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NASDAQ:NVTS

Navitas Semiconductor (NVTS) Stock Price, News & Analysis

$4.89
+0.31 (+6.77%)
(As of 11:57 AM ET)
Today's Range
$4.59
$4.92
50-Day Range
$4.27
$6.81
52-Week Range
$4.16
$11.16
Volume
1.42 million shs
Average Volume
3.04 million shs
Market Capitalization
$876.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.82

Navitas Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
114.3% Upside
$9.82 Price Target
Short Interest
Bearish
16.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Navitas Semiconductor in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$352,459 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.46) to ($0.39) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.94 out of 5 stars

Computer And Technology Sector

400th out of 588 stocks

Semiconductors & Related Devices Industry

62nd out of 92 stocks

NVTS stock logo

About Navitas Semiconductor Stock (NASDAQ:NVTS)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications. It operates in the United States, Europe, China, rest of Asia, and internationally. The company was founded in 2013 and is based in Torrance, California.

NVTS Stock Price History

NVTS Stock News Headlines

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According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
NVTS Apr 2024 6.000 put
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
NVTS Apr 2024 5.000 put
NVTS Sep 2024 10.000 call
Recap: Navitas Semiconductor Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
3/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:NVTS
Fax
N/A
Employees
314
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.82
High Stock Price Target
$12.00
Low Stock Price Target
$6.90
Potential Upside/Downside
+104.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-145,430,000.00
Net Margins
-183.04%
Pretax Margin
-184.34%

Debt

Sales & Book Value

Annual Sales
$79.46 million
Book Value
$2.12 per share

Miscellaneous

Free Float
113,288,000
Market Cap
$862.19 million
Optionable
Optionable
Beta
2.60
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Eugene A. Sheridan (Age 57)
    Co-Founder, CEO, President & Chairman
    Comp: $705.95k
  • Mr. Daniel M. Kinzer (Age 66)
    Co-Founder, CTO, COO & Director
    Comp: $535.12k
  • Mr. Ronald K. Shelton (Age 62)
    Executive Officer
    Comp: $377.72k
  • Dr. Ranbir Singh Ph.D. (Age 54)
    Executive Vice President of GeneSiC Business
    Comp: $382.67k
  • Mr. Nicholas Fichtenbaum Ph.D.
    Co-Founder & VP of Engineering
  • Mr. Jason Zhang
    Co-Founder & VP of Applications & Technical Marketing

NVTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Navitas Semiconductor stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Navitas Semiconductor in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NVTS shares.
View NVTS analyst ratings
or view top-rated stocks.

What is Navitas Semiconductor's stock price target for 2024?

6 equities research analysts have issued 1 year target prices for Navitas Semiconductor's stock. Their NVTS share price targets range from $6.90 to $12.00. On average, they predict the company's stock price to reach $9.82 in the next twelve months. This suggests a possible upside of 114.3% from the stock's current price.
View analysts price targets for NVTS
or view top-rated stocks among Wall Street analysts.

How have NVTS shares performed in 2024?

Navitas Semiconductor's stock was trading at $8.07 at the beginning of the year. Since then, NVTS stock has decreased by 43.2% and is now trading at $4.58.
View the best growth stocks for 2024 here
.

Are investors shorting Navitas Semiconductor?

Navitas Semiconductor saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 19,270,000 shares, an increase of 24.1% from the February 29th total of 15,530,000 shares. Based on an average daily volume of 2,900,000 shares, the days-to-cover ratio is currently 6.6 days. Currently, 16.4% of the shares of the company are sold short.
View Navitas Semiconductor's Short Interest
.

When is Navitas Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our NVTS earnings forecast
.

How were Navitas Semiconductor's earnings last quarter?

Navitas Semiconductor Co. (NASDAQ:NVTS) announced its earnings results on Thursday, February, 29th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.02. The company had revenue of $26.06 million for the quarter, compared to analyst estimates of $25.68 million. Navitas Semiconductor had a negative trailing twelve-month return on equity of 18.81% and a negative net margin of 183.04%.

What ETFs hold Navitas Semiconductor's stock?
What guidance has Navitas Semiconductor issued on next quarter's earnings?

Navitas Semiconductor updated its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.5 million-$23.5 million, compared to the consensus revenue estimate of $24.7 million.

Who are Navitas Semiconductor's major shareholders?

Navitas Semiconductor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.92%), Vanguard Group Inc. (4.92%), Kodai Capital Management LP (2.21%), Intrinsic Edge Capital Management LLC (1.52%), Masters Capital Management LLC (0.95%) and Dimensional Fund Advisors LP (0.95%). Insiders that own company stock include Daniel M Kinzer, David Moxam, Dipender Saluja, Eugene Sheridan, Gary Kent Wunderlich Jr, Ranbir Singh, Richard J Hendrix and Ron Shelton.
View institutional ownership trends
.

How do I buy shares of Navitas Semiconductor?

Shares of NVTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVTS) was last updated on 3/28/2024 by MarketBeat.com Staff

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