Monolithic Power Systems (NASDAQ: MPWR) Price Target Raised Amid Strong Financials and Semiconductor Growth

Font: Financial Modeling Prep  • May 01, 2026

• An analyst has raised the price target for Monolithic Power Systems (MPWR) to $1,700.00, indicating a potential 5.3% upside.
• The company reported strong Q1 earnings of $5.10 per share, beating estimates, and achieved record quarterly revenue of $804.2 million, driven by growth in its Communications end market.
• Monolithic Power Systems (MPWR) secured a favorable resolution in a patent lawsuit, further strengthening its market position.

An analyst at Oppenheimer recently raised the Monolithic Power Systems (NASDAQ: MPWR) price target to $1,700.00. Monolithic Power Systems, a leading provider of high-performance power solutions, operates within the competitive semiconductor industry. With a market capitalization of approximately $79.3 billion, the new target suggests a potential 5.3% upside from its current stock price of $1,614.41.

This positive outlook is supported by strong financial results. As highlighted by Zacks, Monolithic Power Systems reported Q1 earnings of $5.10 per share, beating analyst estimates of $4.89. This marks the fourth straight quarter the company has surpassed consensus earnings estimates, showing a pattern of consistent performance and profitability.

The company also achieved a record quarterly revenue of $804.2 million, a 26.1% increase from the same quarter last year. This revenue growth is driven by its Communications end market, which grew 33% sequentially. Monolithic Power Systems also notes that its business pipeline for the Automotive and Enterprise Data markets is accelerating.

Adding to the positive news, Monolithic Power Systems announced a favorable resolution in a patent lawsuit, as reported by GlobeNewswire. A U.S. District Court ruled in favor of the company, finding it did not infringe on patents held by Bel Power Solutions. As part of the case's dismissal, Bel Power will pay Monolithic Power Systems' court costs of $50,000.00.