Monolithic Power stock: Wells Fargo cuts target to USD 1,550.00 for Monolithic Power stock

Published on 10/21/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 980.64 million, up 21.94 percent. Monolithic Power stock costs EUR 1,143.00 on October 21, 2026 at 5:41 p.m. CEST.

Analyst target and results

Wells Fargo cut its Monolithic Power target from USD 1,800.00 to USD 1,550.00 on October 20, 2026.
Second-quarter revenue reached USD 980.64 million, up 21.94 percent from the first quarter.
Monolithic Power stock costs EUR 1,143.00 at Lang & Schwarz on October 21, 2026 at 5:41 p.m. CEST.

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Monolithic Power Systems stock (ISIN US6098391054) is trading at EUR 1,143.00 at Lang & Schwarz on October 21, 2026 at 5:41 p.m. CEST. Wells Fargo cut its price target from USD 1,800.00 to USD 1,550.00 on October 20, 2026, while maintaining its Buy rating, as Moomoo reported. The revised target stands 20.89 percent above the Nasdaq price of USD 1,282.13 at 11:43 a.m. EDT on October 21, 2026.

Revenue growth remains substantial

Monolithic Power reported second-quarter 2026 revenue of USD 980.64 million, up 21.94 percent from USD 804.19 million in the first quarter. Net income attributable to common shareholders reached USD 257.30 million, while diluted earnings per share were USD 5.22 for the quarter.

The latest quarter also carried a 31.00 percent operating margin. The reported figures come from the standardized second-quarter financial statement data for the period ended June 30, 2026, while Simply Wall St also identified second-quarter revenue of USD 980.60 million and year-over-year growth of 47.60 percent.

Stock stays below its yearly high

The Nasdaq price of USD 1,282.13 on October 21, 2026 was below the 52-week high of USD 1,714.09 and above the 52-week low of USD 833.18. The current-year performance was plus 37.78 percent, and the market capitalization stood at USD 63.0 billion.

Monolithic Power focuses on power-management semiconductors used in data centers, automotive systems, industrial equipment and consumer electronics. Its Nasdaq listing uses the ticker MPWR, and the company operates in the semiconductor industry.

Results date is October 29

Monolithic Power is scheduled to report third-quarter 2026 results after the market close on October 29, 2026, according to MarketScreener. The upcoming report will follow the second-quarter revenue of USD 980.64 million and the 31.00 percent operating margin.

Target cut changes the valuation frame

Wells Fargo's new USD 1,550.00 target is lower than its previous USD 1,800.00 level but remains above the latest Nasdaq price. The change gives the October 29 results added importance because investors will compare third-quarter revenue and margin with the strong second-quarter base.