10 AI Stocks on Analysts’ Radars

6. Monolithic Power Systems Inc. (NASDAQ:MPWR)

Number of Hedge Fund Holders: 33

Monolithic Power Systems Inc. (NASDAQ:MPWR) designs and supplies energy-efficient, semiconductor-based power electronics products, ranging from convertors, controllers, analog switches, and MOSFET drivers to digital isolators, sensors, chargers, and ultrasound multiplexers for industrial applications, data centers, cloud computing, consumer applications, telecom, and automotive industries. The company is benefitting from the surge of AI tools and infrastructure as it strives to power hardware used in most advanced LLMs and AI models, boasting over 100 AI power products.

On January 31st, Oppenheimer trimmed Monolithic Power Systems Inc.’s (NASDAQ:MPWR) stock price target to $800 from $900 to reflect group multiple compression but retained an “Outperform” rating. The brokerage sees upside results/outlook as non-AI segments recover post-correction. Analysts look for AI-heavy ED to accelerate through 2025 as accelerator customers ramp and server x86 CPU share/content gains ramp.