Stocks · Technology · Semiconductors
Monolithic Power Systems, Inc. MPWR
$1,439.73 +5.79% Close, Oct 2, 2026 · NASDAQ · Market cap $70.73B
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +4.5%).
- Diluted EPS over the last four quarters was $16.32, down 57.5% year over year.
- Revenue over the last four quarters was $3.27B, up 28.7% from a year earlier, accelerating from 23.9% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth59Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 20%
- EPS growth (TTM, YoY)Bottom 18%
- FCF growth (TTM, YoY)Bottom 21%
- Revenue growth, 3-year CAGRTop 26%
- Revenue growth accelerationTop 21%
Quality68Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 11%
- Gross marginTop 46%
- Operating marginTop 9%
- Cash conversion (OCF / net income)Bottom 19%
- Accruals (lower is better)Bottom 16%
- Net debt / EBITDA (lower is better)Top 28%
Value32Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 50%
- Free-cash-flow yieldBottom 33%
- EBITDA / enterprise valueBottom 39%
- Sales / enterprise valueBottom 11%
- P/E vs own 5-year history (lower is better)Bottom 42%
Momentum75Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 29%
- 6-month returnTop 46%
- 1-year return vs S&P 500Top 25%
- Distance from 52-week highTop 28%
- Trend checklist (0–4)Top 18%
Revisions86Strong
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 35%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 14%
- Upside to consensus price targetTop 49%
Stability64Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 37%
- Maximum drawdown, 3 yearsTop 30%
- Beta vs S&P 500 (lower is better)Bottom 26%
- Net debt / EBITDA (lower is better)Top 28%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 23.9% | 28.7% | ↑ |
| EPS growth (YoY) | -63.2% | -57.5% | ↑ |
| Gross margin | 55.3% | 55.2% | ↓ |
| Operating margin | 26.0% | 28.7% | ↑ |
| FCF margin | 27.7% | 17.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 28.7% | 23.9% | ↑ | Top 20% |
| EPS growth (TTM, YoY) | -57.5% | -63.2% | ↑ | Bottom 18% |
| Gross margin | 55.2% | 55.3% | ↓ | Top 46% |
| Operating margin | 28.7% | 26.0% | ↑ | Top 9% |
| Net margin | 24.4% | 73.2% | ↓ | — |
| Free-cash-flow margin | 17.9% | 27.7% | ↓ | — |
| Return on invested capital | 18.2% | — | Top 11% | |
| Revenue growth, 3-year CAGR | 15.9% | — | Top 26% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.03×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- -0.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +47.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.99×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.47%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 0.47%
- Share count change, 1 year
- +2.6%
- Share count change, 3-year CAGR
- +0.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +4.5%
- Average 2-day reaction, last 8
- +1.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $1,827.25
- Target vs current price
- +26.9%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 88%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +10.7% | +5.4% | +7.7% | +4.4% | — |
| Apr 30, 2026 | +4.1% | +5.7% | +8.2% | +7.0% | -12.3% |
| Feb 5, 2026 | +1.1% | +1.7% | +5.3% | -5.1% | +39.3% |
| Oct 30, 2025 | +1.9% | -0.6% | -8.6% | -15.5% | +0.1% |
| Jul 31, 2025 | +2.2% | -2.6% | +10.3% | +18.6% | +46.6% |
| May 1, 2025 | +0.7% | +1.4% | +7.4% | +14.8% | +24.5% |
| Feb 6, 2025 | +2.0% | +1.1% | +7.0% | -13.5% | -2.6% |
| Oct 30, 2024 | +2.3% | -1.4% | -18.2% | -38.7% | -33.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $6.50 | $5.87 | +10.7% | $980.6M |
| Apr 30, 2026 | $5.10 | $4.90 | +4.1% | $804.2M |
| Feb 5, 2026 | $4.79 | $4.74 | +1.1% | $751.2M |
| Oct 30, 2025 | $4.73 | $4.64 | +1.9% | $737.2M |
| Jul 31, 2025 | $4.21 | $4.12 | +2.2% | $664.6M |
| May 1, 2025 | $4.04 | $4.01 | +0.7% | $637.6M |
| Feb 6, 2025 | $4.09 | $4.01 | +2.0% | $621.7M |
| Oct 30, 2024 | $4.06 | $3.97 | +2.3% | $620.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 88.2× | 76.4× | 67th | Top 50% |
| P/E (forward) | 52.5× | — | — | — |
| EV / EBITDA | 68.9× | — | — | Bottom 39% |
| EV / Sales | 21.30× | — | — | Bottom 11% |
| Free-cash-flow yield | 0.83% | — | — | Bottom 33% |
| Earnings yield | 1.13% | — | — | Top 50% |
P/E over the past five years
Range 15.7× – 123.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +57.2%
- Earnings per share growth (TTM)
- -57.5%
- Change in P/E multiple
- +281.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 9
- Days above the 200-day average
- 10
- 50-day average slope (20 days)
- -2.1%
- 200-day average slope (20 days)
- +2.8%
- Distance from 50-day average
- +10.4%
- Distance from 200-day average
- +12.2%
- RSI (14)
- 66.3
- Relative volume
- 0.98×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 52.0%
- Volatility vs own 5-year history
- 50th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.95
- Correlation with S&P 500
- 0.60
- Current drawdown from 1-year high
- -14.8%
- Maximum drawdown, 3 years
- -51.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 21, 2024 | Apr 8, 2025 | -51.9% | 157 days | 124 days (Oct 6, 2025) |
| Nov 16, 2021 | Oct 14, 2022 | -46.3% | 229 days | 185 days (Jul 13, 2023) |
| Jun 3, 2026 | Sep 15, 2026 | -32.4% | 71 days | Not yet recovered |
| Jul 17, 2023 | Oct 25, 2023 | -32.1% | 71 days | 32 days (Dec 11, 2023) |
| Jan 21, 2021 | Mar 8, 2021 | -25.1% | 31 days | 94 days (Jul 21, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $70.73B
- P/E (TTM)
- 88.2
- EPS, diluted (TTM)
- $16.32
- Revenue (TTM)
- $3.27B
- Dividend yield
- 0.53%
- 52-week range
- $833.18 – $1,714.09
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.21B | $1.79B | $1.82B | $2.21B | $2.79B |
| Gross profit | $685.5M | $1.05B | $1.02B | $1.22B | $1.54B |
| Operating income | $262.4M | $526.8M | $481.7M | $539.4M | $728.6M |
| Net income | $242.0M | $437.7M | $427.4M | $1.79B | $615.9M |
| EPS (diluted) | $5.05 | $9.05 | $8.76 | $36.59 | $12.75 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $620.1M | $621.7M | $637.6M | $664.6M | $737.2M | $751.2M | $804.2M | $980.6M |
| Net income | $144.4M | $1.45B | $133.8M | $133.7M | $178.3M | $170.1M | $193.2M | $257.3M |
| EPS (diluted) | $2.95 | $29.88 | $2.79 | $2.78 | $3.71 | $3.46 | $3.92 | $5.23 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $320.0M | $246.7M | $638.2M | $788.4M | $838.2M |
| Capital expenditure | -$95.2M | -$58.8M | -$57.6M | -$146.1M | -$172.0M |
| Free cash flow | $224.8M | $187.8M | $580.6M | $642.3M | $666.2M |
| Dividends paid | -$109.4M | -$138.0M | -$185.8M | -$240.6M | -$284.8M |
| Net share buybacks | $22.0M | $11.2M | -$3.7M | -$636.2M | $1.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.41B
- Total assets
- $4.69B
- Total liabilities
- $790.8M
- Total debt
- $0
- Net debt
- -$1.01B
- Shareholders’ equity
- $3.90B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $2.00 | Oct 15, 2026 |
| Jun 30, 2026 | $2.00 | Jul 15, 2026 |
| Mar 31, 2026 | $2.00 | Apr 15, 2026 |
| Dec 31, 2025 | $1.56 | Jan 15, 2026 |
| Sep 30, 2025 | $1.56 | Oct 15, 2025 |
| Jun 30, 2025 | $1.56 | Jul 15, 2025 |
| Mar 31, 2025 | $1.56 | Apr 15, 2025 |
| Dec 31, 2024 | $1.25 | Jan 15, 2025 |
Short interest
- Shares sold short
- 1,906,839
- Days to cover
- 3.14
- Change vs previous report
- -4.6%
FINRA short interest, settlement date Sep 15, 2026.