TD Cowen keeps Buy on Monolithic Power Systems stock at USD 1,850

Published on 10/07/2026 at 15:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 47.60 percent to USD 980.64 million. Monolithic Power Systems stock costs EUR 1,288.75 on October 7, 2026 after EUR 1,301.75.

Schwarzweiß-Reportagefoto von Ingenieuren bei der Prüfung von Leiterplatten — Monolithic Power Systems (ISIN US6098391054) zeigt Ingenieure, die Leistungshalbleiter-Platinen in Schwarzweiß prüfen, Illustration mit AI erstellt.

Monolithic Power Systems stock (ISIN US6098391054) was trading at EUR 1,288.75 at Lang & Schwarz on October 7, 2026, down 1.00 percent versus the prior close of EUR 1,301.75. The latest analyst signal came from TD Cowen, which reiterated a Buy rating and a USD 1,850 price target on October 5, 2026, according to Investing.com.

Analyst target stays above the quote

TD Cowen's USD 1,850 target is USD 561.25 above the Lang & Schwarz price when compared in different currencies only as separate market references, so no percentage distance is applied. The analyst also lifted its 2027 revenue estimate to USD 5.3 billion and its 2028 revenue estimate to USD 6.2 billion, according to Investing.com.

Second-quarter revenue sets the base

Monolithic Power Systems reported USD 980.64 million of revenue in the second quarter of 2026, up 47.60 percent from the second quarter of 2025. GAAP net income reached USD 257.30 million, while diluted GAAP earnings per share were USD 5.22 and operating margin was 31.00 percent, according to Stock Titan.

The strongest reported segment was Enterprise Data, with revenue of USD 380.60 million, up 164.30 percent year over year. For the third quarter of 2026, management forecast revenue of USD 1.14 billion to USD 1.16 billion, alongside GAAP gross margin of 55.20 percent to 55.80 percent, according to Stock Titan.

Singapore capacity points to 2027

On September 9, 2026, Monolithic Power Systems and GlobalFoundries announced a long-term manufacturing agreement for MPS power management solutions at a 300mm facility in Singapore. Volume production is planned for early 2027 and is aimed at automotive, industrial robotics, data center and artificial intelligence infrastructure markets, according to GlobalFoundries.

The agreement gives the growth narrative a supply-side component: revenue expansion must now be matched by manufacturing capacity and dependable access to advanced production. That link matters because Enterprise Data revenue already grew 164.30 percent year over year in the second quarter.

Stock trades below its prior close

At Lang & Schwarz, Monolithic Power Systems was trading at EUR 1,288.75 on October 7, 2026 at 3:37 p.m. CEST, down 1.00 percent versus the prior close of EUR 1,301.75 on October 6, 2026. The finance quote for the Nasdaq-listed stock showed a market capitalization of USD 69.9 billion and a 52-week range of USD 833.18 to USD 1,714.09 as of October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Monolithic Power Systems stock.