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Monolithic Power Systems, Inc. (NASDAQ:MPWR) is one of the

10 Best Quality Stocks to Buy and Hold for the Next 5 Years.

On May 1, 2026, Raymond James raised its price target on Monolithic Power Systems, Inc. (NASDAQ:MPWR) to $1,800 from $1,350 and maintained an Outperform rating on the shares. The firm said Enterprise Data drove outsized growth and sharply higher forward guidance, pointing to strong visibility into accelerating shipments across key end markets. Raymond James added that while near-term margin expectations were unchanged, stronger top-line momentum and expanding content opportunities support operating leverage and longer-term growth beyond the hyperscale cycle.

Truist also raised its price target on Monolithic Power Systems, Inc. (NASDAQ:MPWR) to $1,805 from $1,396 while maintaining a Buy rating. The firm said the company’s Q1 results exceeded expectations and Q2 guidance came in meaningfully above consensus. Truist added that while growth remains diversified, data centers and AI continue to be the primary growth drivers, particularly within the Enterprise Data and Communications segments.

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On April 30, 2026, Monolithic Power Systems, Inc. (NASDAQ:MPWR) reported Q1 EPS of $5.10, ahead of the $4.90 consensus estimate, while revenue came in at $804.2M compared to expectations of $782.12M. CEO Michael Hsing said the results reflect the strength of the company’s diversified model and its transition from a chip-only semiconductor supplier into a broader silicon-based solutions provider.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) provides semiconductor-based power electronics solutions across Asia, Europe, and the Americas.

While we acknowledge the potential of MPWR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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