WallStSmart
MPWR

Monolithic Power Systems Inc

NASDAQ: MPWR · TECHNOLOGY · SEMICONDUCTORS

$1,526.84
+1.51% today

Updated 2026-04-29

Market cap
$75.00B
P/E ratio
119.01
P/S ratio
26.88x
EPS (TTM)
$12.83
Dividend yield
0.41%
52W range
$604 – $1,662
Volume
0.6M

Monolithic Power Systems Inc (MPWR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$1,526.84
Consensus
$1,123.00
-26.45%
2030 Target
DCF
14 analysts:
5 Buy2 Hold0 Sell

Management guidance

Management provided Q4 2025 record revenue of $751M with 20.8% YoY growth. Company raised quarterly dividend to $2.00, signaling confidence in sustained cash generation. No specific multi-year revenue targets disclosed in available earnings call data, but strong guidance implies continued mid-to-high 20% growth trajectory through 2026-2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,348.83
Base case (2030)
$1,342.19
Bear case (2030)
$894.79

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)
Revenue$1.8B$2.2B$2.8B$3.5B$4.1B$4.8B$5.7B
Revenue growth21.2%26.4%23.7%17.5%19.5%18.0%
EPS$11.78$14.13$17.77$21.94$26.36$31.85$37.65
P/S ratio12.0x12.0x12.0x12.0x
Implied price$894.79$1,006.64$1,230.34$1,342.19

Catalysts & risks

Growth catalysts
+ AI data center power delivery demand acceleration (primary revenue driver)
+ Automotive electrification and EV power management chip adoption
+ Strategic partnerships with cloud hyperscalers (AWS, Microsoft, Google capex cycles)
+ Product portfolio expansion in high-margin power conversion markets
+ Margin expansion from manufacturing efficiency and scale
Key risks
- Geopolitical tensions (Iran conflict) threatening semiconductor supply chains and helium supply
- Elevated insider selling ($114.3M in 90 days) signaling potential valuation concerns
- High P/E ratio (87x) leaves limited margin for error if growth decelerates
- Customer concentration risk in data center segment
- Semiconductor cyclicality and potential demand normalization post-AI boom

Methodology

Monolithic Power Systems Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.