Monolithic Power Systems, Inc. with ticker code (MPWR) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 180 and 155 calculating the mean target price we have 168.57. Now with the previous closing price of 152.28 this indicates there is a potential upside of 10.7%. The 50 day moving average now sits at 151.1 and the 200 moving average now moves to 143.16. The company has a market cap of $6,540m. You can visit the company’s website by visiting: http://www.monolithicpower.com
Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment. The company also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination applications. The company sells its products through third-party distributors, and resellers, as well as directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers in China, Taiwan, Europe, Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was founded in 1997 and is headquartered in Kirkland, Washington.