Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sohini Mondal

YOU WONT BELIEVE: What are wall street analysts target price for monolithic power systems stock - What They Never Told You

With a market cap of $56.9 billion, Monolithic Power Systems, Inc. (MPWR) is a global designer and supplier of semiconductor-based power electronics solutions serving markets such as data centers, automotive, industrial, communications, and consumer electronics across the U.S., Asia, and Europe. It specializes in DC-to-DC and AC-to-DC power management ICs sold through a broad network of distributors, OEMs, and design manufacturers worldwide.

Shares of the Kirkland, Washington-based company have surpassed the broader market over the past 52 weeks. MPWR stock has surged 69% over this time frame, while the broader S&P 500 Index ($SPX) has risen 11.8%. Moreover, shares of the company have increased 29.1% on a YTD basis, compared to SPX's marginal gain.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.