Power Integrations (NASDAQ:POWI) Given New $55.00 Price Target at Susquehanna

Power Integrations (NASDAQ:POWI) had its price objective reduced by equities research analysts at Susquehanna from $70.00 to $55.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “positive” rating on the semiconductor company’s stock. Susquehanna‘s price target would indicate a potential upside of 17.52% from the company’s current price.

Other research analysts also recently issued reports about the company. Williams Trading set a $80.00 price target on Power Integrations in a report on Thursday, August 6th. Wall Street Zen upgraded Power Integrations from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings upgraded Power Integrations from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. Stifel Nicolaus set a $62.00 price objective on Power Integrations in a research report on Thursday. Finally, Needham & Company LLC dropped their target price on Power Integrations from $80.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Power Integrations presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.17.

Power Integrations Price Performance

NASDAQ:POWI opened at $46.80 on Thursday. The firm has a market cap of $2.61 billion, a PE ratio of 104.00 and a beta of 1.58. The firm has a 50 day simple moving average of $49.49 and a 200-day simple moving average of $58.61. Power Integrations has a 1-year low of $30.86 and a 1-year high of $91.18.

Power Integrations (NASDAQ:POWI) last announced its earnings results on Wednesday, November 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. Power Integrations had a net margin of 5.58% and a return on equity of 5.50%. The firm had revenue of $125.48 million for the quarter, compared to analyst estimates of $126.03 million. During the same quarter last year, the business earned $0.36 earnings per share. Power Integrations’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts expect that Power Integrations will post 0.77 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Power Integrations

Institutional investors have recently bought and sold shares of the stock. M&G PLC acquired a new position in Power Integrations during the third quarter worth approximately $15,212,000. Fulcrum Asset Management LLP raised its stake in Power Integrations by 307.7% during the third quarter. Fulcrum Asset Management LLP now owns 1,117 shares of the semiconductor company’s stock worth $57,000 after purchasing an additional 843 shares during the period. Heritage Family Offices LLP purchased a new position in Power Integrations during the third quarter worth approximately $32,000. Boston Trust Walden Corp boosted its holdings in shares of Power Integrations by 46.2% in the 3rd quarter. Boston Trust Walden Corp now owns 1,290,017 shares of the semiconductor company’s stock valued at $66,823,000 after purchasing an additional 407,546 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Power Integrations by 22.7% in the 3rd quarter. ProShare Advisors LLC now owns 240,018 shares of the semiconductor company’s stock valued at $12,433,000 after purchasing an additional 44,348 shares during the last quarter.

Power Integrations News Summary

Here are the key news stories impacting Power Integrations this week:

• Positive Sentiment: Q3 earnings were $0.46 per share, above analyst estimates of $0.41–$0.42 and up from $0.36 a year earlier. Revenue rose 5.5% year over year to $125.48 million. Zacks Q3 earnings report
• Positive Sentiment: The company declared a quarterly dividend of $0.215 per share, equivalent to $0.86 annually and a yield of about 1.8%, providing continued shareholder returns.
• Neutral Sentiment: Reports noted improving inventory levels, while the earnings-call coverage highlighted GaN-driven growth and margins. These trends could be constructive, though the available reports do not quantify their expected financial impact. Inventory trends report Earnings-call highlights
• Negative Sentiment: Revenue of $125.48 million missed the roughly $126.03 million analyst estimate. The small shortfall, despite year-over-year growth, may weigh on reaction to the results.

About Power Integrations

Power Integrations, Inc designs and manufactures high-performance semiconductor technologies used in energy-efficient power conversion. Its products help convert and control electrical power in applications such as consumer electronics, appliances, industrial equipment, communications infrastructure, renewable-energy systems, and electric vehicles.

The company’s product portfolio includes integrated circuits for AC-to-DC and DC-to-DC power supplies, LED lighting drivers, power-factor correction, motor drives, and high-voltage gate driving.