New York, February 7, 2026, 19:54 (EST) — The market has closed.
- Shares of Monolithic Power Systems jumped 6.4% Friday, landing at $1,229.82—a fresh 52-week high.
- The chipmaker bumped its quarterly dividend up to $2.00 and projected first-quarter revenue between $770 million and $790 million.
- Michael Hsing, the CEO, has filed a Rule 144 notice for 3,082 shares.
Shares of Monolithic Power Systems (MPWR.O) surged 6.4% Friday, ending the day at $1,229.82 and notching a fresh 52-week high—topping the record set just two days before. Trading was heavy, with volume far above the stock’s usual pace. Monolithic outpaced Texas Instruments and Analog Devices during a robust session for U.S. stocks. MarketWatch
Why now? Investors are picking through chip stocks, looking for clues about data-center demand while AI workloads crank up power consumption. Monolithic’s business—selling power-management chips right next to processors—puts its guidance under the microscope as a sort of fast proxy for spending in that segment.
After the results landed, analysts wasted no time. The stock goes into Monday trailing a flurry of price target hikes: KeyBanc bumped its target up to $1,500 from $1,300, and Wells Fargo now sees $1,350, up from $1,200, MT Newswires reported via MarketScreener. MarketScreener
Monolithic reported a 20.8% jump in fourth-quarter revenue, hitting $751.2 million. Adjusted earnings came in at $4.79 per share—these non-GAAP numbers cut out things like stock-based pay. The company now expects first-quarter revenue between $770 million and $790 million, and it bumped its quarterly dividend up to $2.00 per share from the previous $1.56. Securities and Exchange Commission
The company, in its earnings remarks, highlighted a rebound in Enterprise Data, which brought in $233.5 million for the fourth quarter. Executives also cited momentum around power solutions for AI and server uses—an area getting more focus as the firm shifts toward selling broader “solutions” instead of just chips. Securities and Exchange Commission
There’s also a change coming in the C-suite. Monolithic disclosed that CFO Bernie Blegen plans to retire post-2025 annual 10-K filing, with corporate controller Rob Dean set to take over as interim CFO. “This trust … will continue as Bernie supports a smooth transition,” CEO Michael Hsing said. Securities and Exchange Commission
One more disclosure popped up late in the week: Hsing submitted a Rule 144 notice for 3,082 shares—totaling around $3.6 million in market value. The paperwork signals an insider might sell restricted or controlled stock, but there’s no certainty a sale will actually happen. Securities and Exchange Commission
Come Monday, the $1,200 level is in focus for traders as the first wave of post-earnings action cools off and market liquidity picks up. Moves from analog and power peers remain a swing factor for the tape—this group’s been trading in a tight band all quarter.
The risk is pretty clear. Enterprise Data tends to move sharply depending on how customers spend, and a slowdown in AI infrastructure demand could quickly hit power components. With the stock at new highs, it’s more exposed—profit-taking or even a small miss on guidance or margins could trigger a pullback.
The $2.00 per share quarterly dividend lands April 15 for those holding shares by March 31, according to the company’s filing. Blegen’s retirement will coincide with the release of the 2025 10-K. Securities and Exchange Commission
