Power Integrations, Inc. (POWI) Stock Price & Analysis
Power Integrations, Inc. (POWI) closed at USD 47.12 on Thursday, October 22, 2026, down 2.34% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 48.25; the Oct 22, 2026 session ranged USD 45.91–47.79 on volume of 768,480 shares. Market capitalization is $2.63B, with a 52-week range of USD 30.86–91.18 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:58 UTC.
Also available as compact Markdown for AI agents: nexqual.com/POWI.md
Key facts (POWI)
- Last four reported quarters (through Jun 30, 2026): revenue $449M, net income $25.1M (5.6% margin), free cash flow $79.0M (SEC filings).
- Valuation: P/E 105.0x (avg 95.0x at the last 3 fiscal year-ends).
- Earnings quality: non-operating income $9.7M vs operating income $15.2M over the last four quarters; P/E excluding non-operating income ≈171.6x (estimate: non-operating income taxed at the company's 0% effective rate).
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $28.3M; 10 not under a Rule 10b5-1 plan ($28.3M); 0 by opportunistic insiders, 5 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.20 on a 1–5 scale) (5 analysts), mean target USD 71.75 (range 65–80).
- Total return with dividends: 1Y +9.7% vs S&P 500 +14.9%; 5Y -50.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.42, revenue estimate $126M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (POWI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $703M | $651M | $445M | $419M | $444M | $449M |
| Gross profit | $361M | $367M | $229M | $225M | $242M | — |
| Operating income | $175M | $180M | $35.1M | $17.9M | $10.2M | $15.2M |
| Net income | $164M | $171M | $55.7M | $32.2M | $22.1M | $25.1M |
| EPS (diluted) | $2.67 | $2.93 | $0.97 | $0.56 | $0.39 | — |
| Free cash flow | $184M | $176M | $44.9M | $63.9M | $87.1M | $79.0M |
| Gross margin | 51.3% | 56.3% | 51.5% | 53.6% | 54.5% | — |
| Operating margin | 24.9% | 27.7% | 7.9% | 4.3% | 2.3% | 3.4% |
| Net margin | 23.4% | 26.2% | 12.5% | 7.7% | 5.0% | 5.6% |
| Revenue growth | +44.0% | -7.4% | -31.7% | -5.8% | +5.9% | — |
| Cash + short-term investments | $530M | $354M | $312M | $300M | $250M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (POWI)
P/E 105.0x · P/E ex non-operating (est.) ≈171.6x · P/S 5.9x · P/FCF 33.3x · P/B 3.9x · FCF yield 3.00% · Earnings yield 0.95% · Dividend yield (paid, TTM) 1.79% · Buyback yield (TTM) 1.61%
P/E at fiscal year-ends: Dec 2025 90.6x, Dec 2024 109.4x, Dec 2023 84.9x.
Insider sales (SEC Form 4, open-market, last ~7 months) (POWI)
0 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-22 | Lloyd Jennifer A | President and CEO | 12,690 | $936K | 8.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-29 | Gupta Sunil | Sr. Vice President, Operations | 6,860 | $574K | 9.6% | No | Routine (sold in Feb each year 2023–2025; this trade is outside those months) |
| 2026-05-28 | Balakrishnan Balu | Director | 124,287 | $10.7M | 30.8% | No | Routine (sold in Feb & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-27 | Brathwaite Nicholas | Director | 1,728 | $150K | 7.2% | No | Too little history (no open-market trades in 2025) |
| 2026-05-26 | Gupta Sunil | Sr. Vice President, Operations | 15,894 | $1.3M | 18.2% | No | Routine (sold in Feb each year 2023–2025; this trade is outside those months) |
| 2026-05-26 | Brathwaite Nicholas | Director | 6,655 | $550K | 21.7% | No | Too little history (no open-market trades in 2025) |
| 2026-05-26 | Balakrishnan Balu | Director | 118,573 | $9.7M | 22.7% | No | Routine (sold in Feb & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-21 | Balakrishnan Balu | Director | 53,880 | $3.8M | 9.4% | No | Routine (sold in Feb & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-13 | Brathwaite Nicholas | Director | 6,895 | $499K | 18.4% | No | Too little history (no open-market trades in 2025) |
| 2026-04-02 | Jain Gagan | VP, Worldwide Sales | 313 | $16K | 1.2% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (POWI)
Consensus Buy (mean 2.20 on a 1–5 scale), 5 analysts; mean target USD 71.75 (low 65, high 80).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Susquehanna | Target lowered | Positive | $85 → $70 |
| 2026-10-05 | Stifel | Target lowered | Buy | $80 → $72 |
| 2026-08-06 | Stifel | Target lowered | Buy | $95 → $80 |
| 2026-08-06 | Needham | Target lowered | Buy | $90 → $80 |
Total return (dividends reinvested) (POWI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +9.7% | -50.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +9.8% | -13.2% |
| Volatility (annualized) | 57.3% | 42.5% |
| Max drawdown | -48.8% (Jun 2026→Oct 2026) | -67.7% (Nov 2021→Nov 2025) |
POWI revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Hong Kong/China | $53.2M | 44.7% | -21.4% |
| Other APAC | $27.8M | 23.3% | +8.5% |
| EMEA | $17.4M | 14.7% | +36.6% |
| Singapore | $15.9M | 13.4% | +300.0% |
| Americas | $4.7M | 3.9% | -20.4% |
| Total revenue | $118.9M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
POWI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Lapis Semiconductor | “We contract with three foundries for the manufacture of the vast majority of our silicon wafers: (1) Lapis Semiconductor Co., Ltd., or Lapis, (formerly OKI Electric Industry), (2) Seiko Epson Corporation, or Epson and (3) X-FAB Semiconductor Foundries AG, or X-FAB.” |
| Supplier | Seiko Epson | “We contract with three foundries for the manufacture of the vast majority of our silicon wafers: (1) Lapis Semiconductor Co., Ltd., or Lapis, (formerly OKI Electric Industry), (2) Seiko Epson Corporation, or Epson and (3) X-FAB Semiconductor Foundries AG, or X-FAB.” |
| Supplier | X-FAB Semiconductor Foundries | “We contract with three foundries for the manufacture of the vast majority of our silicon wafers: (1) Lapis Semiconductor Co., Ltd., or Lapis, (formerly OKI Electric Industry), (2) Seiko Epson Corporation, or Epson and (3) X-FAB Semiconductor Foundries AG, or X-FAB.” |
| Competitor | Infineon | “Competing alternatives to our high-voltage ICs for the power-supply market include monolithic and hybrid ICs from companies such as STMicroelectronics, Infineon Technologies and Sanken Electric Company, as well as PWM-controller chips paired with discrete high-voltage silicon or GaN transistors.” |
| Competitor | STMicroelectronics (STM) | “Competing alternatives to our high-voltage ICs for the power-supply market include monolithic and hybrid ICs from companies such as STMicroelectronics, Infineon Technologies and Sanken Electric Company, as well as PWM-controller chips paired with discrete high-voltage silicon or GaN transistors.” |
| Competitor | NXP Semiconductors (NXPI) | “Such controller chips are produced by a large number of vendors, including those listed above as well as others including NXP Semiconductors, Texas Instruments, Diodes Inc., On-Bright Electronics, MediaTek Inc., Renesas Electronics, and, in recent years, an increasing number of Chinese suppliers such as Southchip Semiconductor, Chipown Microelectronics and Hangzhou Silan Microelectronics Co. Competing suppliers of…” |
| Competitor | Texas Instruments (TXN) | “Such controller chips are produced by a large number of vendors, including those listed above as well as others including NXP Semiconductors, Texas Instruments, Diodes Inc., On-Bright Electronics, MediaTek Inc., Renesas Electronics, and, in recent years, an increasing number of Chinese suppliers such as Southchip Semiconductor, Chipown Microelectronics and Hangzhou Silan Microelectronics Co. Competing suppliers of…” |
| Competitor | MediaTek | “Such controller chips are produced by a large number of vendors, including those listed above as well as others including NXP Semiconductors, Texas Instruments, Diodes Inc., On-Bright Electronics, MediaTek Inc., Renesas Electronics, and, in recent years, an increasing number of Chinese suppliers such as Southchip Semiconductor, Chipown Microelectronics and Hangzhou Silan Microelectronics Co. Competing suppliers of…” |
| Competitor | Renesas | “Such controller chips are produced by a large number of vendors, including those listed above as well as others including NXP Semiconductors, Texas Instruments, Diodes Inc., On-Bright Electronics, MediaTek Inc., Renesas Electronics, and, in recent years, an increasing number of Chinese suppliers such as Southchip Semiconductor, Chipown Microelectronics and Hangzhou Silan Microelectronics Co. Competing suppliers of…” |
| Competitor | onsemi (ON) | “Our motor-driver ICs compete with power modules from such companies as ON Semiconductor, Infineon, STMicroelectronics, Mitsubishi and Sanken as well as discrete designs from a wide range of other suppliers.” |
Quoted from the company's 10-K filed Feb 6, 2026.
POWI customer concentration
In the period ended Jun 30, 2026, 4 direct customers each accounted for at least 10% (33%, 16%, 11%, 11%) of revenue, per the company's 10-Q filed Aug 6, 2026. The company does not name them.
POWI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.41 | $0.39 | +5.2% | $126.0M | 4 |
| Next quarter (ends Dec 2026) | $0.40 | $0.38 | +6.9% | $124.4M | 4 |
| Current fiscal year (ends Dec 2026) | $1.39 | $1.33 | +4.2% | $477.4M | 5 |
| Next fiscal year (ends Dec 2027) | $1.87 | $1.85 | +1.1% | $545.4M | 5 |
POWI options: expected move
Options price a move of about ±16.3% (±$7.70) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 72.4% | ±16.3% |
| Dec 18, 2026 | 56 | 68.3% | ±21.3% |
| Jan 15, 2027 | 84 | 61.7% | ±23.2% |
| Apr 16, 2027 | 175 | 64.7% | ±34.6% |
| Jun 17, 2027 | 237 | 60.8% | ±37.5% |
30-day implied volatility 66.6% vs 47.2% realized over the last 30 trading days. Put/call ratio (volume) 0.33. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:58 UTC)
| Price | USD 47.12 |
|---|---|
| Change | ▼ 2.34% (down) |
| Previous Close | USD 48.25 |
| Open | USD 46.37 |
| Day Range | USD 45.91 – 47.79 |
| 52-Week Range | USD 30.86 – 91.18 |
| Volume | 768,480 shares |
| Market Cap | $2.63B |
| Exchange | NMS |
Technical Analysis (POWI)
Nexqual's technical model rates POWI "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:58 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 44.09 (neutral) |
| vs SMA50 | Below (USD 51.39) |
| MACD | -1.67 (negative) |
Analyst Ratings (POWI)
Wall Street analysts rate POWI "Buy" based on 5 analysts, with a mean price target of USD 71.75 (range USD 65–80), per Nexqual as of October 23, 2026 at 09:58 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 71.75 |
| High Target | USD 80 |
| Low Target | USD 65 |
| Buy / Hold / Sell | 3 / 2 / 0 |
Earnings (POWI)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.42 |
| Revenue Estimate | $125.96M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.37 vs est 0.32 ▲ beat |
| 2026-03-31 | USD 0.25 vs est 0.24 ▲ beat |
| 2025-12-31 | USD 0.23 vs est 0.19 ▲ beat |
| 2025-09-30 | USD 0.36 vs est 0.35 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financials & Fundamentals (POWI)
| Total Revenue | $449.37M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2.70% |
| Gross Margin | +53.72% |
| Operating Margin | +7.48% |
| Profit Margin | +5.58% |
| ROE | +3.62% |
| Current Ratio | 7.07 |
| Total Cash | $262.61M |
| Total Debt | $0 |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $79.04M (17.6% of revenue) |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financial Health Score (POWI)
Nexqual rates Power Integrations, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:58 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 54%, operating 7% (last 12 months) |
| Balance Sheet | Mixed — $263M cash, no debt |
| Cash Flow | Strong — FCF $79M (last 4 quarters to Jun 2026, SEC), 18% margin |
| Efficiency | Weak — ROE 4%, ROA 2.6% |
Ownership (POWI)
| Insider Ownership | +1.69% |
|---|---|
| Institutional Ownership | +113.01% |
| Shares Outstanding | 55.87M |
| Float | 55.01M |
| Short % of Float | +13.90% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Leadership (POWI)
Power Integrations, Inc. is led by Jennifer A. Lloyd, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:58 UTC.
| President, CEO & Director | Jennifer A. Lloyd |
|---|---|
| Vice President of Worldwide Sales | Gagan Jain |
| Chief Financial Officer | Nancy L. Erba |
| VP & CTO | David M. H. Matthews |
| Director of Investor Relations & Corporate Communications | Joe Shiffler |
Major Backers & Investors (POWI)
Notable institutional backers of Power Integrations, Inc. include Wellington Management, William Blair Investment Management, LLC, Neuberger Berman Group, LLC, according to Nexqual as of October 23, 2026 at 09:58 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Wellington Management | 6.44% |
| William Blair Investment Management, LLC | 4.26% |
| Neuberger Berman Group, LLC | 3.62% |
| Price (T.Rowe) Associates Inc | 3.45% |
| Disciplined Growth Investors, Inc. | 3.39% |
| Invesco | 2.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.61% |
| Vanguard Group | 13.78% |
| State Street | 5.72% |
| Geode Capital | 3.23% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
From Power Integrations, Inc.'s Latest SEC 10-K Filing (filed 2026-02-06)
Key Strengths & Strategy (as disclosed to the SEC)
- Our proprietary PowiGaN™ high-voltage transistor technology, introduced in 2019, increases the value of our ICs by replacing silicon transistors with higher-performance gallium-nitride ("GaN") switches, and also enables us to address a wider range of applications.
- Our proprietary high-voltage processes do not require leading-edge geometries, which enables us to use our foundries' older, lower-cost facilities for wafer manufacturing.
- Our proprietary GaN transistor technology offers substantially higher levels of active-mode efficiency compared to traditional silicon switches, while our BridgeSwitch™ motor-driver ICs not only minimize power waste but also eliminate the need for heatsinks in many applications, which in turn reduces cost and weight.
- We regard as proprietary some equipment, processes, information and knowledge that we have developed and used in the design and manufacture of our products.
Partnerships
- The agreement with X-FAB also requires us to supply them with rolling six-month forecasts on a monthly basis.
Legal & Regulatory Risks (Item 1A, quoted)
- Risks Related to Laws and Regulations
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NVTS | Navitas Semiconductor Corporati | USD 8.49 | ▼ 7.31% |
| DIOD | Diodes Incorporated | USD 81.64 | ▼ 8.1% |
| VSH | Vishay Intertechnology, Inc. | USD 27.03 | ▼ 9.54% |
| SYNA | Synaptics Incorporated | USD 117.04 | ▼ 0.39% |
| PI | Impinj, Inc. | USD 162.7 | ▼ 9.01% |
| CRUS | Cirrus Logic, Inc. | USD 110.49 | ▼ 0.14% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:58 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt