What is KeyCorp’s Forecast for MPWR Q4 Earnings?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) – Analysts at KeyCorp issued their Q4 2026 earnings per share (EPS) estimates for shares of Monolithic Power Systems in a research note issued to investors on Monday, July 13th. KeyCorp analyst J. Vinh forecasts that the semiconductor company will post earnings per share of $6.24 for the quarter. KeyCorp currently has a “Overweight” rating and a $2,000.00 price target on the stock. The consensus estimate for Monolithic Power Systems’ current full-year earnings is $20.26 per share. KeyCorp also issued estimates for Monolithic Power Systems’ Q1 2027 earnings at $6.23 EPS, Q2 2027 earnings at $6.89 EPS, Q3 2027 earnings at $7.80 EPS, Q4 2027 earnings at $8.61 EPS and FY2027 earnings at $29.54 EPS.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, beating analysts’ consensus estimates of $4.90 by $0.20. The firm had revenue of $804.19 million for the quarter, compared to analysts’ expectations of $781.93 million. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The business’s revenue was up 26.1% compared to the same quarter last year. During the same period in the prior year, the business posted $4.04 earnings per share.

MPWR has been the subject of several other reports. TD Cowen lifted their price target on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a report on Friday, May 1st. Oppenheimer set a $1,700.00 price objective on shares of Monolithic Power Systems in a research note on Friday, May 1st. Stifel Nicolaus raised their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Wells Fargo & Company lifted their target price on shares of Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Needham & Company LLC boosted their target price on Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the stock a “buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Monolithic Power Systems currently has an average rating of “Moderate Buy” and an average target price of $1,599.17.

Monolithic Power Systems Stock Performance

MPWR opened at $1,312.00 on Friday. The firm’s 50-day simple moving average is $1,486.13 and its 200-day simple moving average is $1,286.19. Monolithic Power Systems has a twelve month low of $702.32 and a twelve month high of $1,714.09. The firm has a market cap of $64.46 billion, a price-to-earnings ratio of 94.59, a PEG ratio of 2.33 and a beta of 1.71.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Royal Fund Management LLC boosted its position in Monolithic Power Systems by 2.7% during the 1st quarter. Royal Fund Management LLC now owns 264 shares of the semiconductor company’s stock valued at $289,000 after buying an additional 7 shares during the period. Covestor Ltd increased its position in shares of Monolithic Power Systems by 29.0% in the fourth quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 9 shares during the period. Bell Investment Advisors Inc raised its stake in shares of Monolithic Power Systems by 23.7% during the first quarter. Bell Investment Advisors Inc now owns 47 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 9 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Monolithic Power Systems by 4.1% during the fourth quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock valued at $230,000 after acquiring an additional 10 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in shares of Monolithic Power Systems by 1.4% during the first quarter. CENTRAL TRUST Co now owns 701 shares of the semiconductor company’s stock worth $766,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Saria Tseng sold 7,565 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total transaction of $12,860,500.00. Following the transaction, the executive vice president directly owned 144,218 shares in the company, valued at approximately $245,170,600. This represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eugen J. Elmiger sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,584.96, for a total transaction of $19,019,520.00. Following the transaction, the director owned 5,402 shares in the company, valued at $8,561,953.92. The trade was a 68.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 69,370 shares of company stock worth $112,702,503 over the last quarter. Corporate insiders own 3.60% of the company’s stock.

Monolithic Power Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $2.00 per share. The ex-dividend date was Tuesday, June 30th. This represents a $8.00 annualized dividend and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is 57.68%.

Monolithic Power Systems News Roundup

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Monolithic Power Systems and set a $2,000 price target, signaling confidence in the semiconductor company’s long-term growth prospects.
• Positive Sentiment: The firm’s new forecasts call for strong earnings growth, including FY2026 EPS of $21.05 versus the current consensus of $20.23, and FY2027 EPS of $29.54, suggesting analysts see room for continued outperformance.
• Positive Sentiment: KeyCorp also raised quarterly estimates across 2026 and 2027, with EPS projected to climb from $4.92 in Q2 2026 to $8.61 in Q4 2027, reinforcing expectations for sustained profit expansion.
• Positive Sentiment: Separately, coverage commentary noted Monolithic Power Systems has a history of beating earnings estimates, which could keep investor sentiment constructive ahead of the next report. Will Monolithic (MPWR) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Brokerage sentiment remains broadly supportive, with the stock carrying an average rating of Moderate Buy from analysts.

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.