Analyst Consensus ?
ConsensusBuy24 ratings
Bullish2291.7%
Neutral28.3%
Bearish00.0%
Monolithic Power Systems, Inc. · MPWR · FY2025 Q1 · Calendar Q2 2025
MPS: Demand broadens as enterprise-data ramps remain timing-sensitive
The supplied analysis provides partial support for a demand-led growth thesis: strength is broadening across several end markets and design-win visibility is improving. The evidence is not conclusive because enterprise-data ramp timing, margin mix, tariffs, and the future contribution of rack power remain unresolved.
Reported Before market openNASDAQTechnology
$59.51B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $4.00
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $633.4M
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+1.4%
Event window
SPY move
+0.7%
Same window
Abnormal move
+0.7%
Stock minus SPY
Volume
0.8×
Versus trailing sessions
Subsequent drift
+10.0%
Up to 20 sessions
MPWRSPY benchmark
Ask FN2 about MPWR FY2025 Q1
Transcript, numbers and history already loaded
What drove MPWR's +1.4% move after FY2025 Q1 earnings?What changed in MPWR's guidance and outlook in FY2025 Q1?Give me the bull and bear case for MPWR after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, the current analysis emphasizes record quarterly performance, stronger qualification visibility, supply-chain diversification, and a more explicit shift toward system-level power solutions. The near-term picture still includes uncertainty around enterprise-data demand and product mix.
Guidance delta
Management maintained its outlook; the supplied analysis points to a modest near-term gross-margin headwind from product mix.
Key takeaways
- Management described record quarterly revenue and strength across storage, computing, automotive, and enterprise data.
- Design wins and qualifications are improving visibility into a second-half ramp, but timing and scale remain uncertain.
- Supply-chain diversification and higher-voltage products are central to the company’s next phase of growth.
- The 400-volt rack-power offering is expected to become materially relevant beyond the current period.
Management priorities
- Advance qualification and sampling of 400-volt rack-power modules.
- Expand 48-volt and 800-volt automotive power and battery-management offerings.
- Continue R&D and manufacturing diversification to reduce tariff exposure.
- Move toward higher-margin system solutions combining modules and software.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$1,210.86Current
$475Low
$1,275.5Average
$2,100High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Overweight | Overweight | Maintain | Jul 31, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jul 31, 2026 |
| Rosenblatt | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Needham | Buy | Buy | Maintain | Jul 31, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Jul 31, 2026 |
| TD Cowen | Buy | Buy | Maintain | May 1, 2026 |
| Stifel | Buy | Buy | Maintain | Apr 16, 2026 |
| Citigroup | Buy | Buy | Maintain | Feb 9, 2026 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Oct 14, 2025 |
| Raymond James | Outperform | Outperform | Maintain | Aug 1, 2025 |
| Loop Capital | Buy | Buy | Maintain | Jul 23, 2025 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 15, 2025 |
| Deutsche Bank | Buy | Buy | Maintain | Aug 2, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Feb 9, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 9, 2023 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | Jun 26, 2020 |
| Stifel Nicolaus | Buy | Buy | Maintain | Sep 10, 2019 |
| Pacific Crest | Overweight | Overweight | Maintain | Feb 5, 2016 |
| PiperJaffray | Overweight | Overweight | Maintain | Sep 11, 2015 |
| Evercore Partners | Overweight | Overweight | Maintain | May 14, 2014 |
| William Blair | Outperform | Outperform | Maintain | Aug 30, 2013 |
| Evercore ISI Group | Overweight | Overweight | Maintain | Aug 7, 2013 |
| Blaylock Robert Van | Buy | Hold | Upgrade | Feb 7, 2013 |
| Piper Sandler | Neutral | Overweight | Downgrade | Sep 4, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $1,210.86. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Arete Research | Analyst unavailable | $2,013 | $1,300.14 | +66.2% | Aug 20, 2026 |
| KeyBanc | John Vinh | $2,100 | $1,316.18 | +73.4% | Jul 31, 2026 |
| Needham | Quinn Bolton | $2,000 | $1,316.18 | +65.2% | Jul 31, 2026 |
| Wells Fargo | Analyst unavailable | $1,700 | $1,312 | +40.4% | Jul 20, 2026 |
| Truist Financial | Analyst unavailable | $1,805 | $1,560 | +49.1% | May 1, 2026 |
| Raymond James | Analyst unavailable | $1,800 | $1,561.05 | +48.7% | May 1, 2026 |
| KeyBanc | John Vinh | $2,000 | $1,614.41 | +65.2% | May 1, 2026 |
| Oppenheimer | Analyst unavailable | $1,700 | $1,614.41 | +40.4% | May 1, 2026 |
| Oppenheimer | Analyst unavailable | $1,600 | $1,592.17 | +32.1% | Apr 24, 2026 |
| Stifel Nicolaus | Analyst unavailable | $1,500 | $1,353 | +23.9% | Apr 16, 2026 |
| Truist Financial | Analyst unavailable | $1,396 | $1,203.43 | +15.3% | Feb 6, 2026 |
| Needham | Analyst unavailable | $1,300 | $1,155.99 | +7.4% | Feb 6, 2026 |
| KeyBanc | Analyst unavailable | $1,500 | $1,155.99 | +23.9% | Feb 6, 2026 |
| Stifel Nicolaus | Analyst unavailable | $1,300 | $1,192.47 | +7.4% | Feb 4, 2026 |
| Oppenheimer | Analyst unavailable | $1,300 | $1,161.78 | +7.4% | Jan 29, 2026 |
| Wells Fargo | Joe Quatrochi | $1,200 | $1,063.74 | -0.9% | Jan 26, 2026 |
| Wells Fargo | Analyst unavailable | $1,125 | $983.6 | -7.1% | Jan 15, 2026 |
| Truist Financial | Analyst unavailable | $1,375 | $929.48 | +13.6% | Dec 19, 2025 |
| KeyBanc | John Vinh | $1,300 | $975.26 | +7.4% | Oct 31, 2025 |
| KeyBanc | John Vinh | $1,250 | $1,054.15 | +3.2% | Oct 23, 2025 |
| Wells Fargo | Analyst unavailable | $970 | $1,004.65 | -19.9% | Oct 20, 2025 |
| Stifel Nicolaus | Tore Svanberg | $1,100 | $1,026.83 | -9.2% | Oct 17, 2025 |
| Wolfe Research | Chris Caso | $1,200 | $981.67 | -0.9% | Oct 14, 2025 |
| KeyBanc | Analyst unavailable | $1,050 | $886.59 | -13.3% | Sep 30, 2025 |
| Needham | Quinn Bolton | $1,025 | $887.55 | -15.3% | Sep 29, 2025 |
| Truist Financial | William Stein | $762 | $628.62 | -37.1% | Dec 16, 2024 |
| Needham | Quinn Bolton | $600 | $572.47 | -50.4% | Nov 21, 2024 |
| Needham | Quinn Bolton | $950 | $919.81 | -21.5% | Oct 31, 2024 |
| KeyBanc | John Vinh | $1,075 | $784.95 | -11.2% | Aug 2, 2024 |
| Rosenblatt Securities | Hans Mosesmann | $880 | $836.66 | -27.3% | Jul 29, 2024 |
| KeyBanc | John Vinh | $975 | $851.82 | -19.5% | Jul 9, 2024 |
| Oppenheimer | Rick Schafer | $900 | $815.63 | -25.7% | Jun 13, 2024 |
| KeyBanc | John Vinh | $850 | $679.86 | -29.8% | Apr 8, 2024 |
| Rosenblatt Securities | Hans Mosesmann | $750 | $637.04 | -38.1% | Dec 26, 2023 |
| Oppenheimer | Rick Schafer | $500 | $405.52 | -58.7% | Oct 27, 2023 |
| Credit Suisse | Analyst unavailable | $475 | $405.03 | -60.8% | Nov 16, 2022 |
| Wells Fargo | Analyst unavailable | $435 | $386.87 | -64.1% | Nov 11, 2022 |
| Cowen & Co. | Analyst unavailable | $600 | $510.44 | -50.4% | Aug 2, 2022 |
| Raymond James | Analyst unavailable | $570 | $489.1 | -52.9% | Aug 2, 2022 |
| Needham | Analyst unavailable | $550 | $462.3 | -54.6% | Aug 2, 2022 |
| Deutsche Bank | Analyst unavailable | $475 | $426.24 | -60.8% | Jul 20, 2022 |
| Deutsche Bank | Ross Seymore | $500 | $404.21 | -58.7% | Apr 25, 2022 |
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Start freeCompany context
Snapshot as of publicationMonolithic Power Systems, Inc. specializes in the creation, promotion, and sale of advanced semiconductor components for power management. Their innovative solutions cater to a broad spectrum of industries, including information technology, data storage, automotive, industrial applications, telecommunications, and consumer electronics. A core offering consists of direct current (DC) to DC integrated circuits (ICs), which are vital for regulating and transforming electrical voltages in diverse systems such as portable gadgets, wireless local area network access points, personal computers, displays, car entertainment systems, and medical devices.…
Historical context
All MPWR earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| WIT Wipro Limited | FY2027 Q2 · Calendar Q4 2026 | -25.0% | +3.9% | Wipro: AI pipeline expands as Q3 guidance stays narrow |
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
| ASML ASML Holding N.V. | FY2026 Q3 · Calendar Q4 2026 | +20.4% | -3.9% | ASML: Record Q3, strong AI demand and broader capacity plans |
Latest beats and misses
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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-17T19:35:09.005115+00:00
- Polygon adjusted daily market bars · 2026-10-17T13:20:43.152662+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T13:20:43.149879+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.