Monolithic Power Systems, Inc. (MPWR) earnings on July 30, 2026

After the market closes Q2 2026

More Monolithic Power Systems, Inc. earnings

Prior outlook: Optimistic Outcome: Accurate

The chip company MPWR jumped after reporting earnings, climbing as much as 19% during the day before ending up 8.35%. The stock rose sharply despite pulling back from its highs.

MPWR price around the earnings

1426.03

Change: +8.3%

2026-07-31, 20:00 UTC

Start of the measured window End of the measured window
1309.48 1392.57 1475.67 1558.76 1316.18
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 30, 2026 July 31, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Analysts cite strong growth with a price target about 34.9% above the current price and a 100% beat rate, but recent trend strength is negative.

Context analyzed before publication

Trend
Volatile trajectory with recent run-up, but the trend strength on the last day is negative, creating mixed contexts into earnings.

Analysts

Evidence

Analyst consensus
Strong buy
Consensus average (1-5)
1.4
Analysts covering the stock
13
Average price target
1,776.92
Lowest price target
1,500
Highest price target
2,000
Upside to price target
34.9%
Quarterly earnings growth
43.1%
Revenue growth
26.1%
Forward EPS
30.59
Trailing EPS
13.99
Analyst moves in the last 60 days
1
  • Strong buy: 2
  • Buy: 11
  • Hold: 2
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
11
Hold
2
Sell
0
Strong sell
0
  • July 20, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Price when the context was analyzed
1,249.53
Average true range (ATR)
6.3%
Distance to 52-week high
-21.9%
14-day change (14d)
-7.6%
30-day change (30d)
-4.8%
30-day relative strength
+3.8%
QQQ change (30d)
-8.6%
Nearest support
1,233.37
Distance to nearest support
1.3%
Nearest resistance
1,259.53
Distance to nearest resistance
0.8%
Volume accumulation ratio (14d / 46d)
1.04
  • Mid: 1,233.37 (1.3% away, 0.2 ATR, 18 touches)
  • Minor: 1,221.72 (2.2% away, 0.35 ATR, 9 touches)
  • Minor: 1,194.94 (4.4% away, 0.69 ATR, 6 touches)
  • Mid: 1,259.53 (0.8% away, 0.13 ATR, 16 touches)
  • Mid: 1,275.79 (2.1% away, 0.33 ATR, 14 touches)
  • Mid: 1,298.99 (4% away, 0.63 ATR, 12 touches)

Trends

Evidence

Average earnings surprise
+2.4%
  • April 30, 2026: actual EPS 5.1 vs estimate 4.9 (surprise +4.0%)
  • February 5, 2026: actual EPS 4.79 vs estimate 4.74 (surprise +1.1%)
  • October 30, 2025: actual EPS 4.73 vs estimate 4.64 (surprise +2.0%)
  • July 31, 2025: actual EPS 4.21 vs estimate 4.12 (surprise +2.3%)

Expected move

Implied move
+4.6%
Source
Options chain

Reactions over its last 20 earnings

Median move
8.1%
75th percentile move
10.4%
90th percentile move
11.7%
Up / down moves
14 / 6
Average up move
+8.0%
Average down move
-7.3%

Monitoring and close

What Monolithic Power Systems, Inc. reported

Status
Finished
Actual EPS6.5
EPS estimate5.87
EPS surprise+10.7%
Revenue$981 million
Revenue estimate$902 million
Revenue surprise+8.7%

Monolithic Power Systems beat Q2 expectations with record earnings and revenue, and issued optimistic Q3 guidance. The company also expanded its share buyback program.

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +10.7% pre-market, a move in line with the stock's usual reaction (about 8%). The figures confirm the optimistic scenario. Across our market history, in the 1,431 similar cases the close held that direction 96% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
+8.3%
Max favorable move (MFE)
19.2%
Max adverse move (MAE)
1.2%