Northland Securities analyst Gus Richard maintained a Hold rating on Power Integrations (NASDAQ:POWI) on Friday, setting a price target of $88, which is approximately 4.64% above the present share price of $84.1.
Richard expects Power Integrations to post earnings per share (EPS) of $0.46 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Power Integrations, with an average price target of $96.5.
The analysts price targets range from a high of $108 to a low of $88.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $150.69 million and a net profit of $27.73 million. The company's market cap is $5.08 billion.
According to TipRanks.com, Northland Securities analyst Gus Richard is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.2% and a 73.53% success rate.
Power Integrations, Inc. engages in the design, development and marketing of analog and mixed-signal integrated circuits and other electronic components and circuitry used in high voltage power conversion. Its products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. The company was founded by Steven J. Sharp (OTC:SHCAY) on March 25, 1988 and is headquartered in San Jose, CA.