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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:NVTS

Navitas Semiconductor (NVTS) Stock Price, News & Analysis

$4.77
+0.19 (+4.15%)
(As of 03/28/2024 ET)
Today's Range
$4.59
$4.92
50-Day Range
$4.27
$6.81
52-Week Range
$4.16
$11.16
Volume
3.17 million shs
Average Volume
4.95 million shs
Market Capitalization
$855.02 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
105.8% Upside
$9.82 Price Target
Short Interest
Bearish
16.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Navitas Semiconductor in the last 14 days
Based on 6 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.

1.96 out of 5 stars

Computer And Technology Sector

433rd out of 588 stocks

Semiconductors & Related Devices Industry

68th out of 91 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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NVTS Apr 2024 6.000 put
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NVTS Apr 2024 5.000 put
NVTS Sep 2024 10.000 call
Recap: Navitas Semiconductor Q4 Earnings
Navitas Powers Samsung Galaxy S24 with Integrated AI
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
+105.8%
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
$855.02 million
Optionable
Optionable
Beta
2.60
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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 12 month price targets for Navitas Semiconductor's shares. Their NVTS share price targets range from $6.90 to $12.00. On average, they expect the company's share price to reach $9.82 in the next twelve months. This suggests a possible upside of 105.8% 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 2024. Since then, NVTS stock has decreased by 40.9% and is now trading at $4.77.
View the best growth stocks for 2024 here
.

Are investors shorting Navitas Semiconductor?

Navitas Semiconductor saw a increase in short interest during 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 trading volume of 2,900,000 shares, the days-to-cover ratio is currently 6.6 days. Currently, 16.4% of the company's shares are short sold.
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) issued its quarterly earnings data on Thursday, February, 29th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.02. The firm had revenue of $26.06 million for the quarter, compared to analyst estimates of $25.68 million. Navitas Semiconductor had a negative net margin of 183.04% and a negative trailing twelve-month return on equity of 18.81%.

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

Navitas Semiconductor issued an update on 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 many different retail and institutional 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 3/29/2024 by MarketBeat.com Staff

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