Monolithic Power Systems, Inc. (MPWR) will report Q4 2024 results on Feb. 6. The company has a history of delivering earnings surprises. Expect higher revenues, driven by growth in various verticals and supply chain expansion. Strong demand in automotive, communications, and enterprise data segments, but faces competition in the analog integrated circuit market.

Revenue estimates for MPWR show growth in all segments, with the total estimated revenue for Q4 at $610.51 million. The consensus estimate for adjusted EPS is $4.01. However, the company’s current Zacks Rank is #4 (Sell). While the company may not beat earnings this quarter, there are other stocks like Qualcomm Technologies, Akamai Technologies, and Watts Water Technologies worth considering for potential beats.

Monolithic Power Systems, Inc. is positioned for revenue growth in Q4, but there may be challenges with its current Zacks Rank. Consider other stocks with potential earnings beats. Explore Zacks’ portfolio services and access all picks for $1 to make informed investment decisions. Get acquainted with top stock recommendations and investment insights from Zacks Investment Research.

Read more at Nasdaq: Will Higher Revenues Boost Monolithic Power’s Q4 Earnings?