Monolithic Power Systems (NASDAQ:MPWR) Announces Earnings Results

Monolithic Power Systems (NASDAQ:MPWR) announced its quarterly earnings results on Thursday. The semiconductor company reported $4.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.74 by $0.05, FiscalAI reports. Monolithic Power Systems had a net margin of 71.22% and a return on equity of 18.37%. The company had revenue of $751.16 million for the quarter, compared to the consensus estimate of $741.69 million. During the same period in the previous year, the firm posted $4.09 EPS. Monolithic Power Systems’s revenue for the quarter was up 20.8% compared to the same quarter last year.

Here are the key takeaways from Monolithic Power Systems’ conference call:

• MPS reported strong results with full‑year revenue of $2.8 billion (+26.4% y/y) and a record Q4 of $751.2 million, and raised its quarterly dividend 28% to $2.00 per share.
• Management expressed materially higher confidence in the enterprise data/AI outlook—noting book‑to‑bill >1, backlog extending into Q2–Q3 2026, and an updated growth posture (management referenced a floor of ~50% growth for the enterprise data opportunity).
• MPS has expanded supply capacity and resilience, announcing it secured more than $4 billion of geographically balanced capacity and added supply‑chain partners to support expected demand.
• Product momentum continues: record module revenue, sampling of an 800‑volt power solution, new automotive offerings (48‑volt eFuse and kilowatt zonal controller), optical module traction, and higher current‑density packaging now sampling for production.
• CFO Bernie Blegen will retire after 15 years and transition responsibilities to long‑time controller Rob Dean as Interim CFO; management emphasized continuity but the change is a leadership risk to monitor.

Monolithic Power Systems Stock Performance

MPWR stock opened at $1,155.99 on Friday. Monolithic Power Systems has a 52-week low of $438.86 and a 52-week high of $1,226.30. The firm has a 50 day moving average price of $998.38 and a 200-day moving average price of $929.21. The firm has a market capitalization of $55.38 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 3.19 and a beta of 1.45.

Monolithic Power Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $1.56 per share. The ex-dividend date was Wednesday, December 31st. This represents a $6.24 annualized dividend and a dividend yield of 0.5%. Monolithic Power Systems’s payout ratio is currently 15.93%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MPWR. Truist Financial lifted their price target on shares of Monolithic Power Systems from $1,163.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. KeyCorp raised their price objective on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Weiss Ratings restated a “buy (b-)” rating on shares of Monolithic Power Systems in a research report on Friday, December 26th. Wells Fargo & Company upped their target price on shares of Monolithic Power Systems from $1,125.00 to $1,200.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Finally, Stifel Nicolaus raised their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Monolithic Power Systems has a consensus rating of “Buy” and a consensus target price of $1,152.08.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Saria Tseng sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $926.47, for a total value of $18,529,400.00. Following the sale, the executive vice president directly owned 187,331 shares of the company’s stock, valued at approximately $173,556,551.57. This trade represents a 9.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kuo Wei Herbert Chang sold 100 shares of Monolithic Power Systems stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $896.97, for a total transaction of $89,697.00. Following the transaction, the director directly owned 426 shares in the company, valued at $382,109.22. This trade represents a 19.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,776 shares of company stock worth $63,489,045 in the last three months. Corporate insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On Monolithic Power Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of Monolithic Power Systems by 46.0% during the 4th quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after acquiring an additional 200 shares during the period. Empowered Funds LLC grew its stake in shares of Monolithic Power Systems by 3.1% in the first quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company’s stock worth $3,088,000 after acquiring an additional 161 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Monolithic Power Systems by 3.5% in the second quarter. NewEdge Advisors LLC now owns 9,383 shares of the semiconductor company’s stock worth $6,863,000 after purchasing an additional 314 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in Monolithic Power Systems by 35.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 35,789 shares of the semiconductor company’s stock valued at $26,175,000 after buying an additional 9,315 shares in the last quarter. Finally, Globeflex Capital L P acquired a new position in Monolithic Power Systems during the 2nd quarter valued at about $347,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Key Monolithic Power Systems News

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: Reported Q4 results showed revenue up ~20.8% to ~$751M and headline EPS of $4.79, topping consensus — evidence of continued top‑line strength in data‑center/AI and auto end markets. Zacks: Q4 beat
• Positive Sentiment: Q1 revenue guidance of $770–$790M is above Street consensus, implying revenue acceleration into the quarter and giving investors forward visibility. GlobeNewswire: results & guidance
• Positive Sentiment: Board raised the quarterly cash dividend from $1.56 to $2.00 — a significant increase that signals strong cash flow and shareholder returns. GlobeNewswire: dividend increase
• Positive Sentiment: Analyst support remains strong — Stifel and others have raised targets (Stifel to $1,300) and the consensus remains mostly buy-rated, which helps sustain momentum. The Fly / Stifel PT raise
• Neutral Sentiment: Company published earnings commentary and is hosting a Q&A webinar — useful for detail on margins, product mix and the cadence of AI/auto demand but neutral until new color is disclosed. GlobeNewswire: earnings commentary
• Neutral Sentiment: Company announced a CFO transition (Bernie Blegen to retire after filing the 2025 Form 10‑K); succession timing and successor details will determine investor reaction. GlobeNewswire: CFO transition
• Negative Sentiment: CFO Theodore Blegen sold 3,000 shares (~$3.4M) in early February; insider sales can create short‑term selling pressure or raise questions for some investors. SEC filing: insider sale
• Negative Sentiment: A third‑party summary (QuiverQuant) reported a conflicting, much lower EPS figure on a GAAP basis and flagged large historical insider selling — that discrepancy warrants watching (clarify GAAP vs non‑GAAP in the call). QuiverQuant: EPS discrepancy & insider activity

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.