Monolithic Power Systems (MPWR) has recently updated its guidance, increasing its first-quarter revenue range to $630–$640 million, above the previous $610–$630 million. This positive revision, along with analysts maintaining a bullish stance, indicates strong fundamentals. The stock showed volatility last week, dropping sharply before recovering, suggesting investor confidence in its growth prospects.
Based on the analysis, MPWR is expected to reach $640 in the next trading week, driven by positive earnings guidance and oversold conditions.
Buy MPWR at the current price of $602.79, targeting $640 with a stop-loss at $590.
The price of MPWR is predicted to go up -0.19%, based on the high correlation periods with CAE. The similarity of these two price pattern on the periods is 94.45%.
MPWR
CAE
Monolithic Power's BCD process has the fewest layers and smallest die size among competing analog offerings, providing the best power density and energy efficiency to customers.
MPS has begun notching design wins in advanced driver assist systems and battery management systems, which should lead to stickier and higher-growth revenue.
The firm's fabless model is unique among high-power analog competitors and allows hefty returns on invested capital.
Wells Fargo
2025-03-21
Price Target
$710 → $665
Upside
+12.52%
Oppenheimer
2025-01-31
Price Target
$900 → $800
Upside
+25.52%
Wells Fargo
2024-11-22
Price Target
$610
Upside
+5.03%