Monolithic Power (MPWR) Gets a Buy Rating from Oppenheimer

Oppenheimer analyst Rick Schafer maintained a Buy rating on Monolithic Power (MPWRResearch Report) today and set a price target of $150. The company’s shares closed yesterday at $125.54.

According to, Schafer is a top 100 analyst with an average return of 13.3% and a 65.4% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as Akoustis Technologies, Skyworks Solutions, and Texas Instruments.

Monolithic Power has an analyst consensus of Strong Buy, with a price target consensus of $149.13.

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Based on Monolithic Power’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $31.57 million. In comparison, last year the company had a net profit of $23.64 million.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock.

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Monolithic Power Systems, Inc. engages in the provision of power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. It operates through the following segments: Consumer, Industrial, Computing and Store, and Communications.

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