Monolithic Power Systems: Robust Growth, But Price Is Stretched

2026-03-11 11:02:33 ET

By Anthony Goh, Senior Investment Research Analyst @ Khaveen Investments

In our previous pitch on Monolithic Power Systems ( MPWR ), also known as MPS, we were positive because the company was still putting up strong growth even while the broader analog market was weak. The key points were that MPWR was gaining share in power semiconductors, its packaging and product execution supported smaller and more efficient solutions, and its mix was increasingly shifting toward faster growth end markets like enterprise data and data center power. We also highlighted that the company’s growth was showing up in the numbers, with strong 2024 growth and an even stronger Q1 run rate, and that valuation still looked reasonable relative to its growth and margin expansion potential....

Read the full article on Seeking Alpha

For further details see: