7.21% | |
| Ulcer Indexi | 16.30% | 9.44% | |
| Max daily dropi | 20.28% | 16.61% | |
| Max wkly dropi | 25.60% | 18.34% |
| Category | MPWR | ADI |
|---|---|---|
| Company | Monolithic Power Systems, Inc. | Analog Devices, Inc. |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
| Core business | Monolithic Power Systems (MPS) designs high-performance analog and mixed-signal ICs for power management, motor control, and LED lighting. Its fastest-growing segment is AI server power — voltage regulators (VRs) for GPU and CPU power delivery in data centers — where MPS holds strong positions at major hyperscalers. MPS is fabless, highly profitable (gross margins 55–58%), and generates consistent free cash flow across all market cycles. | Analog Devices designs high-performance precision analog, mixed-signal, and DSP ICs for industrial automation, communications, healthcare, and automotive markets. Following the 2021 Maxim Integrated acquisition, ADI became the #2 analog semiconductor company. ADI's differentiation is in precision data converters, RF signal chain, and power management for demanding scientific, defense, and industrial applications where performance is more important than cost. |
| Investor focus | Investors focus on AI/data center VR revenue growth, next-generation GPU platform design-win announcements, automotive power management ramp, and operating margin sustainability as the AI server mix becomes a larger percentage of revenue. | Investors track industrial and automotive revenue recovery from the inventory correction cycle, Maxim cross-sell synergy realization, gross margin sustainability above 60% at full utilization, and ADI's exposure to wireless infrastructure (5G) and industrial automation secular trends. |
- Leading position in GPU voltage regulators for AI servers at hyperscalers with NVIDIA H-series and B-series GPU platforms
- Consistently superior gross margins (55–58%) reflect strong product differentiation in competitive analog IC markets
- Diversified revenue across enterprise compute, automotive, industrial, and consumer reduces single-segment cyclical risk
- Leading market share in precision data converters (ADC/DAC) for industrial, medical, and defense applications with high switching costs
- 5G wireless infrastructure (O-RAN, massive MIMO) is a meaningful revenue driver as global buildout continues
- Maxim acquisition provides power management IC diversification and new industrial interface product lines
- AI server capex spending cycles can cause lumpy VR revenue if hyperscaler GPU deployments pause between generations
- TI and Infineon are competing aggressively for GPU VR sockets with comparable power delivery technologies
- Premium growth valuation (often 40–60x earnings) creates significant multiple compression risk on any growth disappointment
- Industrial automation downturn has been deeper and longer than consensus expected, pressuring revenue and margins through 2024
- Acquisition leverage from Maxim reduces financial flexibility during downturns
- Limited direct AI data center exposure — ADI's AI tailwind is more indirect (industrial AI, edge computing) versus MPWR's direct AI server position
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