Monolithic Power Systems has reported
positive Q1 results, beating estimates with a
revenue surge of US$638 Million. Despite the company experiencing a dip in their stock, Northern Trust Corp has
increased their stock holdings in the company. Moreover,
Citi and
Keybanc have
boosted their
price target for Monolithic Power Systems, maintaining a 'buy' rating. Mixed opinions surround the company's stock - while some shareholders seem to be looking for an exit, analysts argue that it's the right time to watch or even invest in Monolithic Power Systems as it promises the
best growth stock or an economic recovery stock.
Q2 financial metrics are also projected and a
tariff turmoil is considered. Notably, the company's Q1 earnings beat estimates and revenue expectations, despite allegations of
securities fraud. The
AI data center segment, a key part of the company, reported sluggish quarterly sales.
Monolithic Power Systems MPWR News Analytics from Fri, 28 Feb 2025 08:00:00 GMT to Sat, 03 May 2025 13:36:14 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 4