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

Monolithic Power Systems Inc. (NASDAQ:MPWR) is one of the best NASDAQ growth stocks to buy for the next 5 years. On October 20, Wells Fargo raised the price target on Monolithic Power to $970 from $750 and kept an Equal Weight rating as the firm believes that the overall Q3 2025 EPS expectations for the analog and mixed-signal sector are low because investor sentiment remains mixed to negative.

Wells Fargo suggests that if companies issue guidance for the December quarter that is either in line or slightly better than expected revenue and includes stable gross margins, it could be viewed as a positive sign by the market.Wells Fargo Boosts Monolithic Power (MPWR) PT to $970, Cites Low Sector Expectations

Earlier on October 17, Stifel analyst Tore Svanberg also raised the firm’s price target on Monolithic Power to $1,100 from $930 with a Buy rating on the shares as part of the firm’s Q3 2025 earnings preview for the analog, connectivity, and processors group.

Monolithic Power Systems Inc. (NASDAQ:MPWR) designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets internationally.

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Disclosure: None. This article is originally published at Insider Monkey.

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