Monolithic Power stock hits 52-week low at $546.65

Monolithic Power Systems, Inc. (NASDAQ:MPWR) stock has reached a new 52-week low, trading at $546.65, marking a steep 35.7% decline over the past six months. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, with analysts setting price targets as high as $1,100. This latest price point marks a significant drop for the company, which specializes in high-performance integrated circuits. Despite the challenging market conditions, Monolithic Power has demonstrated resilience with 21.2% revenue growth and maintains strong liquidity with current assets well exceeding short-term obligations. Over the past year, Monolithic Power has seen its stock value decrease by 14.89%, reflecting a challenging period for the semiconductor industry amid global supply chain disruptions and shifting market demands. Investors are closely monitoring the company’s performance as it navigates through these headwinds, looking for signs of recovery and growth potential in the evolving tech landscape. For deeper insights into MPWR’s valuation and growth prospects, including 15+ exclusive ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Monolithic Power Systems has amended its bylaws to allow shareholders holding at least 30% of the company’s stock to call special meetings, as detailed in a recent SEC filing. This change is part of the company’s efforts to align corporate governance practices with shareholder interests. Meanwhile, Monolithic Power Systems has been the subject of several analyst evaluations. Truist Securities maintained a Buy rating with a price target of $897, highlighting the company’s innovation in the analog semiconductor sector and projecting approximately 20% sales growth. Needham also reaffirmed a Buy rating with an $800 price target, noting increased guidance for the first quarter of 2025 and the company’s focus on expanding its serviceable available market. KeyBanc maintained an Overweight rating with an $850 price target, acknowledging raised revenue guidance for the first quarter. Finally, Stifel reiterated a Buy rating with a $1,100 target, emphasizing Monolithic Power Systems’ strategic initiatives and innovation in the power management sector. These developments reflect a strong focus on growth and innovation, with analysts expressing confidence in the company’s market position.

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