Needham Remains Bullish on Monolithic Power Systems (MPWR) Noor Ul Ain Rehman May 23, 2026 1 min read MPWR TFC Monolithic Power Systems, Inc. (NASDAQ:MPWR) is one of the top must-buy semiconductor stocks to invest in now. Needham lifted the price target on Monolithic Power Systems, Inc. (NASDAQ:MPWR) to $1,750 from $1,300 on May 1, maintaining a Buy rating on the shares. The firm told investors in a research note that the company reported a solid beat and raise, supported by growth in the Enterprise Data and Communications segments.
Is Monolithic Power Systems, Inc. (MPWR) the Cheap Semiconductor Stock to Buy Now? Monolithic Power Systems, Inc. (NASDAQ:MPWR) also received a rating update from Truist on May 1. The firm raised the price target on the stock to $1,805 from $1,396 while maintaining a Buy rating on the shares.
It told investors in a research note that the company's fiscal Q1 results surpassed estimates, while fiscal Q2 was guided meaningfully above consensus. It added that growth remains diversified, but the clear driver continues to be data centers/AI, which is shown in both the Enterprise Data & Comms end markets. Monolithic Power Systems, Inc. (NASDAQ:MPWR) is involved in the design, development, and marketing of integrated power semiconductor solutions and power delivery architectures for computing and storage, industrial, automotive, communications, and consumer applications markets.
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