Monolithic Power Systems Inc (MPWR, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $490.65 million, and the earnings are expected to come in at $2.18 per share. The full year 2024's revenue is expected to be $2.07 billion and the earnings are expected to be $9.82 per share. More detailed estimate data can be found here.
Monolithic Power Systems Inc (MPWR, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Monolithic Power Systems Inc (MPWR) have increased from $2.02 billion to $2.07 billion for the full year 2024, and from $2.43 billion to $2.52 billion for 2025. Earnings estimates have also seen an upward revision, moving from $9.69 per share to $9.82 per share for the full year 2024, and from $13.03 per share to $13.54 per share for 2025.
Monolithic Power Systems Inc (MPWR, Financial) Reported History
In the previous quarter of March 31, 2024, Monolithic Power Systems Inc's (MPWR) actual revenue was $457.89 million, which beat analysts' revenue expectations of $446.30 million by 2.6%. Monolithic Power Systems Inc's (MPWR) actual earnings were $1.89 per share, which beat analysts' earnings expectations of $1.85 per share by 2.16%. After releasing the results, Monolithic Power Systems Inc (MPWR) was up by 9.24% in one day.
Monolithic Power Systems Inc (MPWR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 10 analysts, the average target price for Monolithic Power Systems Inc (MPWR) is $863.14 with a high estimate of $1,000 and a low estimate of $750. The average target implies an upside of 2.92% from the current price of $838.66.
Based on GuruFocus estimates, the estimated GF Value for Monolithic Power Systems Inc (MPWR, Financial) in one year is $744.03, suggesting a downside of -11.28% from the current price of $838.66.
Based on the consensus recommendation from 14 brokerage firms, Monolithic Power Systems Inc's (MPWR, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
