$MPWR

Monolithic Power Systems (MPWR) saw $69.6 million in net ETF buying on Oct. 23, led by SOXX's $58.4 million addition. The trend follows recent net inflows of $43.8 million and $93.4 million on Oct. 21 and 20, respectively, after a $6.7 million outflow on Oct. 22. MPWR operates in the semiconductor industry with a market cap of $57.4 billion.

KeyBanc maintained its Overweight rating on Monolithic Power Systems (MPWR) with a $2,100 price target, citing strong demand in Enterprise Data and AI. The firm expects higher revenue and earnings for Q3 and Q4 2026, driven by server CPU demand and Vera Rubin ramp. MPWR raised prices for PCs and servers in Q3 2026. The stock trades at a forward P/E of 32x, below its 3-year median of 43x.

Monolithic Power Systems (MPWR) stock has dropped 30%+ in 5 of the last 10 years. Free cash flow fell 23% YoY in Q2 2026, despite revenue rising 47.6%. Over 12 months to June 2026, free cash flow as % of revenue declined to 17.8% from 28% YoY. Dividends consumed 56% of free cash flow. Stock down 15.4% 6 months to Oct 21, 2026, trading at 78.4x P/E. Management reports strong orders and low debt.

ETFs bought $93.4M of Monolithic Power Systems (MPWR) on Tuesday, with 29 funds adding shares. SOXX was the largest buyer, increasing its stake by 6.07%. MPWR's TTM revenue is $3.27B, up 27.1% YoY, with a P/E of 78.64. The stock is up 42.3% YTD.

Shares of Western Digital, Nova, Amtech, Monolithic Power Systems, and Texas Instruments rose due to strong AI hardware demand and robust corporate earnings. SpaceX reported a 161% revenue jump, with its AI business growing ninefold. Elon Musk announced merger talks between SpaceX and Tesla, boosting market sentiment. Western Digital's stock is up 102% year-to-date but remains 49.3% below its 52-week high.

Monolithic Power Systems (MPWR) trades at 64.4x adjusted earnings, but future forecasts suggest lower multiples. Fiscal 2026 and 2027 earnings forecasts are $1.33B and $1.75B, respectively. Sales growth is projected at 29.2% for fiscal 2027, with net margins expected to widen. Management has not provided fiscal 2027 guidance, and analyst estimates vary.

Monolithic Power Systems (MPWR) shares rose 4.82% to $1,269.24 on October 19, ahead of earnings. Barron's listed it as a semiconductor buy. Q2 revenue grew 47.6% to $980.6M, with Enterprise Data revenue up to $380.6M. Management cited AI and server applications as growth drivers.

Gate announced it completed dividend credits in Tether (USDT) for U.S.-listed stocks and ETFs, with a 10% withholding deduction. The process covered dividends from Oct. 13-16, including shares of Lam Research (LRCX), Intuit (INTU), Mondelez (MDLZ), Thermo Fisher (TMO), and Monolithic Power (MPWR).

Monolithic Power Systems (MPWR) rose 5.3% to $1275.06 on Monday, alongside a broad rally in semiconductor stocks. Peers Intel (INTC) and Marvell (MRVL) gained 4.2% and 6.7%, respectively. The move was driven by sector-wide buying, with MPWR's market cap reaching $62.7 billion. No company-specific catalyst was identified, and the rally reflects broader investor interest in chip stocks.

Analysts have issued mixed opinions on three technology stocks. Wells Fargo's Richard Poland maintained a Sell rating on Fortinet (FTNT) with a $160 price target, while the consensus is Hold with an average target of $175.21. Bernstein's Daniel Zhu kept a Hold rating on Corning (GLW) with a $140 target, though the consensus is Moderate Buy with a $183.70 target.