'Monolithic Power Systems (MPWR) Expected to Regain Majority Market Share on Vera Rubin;' PT Raised at KeyBanc

KeyBanc analyst John Vinh raised the price target on Monolithic Power Systems (NASDAQ: MPWR) to $1,250.00 (from $1,050.00) while maintaining an Overweight rating.

The analyst commented: "MPS Expected to Regain Majority Market Share on Vera Rubin; Our supply chain work indicates MPWR is expected to regain significant market on NVDA's next generation GPU platform Vera Rubin. We expect MPWR will have 70% market share across the platform on both VR200 NVL144 and R200 HGX platforms. With ASPs expected to be 60% higher, we expect this to add over $100M to our 2026 estimates in 2H26. Annualizing this in 2027, we estimate MPWR getting back into NVDA at 70% share would add $420M and over $4 in EPS. Accordingly, we are increasing our forward estimates and our PT to $1,250, as we expect the stock to rerate given this positive development."

You May Also Be Interested In

• Cullinan Oncology Inc. (CGEM) PT Raised to $27 at UBS
• Benchmark Reiterates Speculative Buy Rating on Milestone Scientific (MLSS)
• BofA Securities Reiterates Buy Rating on Micron Technology (MU); Sees $230+ in EPS by FY30