Free Trial

Monolithic Power Systems (MPWR) Stock Forecast & Price Target

$938.19
-8.97 (-0.95%)
(As of 11:08 AM ET)

Monolithic Power Systems - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 10 Wall Street analysts who have issued ratings for Monolithic Power Systems in the last 12 months, the stock has a consensus rating of "Buy." Out of the 10 analysts, 10 have given a buy rating for MPWR.

Consensus Price Target

$912.30
-2.76% Downside
High Forecast$1,100.00
Average Forecast$912.30
Low Forecast$700.00

According to the 10 analysts' twelve-month price targets for Monolithic Power Systems, the average price target is $912.30. The highest price target for MPWR is $1,100.00, while the lowest price target for MPWR is $700.00. The average price target represents a forecasted downside of -2.76% from the current price of $938.19.

TypeCurrent Forecast
8/23/23 to 8/22/24
1 Month Ago
7/24/23 to 7/23/24
3 Months Ago
5/25/23 to 5/24/24
1 Year Ago
8/23/22 to 8/23/23
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
12 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$912.30$806.13$743.78$553.46
Forecasted Upside-2.76% Downside16.50% Upside16.87% Upside11.60% Upside
Get Monolithic Power Systems Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for MPWR and its competitors with MarketBeat's FREE daily newsletter.

MPWR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

MPWR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Monolithic Power Systems Stock vs. The Competition

TypeMonolithic Power SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.00
2.62
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside-3.68% Downside354.31% Upside8.75% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/21/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$925.00 ➝ $1,100.00+21.59%
8/5/2024Needham & Company LLC
2 of 5 stars
 Boost TargetBuy ➝ Buy$800.00 ➝ $1,000.00+32.00%
8/2/2024Raymond James
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$770.00 ➝ $925.00+16.57%
8/2/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$750.00 ➝ $900.00+13.42%
8/2/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$975.00 ➝ $1,075.00+33.21%
8/2/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$799.00 ➝ $918.00+10.60%
7/29/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$800.00 ➝ $880.00+7.08%
6/13/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$750.00 ➝ $900.00+10.34%
5/2/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$715.00 ➝ $725.00+7.57%
1/2/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$600.00 ➝ $700.00+15.82%
7/19/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageMarket Perform
2/9/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$490.00 ➝ $550.00+18.79%
2/9/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$475.00 ➝ $580.00+25.27%
10/28/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$600.00 ➝ $425.00+23.31%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:41 AM ET.

MPWR Forecast - Frequently Asked Questions

What is Monolithic Power Systems' forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Monolithic Power Systems is $912.30, with a high forecast of $1,100.00 and a low forecast of $700.00.

Should I buy or sell Monolithic Power Systems stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monolithic Power Systems in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MPWR shares.

Does Monolithic Power Systems's stock price have much upside?

According to analysts, Monolithic Power Systems's stock has a predicted upside of 16.93% based on their 12-month stock forecasts.

What analysts cover Monolithic Power Systems?

Monolithic Power Systems has been rated by research analysts at Deutsche Bank Aktiengesellschaft, KeyCorp, Needham & Company LLC, Oppenheimer, Raymond James, Rosenblatt Securities, TD Cowen, and Truist Financial in the past 90 days.

Do Wall Street analysts like Monolithic Power Systems more than its competitors?

Analysts like Monolithic Power Systems more than other "computer and technology" companies. The consensus rating for Monolithic Power Systems is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how MPWR compares to other companies.


This page (NASDAQ:MPWR) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners