Monolithic Power initiated with a Hold at Loop Capital
Loop Capital initiated coverage of Monolithic Power with a Hold rating and $660 price target.
Why Monolithic Power Systems Plunged Today
Earnings beat expectations, but the outlook was too murky for investors in this high-priced stock.
What's Big, Growing, And Down 18% Post Earnings? Reiterating Buy On Monolithic Power
We're reiterating a Buy rating on Monolithic Power Systems, Inc. post Q3 FY24 earning results and the 18% pullback that followed. The pullback signifies that the market is really treating MPWR like an AI name, with RSI hitting oversold territory on guidance of $600M-$620M versus consensus of $603M. MPWR's position within the AI GPU market remains unique, and we expect more content and unit gains as AI power needs expand.
Monolithic Power's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
MPWR reports strong third-quarter 2024 results backed by solid growth in all verticals.
Monolithic Power Systems, Inc. (MPWR) Q3 2024 Earnings Call Transcript
Monolithic Power Systems, Inc. (NASDAQ:MPWR ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Bernie Blegen - Executive Vice President and Chief Financial Officer Michael Hsing - Chairman of the Board, President and Chief Executive Officer Tony Balow - Vice President of Finance Conference Call Participants Rick Schafer - Oppenheimer Tore Svanberg - Stifel Joshua Buchalter - Cowen Chris Caso - Wolfe William Stein - Truist Ross Seymore - Deutsche Bank Quinn Bolton - Needham Genevieve Cunningham Welcome, everyone, to the MPS Third Quarter 2024 Earnings Webinar. My name is Genevieve Cunningham and I will be the moderator for this webinar.
Monolithic (MPWR) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Monolithic (MPWR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Monolithic Power (MPWR) Beats Q3 Earnings and Revenue Estimates
Monolithic Power (MPWR) came out with quarterly earnings of $4.06 per share, beating the Zacks Consensus Estimate of $3.96 per share. This compares to earnings of $3.08 per share a year ago.
Will Top Line Expansion Boost Monolithic Power's Q3 Earnings?
MPWR is expected to have witnessed top-line growth year over year in the third quarter, backed by solid demand trends in the Enterprise Data, Communications, Storage and Computing segments.
Gear Up for Monolithic (MPWR) Q3 Earnings: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Monolithic (MPWR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
These two stocks reporting earnings soon typically beat expectations: should you buy?
Investing in a stock just before the release of its quarterly financial results can be a risky bet. However, if you identify companies with a history of beating expectations, the dynamics change.
Monolithic (MPWR) Moves to Buy: Rationale Behind the Upgrade
Monolithic (MPWR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Monolithic Power Systems' price target raised to $994 by Truist: Is this a buy signal?
On October 2, 2024, Truist analysts raised their price target for Monolithic Power Systems (NASDAQ: MPWR) to $994, up from $914, representing a potential upside of more than 10% from the previous day's close. Following the announcement, MPWR shares saw a 3% gain in early trading.
