Here's What to Expect From Monolithic Power Systems' Next Earnings Report

West Palm Beach, Florida-based Monolithic Power Systems, Inc. (MPWR) provides semiconductor-based power electronics solutions in the United States and internationally. The company has a market cap of $64.8 billion and offers direct current (DC) to DC solutions to convert and control voltages within a range of electronic systems, including cloud-based and on-premises CPU servers and workstations, AI systems, memory, storage solutions, and more. 

MPWR is expected to release its Q3 2026 earnings on Thursday, October 29, after the market closes. Ahead of the event, analysts expect the company’s EPS to be $6.53 on a diluted basis, up 75.5% from $3.72 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.

For fiscal 2026, analysts project the company’s EPS to be $23.32, up 82.3% from $12.79 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 30.5% year over year (YoY) to $30.43 in fiscal 2027.  

Monolithic Power shares have surged 32.2% over the past 52 weeks, rallying the S&P 500 Index’s ($SPX) 19.2% rise but lagging behind the State Street Technology Select Sector SPDR ETF’s (XLK) 41.1% rise during the same time frame.   

On Sept. 1, MPWR stock declined 3.3% after crude oil prices surged, accompanied by a jump in benchmark Treasury yields. The rising prices brought up concerns over inflation and prolonged corporate borrowing costs. Following several U.S. military strikes in Iran, and news of new strikes also being on the horizon, the 10-year Treasury yield climbed to about 4.79%, marking a 20-month high. Geopolitical tension leading to higher energy and logistics costs ultimately led to concern over tightening margins across global chip supply chains. 

Analysts are also highly optimistic about MPWR, with the stock having a “Strong Buy” rating overall. Among the 14 analysts covering the stock, 10 recommend a “Strong Buy,” two recommend a “Moderate Buy,” and two recommend a “Hold.” MPWR’s average analyst price target of $1,822.25 offers a 38.1% upside potential.

On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.