For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Monolithic Power (MPWR) ten years ago? It may not have been easy to hold on to MPWR for all that time, but if you did, how much would your investment be worth today?
Monolithic Power's Business In-Depth
With that in mind, let's take a look at Monolithic Power's main business drivers.
Monolithic Power Systems, based in Kirkland, WA, designs, develops and markets high-performance power solutions. The company focuses on the market for high-performance analog and mixed-signal integrated circuits (ICs).
Monolithic’s products are widely used in industrial applications, telecommunications infrastructure, cloud computing, and automotive and consumer applications.
Being a fabless company, Monolithic works with third-party contractors and chip assemblers for the manufacturing, assembling and testing of wafers and ICs. This approach permits the company to focus more on the designing and development of process technology at a lower fixed cost.
Unlike other fabless semiconductor companies, Monolithic installs its own proprietary process technologies in third-party contractors’ equipment and facilities.
Monolithic reported total revenues of $751.15 million in the fourth quarter of 2025.
The company’s key product families are direct current to direct current (DC to DC) products and Lighting Control products.
DC to DC ICs are used to convert and control voltages within a broad range of electronic systems, such as portable electronic devices, wireless LAN access points, computers and monitors, automobiles and medical equipment.
Lighting control ICs are used in backlighting and general illumination products.
By end market, 21.5% of total revenues came from Storage and Computing in the fourth quarter of 2025.
Enterprise Data, Consumer, Industrial, Automotive and Communications end-markets contributed 31%, 8.8%, 7.2%, 20.1% and 11.14%, respectively, to the fourth quarter of 2025 revenues.
Monolithic’s primary competitors are Skyworks Solutions, Microchip Technology, Lattice Semiconductor, IPG Photonics, Power Integrations, Cree, Semtech, Micron Technology, Analog Devices, and GLOBALFOUNDRIES.
Bottom Line
Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Monolithic Power, if you bought shares a decade ago, you're likely feeling really good about your investment today.
A $1000 investment made in February 2016 would be worth $21,271.42, or a 2,027.14% gain, as of February 12, 2026, according to our calculations. Investors should note that this return excludes dividends but includes price increases.
The S&P 500 rose 279.51% and the price of gold increased 292.77% over the same time frame in comparison.
Going forward, analysts are expecting more upside for MPWR.
Monolithic reported strong fourth-quarter 2025 results, with both adjusted earnings and revenues surpassing the respective Zacks Consensus Estimate. It has a strong growth opportunity due to its robust product portfolio that targets In-Car connectivity and infotainment, advanced driver assistance system and rapid adoption of LED lightings in cars and vehicles. Being a fabless company, MPWR works with third-party contractors and chip assemblers for the manufacturing, assembling and testing of wafers and ICs. This approach permits the company to focus more on the design and development of process technology at a lower fixed cost. However, MPWR faces challenges due to the cyclical nature of the semiconductor industry. Rapid product obsolescence and price erosion, evolving standards and short product life-cycles are other challenges.
The stock is up 21.67% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 7 higher, for fiscal 2026. The consensus estimate has moved up as well.
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Monolithic Power Systems, Inc. (MPWR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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