NASDAQ:NVTS

Navitas Semiconductor (NVTS) Stock Price, News & Analysis

$4.00
+0.03 (+0.76%)
(As of 05/14/2024 ET)
Today's Range
$3.92
$4.16
50-Day Range
$3.64
$5.38
52-Week Range
$3.54
$11.16
Volume
3.54 million shs
Average Volume
2.46 million shs
Market Capitalization
$717 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.41

Navitas Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
85.4% Upside
$7.41 Price Target
Short Interest
Bearish
19.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.08mentions of Navitas Semiconductor in the last 14 days
Based on 32 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.

2.57 out of 5 stars

Computer And Technology Sector

370th out of 599 stocks

Semiconductors & Related Devices Industry

58th out of 89 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

Double-Up Delights: 7 Stocks Poised to Soar 100% by 2025
Navitas Semiconductor (NASDAQ:NVTS) Price Target Cut to $10.00
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/15/2024
Next Earnings (Estimated)
8/12/2024
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
$7.41
High Stock Price Target
$10.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+85.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-145,430,000.00
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
$717 million
Optionable
Optionable
Beta
2.52
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Key Executives

  • Mr. Eugene A. Sheridan (Age 57)
    Co-Founder, CEO, President & Chairman
    Comp: $555.03k
  • Mr. Daniel M. Kinzer (Age 66)
    Co-Founder, CTO, COO & Director
    Comp: $457.11k
  • Dr. Ranbir Singh Ph.D. (Age 54)
    Executive Vice President of GeneSiC Business
    Comp: $379.4k
  • Mr. Nicholas Fichtenbaum Ph.D.
    Co-Founder & VP of Engineering
  • Mr. Jason Zhang
    Co-Founder & VP of Applications & Technical Marketing
  • Ms. Janet Tao Chou (Age 52)
    Executive VP, CFO & Treasurer
  • Mr. Stephen Oliver
    Vice President of Corporate Marketing & Investor Relations
  • Mr. Paul D. Delva
    Senior VP, General Counsel & Secretary
  • Mr. David W. Carroll (Age 63)
    Senior VP of Worldwide Sales
  • Mr. Todd H. Glickman (Age 40)
    Senior Vice President of Finance
    Comp: $579.67k

NVTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Navitas Semiconductor stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navitas Semiconductor in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

8 equities research analysts have issued 12-month price objectives for Navitas Semiconductor's stock. Their NVTS share price targets range from $4.00 to $10.00. On average, they expect the company's stock price to reach $7.41 in the next twelve months. This suggests a possible upside of 85.4% 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 50.4% and is now trading at $4.00.
View the best growth stocks for 2024 here
.

When is Navitas Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our NVTS earnings forecast
.

How were Navitas Semiconductor's earnings last quarter?

Navitas Semiconductor Co. (NASDAQ:NVTS) issued its earnings results on Thursday, February, 29th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.02. The business had revenue of $26.06 million for the quarter, compared to the consensus estimate of $25.68 million. Navitas Semiconductor had a negative trailing twelve-month return on equity of 21.32% and a negative net margin of 97.75%.

What ETFs hold Navitas Semiconductor's stock?

ETFs with the largest weight of Navitas Semiconductor (NASDAQ:NVTS) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD) and Invesco WilderHill Clean Energy ETF (PBW).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

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

Navitas Semiconductor issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $19.5 million-$20.5 million, compared to the consensus revenue estimate of $23.8 million.

Who are Navitas Semiconductor's major shareholders?

Navitas Semiconductor's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.03%), Swiss National Bank (0.14%), Healthcare of Ontario Pension Plan Trust Fund (0.11%), Russell Investments Group Ltd. (0.04%), Quantbot Technologies LP (0.02%) and 180 Wealth Advisors LLC (0.02%). 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 5/15/2024 by MarketBeat.com Staff

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