Movement Alert|Monolithic Power Rises 5.28% in Regular Trading, Semiconductor Sector Rebound and Earnings Expectations Boost Sentiment

Market Focus
Jul 30

On July 30, Monolithic Power rose 5.28% in regular trading, trading at $1,300.085/share, with turnover of $131 million. The gain was driven by a broad semiconductor sector rebound and optimistic expectations ahead of the company's Q2 earnings report scheduled for after market close.

On the sector front, semiconductor stocks rallied sharply, with Micron Technology up 10.57%, SK hynix up 9.78%, Advanced Micro Devices up 9.41%, Intel up 9.06%, and NVIDIA up 1.3%, relieving pressure from consecutive days of sector-wide pullbacks. Meanwhile, consensus estimates project Q2 revenue of approximately $902 million, representing 38.62% year-over-year growth, and adjusted EPS of approximately $5.87, up 42.57% year-over-year. Oppenheimer reiterated its outperform rating and $1,700 price target, citing AI-driven enterprise data and communications segments expected to nearly double this year. The average analyst target price stands at $1,795.45, with the overall institutional stance remaining 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10