Price Targets Raised on Monolithic Power Systems Stock

Analysts have begun raising their price targets for Monolithic Power Systems, reflecting their growing confidence in the company's prospects. KeyBanc is now looking for a price of $2,000, a substantial increase from their previous $1,500 target. Wolfe Research and Stifel have also raised their targets to $1,820 and $1,800 respectively.

Wells Fargo's analysts are also more bullish on the company, with a new target of $1,860. While the reasons for these revised forecasts highlight the company's strengths in data center and AI markets, the timing and magnitude of the upgrades remain unclear.

The consensus upgrades are driven by MPWR's outsized exposure to the data center power management market — a segment growing at roughly 30–40% annually as AI workloads demand increasingly precise and efficient power delivery at the chip level. Monolithic Power's analog semiconductor design expertise positions it as an enabling technology for GPU and ASIC-based compute clusters, with major AI server rack designs representing a growing and hard-to-displace portion of its revenue mix. The new price targets — ranging from $1,800 to $2,000 — imply 15–25% upside from current levels, reflecting analyst confidence that data center spending remains durable even amid broader macro uncertainty.

Related Stocks

• MPWR
• RJF