Stifel analyst Tore Svanberg has maintained a Buy rating on Power Integrations (NASDAQ: POWI) and increased the price target to $95. The previous target was $82.

Rating and Target Details

The adjustment reflects a positive outlook on the company's performance. The revised price target suggests potential upside from current levels.

Power Integrations granted inducement awards to new employees, including its General Counsel and Corporate Secretary, as a material incentive for employment. The awards, approved by the Talent and Compensation Committee under Nasdaq Rule 5635(c)(4), were issued on June 15, 2026, pursuant to the company’s Amended and Restated 2025 Inducement Award Plan. The grants are designed to align employee interests with company performance and retention.

Andrew Hughes, who began his role as General Counsel and Corporate Secretary in May 2026, received the largest portion of the awards. He was granted 29,408 restricted stock units (RSUs), 2,246 performance stock units (PSUs), and 12,603 long-term performance stock units (PRSUs) at target. Additionally, nine other new employees who joined in May and June 2026 received a total of 3,842 RSUs and 455 PSUs at target.

The vesting terms differ by award type. One-fourth of the RSUs will vest on each of the first four anniversaries of the Grant Date, subject to the recipient’s continued service through each vesting date. The PSUs and PRSUs will vest based on the achievement of the company’s performance metrics for 2026 and 2028, respectively, as determined by the Talent and Compensation Committee. These awards can vest up to a maximum of 200% of the target number, contingent on continued service through December 31 of the applicable year.

Inducement Grant Breakdown

The awards are subject to the terms of the applicable RSU, PSU, and PRSU agreements, as well as the Amended and Restated 2025 Inducement Award Plan. Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion, enabling renewable energy generation and efficient power transmission and consumption.