Benchmark Analyst Reiterates 'Buy' Rating for Power Integrations with $70 Price Target

Benchmark analyst David Williams reiterated a 'Buy' rating for Power Integrations (POWI) with a $70 price target. The investment firm maintains confidence in POWI's performance and prospects. The rating and price target serve as indicators of the stock's potential value and growth outlook in the financial market.

Power Integrations (POWI) has announced a significant leadership change, with Dr. Jennifer A. Lloyd assuming the role of CEO effective July 21, 2025. The appointment of Lloyd, who previously served on POWI's board and held senior positions at Analog Devices, Inc., underscores the company's strategic focus on growth in the clean energy market. Balu Balakrishnan, who led POWI for 23 years, will transition to Executive Chairman for six months before becoming a non-executive board member [1].

Lloyd's appointment comes at a critical juncture for the clean energy sector, as global demand for renewable energy solutions surges. Her extensive experience in power electronics and semiconductor design, coupled with her familiarity with POWI's operations, positions her to drive innovation and growth in key markets such as automotive and renewable energy [2].

Analysts have responded positively to the leadership transition. Benchmark analyst David Williams reiterated a 'Buy' rating for POWI with a $70 price target, expressing confidence in the company's performance and prospects. This rating serves as an indicator of the stock's potential value and growth outlook in the financial market [3].

Power Integrations reported strong financial performance in the first quarter of 2024, with revenue rising 15% year-over-year to $106 million, exceeding analyst projections. The company's balance sheet boasts more cash than debt, and analysts expect profit growth this year, reflecting a solid financial foundation for future growth initiatives [1].

The company's recent developments, including the appointment of Deloitte & Touche LLP as the independent public accounting firm and the approval of executive compensation, reflect its strategic direction and financial performance. POWI is set to release its second-quarter financial results on August 6, 2025, providing investors with further insights into its financial health and growth prospects [2].

In conclusion, Jennifer Lloyd's appointment marks a strategic pivot for Power Integrations, aligning its leadership with the demands of a fast-evolving clean energy economy. With a technical visionary at the helm and a clear roadmap to dominate high-growth markets, the company is well-positioned to deliver value—if it can execute flawlessly. For investors, this transition offers a compelling entry point to bet on the future of power electronics—and the green revolution they enable.

References:
[1] https://www.investing.com/news/company-news/power-integrations-names-jennifer-lloyd-as-new-ceo-93CH-4134373
[2] https://www.morningstar.com/news/business-wire/20250716083426/power-integrations-to-release-second-quarter-financial-results-on-august-6
[3] https://www.ainvest.com/news/power-integrations-leadership-positions-company-dominance-clean-energy-markets-2507/