Wells Fargo cuts target for Monolithic Power stock to USD 1,550
Published on 10/21/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision and operating scale
- Wells Fargo cut its target from USD 1,800.00 to USD 1,550.00 on October 20, 2026.
- Second-quarter revenue reached USD 980.64 million, up 47.60 percent year over year.
- Monolithic Power stock traded at EUR 1,137.00 at 10:33 a.m. CEST at Lang & Schwarz on October 21, 2026.
- Third-quarter results are scheduled for October 29, 2026, after the market closes.
Monolithic Power Systems (ISIN US6098391054) traded at EUR 1,137.00 at Lang & Schwarz on October 21, 2026 at 10:33 a.m. CEST. Markets Insider reported on October 20, 2026 that Wells Fargo cut its target from USD 1,800.00 to USD 1,550.00 while keeping an Overweight rating.
Target cut tests the valuation
The revision puts valuation back at the center of the stock story before the next earnings report. Wells Fargo cited a cooler tone across analog semiconductor stocks, while continued expectations for strong earnings beats and raised outlooks make the setup more demanding.
Transcript Daily said on October 14, 2026 that KeyCorp lifted its third-quarter adjusted earnings-per-share forecast to USD 7.10 from USD 5.61 and maintained a USD 2,100.00 target. That contrast shows how sharply analyst views differ around growth and valuation.
What does the next quarter need to prove?
Transcript Daily reported that second-quarter revenue reached USD 980.64 million, up 47.60 percent from the same quarter a year earlier. The same report put quarterly earnings per share at USD 6.50 against a USD 5.87 consensus estimate, although the source does not identify the measure as GAAP or adjusted.
Three dated signals for MPWR
On September 11, 2026, Monolithic Power announced a USD 2.00 quarterly dividend. On October 8, 2026, the company announced that third-quarter results would be released on October 29, 2026. On October 20, 2026, Wells Fargo cut its target from USD 1,800.00 to USD 1,550.00.
Dates before the next report
Nasdaq reported that Monolithic Power will release third-quarter 2026 results after the market closes on October 29, 2026, followed by a question-and-answer webinar at 5:00 p.m. ET.
Revenue growth meets a high bar
Monolithic Power designs power-management semiconductors for data-center, automotive, industrial and consumer applications. Its second-quarter revenue growth gives the company a substantial operating base, but the Wells Fargo target cut shows that investors are also weighing the price paid for that growth.
At Lang & Schwarz, Monolithic Power stock was trading at EUR 1,137.00 on October 21, 2026 at 10:33 a.m. CEST. The Nasdaq-listed stock had a USD 833.18 to USD 1,714.09 52-week range and a USD 61.4 billion market capitalization in the October 21, 2026 market data reported by Simply Wall St. The further course of trading is shown by the continuously updated real-time quote of Monolithic Power stock.
Monolithic Power stock facts
- Company: Monolithic Power Systems, Inc.
- ISIN: US6098391054
- Ticker: MPWR
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 10:33 a.m. CEST): EUR 1,137.00
- Market capitalization: USD 61.4 billion (as of October 21, 2026)
- 52-week range: USD 833.18-USD 1,714.09 (as of October 21, 2026)
- Sector / Industry: Technology / Semiconductors
- Next earnings date: October 29, 2026
Market context: Market report Nasdaq Composite.
