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Model output · Signal date 2026-10-16

Monolithic Power Systems, Inc. (MPWR) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Bottom 35% of 5184 stocks scored
Rank correlation · 90D 12.0% Spearman, 357 dates
Market Cap $59.51B large-cap · #11 of 60 peers
Summary

Monolithic Power Systems, Inc. (MPWR) stock forecast summary

Our AI ranks Monolithic Power Systems, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Monolithic Power Systems, Inc. is a large-cap company with a market capitalization of $59.51B. It ranks number 11 by market capitalization among the 60 Semiconductors & Related Devices issuers in our coverage with a current forecast.

For MPWR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 12.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, MPWR included.

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Price

MPWR price chart and AI forecast

MPWR
Cross-section · 2026-10-16

How MPWR ranks among 5184 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Monolithic Power Systems, Inc. (MPWR) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Semiconductors & Related Devices peers listed below that report each metric.

Valuation & Market

MetricMPWRIndustry medianRank
Market Cap $59.51B $9.72B 11/60
P/E Ratio 73.70x 42.48x 12/40
P/B Ratio 15.28x 5.06x 9/57
Dividend Yield 0.55% 1.04% 10/13
EPS $16.43 – –
Book Value/Share $79.27 – –
Revenue/Share $66.60 – –
FCF/Share $11.91 – –

Profitability & Margins

MetricMPWRIndustry medianRank
ROE 20.6% 12.2% 10/45
ROA 17.2% 7.2% 7/44
ROIC 22.4% 7.3% 5/53
Gross Margin 55.2% 45.0% 17/57
Operating Margin 28.7% 10.6% 10/57
Net Margin 24.6% 12.9% 12/45
EBT Margin 30.1% 10.3% 10/57
Tax Rate 18.3% – –

Financial Health

MetricMPWRIndustry medianRank
Current Ratio 4.98x 3.17x 15/55
Quick Ratio 3.62x 2.33x 17/54
D/E Ratio 0.20x 0.44x 46/59
Financial Leverage 1.20x 1.45x 47/57
Working Capital $1.98B $1.19B 16/55

Cash Flow

MetricMPWRIndustry medianRank
Operating Cash Flow $822M $271M 19/57
Free Cash Flow $586M $186M 17/52
Capital Spending -$237M -$56M 37/52
OCF Growth YoY -8.0% 27.1% 34/46
FCF Growth YoY -17.1% 15.7% 30/41
FCF/Sales 17.9% 15.1% 21/52
CapEx/Sales 7.2% 4.2% 12/52

Operational Efficiency

MetricMPWRIndustry medianRank
Asset Turnover 0.70x 0.57x 12/54
Receivables Turnover 9.5x 6.3x 12/49
Inventory Turnover 2.2x 2.5x 36/53
Fixed Assets Turnover 4.2x 6.0x 34/52
Days Sales Outstanding 38 days 58 days 38/49
Days Inventory 168 days 148 days 17/53
Payables Period 45 days 56 days 42/50
Cash Conversion Cycle 161 days 133 days 17/46

Income Statement

MetricMPWRIndustry medianRank
Total Revenue $3.27B $1.45B 21/56
Operating Income $940M $126M 13/57
Net Income $804M $369M 14/45
R&D Expense $413M $217M 20/56
SG&A Expense $454M $242M 18/55
Cost of Goods Sold $1.47B $781M 22/57

Dividend & Shareholder Information

MetricMPWRIndustry medianRank
Dividends Per Share $6.70 – –
Payout Ratio 40.8% 40.8% 7/13
Shares Outstanding 49M – –
Net Income Growth -56.8% 35.6% 25/27
EPS Growth -57.0% 37.0% 29/30

Balance Sheet Highlights (USD millions)

Total Current Assets$2.48B52.9% of assets
Cash & Short-term Investments$1.01B21.5% of assets
Accounts Receivable$344M7.3% of assets
Inventory$676M14.4% of assets
Total Liabilities$791M16.9% of assets
Short-term Debt$316M6.7% of assets
Quarterly Financial Reports

MPWR quarterly financials and insider trading

Industry Peers · Semiconductors & Related Devices

Monolithic Power Systems, Inc. (MPWR) industry peers

Companies classified under the same SEC industry code as Monolithic Power Systems, Inc. (Semiconductors & Related Devices): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
MPWR Monolithic Power Systems, Inc. ▼ $59.51B 73.7x 15.3x
NVDA Nvidia Corp ▶ $5.16T 24.7x 22.5x
AVGO Broadcom Inc. ▶ $1.57T 41.9x 15.7x
AMD Advanced Micro Devices Inc ▶ $863.17B 151.5x 12.8x
INTC Intel Corp ▲ $453.20B – 5.2x
AMAT Applied Materials Inc /De ▶ $324.81B 35.3x 12.7x
TXN Texas Instruments Inc ▼ $252.49B 42.0x 14.0x
ARM Arm Holdings Plc /Uk ▲ $243.29B 232.5x 28.2x
MRVL Marvell Technology, Inc. ▲ $199.78B 71.6x 10.8x
ADI Analog Devices Inc ▼ $191.62B 42.9x 5.7x
ASX Ase Technology Holding Co., Ltd. ▲ $86.49B – –
NXPI Nxp Semiconductors N.V. ▼ $57.72B 21.9x 5.3x
ALAB Astera Labs, Inc. ▲ $49.59B 162.4x 28.7x
STM Stmicroelectronics N.V. ▶ $40.34B 17.3x 2.3x
MCHP Microchip Technology Inc ▶ $40.10B 108.6x 6.2x
CRDO Credo Technology Group Holding Ltd ▲ $31.90B 59.8x 11.7x
CBRS Cerebras Systems Inc. ▶ $30.22B – 3.3x
ON On Semiconductor Corp ▶ $28.04B 45.3x 3.9x
GFS Globalfoundries Inc. ▶ $25.93B 16.6x –
Q Qnity Electronics, Inc. ▼ $24.14B 29.7x 3.3x
TSEM Tower Semiconductor Ltd ▲ $21.94B 29.9x 7.5x
MTSI Macom Technology Solutions Holdings, Inc. ▶ $20.03B 102.8x 13.0x
FSLR First Solar, Inc. ▶ $18.55B 10.6x 1.8x
LSCC Lattice Semiconductor Corp ▶ $14.72B 740.4x 18.7x
SITM Sitime Corp ▲ $14.20B 597.7x 13.9x
SMTC Semtech Corp ▲ $12.76B – 22.3x
NXT Nextpower Inc. ▼ $12.14B 20.7x 4.8x
SWKS Skyworks Solutions, Inc. ▲ $11.99B 68.1x 2.1x
AMKR Amkor Technology, Inc. ▶ $10.34B 24.0x 2.3x
QRVO Qorvo, Inc. ▲ $10.05B 29.7x 3.0x
RMBS Rambus Inc ▶ $9.39B 41.6x 6.7x
VIAV Viavi Solutions Inc. ▲ $8.24B – 5.7x
FORM Formfactor Inc ▶ $8.20B 82.0x 7.4x
SLAB Silicon Laboratories Inc. ▼ $7.37B – 6.7x
MXL Maxlinear, Inc ▲ $6.47B – 13.3x
AAOI Applied Optoelectronics, Inc. ▶ $6.39B – 3.8x
ALGM Allegro Microsystems, Inc. ▶ $5.89B 451.7x 6.1x
CRUS Cirrus Logic, Inc. ▲ $5.41B 13.2x 2.5x
SYNA Synaptics Inc ▲ $4.58B – 4.9x
KLIC Kulicke & Soffa Industries Inc ▲ $4.11B 69.6x 4.5x
ENPH Enphase Energy, Inc. ▶ $4.00B 30.3x 3.6x
DIOD Diodes Inc /Del/ ▼ $3.82B 57.5x 2.0x
AXTI Axt Inc ▶ $3.38B – 3.8x
OSIS Osi Systems Inc ▼ $3.11B 21.8x 3.7x
IPGP Ipg Photonics Corp ▼ $3.02B 102.9x 1.4x
PENG Penguin Solutions, Inc. ▲ $2.93B 58.9x 6.7x
AMBA Ambarella Inc ▲ $2.72B – 4.4x
POWI Power Integrations Inc ▶ $2.49B 82.4x 3.7x
UCTT Ultra Clean Holdings, Inc. ▶ $2.31B – 3.6x
HIMX Himax Technologies, Inc. ▲ $2.03B – –
NLST Netlist Inc ▲ $2.00B – 86.1x
NVTS Navitas Semiconductor Corp ▼ $1.97B – 5.1x
LASR Nlight, Inc. ▼ $1.94B – 4.4x
SEDG Solaredge Technologies, Inc. ▲ $1.93B – 4.7x
PLAB Photronics Inc ▼ $1.62B 9.4x 1.3x
ICHR Ichor Holdings, Ltd. ▶ $1.58B – 1.8x
BRKH Blaize Holdings, Inc. ▼ $1.45B – 33.9x
WOLF Wolfspeed, Inc. ▶ $1.23B – 1.3x
SHLS Shoals Technologies Group, Inc. ▲ $1.21B 37.7x 2.0x
AMBQ Ambiq Micro, Inc. ▲ $1.21B 3.6x 3.0x

Where MPWR sits on the market map

Manufacturing · Semiconductors & Related Devices
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News

Monolithic Power Systems, Inc. (MPWR) stock news

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FAQ

Monolithic Power Systems, Inc. (MPWR) stock forecast FAQ

What is the Monolithic Power Systems, Inc. (MPWR) stock forecast?

Our AI ranks Monolithic Power Systems, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Monolithic Power Systems, Inc. stock predictions?

For MPWR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 12.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Monolithic Power Systems, Inc. forecasts updated?

Monolithic Power Systems, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Monolithic Power Systems, Inc.'s industry peers?

60 issuers in our coverage, MPWR included, share the SEC industry code Semiconductors & Related Devices. The largest are: Nvidia Corp (NVDA), Broadcom Inc. (AVGO), Advanced Micro Devices Inc (AMD), Intel Corp (INTC), Applied Materials Inc /De (AMAT), Texas Instruments Inc (TXN).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.