MPWR official logo MPWR
MPWR 1-star rating from Upturn Advisory
Monolithic Power Systems Inc (MPWR) company logo

Monolithic Power Systems Inc (MPWR)

Monolithic Power Systems Inc (MPWR) 1-star rating from Upturn Advisory
$958.02
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

12/03/2025: MPWR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

3 star rating from financial analysts

17 Analysts rated it

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

1 Year Target Price $1180.93

1 Year Target Price $1180.93

Analysts Price Target For last 52 week
$1180.93 Target price
52w Low $437.16
Current$958.02
52w High $1123.38

Analysis of Past Performance

Type Stock
Historic Profit 49.37%
Avg. Invested days 53
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 45.64B USD
Price to earnings Ratio 24.44
1Y Target Price 1180.93
Price to earnings Ratio 24.44
1Y Target Price 1180.93
Volume (30-day avg) 17
Beta 1.46
52 Weeks Range 437.16 - 1123.38
Updated Date 12/4/2025
52 Weeks Range 437.16 - 1123.38
Updated Date 12/4/2025
Dividends yield (FY) 0.62%
Basic EPS (TTM) 38.99

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin 71.22%
Operating Margin (TTM) 26.48%

Management Effectiveness

Return on Assets (TTM) 12.25%
Return on Equity (TTM) 64.03%

Valuation

Trailing PE 24.44
Forward PE 44.05
Enterprise Value 44641456140
Price to Sales(TTM) 17.15
Enterprise Value 44641456140
Price to Sales(TTM) 17.15
Enterprise Value to Revenue 16.78
Enterprise Value to EBITDA 60.3
Shares Outstanding 47907000
Shares Floating 46026171
Shares Outstanding 47907000
Shares Floating 46026171
Percent Insiders 3.77
Percent Institutions 101.67

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Monolithic Power Systems Inc

Monolithic Power Systems Inc(MPWR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Monolithic Power Systems (MPS) was founded in 1997. It is a global company focused on designing, developing, and marketing high-performance power solutions. MPS has grown from a small startup to a significant player in the power management industry through innovation and strategic acquisitions.

Company business area logo Core Business Areas

  • Power Solutions: MPS designs and sells power management integrated circuits (ICs) for systems found in computing, industrial, automotive, communications, and consumer applications. These solutions regulate voltage, current, and power consumption in various electronic devices and systems.

leadership logo Leadership and Structure

Michael R. Hsing is the Chairman, CEO, and Founder of MPS. The company has a typical corporate structure with departments such as engineering, marketing, sales, and finance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Battery Management: Monolithic Power Systems manufactures specialized battery management solutions used in portable devices, power tools, and energy storage systems. Competitors include Texas Instruments, Analog Devices and Renesas
  • DC-DC Power Solutions: MPS's core product line includes DC-DC converters, which regulate voltage levels in electronic devices. These are used in a variety of applications, including industrial equipment, computing systems, and consumer electronics. MPS has shown significant revenue from the DC-DC solutions segment. Competitors include Texas Instruments, Analog Devices and Infineon
  • LED Drivers: MPS offers LED drivers for backlighting and general lighting applications. The company's LED drivers are used in LCD panels, automotive lighting, and general illumination. Competitors include Texas Instruments, ON Semiconductor, and NXP Semiconductors.
  • Motor Drivers: Monolithic Power Systems provides compact motor driver solutions that are widely used in industries, automotive, and more. Competitors include Texas Instruments, Analog Devices and Infineon

Market Dynamics

industry overview logo Industry Overview

The power management IC market is driven by increasing demand for energy-efficient devices and systems. Key trends include the adoption of advanced technologies like gallium nitride (GaN) and silicon carbide (SiC) to improve efficiency and reduce size.

Positioning

MPS is positioned as a provider of high-performance, integrated power management solutions. Its competitive advantages include its focus on innovation, strong customer relationships, and efficient manufacturing processes.

Total Addressable Market (TAM)

The total addressable market for power management ICs is estimated to be over $50 billion annually. MPS is positioned to capture a significant share of this market by focusing on high-growth segments like automotive and industrial applications.

Upturn SWOT Analysis

Strengths

  • Strong product portfolio
  • Innovative technology
  • Efficient manufacturing
  • Strong customer relationships
  • Experienced Management Team

Weaknesses

  • Reliance on a limited number of key customers
  • Susceptibility to economic cycles
  • High competition

Opportunities

  • Growing demand for power-efficient devices
  • Expansion into new markets (e.g., electric vehicles, renewable energy)
  • Strategic acquisitions
  • Increased adoption of GaN and SiC technologies

Threats

  • Intense competition
  • Economic downturns
  • Supply chain disruptions
  • Technological obsolescence

Competitors and Market Share

Key competitor logo Key Competitors

  • TXN
  • ADI
  • INFINEON

Competitive Landscape

MPS competes with larger, more established companies. Its advantages include its focus on innovation, strong customer relationships, and efficient manufacturing. Disadvantages include its smaller size and limited resources compared to its larger competitors.

Major Acquisitions

BCD Semiconductor

  • Year: 2017
  • Acquisition Price (USD millions): 81.4
  • Strategic Rationale: Expanded product offerings and strengthened presence in the automotive and industrial markets.

Axign B.V.

  • Year: 2022
  • Acquisition Price (USD millions): 145
  • Strategic Rationale: Improved audio solutions

Growth Trajectory and Initiatives

Historical Growth: MPS has experienced significant growth in revenue and profitability over the past several years, driven by strong demand for its power management solutions.

Future Projections: Future growth is projected to continue, driven by the increasing adoption of power-efficient devices and the company's expansion into new markets.

Recent Initiatives: Recent initiatives include investments in R&D, strategic acquisitions, and expansion of manufacturing capacity.

Summary

Monolithic Power Systems is a robust company excelling in power management solutions. Its focus on innovation and strategic acquisitions contributes to its growth. A potential vulnerability lies in its reliance on a few major clients, which could be impacted by market fluctuations. The company must remain vigilant regarding competition and macroeconomic conditions.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Market Research Reports
  • Analyst Estimates
  • Company Website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions are subject to change, and past performance is not indicative of future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.