Monolithic Power stock carries 47.6 percent revenue growth into Q3

Published on 10/06/2026 at 18:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Monolithic Power stock carries Q2 revenue of USD 980.642 million, up 47.6 percent year over year. TD Cowen kept a USD 1,850 target on October 5, 2026.

Pop-Art-Comic-Illustration eines Ingenieurs mit leuchtendem Mikrochip im Labor — Monolithic Power Systems (ISIN US6098391054) wird als farbenfrohe Pop-Art-Comic-Szene mit Ingenieur und Mikrochip gezeigt, Illustration mit AI erstellt.

Monolithic Power Systems stock (ISIN US6098391054) was last at USD 1,477.36 on Nasdaq on October 6, 2026 at 12:14 p.m. ET, down 0.17 percent from the prior close. The company enters the next results cycle with Q2 2026 revenue of USD 980.642 million, up 47.6 percent from the year-earlier quarter, according to Markets Insider on October 4, 2026.

Q2 growth sets a high bar

The June quarter produced net income of USD 257.298 million and diluted GAAP earnings per share of USD 5.22, based on the latest quarterly financial statement. The reported revenue compares with USD 664.57 million in Q2 2025, while net profit rose from USD 133.73 million, according to Markets Insider.

The operating margin was 31 percent in Q2 2026, compared with 30 percent in Q1 2026. The combination of higher sales and a slightly wider operating margin gives the stock a demanding near-term comparison base as investors assess the September quarter.

Analysts keep the target above price

TD Cowen reiterated a Buy rating and a USD 1,850 price target on October 5, 2026, after investor meetings, as Investing.com reported. The target lies 25.2 percent above the October 6 price, making the gap a clear test of whether operating growth can continue to justify the valuation.

The same report said TD Cowen raised its 2027 revenue estimate to USD 5.3 billion and its 2027 earnings-per-share estimate to USD 35.45. For 2028, the estimates were raised to USD 6.2 billion in revenue and USD 40.87 in earnings per share.

MPWR remains near its yearly high

Monolithic Power Systems had a market capitalization of USD 72.6 billion on October 6, 2026, with 125,984 shares traded in the finance-data session. Its 52-week range was USD 833.18 to USD 1,714.09, placing the latest price 13.8 percent below the yearly high.

The stock was last at USD 1,477.36 on Nasdaq on October 6, 2026 at 12:14 p.m. ET. The next investor checkpoint is the Q3 2026 report, with Nasdaq listing October 29, 2026 as the estimated announcement date.