Monolithic Power stock analysis
Monolithic Power (NQG) Stock Price & Analysis
NQG Stock Chart & Stats
- Day’s Range
- EUR 1,292.50 - EUR 1,318.00
- 52-Week Range
- EUR 730.00 - EUR 1,444.00
- Previous Close
- EUR 1,333.50
- Volume
- N/A
- Average Volume (3M)
- 26
- Market Cap
- EUR 59.66B
- Enterprise Value
- EUR 65.19B
- Total Cash (Recent Filing)
- EUR 1.09B
- Total Debt (Recent Filing)
- EUR 0
- Price to Earnings (P/E)
- 81.2
- Beta
- 1.03
- Next Earnings
- Feb 11, 2027 (Est.)
- EPS Estimate
- 8.38
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 0.50%
Bulls Say, Bears Say
Bulls Say
Strong Revenue Growth And Diversification
Revenue growth from about $1.2 billion in 2021 to $3.7 billion TTM, alongside 63% year-over-year Q3 growth, shows strong scaling and current demand. Broad exposure across enterprise data, communications, automotive and other markets can support durable expansion beyond one product cycle.
Sustainable Profitability And Operating Leverage
Gross margins have remained around 55%–58%, while TTM EBIT margin reached about 31% versus 22% in 2021. Management also expects a 55%–60% gross-margin model and continued operating-margin gains, indicating meaningful profitability and operating leverage as revenue scales.
Strong Cash Generation
TTM operating cash flow of about $873 million and free cash flow of approximately $607 million demonstrate substantial internal cash generation. This supports investment in capacity, product development and other growth initiatives while reducing reliance on external financing during expansion.
Bears Say
Earnings Comparability Volatility
The approximately 81% net margin reported in 2024 was an outlier versus roughly 20%–24% in other periods, making earnings trends harder to compare. This volatility reduces confidence that historical profitability fully represents recurring earnings power and complicates forecasting.
Uneven Cash Conversion
Although cash generation is strong, operating cash flow relative to net income dipped below 1.0 in 2022 and was about 1.36 TTM, while free-cash-flow growth softened to roughly 3.7%. These working-capital swings can make cash conversion less predictable during rapid expansion.
Delayed And Unproven Growth Ramps
Several prospective growth drivers remain immature: GaN still requires reliability validation, 800-volt revenue is expected mainly late 2027 or in 2028, and the data-converter win is not expected to be material in 2026. Roadmap growth therefore depends on execution and delayed ramps.
Monolithic Power News
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Monolithic Power Stock Smart Score
Company Description
Monolithic Power
Monolithic Power Systems, Inc. specializes in the creation, promotion, and sale of advanced semiconductor components for power management. Their innovative solutions cater to a broad spectrum of industries, including information technology, data storage, automotive, industrial applications, telecommunications, and consumer electronics. A core offering consists of direct current (DC) to DC integrated circuits (ICs), which are vital for regulating and transforming electrical voltages in diverse systems such as portable gadgets, wireless local area network access points, personal computers, displays, car entertainment systems, and medical devices. Additionally, they provide integrated circuits specifically designed for lighting control, essential for illuminating liquid crystal display (LCD) panels in laptops, monitors, vehicle navigation systems, and televisions, alongside general illumination products. The company reaches its clientele, which includes major equipment manufacturers, design firms, and electronics assembly providers, as well as other customers, through both direct sales and an extensive network of distributors and resellers across key global regions like China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and beyond. Founded in 1997, the company's headquarters are situated in Kirkland, Washington.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Michael R. Hsing
- Employees
- 4,501
- Website
- www.monolithicpower.com
- Address
- 1555 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33401, US
Monolithic Power (NQG) Earnings & Revenues
NQG Company Deck
NQG Earnings Call
Earnings Call SentimentPositive
The call was strongly positive, supported by record $1.2 billion quarterly revenue, 63% year-over-year growth, a raised enterprise data growth floor, broad-based expansion across communications and automotive, new robotics and high-voltage opportunities, disciplined margin expansion, and substantial capacity plans. The main challenges were near-term notebook weakness, ongoing GaN reliability validation, delayed timing for 800-volt and data-converter revenue, early-stage building automation efforts, and partial absorption of cost increases. Highlights significantly outweighed the lowlights.
View all DE:NQG earnings summariesNQG Net sales Breakdown
- 32.45% Enterprise Data
- 22.73% Storage and Computing
- 18.76% Automotive
- 10.24% Industrial
- 15.83% Other
NQG Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 2 | 4 |
| Technical Analysis | 3 | 2 | 4 |
| Moving Averages | 12 | 0 | 0 |
