Why Monolithic Power Systems, Inc. (MPWR) Stock Rose 8.3% on Jul 31, 2026
What happened
Monolithic Power Systems surged 11.12% to $1,462.48 after reporting record Q2 revenue of $981M (+48% YoY) and EPS of $6.50 (beating consensus of $5.87), while raising Q3 guidance and full-year outlook on strong AI and power-management demand. KeyCorp simultaneously raised its price target to $2,100 from $2,000 with an overweight rating. Volume traded 2.80x the session average, reflecting elevated institutional interest.
MPWR's next earnings announcement is scheduled for October 29, 2026; monitor for any updates to guidance or commentary on AI infrastructure demand sustainability between now and then.
Other developments that session
Monolithic Power Systems, Inc. (MPWR) reported EPS of $6.50 vs. consensus estimate of $5.87, beating expectations by 10.7% for Q2 FY2026 on July 30, 2026.
Frequently asked questions
Why did Monolithic Power Systems, Inc. (MPWR) stock rise on Jul 31, 2026?
Monolithic Power Systems surged 11.12% to $1,462.48 after reporting record Q2 revenue of $981M (+48% YoY) and EPS of $6.50 (beating consensus of $5.87), while raising Q3 guidance and full-year outlook on strong AI and power-management demand. KeyCorp simultaneously raised its price target to $2,100 from $2,000 with an overweight rating. Volume traded 2.80x the session average, reflecting elevated institutional interest.
How much did MPWR stock rise on Jul 31, 2026?
MPWR rose 8.3% during the Jul 31, 2026 trading session.