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If You Invested $1000 in Monolithic Power a Decade Ago, This is How Much It'd Be Worth Now

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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.

Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.

What if you'd invested in Monolithic Power (MPWR - Free Report) ten years ago? It may not have been easy to hold on to MPWR for all that time, but if you did, how much would your investment be worth today?

Monolithic Power's Business In-Depth

With that in mind, let's take a look at Monolithic Power's main business drivers.

Monolithic Power Systems, based in Kirkland, WA, designs, develops and markets high-performance power solutions. The company focuses on the market for high-performance analog and mixed-signal integrated circuits (ICs).

Monolithic’s products are widely utilized in industrial applications, telecommunication infrastructures, cloud computing, automotive and consumer applications.

Being a fabless company, Monolithic works with third-party contractors and chip assemblers for the manufacturing, assembling and testing of wafers and ICs. This approach permits the company to focus more on the designing and development of process technology at a lower-fixed cost.

Unlike other fabless semiconductor companies, Monolithic installs its own proprietary process technologies in third-party contractors’ equipment and facilities.

Monolithic reported total revenues of $664.6 million in the second quarter of 2025.

The company’s key product families are direct current to direct current (DC to DC) products and Lighting Control products.

DC to DC ICs are used to convert and control voltages within a broad range of electronic systems, such as portable electronic devices, wireless LAN access points, computers and monitors, automobiles and medical equipment.

Lighting control ICs are used in backlighting and general illumination products.

End-market-wise, 29.4% of total revenues came from Computing and Storage in the second quarter of 2025.

Enterprise Data, Consumer, Industrial, Automotive and Communications end-markets contributed 21.7%, 9%, 7%, 21.8% and 11.1%, respectively, to the second quarter of 2025 revenues.

Monolithic’s primary competitors are Skyworks Solutions (SWKS), Microchip Technology (MCHP), Lattice Semiconductor (LSCC), IPG Photonics (IPGP), Power Integrations (POWI), Cree (CREE), Semtech (SMTC), Micron Technology (MU), Analog Devices (ADI), and GLOBALFOUNDRIES (GFS).

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Monolithic Power, ten years ago, you're likely feeling pretty good about your investment today.

A $1000 investment made in September 2015 would be worth $17,956.45, or a gain of 1,695.64%, as of September 8, 2025, according to our calculations. This return excludes dividends but includes price appreciation.

In comparison, the S&P 500's gained 237.36% and the price of gold went up 207.90% over the same time frame.

Going forward, analysts are expecting more upside for MPWR.

Monolithic is benefiting from continued investment in new technologies, expansion into emerging markets and diversification of end-market applications and the global supply chain. This has enhanced supply stability and enabled a seamless adoption to evolving market conditions. Management anticipates cloud computing to be a notable growth driver, particularly due to increasing demand for solid-state drives and servers. The company aims to leverage AI software to predict performance for the consumer's desired product. However, Monolithic is exposed to the demand environment in China, which is at present quite sluggish. Moreover, Sino-U.S. trade hostilities remain a major headwind. Rapid product obsolescence and price erosion, evolving standards and short product life-cycles are other challenges.

Over the past four weeks, shares have rallied 7.66%, and there have been 6 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.


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