Analysts Set Navitas Semiconductor Corporation (NASDAQ:NVTS) Target Price at $5.65

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS) have received an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $5.65.

Several brokerages have recently weighed in on NVTS. Morgan Stanley set a $4.40 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities reissued a “buy” rating and set a $8.00 target price on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Needham & Company LLC restated a “buy” rating and set a $8.00 price objective on shares of Navitas Semiconductor in a research report on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft cut shares of Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a report on Tuesday, June 17th. Finally, CJS Securities lowered shares of Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research report on Monday, August 18th.

Navitas Semiconductor Trading Down 2.1%

Shares of NVTS opened at $5.64 on Monday. The stock has a market cap of $1.20 billion, a P/E ratio of -8.68 and a beta of 3.00. The company has a 50-day moving average of $6.70 and a two-hundred day moving average of $4.59. Navitas Semiconductor has a 12-month low of $1.52 and a 12-month high of $9.48.

Navitas Semiconductor (NASDAQ:NVTS) last posted its quarterly earnings data on Monday, August 4th. The company reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). Navitas Semiconductor had a negative net margin of 182.63% and a negative return on equity of 18.16%. The business had revenue of $14.49 million during the quarter, compared to analyst estimates of $14.43 million. During the same quarter in the previous year, the business posted ($0.07) earnings per share. The company’s revenue was down 29.2% on a year-over-year basis. Navitas Semiconductor has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Navitas Semiconductor will post -0.51 EPS for the current fiscal year.

Insider Activity

In other news, Director Brian Long sold 500,000 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $6.05, for a total value of $3,025,000.00. Following the sale, the director owned 3,920,991 shares in the company, valued at approximately $23,721,995.55. The trade was a 11.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ranbir Singh acquired 18,645,603 shares of the company’s stock in a transaction on Monday, July 28th. The shares were purchased at an average cost of $8.79 per share, with a total value of $163,894,850.37. Following the completion of the acquisition, the director directly owned 18,645,603 shares in the company, valued at approximately $163,894,850.37. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 740,968 shares of company stock worth $4,828,235. Corporate insiders own 29.90% of the company’s stock.

Institutional Investors Weigh In On Navitas Semiconductor

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets grew its position in Navitas Semiconductor by 1,332.3% in the second quarter. BNP Paribas Financial Markets now owns 1,604,538 shares of the company’s stock valued at $10,510,000 after acquiring an additional 1,492,512 shares during the last quarter. Invesco Ltd. raised its position in Navitas Semiconductor by 75.2% in the 2nd quarter. Invesco Ltd. now owns 3,206,008 shares of the company’s stock valued at $20,999,000 after buying an additional 1,376,205 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Navitas Semiconductor by 1,742.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,428,386 shares of the company’s stock valued at $9,356,000 after purchasing an additional 1,350,857 shares during the period. Bank of America Corp DE grew its stake in shares of Navitas Semiconductor by 180.5% during the 4th quarter. Bank of America Corp DE now owns 1,234,375 shares of the company’s stock worth $4,407,000 after acquiring an additional 794,371 shares during the period. Finally, FORA Capital LLC bought a new position in shares of Navitas Semiconductor during the 2nd quarter worth $3,309,000. Institutional investors and hedge funds own 46.14% of the company’s stock.

Navitas Semiconductor Company Profile

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.