Monolithic Power Systems jumps on upbeat revenue forecast

Monolithic Power Systems

31/07/2026 10:23

** Shares of Monolithic Power Systems MPWR.O jump over 7% to $1,421.29 in premarket trading
** Co, whose customers include Nvidia NVDA.O, forecast Q3 revenue in the range of $1.14 billion to $1.16 billion, above analysts' average estimate of $981.9 million, according to data compiled by LSEG
** MPWR's chips are used in AI servers, data centers, cars, and industrial equipment
** Co also reported Q2 revenue of $980.6 million, above analysts' estimate of $902.5 million
** Adjusted EPS for the reported quarter came in at $6.5 vs estimates of $5.87 
** Sixteen out of 19 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $1,800 - LSEG data
** Up to last close, stock is up 45.2% YTD

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))