Advertisement
MPWR vs ON
Which Stock Would AI Choose? Monolithic Power Systems (MPWR) vs. ON Semiconductor (ON) Stock Comparison
Key Takeaways
- MPWR delivered a beat-and-raise quarter with record revenue above $1 billion, while ON enters its upcoming earnings print amid a sharp sector-led pullback.
- Tickeron AI Verdict: MPWR currently shows the more consistent trend, stronger momentum, and cleaner near-term catalysts of the two.
- Both companies are leveraged to artificial intelligence (AI) power demand, but MPWR is growing enterprise-data revenue at triple-digit rates versus a steadier, earlier-stage recovery for ON.
- Valuation and governance headlines represent the principal counterweights to otherwise strong fundamentals at both names.
- For additional context, explore MPWR Major News and MPWR Today's Price Move, along with ON Major News and ON Today's Price Move.
- To see how automated systems are trading these and thousands of other tickers, browse Trending AI Robots.
Introduction
Semiconductor stocks sit at the intersection of two powerful themes in the current market: the build-out of AI data center infrastructure and the electrification of vehicles and industry. MPWR (Monolithic Power Systems) and ON (ON Semiconductor, or onsemi) both supply power-management silicon to these end markets, yet they operate with very different scale, growth profiles, and valuation characteristics. This stock comparison is relevant for traders assessing relative momentum and for longer-term investors evaluating which company offers the more durable growth runway. The sections below examine recent performance, business drivers, and market positioning to help readers understand how these two names stack up today.
MPWR Overview and Recent Performance
Monolithic Power Systems is a fabless provider of power-management integrated circuits and modules, serving data center, communications, automotive, industrial, and consumer customers. In recent weeks, MPWR reported record quarterly revenue that crossed the $1 billion mark for the first time, rising roughly 63% year over year, with enterprise-data revenue up about 165% and accounting for more than 40% of total sales. Management raised its full-year enterprise-data growth floor to 150% from a prior 130%, and highlighted accelerating demand for AI and server power solutions, optical networking modules, and 48-volt automotive architectures. Non-GAAP gross margin stood near 56%, with operating margin expanding to about 39%. Sentiment has been broadly positive, with several analysts reiterating Buy ratings and at least one firm upgrading the stock following results. Offsetting the strong operating story, the shares carry an elevated price-to-earnings (P/E) multiple and have faced periodic scrutiny from investor-rights law firms investigating governance matters.
ON Overview and Recent Performance
ON Semiconductor is a vertically integrated supplier of intelligent power and sensing solutions, with significant exposure to automotive, industrial, and AI data center applications. Its recent narrative centers on a turnaround: after a softer stretch, revenue and margins have expanded sequentially for several quarters, and management now expects AI data center revenue to more than double in 2026, driven by silicon carbide (SiC) power products, high-voltage infrastructure, and expanded roles with hyperscalers and XPU vendors. Automotive demand has been described as stable, with China electric-vehicle content growing even as overall vehicle volumes lag. ON is also pursuing portfolio moves, including an amended all-cash agreement to acquire Synaptics and reported talks regarding a separate acquisition. However, the stock has pulled back sharply from its mid-year high alongside a broader semiconductor selloff, and several analysts have trimmed price targets into earnings. These factors leave ON with a cheaper forward valuation but a less settled technical and sentiment profile.
Trending AI Robots
For traders who prefer a data-driven, automated approach, Tickeron maintains a curated Trending AI Robots page. Tickeron offers hundreds of AI trading bots that collectively monitor and trade thousands of different tickers, yet only a select subset earns a place in this featured section. These bots vary widely in trading style, strategy, timeframe, performance statistics, and the specific tickers they follow, which means the section is designed to surface only the ones best suited to current market conditions. Visitors can review each bot's track record, win rate, and trade history to assess fit before relying on any signal. If you are weighing a comparison like MPWR versus ON, exploring the Trending AI Robots page can add a quantitative layer to your analysis.
Head-to-Head Comparison
The clearest contrast between these two stocks is growth trajectory versus valuation. MPWR is a higher-growth, higher-multiple story: a smaller fabless operator riding explosive AI server demand with non-GAAP gross margins near 56% and a P/E well above 60 times trailing earnings. ON is a larger, capital-intensive manufacturer whose recovery is steadier but earlier, with gross margins in the low-40s percent range and a far lower forward P/E, in the high-teens-to-low-30s depending on the measure. Business models differ too: MPWR partners with third-party foundries, while ON operates its own fabrication facilities and is undergoing a "Fab Right" restructuring. In terms of risk, MPWR faces concentration and valuation risk tied to its AI-heavy revenue mix and a governance investigation, whereas ON faces execution risk around supply constraints, an upcoming acquisition, and ongoing input-cost inflation. On relative momentum, MPWR has held up better through the recent sector pullback than ON, which remains well below its 52-week high.
Tickeron AI Verdict
Based on observable factors, Tickeron's AI would likely favor MPWR in the current comparison. The company demonstrates stronger trend consistency, accelerating revenue growth, an improving margin profile, and a clearer near-term catalyst set tied to AI power modules and optical networking, all supported by a consensus "Strong Buy" analyst posture. ON offers a cheaper entry point and a credible recovery story, but its technical setup is weaker, its price targets have been trending downward, and it carries event risk around an imminent earnings report and pending acquisition. In probabilistic terms, MPWR currently presents the more stable combination of trend, momentum, and fundamental catalysts, though its elevated valuation remains the principal variable that could change that relative ranking.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MPWR is a Buy and ON is a Hold.
MPWR sees its Stochastic Oscillator recovers from oversold territory
On October 28, 2026, the Stochastic Oscillator for MPWR moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 59 instances where the indicator left the oversold zone. In 47 of the 59 cases the stock moved higher in the following days. This puts the odds of a move higher at over 80%.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a +3.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where MPWR advanced for three days, in 239 of 318 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
MPWR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 223 of 283 cases where MPWR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
Bearish Trend Analysis
The 10-day RSI Indicator for MPWR moved out of overbought territory on October 07, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In 32 of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at 76%.
The Momentum Indicator moved below the 0 level on November 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MPWR as a result. In 79 of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 81%.
The Moving Average Convergence Divergence Histogram (MACD) for MPWR turned negative on October 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 30 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 65%.
MPWR moved below its 50-day moving average on October 14, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for MPWR crossed bearishly below the 50-day moving average on October 21, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 86%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MPWR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 3 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 31 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.
The Tickeron SMR rating for this company is 44 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating fairly steady price growth. MPWR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 87 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: MPWR's P/B Ratio (15.693) is slightly higher than the industry average of (5.894). P/E Ratio (75.528) is within average values for comparable stocks, (16.337). Projected Growth (PEG Ratio) (1.014) is also within normal values, averaging (3.803). Dividend Yield (0.006) settles around the average of (0.012) among similar stocks. P/S Ratio (17.153) is also within normal values, averaging (46.468).
ON's RSI Indicator recovers from overbought zone
The 10-day RSI Indicator for ON moved out of overbought territory on October 07, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 instances where the indicator moved out of the overbought zone. In 29 of the 32 cases the stock moved lower in the days that followed. This puts the odds of a move down at 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 30, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ON as a result. In 83 of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 85%.
The Moving Average Convergence Divergence Histogram (MACD) for ON turned negative on October 13, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 60 similar instances when the indicator turned negative. In 51 of the 60 cases the stock turned lower in the days that followed. This puts the odds of success at 85%.
ON moved below its 50-day moving average on October 30, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ON crossed bearishly below the 50-day moving average on October 21, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 83%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ON declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 79%.
ON broke above its upper Bollinger Band on October 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +8.89% 3-day Advance, the price is estimated to grow further. Considering data from situations where ON advanced for three days, in 225 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. In 173 of 227 cases where ON Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 76%.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 60 (best 1 - 100 worst), indicating steady price growth. ON’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 67 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.781) is normal, around the industry mean (5.894). P/E Ratio (45.526) is within average values for comparable stocks, (16.337). Projected Growth (PEG Ratio) (0.169) is also within normal values, averaging (3.803). Dividend Yield (0.000) settles around the average of (0.012) among similar stocks. P/S Ratio (4.337) is also within normal values, averaging (46.468).
The Tickeron SMR rating for this company is 76 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 78 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ON’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is 80 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
MPWR | ON | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 87 | 73 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 87 Overvalued | 67 Overvalued | |
PROFIT vs RISK RATING 1..100 | 31 | 78 | |
SMR RATING 1..100 | 44 | 76 | |
PRICE GROWTH RATING 1..100 | 62 | 60 | |
P/E GROWTH RATING 1..100 | 3 | 80 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ON's Valuation (67) in the Semiconductors industry is in the same range as MPWR (87). This means that ON’s stock grew similarly to MPWR’s over the last 12 months.
MPWR's Profit vs Risk Rating (31) in the Semiconductors industry is somewhat better than the same rating for ON (78). This means that MPWR’s stock grew somewhat faster than ON’s over the last 12 months.
MPWR's SMR Rating (44) in the Semiconductors industry is in the same range as ON (76). This means that MPWR’s stock grew similarly to ON’s over the last 12 months.
ON's Price Growth Rating (60) in the Semiconductors industry is in the same range as MPWR (62). This means that ON’s stock grew similarly to MPWR’s over the last 12 months.
MPWR's P/E Growth Rating (3) in the Semiconductors industry is significantly better than the same rating for ON (80). This means that MPWR’s stock grew significantly faster than ON’s over the last 12 months.
| MPWR | ON | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 76% | 1 day ago 90% |
| Stochastic ODDS (%) | 1 day ago 80% | 1 day ago 75% |
| Momentum ODDS (%) | 1 day ago 81% | 1 day ago 85% |
| MACD ODDS (%) | 1 day ago 65% | 1 day ago 85% |
| TrendWeek ODDS (%) | 1 day ago 79% | 1 day ago 77% |
| TrendMonth ODDS (%) | 1 day ago 75% | 1 day ago 77% |
| Advances ODDS (%) | 1 day ago 75% | 7 days ago 75% |
| Declines ODDS (%) | 5 days ago 70% | 1 day ago 79% |
| BollingerBands ODDS (%) | 1 day ago 79% | 1 day ago 77% |
| Aroon ODDS (%) | 1 day ago 79% | 1 day ago 76% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
MPWR’s FA Score shows that 2 FA rating(s) are green while ON’s FA Score has 0 green FA rating(s).
- MPWR’s FA Score: 2 green, 3 red.
- ON’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
MPWR’s TA Score shows that 4 TA indicator(s) are bullish while ON’s TA Score has 3 bullish TA indicator(s).
- MPWR’s TA Score: 4 bullish, 6 bearish.
- ON’s TA Score: 3 bullish, 7 bearish.
Price Growth
MPWR (@Semiconductors) experienced а +6.57% price change this week, while ON (@Semiconductors) price change was -5.33% for the same time period.
The average weekly price growth across all stocks in the @Semiconductors industry was -5.39%. For the same industry, the average monthly price growth was -25.00%, and the average quarterly price growth was -24.67%.
Reported Earning Dates
MPWR is expected to report earnings on Feb 11, 2027.
ON is expected to report earnings on Feb 08, 2027.
Industries' Descriptions
@Semiconductors (-5.39% weekly)The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.
Advertisement