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POWI 1-star rating from Upturn Advisory
Power Integrations Inc (POWI) company logo

Power Integrations Inc (POWI)

Power Integrations Inc (POWI) 1-star rating from Upturn Advisory
$37.35
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Upturn Advisory Summary

12/11/2025: POWI (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

2 star rating from financial analysts

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $49.4

1 Year Target Price $49.4

Analysts Price Target For last 52 week
$49.4 Target price
52w Low $30.67
Current$37.35
52w High $66.96

Analysis of Past Performance

Type Stock
Historic Profit -17.18%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/11/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.10B USD
Price to earnings Ratio 116.72
1Y Target Price 49.4
Price to earnings Ratio 116.72
1Y Target Price 49.4
Volume (30-day avg) 5
Beta 1.39
52 Weeks Range 30.67 - 66.96
Updated Date 12/12/2025
52 Weeks Range 30.67 - 66.96
Updated Date 12/12/2025
Dividends yield (FY) 2.24%
Basic EPS (TTM) 0.32

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 4.03%
Operating Margin (TTM) -3.32%

Management Effectiveness

Return on Assets (TTM) 0.42%
Return on Equity (TTM) 2.53%

Valuation

Trailing PE 116.72
Forward PE 22.12
Enterprise Value 1824945650
Price to Sales(TTM) 4.7
Enterprise Value 1824945650
Price to Sales(TTM) 4.7
Enterprise Value to Revenue 4.1
Enterprise Value to EBITDA 52.59
Shares Outstanding 55336162
Shares Floating 54175209
Shares Outstanding 55336162
Shares Floating 54175209
Percent Insiders 1.52
Percent Institutions 104.81

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

Power Integrations Inc

Power Integrations Inc(POWI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Power Integrations Inc. was founded in 1997 by Kirby Spencer and Doug Baker. The company pioneered high-voltage integrated circuits for power supplies. Key milestones include its IPO in 2000 and the introduction of its first non-isolated AC-DC converter IC. Over the years, it has expanded its product portfolio to address a wide range of power conversion applications in consumer electronics, computing, industrial, and automotive sectors.

Company business area logo Core Business Areas

  • Highly Integrated Power Conversion ICs: Power Integrations designs and manufactures highly integrated power conversion integrated circuits (ICs) that are used to power a vast array of electronic devices. These ICs enable efficient and compact power supplies for applications such as smartphones, laptops, TVs, appliances, and industrial equipment.
  • AC-DC Converters: A significant portion of their business is dedicated to AC-DC converter ICs, which are crucial for converting alternating current from the mains into direct current suitable for electronic devices. This includes their popular LinkSwitch, HiperPFS, and InnoSwitch product families.
  • DC-DC Converters: The company also offers DC-DC converter ICs, which are used to efficiently convert one DC voltage to another. These are essential for voltage regulation and power management within electronic systems.
  • Gate Drivers and Power Management ICs: Power Integrations also provides gate drivers for power transistors (like MOSFETs and IGBTs) and other power management ICs that optimize the performance and efficiency of power systems.

leadership logo Leadership and Structure

Power Integrations is led by a management team that includes a CEO, CFO, and heads of various operational and engineering divisions. The company operates through a matrix structure, with product lines managed by dedicated teams and supported by engineering, marketing, and sales functions. Key leadership includes Balu Balakrishnan as CEO and Sandeep Nayyar as CFO.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • InnoSwitch Family: Highly integrated, off-the-line power supply ICs that combine a primary-side controller, a secondary-side synchronous rectification driver, and a safety-rated FluxLink magneto-inductance communication technology. These enable compact, efficient, and cost-effective power supplies. Competitors include Analog Devices (through Linear Technology acquisition), STMicroelectronics, Texas Instruments, and ON Semiconductor.
  • LinkSwitch Family: A broad range of AC-DC converter ICs designed for energy-efficient power supplies. They offer a balance of performance, cost, and features for various consumer and industrial applications. Competitors include the same as InnoSwitch. Specific market share data for individual product families is not publicly disclosed by the company.
  • HiperPFS Family: Power factor correction (PFC) ICs designed to improve the power efficiency and reduce harmonic distortion in AC-DC power supplies. Competitors include Texas Instruments and ON Semiconductor.

Market Dynamics

industry overview logo Industry Overview

The power management semiconductor industry is driven by the increasing demand for energy efficiency, miniaturization of electronic devices, and the proliferation of connected devices (IoT). Growth is fueled by sectors like consumer electronics, data centers, electric vehicles, and renewable energy.

Positioning

Power Integrations is a leading provider of highly integrated, energy-efficient power conversion ICs. Its competitive advantage lies in its proprietary technologies, deep application knowledge, and strong customer relationships, allowing it to deliver solutions that reduce power consumption, component count, and cost for its customers.

Total Addressable Market (TAM)

The global power management IC market is substantial and growing, estimated to be in the tens of billions of dollars. Power Integrations, while a significant player in its niche, competes in a segment of this broader market. Its positioning is strong in the highly integrated, high-voltage AC-DC conversion space.

Upturn SWOT Analysis

Strengths

  • Strong intellectual property and patented technologies.
  • Leadership in highly integrated power conversion solutions.
  • Established reputation for energy efficiency and reliability.
  • Long-standing customer relationships with major electronics manufacturers.
  • Focus on high-growth markets like automotive and industrial.

Weaknesses

  • Reliance on a few key product families.
  • Vulnerability to supply chain disruptions.
  • Competition from larger, more diversified semiconductor companies.

Opportunities

  • Growing demand for electric vehicles and charging infrastructure.
  • Expansion of IoT devices requiring efficient power management.
  • Increasing adoption of renewable energy systems.
  • Opportunities in emerging markets and higher-power applications.

Threats

  • Intense competition and pricing pressure.
  • Rapid technological advancements by competitors.
  • Global economic slowdown impacting consumer electronics demand.
  • Geopolitical risks and trade tensions affecting global supply chains.

Competitors and Market Share

Key competitor logo Key Competitors

  • Analog Devices Inc. (ADI)
  • Texas Instruments Inc. (TXN)
  • Infineon Technologies AG (IFX - OTC)
  • ON Semiconductor Corporation (ON)

Competitive Landscape

Power Integrations competes in a highly competitive semiconductor market. Its advantages lie in its specialization in highly integrated, energy-efficient solutions and strong customer relationships. However, larger competitors like TI and ADI have broader product portfolios and significant R&D budgets, while companies like Infineon and ON Semiconductor are also major players in power management.

Major Acquisitions

Semitrex

  • Year: 2017
  • Acquisition Price (USD millions): 10
  • Strategic Rationale: Acquisition to enhance Power Integrations' portfolio of high-performance analog and mixed-signal integrated circuits for power conversion applications, particularly in LED lighting and other specific markets.

Growth Trajectory and Initiatives

Historical Growth: Power Integrations has demonstrated a historical growth trajectory driven by innovation in power management ICs and expansion into new applications. Key growth drivers have included the proliferation of consumer electronics, the transition to more energy-efficient power supplies, and recent inroads into the automotive sector.

Future Projections: Analyst projections generally indicate continued growth for Power Integrations, driven by the secular trends of electrification, energy efficiency, and increasing complexity of power management in electronic devices. Expected growth is particularly strong in automotive, industrial, and renewable energy markets. (Specific future projections are based on analyst consensus and subject to change.)

Recent Initiatives: Recent initiatives include a focus on expanding its presence in the automotive market with solutions for electric vehicle charging and powertrain applications, as well as continued development of advanced ICs for consumer electronics and industrial power supplies. The company also emphasizes sustainability in its product development.

Summary

Power Integrations is a well-established leader in highly integrated, energy-efficient power conversion ICs, with strong customer relationships and a focus on innovation. Its core strengths lie in its proprietary technology and application expertise, particularly in AC-DC conversion. While facing intense competition from larger semiconductor players and market volatility, the company is well-positioned to capitalize on the growing demand for energy efficiency in key sectors like automotive and industrial. Continued investment in R&D and strategic market expansion are crucial for sustained growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Investor Relations
  • Financial news outlets (e.g., Reuters, Bloomberg)
  • Semiconductor industry analysis reports
  • Market research firms

Disclaimers:

This JSON output is for informational purposes only and does not constitute financial advice. Market share data and financial metrics are estimates based on publicly available information and industry analysis, and may not be entirely accurate or up-to-date. Actual performance may vary. Investors should conduct their own due diligence before making any investment decisions.

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.

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About Power Integrations Inc

Exchange NASDAQ
Headquaters San Jose, CA, United States
IPO Launch date 1997-12-12
CEO & Director Dr. Jennifer A. Lloyd Ph.D.
Sector Technology
Industry Semiconductors
Full time employees 865
Full time employees 865

Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion. The company provides a range of alternating current to direct current power conversion products that address power supply up to approximately 500 watts of output for consumer appliances, utility meters, LCD monitors, tablets, smartphones, computers, TVs, and consumer and industrial applications, as well as LED lightings; and power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric locomotives, and high-voltage DC transmission systems. It also offers InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, air purifiers, and circulation pumps, as well as pumps and fans used in appliances, such as dishwashers, laundry machines, and boilers. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.