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Shares are down 11.6% on the day at $41.28, while Power Integrations reported a return to GAAP profitability in the third quarter with $18.3 million in net income. The move came as the company issued fourth-quarter revenue guidance below analyst consensus.
Power Integrations reported results for the third quarter of 2026. The company returned to GAAP profitability with $18.3 million in net income on $125.5 million in revenue, compared to a $1.4 million loss in the same period last year, according to Panabee. Next quarter’s revenue guidance of $122 million came in 1.9% below analysts’ consensus estimates, StockStory reported.
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Price broke below the prior weekly low at $42.63 and is setting a new low for the week. Shares of Power Integrations continue to trade beneath the MA-20, MA-50, and MA-200, with this alignment maintaining a bearish daily trend. Stoch RSI is nearing overbought territory, suggesting that any upward movement could soon be limited as the recent advance becomes stretched.
To determine whether the recent event is being fully reflected in the price, traders should look for a response around $42.63. After breaking that weekly low, the stock has pushed to a new low for this week. Still, even after a sharp move lower over the past week without a sustained trend, there is less than a 20% probability of upside and more than an 80% probability of further downside for the coming trading week, with an expected trading range between $38.66 and $43.89. A close back above $42.63 would indicate buyers are willing to follow through, while additional weakness below the recent range would suggest the move is being faded. On the weekly chart, the longer-term picture remains firmly negative.
Earlier, analysts noted that despite Power Integrations' advancements in gallium-nitride technology, the stock remained exposed to downside risk due to challenging technical conditions. The latest decline to $41.28, following softer-than-expected revenue guidance despite a return to profitability, reinforces the prevailing bearish scenario, with the $42.63 level continuing to serve as a key threshold for traders monitoring near-term direction.