Monolithic Power Systems stock got a Buy upgrade

Published on 10/07/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wall Street Zen upgraded Monolithic Power Systems from Hold to Buy on October 3, 2026, while the consensus stayed Moderate Buy. Q2 revenue reached USD 980.64 million.

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Monolithic Power Systems stock (ISIN US6098391054) carried a market capitalization of USD 70.4 billion on October 7, 2026. The immediate catalyst is a rating upgrade from Wall Street Zen, which moved the shares from Hold to Buy on October 3, 2026, according to MarketBeat.

Buy upgrade meets strong earnings

The upgrade follows Monolithic Power Systems' second-quarter report, which showed quarterly earnings per share of USD 6.50 against consensus of USD 5.87. The USD 0.63 beat came with revenue of USD 980.64 million, compared with estimates of USD 903.30 million, according to MarketBeat.

Revenue increased 47.6 percent from the same quarter a year earlier, while the prior-year comparison included EPS of USD 4.21. The combination gives the rating change a measurable operating foundation rather than a purely valuation-driven signal.

Consensus target stays above price

MarketBeat lists a Moderate Buy consensus based on one Strong Buy, 12 Buy and two Hold ratings, with an average target of USD 1,731.42. That target lies 20.9 percent above the October 7 price of USD 1,432.19, using the same USD currency and the Nasdaq reference quote.

A separate Investing.com report said TD Cowen kept a Buy rating and a USD 1,850 target after investor meetings on October 5, 2026. The firm raised its 2027 revenue estimate to USD 5.3 billion and its 2027 EPS estimate to USD 35.45.

Stock remains below yearly high

Monolithic Power Systems stock was last at USD 1,432.19 on Nasdaq on October 7, 2026 at 10:24 a.m. ET, down 2.82 percent from the prior close. The session range was USD 1,412.68 to USD 1,450.70, while the 52-week range stood at USD 833.18 to USD 1,714.09.

The current quote sits 16.5 percent below the 52-week high, leaving the analyst target and the next earnings report as the main numerical checkpoints for the valuation discussion. Trading volume was 53,233 shares at the quoted time.