Stay updated with breaking news from Monolithic Power. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Stifel Nicolaus in a report released on Tuesday, Benzinga reports. They presently have a $600.00 target price on the semiconductor company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 36.38% from the company’s previous close. Other […]
Power management chips maker Monolithic Power Systems (NASDAQ:MPWR) reported results in line with analysts' expectations in Q3 FY2023, with revenue down 4.15% year on year to $474.9 million. The company also expects next quarter's revenue to be around $452 million, slightly below analysts' estimates. Turning to EPS, Monolithic Power Systems made a non-GAAP profit of $3.08 per share, down from its profit of $3.53 per share in the same quarter last year.
Monolithic Power Systems said it would buy back up to $640 million-worth company shares and reported largely in-line results on Monday, sending its stock up 8% in trading after the bell. ...
Real-time index price for KBW Premium Yield Equity REIT Index (KYX), along with buy or sell indicators, analysis, charts, historical performance, news and more
Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. The […]