Wells Fargo Boosts Monolithic Power (MPWR) PT to $970, Cites Low Sector Expectations

Core Insights - Monolithic Power Systems Inc. (NASDAQ:MPWR) is identified as a top growth stock for the next five years, with Wells Fargo raising its price target to $970 from $750 while maintaining an Equal Weight rating due to low EPS expectations in the analog and mixed-signal sector [1][3] Company Overview - Monolithic Power Systems Inc. designs, develops, markets, and sells semiconductor-based power electronics solutions across various sectors including storage and computing, automotive, enterprise data, consumer, communications, and industrial markets globally [4] Analyst Ratings - Stifel analyst Tore Svanberg has also increased the price target for Monolithic Power to $1,100 from $930, maintaining a Buy rating as part of the Q3 2025 earnings preview for the analog, connectivity, and processors group [3] Market Sentiment - Wells Fargo indicates that guidance for the December quarter that meets or slightly exceeds revenue expectations, along with stable gross margins, could be perceived positively by the market [2]