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Upturn stock ratingUpturn stock rating
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Monolithic Power Systems Inc (MPWR)

Upturn stock ratingUpturn stock rating
$858.46
Last Close (24-hour delay)
Profit since last BUY35.11%
upturn advisory
Consider higher Upturn Star rating
BUY since 79 days
  • BUY Advisory
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

08/28/2025: MPWR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

17 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $843.23

1 Year Target Price $843.23

Analysts Price Target For last 52 week
$843.23 Target price
52w Low $437.93
Current$858.46
52w High $947.45

Analysis of Past Performance

Type Stock
Historic Profit 31.11%
Avg. Invested days 46
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 41.49B USD
Price to earnings Ratio 22.47
1Y Target Price 843.23
Price to earnings Ratio 22.47
1Y Target Price 843.23
Volume (30-day avg) 17
Beta 1.18
52 Weeks Range 437.93 - 947.45
Updated Date 08/28/2025
52 Weeks Range 437.93 - 947.45
Updated Date 08/28/2025
Dividends yield (FY) 0.65%
Basic EPS (TTM) 38.2

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-07-30
When After Market
Estimate 4.11
Actual 4.21

Profitability

Profit Margin 73.17%
Operating Margin (TTM) 24.79%

Management Effectiveness

Return on Assets (TTM) 12.48%
Return on Equity (TTM) 66.5%

Valuation

Trailing PE 22.47
Forward PE 49.02
Enterprise Value 39983227320
Price to Sales(TTM) 16.31
Enterprise Value 39983227320
Price to Sales(TTM) 16.31
Enterprise Value to Revenue 15.72
Enterprise Value to EBITDA 56.72
Shares Outstanding 47892000
Shares Floating 46251220
Shares Outstanding 47892000
Shares Floating 46251220
Percent Insiders 3.29
Percent Institutions 101.43

ai summary icon Upturn AI SWOT

Monolithic Power Systems Inc

stock logo

Company Overview

overview logo History and Background

Monolithic Power Systems Inc (MPS) was founded in 1997 by Michael Hsing. It focuses on high-performance power solutions. Initial milestones involved developing high-efficiency DC-DC converters. The company has expanded into various power management markets through innovation and acquisitions.

business area logo Core Business Areas

  • DC-DC Power Solutions: MPS designs, develops, and markets monolithic power solutions focusing on DC-DC converters, targeting industrial, automotive, computing, communications, and consumer applications.
  • Lighting Control: MPS offers lighting control ICs and solutions used in LED lighting applications, ranging from backlighting in displays to general illumination.
  • Motor Control: Motor control integrated circuits, mainly for industrial applications and consumer applications like power tools.

leadership logo Leadership and Structure

Michael Hsing is the Chairman, President, and CEO. The company has a typical corporate structure with departments for R&D, sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • DC-DC Converters: MPS's DC-DC converters are used in various applications. Estimates show a market share of around 5-8% in the broader DC-DC converter market, competing with Texas Instruments and Analog Devices. Revenue from DC-DC converters is estimated at 75% of total revenues.
  • LED Drivers: MPS's LED drivers are used in displays and general lighting. Its market share is smaller, roughly around 3-5% within the larger LED driver market. Competitors in the LED market are Infineon and STMicroelectronics.

Market Dynamics

industry overview logo Industry Overview

The power management IC market is characterized by intense competition and technological innovation. Growth is driven by the increasing demand for energy efficiency and portable devices. Key trends include integration, miniaturization, and higher power densities.

Positioning

MPS is positioned as a high-performance analog and mixed-signal semiconductor company focused on energy efficiency and integration. Its competitive advantage lies in its proprietary process technology and innovative circuit designs.

Total Addressable Market (TAM)

The power management IC market is expected to be worth more than $40 billion. MPS has increased its market capitalization and is well positioned to serve this market.

Upturn SWOT Analysis

Strengths

  • Proprietary process technology
  • High-efficiency products
  • Strong R&D capabilities
  • Experienced management team
  • Growing revenue

Weaknesses

  • Concentrated revenue stream by business
  • Smaller scale compared to industry giants
  • Limited brand recognition
  • Vulnerable to economic cycles

Opportunities

  • Expansion into new markets (e.g., electric vehicles)
  • Increasing demand for energy-efficient solutions
  • Strategic acquisitions
  • Growth in emerging economies

Threats

  • Intense competition
  • Technological obsolescence
  • Economic downturns
  • Supply chain disruptions
  • Fluctuations in raw material prices

Competitors and Market Share

competitor logo Key Competitors

  • TXN
  • ADI
  • ON

Competitive Landscape

MPS competes primarily on product performance, efficiency, and integration. It has an advantage in certain niche markets due to its proprietary technology. However, its size is small compared to larger competitors such as TXN and ADI.

Major Acquisitions

Axelgaard Manufacturing Co., Ltd.

  • Year: 2023
  • Acquisition Price (USD millions): 144.8
  • Strategic Rationale: Expands the company's reach into new markets and adds complementary capabilities.

Growth Trajectory and Initiatives

Historical Growth: MPS has experienced strong revenue growth over the past decade, driven by increasing demand for its power management solutions.

Future Projections: Analysts project continued revenue growth for MPS, driven by new product introductions and market expansion. Future guidance is dynamic and should be pulled from a current financial source.

Recent Initiatives: Recent initiatives include expanding its product portfolio, targeting the automotive market, and investing in R&D.

Summary

Monolithic Power Systems is a strong power management company specializing in DC-DC converters and LED drivers. It has experienced significant revenue growth and boasts proprietary technology that provides a competitive edge. Its smaller scale compared to competitors is a disadvantage. Focusing on strategic acquisitions and expansion into new markets would be beneficial for further growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications
  • Third-party financial data providers

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Monolithic Power Systems Inc

Exchange NASDAQ
Headquaters Kirkland, WA, United States
IPO Launch date 2004-11-19
Founder, Chairman, President & CEO Mr. Michael R. Hsing
Sector Technology
Industry Semiconductors
Full time employees 4017
Full time employees 4017

Monolithic Power Systems, Inc. designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based and on-premises CPU servers, server artificial intelligence applications, storage applications, notebooks, infotainment, workstation applications, power sources, home appliances, and network infrastructure and satellite communications applications. It also offers alternating current to DC, driver metal-oxide-semiconductor field-effect transistor, power management ICs, current limit switch, and lighting control products. The company sells its products through third-party distributors, value-added resellers, end customers and other resellers, original design manufacturers, and original equipment manufacturers. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.