Movement Alert｜Monolithic Power Intraday Rise 3.01% in Regular Trading, upbeat earnings expectations and AI demand outlook support shares

On October 28, Monolithic Power rose 3.01% in Regular Trading, trading at $1202.1 per share, with turnover of $311 million.

The move coincided with upbeat expectations ahead of the company’s October 29 earnings release, alongside constructive views that AI-related enterprise data and communications demand could help quarterly results and forward commentary exceed expectations.

Recent market expectations call for quarterly revenue growth of 55.31% year over year and next-report EPS of $6.8. In the prior quarter, Monolithic Power reported revenue of $981 million, up 47.56% year over year, gross margin of 55.17%, net income attributable to shareholders of $257 million, net margin of 26.24%, and adjusted EPS of $6.50, up 54.39%.

Analyst positioning has remained broadly supportive: one recent target price was trimmed to $1500 from $1700 while keeping an outperform rating, and consensus data cited an overweight average rating with a mean target above current trading levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)