Monolithic Power Systems, Inc. - Common Stock (MPWR)
588.15
+9.23 (1.59%)
Monolithic Power Systems is a technology company that specializes in the design and manufacturing of high-performance analog and mixed-signal semiconductor solutions
They develop a range of power management products, including voltage regulators, power converters, and LED drivers, which are essential for a variety of applications in industries such as automotive, telecommunications, computing, and consumer electronics. The company is known for its innovative approach to delivering efficient and compact power solutions that optimize energy consumption and enhance the performance of electronic devices. Through their expertise in power management technology, Monolithic Power Systems aims to support the growing demand for energy-efficient and sustainable electronic systems.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Monolithic Power Systems (NASDAQMPWR) and the rest of the analog semiconductors stocks fared in Q4.
Semiconductors are the silicon backbone of the digital revolution. Demand for chips is variable though, meaning that corporate inventory levels and sentiment can significantly impact the industry.
Uncertainty surrounding these factors has hurt semiconductor stocks over the past six months as they have pulled back by 7.5%. This drawdown is a far cry from the S&P 500’s 9% ascent.
Semiconductors are the picks and shovels of modern technology. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand, and investors seem to believe that inventory levels are correcting -
over the past six months, the industry has shed 7.5%. This drawdown is a stark contrast from the S&P 500’s 9% gain.
Shares of power management chips maker Monolithic Power Systems (NASDAQMPWR)
jumped 16.3% in the afternoon session after the company reported strong fourth-quarter results and provided revenue guidance for the next quarter that exceeded analysts' expectations. Growth was led by a 51.2% surge in Enterprise Data sales and a 43% increase in Automotive revenue, reflecting strong demand for AI-related power management and advanced driver assistance systems. The bottom line also improved as its EPS outperformed Wall Street's estimates. Overall, we think this was a solid quarter with some key areas of upside.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Friday. Uncover the top gainers and losers in today's session for valuable insights.
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Based on a technical and fundamental analysis of NASDAQ:MPWR we can say: MONOLITHIC POWER SYSTEMS INC (NASDAQMPWR)—Positioned as a High-Growth Stock, Ready for a Potential Breakout.
Power management chips maker Monolithic Power Systems (NASDAQMPWR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 36.9% year on year to $621.7 million. On top of that, next quarter’s revenue guidance ($620 million at the midpoint) was surprisingly good and 6.5% above what analysts were expecting. Its non-GAAP profit of $4.09 per share was 2.9% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Thursday. Below you can find the top gainers and losers in today's after hours session.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
