On July 27, Monolithic Power rose 4.06% in pre-market trading, trading at $1,388.0/share, with turnover of $800,200.

On the news front, the semiconductor sector staged a broad-based rebound, providing direct support. Within the sector, Micron Technology rose 3.34%, Advanced Micro Devices rose 2.84%, Intel rose 2.74%, Broadcom rose 2.31%, and NVIDIA rose 1.19%, effectively relieving the multi-day pullback pressure that had weighed on the group. The company is scheduled to report Q2 results on July 30 after market close, with consensus expectations calling for revenue of approximately $902 million, representing 38.62% year-over-year growth, and adjusted EPS of $5.87, up 42.57% year-over-year.

Oppenheimer recently reiterated an outperform rating with a $1,700 price target, noting the AI-heavy enterprise data and communications segments are expected to nearly double this year, projecting topline to reach a $4 billion run rate by year-end. The analyst consensus average target price stands at $1,795.45, with institutional sentiment remaining predominantly bullish.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)