Monolithic Power Systems, Inc. (MPWR) earnings on July 30, 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
- 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
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%
News
Sources (2)
- Wells Fargo Maintains Overweight on Monolithic Power Systems, Lowers Price Target to $1700 (opens in a new tab) — Benzinga
- If You Invested $1000 In Monolithic Power Systems Stock 15 Years Ago, You Would Have This Much Today (opens in a new tab) — Benzinga
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 EPS | 6.5 |
|---|---|
| EPS estimate | 5.87 |
| 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.
Sources (10)
- Monolithic (MPWR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (opens in a new tab) — Zacks
- Monolithic Power (MPWR) Tops Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
- Monolithic Power Systems Increases Buyback Plan By $500M To Total Authorization To $1B (opens in a new tab) — Benzinga
- Monolithic Power Systems (NASDAQ:MPWR) Soars After Q2 Earnings Beat (opens in a new tab) — ChartMill
- Monolithic Power Systems (NASDAQ:MPWR) Beats Expectations in Strong Q2, Stock Jumps 10.5% (opens in a new tab) — StockStory
- Monolithic Power Systems Sees Q3 Sales $1.140B-$1.160B vs $981.875M Est (opens in a new tab) — Benzinga
- Monolithic Power Systems beat expectations with adjusted EPS of $6.50 versus $5.87 estimated, and revenue of $980.6M topping $902.5M. — Benzinga
- Monolithic Power Systems Q2 Adj. EPS $6.50 Beats $5.87 Estimate, Sales $980.642M Beat $902.496M Estimate (opens in a new tab) — Benzinga
- Monolithic Power Systems Reports Second Quarter Results on July 30, 2026 (opens in a new tab) — Yahoo
- Could Monolithic Power Systems' (MPWR) Lofty Earnings Projections Reframe Its AI Investment Narrative? (opens in a new tab) — Simply Wall St.
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%