3 analysts' median target is $1800[FMP target], stock is $1402, +28.4% upside potential. After Q2 +10.7% EPS beat[FMP earnings], the stock moved +8.3%.
B- = MoonshotScore 70[multi-pillar formula] + Council 4/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q1 consensus: revenue $1.2B[FMP est], EPS $7.69[FMP est]. 8 consecutive quarters of beat[FMP earnings].
Q2 EPS +10.7% beat[FMP] but the stock +8.3% D+1[FMP D+1]. Tony Balow promised $82.4M CapEx + a sequential decline in Q1 during the Q2 earnings call[Tony Balow capex transcript].
Watchlist
Q2 Revenue Growth
q2_revenue_growth
MPS achieved record quarterly revenue of $981 million in Q2'26, representing 22% sequential growth and 48% year-over-year growth.
"In Q2, MPS achieved record quarterly revenue of $981 million 22% higher than the first quarter of 26 and 48% higher than the second quarter of 25."
- Tony Balow - Q2 FY26 Earnings Call - July 30, 2026
Enterprise Data Growth Guidance
enterprise_data_growth_guidance
The Enterprise Data segment grew 45% in Q2, and the company raised its full-year growth expectation for this market from 85% to 130%, believing sales are continuing through with very low inventory levels.
"All end markets grew sequentially with enterprise data growing 45% as we continue to see strong broad based ordering patterns... we are willing to raise floor for that particular end market from 85% for the year to 130% for the year."
- Tony Balow - Q2 FY26 Earnings Call - July 30, 2026
800v Ac To Dc Products
800v_ac_to_dc_products
MPS began sampling high voltage AC-to-DC products for 800-volt data center architectures, expanding beyond its current AI and server core power solutions, and these products rely on MPS silicon carbide devices.
"We began sampling high voltage AC-to-DC products for 800-volt data center architectures as an expand beyond our current AI and server core power solutions... In terms of 800-volt solution, we totally rely on NPS silicon carbide device."
- Tony Balow - Q2 FY26 Earnings Call - July 30, 2026
Stock Repurchase Authorization
stock_repurchase_authorization
The Board of Directors authorized an additional $500 million for stock repurchases, increasing the total current authorization to $1 billion.
"I am also pleased to announce that our Board of Directors has authorized an additional $500 million for stock repurchases increasing our total current authorization to $1 billion."
- Tony Balow - Q2 FY26 Earnings Call - July 30, 2026
Capacity Expansion Goals
capacity_expansion_goals
MPS significantly extended its capacity goals beyond $6 billion to support future revenue growth and its transformation into a full solution provider.
"We extended our capacity goals significantly beyond $6 billion to support future revenue growth and our transformation into a full solution provider."
- Tony Balow - Q2 FY26 Earnings Call - July 30, 2026
Stock Expert AI - Methodology
multi-pillar methodology. Revenue Growth and Cash Runway strong. Operating Leverage weak.
How is it calculated? ->6 investor frameworks. 4 bullish (Ray Dalio, Klarman, Buffett, Munger), 1 bearish (Ken Griffin), 1 neutral (Jim Simons).
How is it calculated? ->Quality business, discounted price.
How is it calculated? ->Past Performance
Q2 (July 30, 2026): EPS $6.50 vs $5.87 est[FMP], +10.7% beat. D+1 movement: +8.3%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q2: EPS $6.50 vs $5.87 beat[FMP], stock +8.3% D+1[FMP].
No RPO/backlog concentration disclosed in Q2 earnings call.
Q2 CapEx $82.4M[FMP cashflow]. Q2 op margin 31.0%[FMP op margin] - this level in Q1 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Thursday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Thursday evening. The framework is ready on this page: Q1 EPS threshold $7.69[FMP], CapEx threshold "below $82.4M"[Tony Balow]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore multi-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This Monolithic Power Systems, Inc. (MPWR) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.
Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.
No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.