Monolithic Power's stock soared 6.58% during intraday trading on Friday, reflecting strong investor sentiment.
The surge follows the company's release of its Q4 2025 earnings conference call transcript, which highlighted record module revenue and a strategic transition to solutions-based offerings. Key developments included the sampling of an 800-volt power solution for data centers and the launch of new automotive solutions for 48-volt and zonal architectures.
Additionally, the company announced a 28% increase in its quarterly dividend to $2 per share and noted it had returned over 72% of its free cash flow to shareholders over the past three years through buybacks and dividends. These positive fundamentals were accompanied by a wave of analyst upgrades, with firms including Citigroup, Raymond James, Wells Fargo, Wolfe Research, and TD Cowen raising their price targets on the stock.