Susquehanna analyst Christopher Rolland reiterated a Hold rating on Power Integrations (NASDAQ:POWI) on Wednesday, setting a price target of $90, which is approximately 1.24% above the present share price of $88.9.
Rolland expects Power Integrations to post earnings per share (EPS) of $0.25 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Power Integrations, with an average price target of $81.67.
The analysts price targets range from a high of $90 to a low of $70.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $121.13 million and a net profit of $14.74 million. The company's market cap is $5.32 billion.
According to TipRanks.com, Susquehanna analyst Christopher Rolland is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.3% and a 74.82% 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.