POWI
Power Integrations, Inc.

Power Integrations, Inc.POWI

Technology · Semiconductors
51.46USD
+3.94%
Sep 23, 2026
POWI overview ready
Supplier of High-Voltage Power-Conversion ICs Enhancing Efficiency and Density
Power Integrations supplies highly integrated high-voltage power-conversion ICs and isolated gate-driver products used by equipment makers to improve power-supply efficiency, power density, and component count.
Narrative not measured
Power Electrification and Efficiency Upgrade CycleHigh-Voltage Power-Conversion SemiconductorsComponent supplier
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the durability its demand has shown.
Unremarkable fundamentals
Primary risk
Cyclical demand in consumer electronics.
Market Sep 22Filing Jun 30Price action Sep 22Research Jul 17

Conviction Level

Theme Heat has no canonical measurement for this company — a research-profile dimension, not an input to this score.

NarrativeHeatThemeHeatPriceAction3.4Valuation2.9CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$2.9B
Avg Volume (60D)
744.6K
60 sessions
Revenue Growth YoY
+5.9%
FY2025 vs FY2024
Gross Margin
+53.6%
Trailing twelve months
Operating Margin
+3.4%
Trailing twelve months
Free Cash Flow Yield
+2.7%
Distance from 200DMA
-9.6%
Next Earnings
2026-11-05
P/E
114.7x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; peers is the dissenting view.
Power Integrations, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the durability its demand has shown. It trades at a 2.7% free-cash-flow yield, which requires sustained delivery to be justified.

Company Research

Thesis
Power Integrations supplies highly integrated high-voltage power-conversion ICs and isolated gate-driver products used by equipment makers to improve power-supply efficiency, power density, and component count.
Opportunity
Moderate opportunity
Adoption of more efficient, compact, and higher-power AC-DC and high-voltage conversion systems across chargers, appliances, industrial equipment, renewable-energy systems, transportation, and data-center power supplies.
Key risk
Cyclical demand in consumer electronics.

Narrative & Theme

Power Electrification and Efficiency Upgrade Cycle
Part of High-Voltage Power-Conversion Semiconductors, with moderate fit.
POWI has genuine exposure to a multi-industry efficiency and electrification demand system, rather than merely being a generic analog semiconductor company.
Narrative HeatHeating up7.3 / 10
This reading is no longer current (last measured 2026-08-14). It is kept until the next scheduled measurement replaces it.
Theme HeatUnavailable

Business & Markets

Technology · Semiconductors
What they do

Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and electronic components used in high-voltage power conversion applications.

How it earns

The company generates revenue primarily through transactional sales of its integrated circuits and related electronic components.

Products & services
Analog and mixed-signal integrated circuits
High-voltage power conversion products
Customers & end markets
Consumer electronics manufacturers
Industrial equipment makers
Market position

Power Integrations is a specialized player focused on high-voltage power conversion ICs within the semiconductor industry.

Demand drivers
Medium cyclicality

Demand is influenced by end-market electronics cycles and industrial investment trends.

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