Movement Alert｜Monolithic Power Intraday Rise 3.05% in Regular Trading, earnings optimism and AI demand outlook support shares

Market Focus10-27 01:23

On October 27, Monolithic Power rose 3.05% in Regular Trading, trading around $1174.47 per share, with turnover of $350 million.

The move coincided with improving sentiment ahead of the company’s October 29 earnings release, alongside constructive views that AI-related business could help drive a quarterly beat and a stronger next-quarter outlook.

Recent market expectations point to quarterly revenue growth of 55.31% year over year and expected EPS of $6.8. In the prior quarter, the company 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. Separately, an analyst recently lowered its price target to $1500 from $1700 but maintained an Outperform rating, while broader consensus remained constructive.

(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.)

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