Power Integrations boasts exceptional free cash flow conversion at 476% of net income and a perfect 9/9 Piotroski F-Score, but the stock has already exceeded its analyst price target with negative implied upside, and heavy customer concentration with 81% of revenue from the top ten customers adds meaningful fragility to the earnings outlook.
Thesis pillars
- Customer Geographic Double Concentration↓Deteriorating
- Analyst Target Exceeded Negative Upside↓Deteriorating
- Exceptional Cash Conversion Quality→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 6, 2026· older than 90 days
Power Integrations, Inc. (POWI) Stock Analysis
Range Bound setup
Technology · Semiconductors
Sell if holding. Engine safety override at $46.80: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.7/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 106.88; Negative price momentum.
Power Integrations designs and markets analog and mixed-signal ICs for high-voltage power conversion, selling to industrial, consumer, computer, and communications end markets globally. Revenue comes from IC and gate-driver product sales to OEMs and distributors, with... Read more
Sell if holding. Engine safety override at $46.80: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.7/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 106.88; Negative price momentum. Chart setup: RSI 56 mid-range, Bollinger mid-band. Score 4.7/10, moderate confidence.
Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.
Recent developments
updated Nov 4, 2026Recent Developments — Power Integrations, Inc.
Latest news
- NEWS Power Integrations Sees Q4 Sales $118.000M-$126.000M vs $124.425M Est — benzinga Nov 4, 2026 negative
- NEWS Power Integrations Share News - Latest Updates, Live News & More - scanx.trade — scanx.trade Nov 1, 2026 neutral
- NEWS POWI Q3'26 Earnings: revenue estimate is 126.03M USD - TradingView — TradingView Oct 28, 2026 neutral
- NEWS Earnings To Watch: Power Integrations (POWI) Reports Q2 Results Tomorrow - StockStory — StockStory Aug 4, 2026 neutral
- NEWS Earnings To Watch: Power Integrations (POWI) Reports Q2 Results Tomorrow - stockstory.org — stockstory.org Aug 4, 2026 neutral
Latest item Nov 4, 2026 · Generated 2026-11-05T11:49:11Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomertop ten customers81%10-K Item 1: 'Our top ten customers, including distributors that resell to OEMs and merchant power supply manufacturers, accounted for approximately 81%, 79% and 80% of net revenue in 2025'
- HIGHGeographicinternational sales (outside U.S.)98%10-K Item 1A: 'Approximately 98% of our net revenue for each of the years ended December 31, 2025, 2024 and 2023 was generated by sales to customers outside of the U.S.'
- MEDIUMSupplierEpson, Lapis, X-FAB wafer foundries10-K Item 1A: 'Our primary supply arrangements for the production of wafers are with Epson, Lapis and X-FAB.'
Material Events(8-K, last 90d)
- 2026-05-07Item 5.02LOWMike Balow appointed as SVP, Worldwide Sales, effective May 4, 2026. Previously served as EVP of sales at onsemi (2021-2025) and Infineon Technologies. No predecessor departure cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
5 floor-breakers
Volatile — 5.5% daily ATR makes tight stops impractical. Position-size conservatively.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $46.80: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.7/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 106.88; Negative price momentum. Chart setup: RSI 56 mid-range, Bollinger mid-band. Prior stop was $43.52. Score 4.7/10, moderate confidence.
Analyst target: $62.90 (+34.4% upside). Prior stop was $43.52. Stop-loss: $43.52.
Concentration risk — Customer: top ten customers (81.0%); Concentration risk — Geographic: international sales (outside U.S.) (98.0%); Risk below floor (2.7 < 3.0).
Power Integrations, Inc. trades at a P/E of 106.4 (forward 25.2). TrendMatrix value score: 5.6/10. Verdict: Sell.
11 analysts rate POWI, with a consensus score of 4.2/5. 3 analysts publish price targets averaging $74.
What does Power Integrations, Inc. do?Power Integrations designs and markets analog and mixed-signal ICs for high-voltage power conversion, selling to...
Power Integrations designs and markets analog and mixed-signal ICs for high-voltage power conversion, selling to industrial, consumer, computer, and communications end markets globally. Revenue comes from IC and gate-driver product sales to OEMs and distributors, with approximately 98% from international customers in 2025 and top-10 customers representing ~81% of net revenue.