Monolithic Power Systems, Inc. found using ticker (MPWR) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 180 and 155 calculating the average target price we see 168.57. Given that the stocks previous close was at 164.31 this now indicates there is a potential upside of 2.6%. The 50 day moving average now sits at 159.05 and the 200 moving average now moves to 147.33. The company has a market cap of $7,173m. 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.