BlackRock Inc. bought a new position in Navitas Semiconductor Corporation (NASDAQ:NVTS - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 16,237,182 shares of the company's stock, valued at approximately $290,970,000. BlackRock Inc. owned 6.22% of Navitas Semiconductor at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in shares of Navitas Semiconductor by 257.8% during the 4th quarter. Invesco Ltd. now owns 4,737,624 shares of the company's stock valued at $33,827,000 after buying an additional 3,413,394 shares in the last quarter. Marex Group plc lifted its position in Navitas Semiconductor by 22,203.8% during the 4th quarter. Marex Group plc now owns 2,675,113 shares of the company's stock valued at $19,100,000 after acquiring an additional 2,663,119 shares during the period. Ghisallo Capital Management LLC bought a new stake in Navitas Semiconductor during the fourth quarter worth about $15,867,000. UBS Group AG boosted its stake in Navitas Semiconductor by 131.0% during the fourth quarter. UBS Group AG now owns 3,307,036 shares of the company's stock worth $23,612,000 after acquiring an additional 1,875,228 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in Navitas Semiconductor in the third quarter worth about $11,243,000. Institutional investors own 46.14% of the company's stock.
Navitas Semiconductor Stock Up 1.8%
NASDAQ:NVTS opened at $12.67 on Thursday. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of -9.53 and a beta of 3.86. The company's 50 day moving average price is $14.17 and its 200-day moving average price is $14.63. Navitas Semiconductor Corporation has a 52 week low of $5.44 and a 52 week high of $34.17.
Navitas Semiconductor (NASDAQ:NVTS - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported ($0.04) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.04). Navitas Semiconductor had a negative net margin of 856.85% and a negative return on equity of 13.13%. The company had revenue of $10.53 million during the quarter, compared to analyst estimates of $9.97 million. During the same period in the previous year, the business earned ($0.25) EPS. The firm's revenue for the quarter was down 27.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Navitas Semiconductor Corporation will post -0.31 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have weighed in on NVTS. Needham & Company LLC reaffirmed a "buy" rating and set a $21.00 target price on shares of Navitas Semiconductor in a research note on Tuesday, July 28th. Morgan Stanley restated an "underweight" rating and issued a $12.60 price target on shares of Navitas Semiconductor in a research note on Tuesday, July 28th. Rosenblatt Securities reissued a "neutral" rating and issued a $13.00 target price on shares of Navitas Semiconductor in a report on Tuesday, July 28th. Wall Street Zen raised Navitas Semiconductor from a "sell" rating to a "hold" rating in a research note on Saturday, May 9th. Finally, Jefferies Financial Group set a $13.00 price target on Navitas Semiconductor in a report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $15.92.
View Our Latest Stock Report on NVTS
More Navitas Semiconductor News
Here are the key news stories impacting Navitas Semiconductor this week:
- Positive Sentiment: Claros acquisition strengthens AI strategy: Navitas agreed to acquire power-management company Claros for up to approximately $232.8 million. Claros’ vertical power delivery (VPD) and integrated voltage regulator (IVR) technologies would extend Navitas’ portfolio from the electrical grid to the AI processor, potentially addressing power-delivery constraints in next-generation data centers. The deal is expected to more than double Navitas’ 2030 serviceable addressable market to over $8 billion. Navitas To Acquire Claros, Advancing AI Infrastructure with VPD & IVR Technology for Grid-to-xPU
- Positive Sentiment: Improving AI-related outlook: Analysts highlight 22% sequential revenue growth in the second quarter, more than 50% year-over-year growth in high-power revenue, and third-quarter guidance reportedly 17% above prior estimates. AI infrastructure is expected to contribute more than one-third of fourth-quarter 2026 revenue, while the 800V data-center opportunity could begin scaling meaningfully from 2027 onward. One analysis reiterated a buy rating with a $22 price target. Navitas Semiconductor: Q2 2026 Moved The 800V Story Closer To Revenue
- Neutral Sentiment: Analyst and institutional interest is mixed: Recent analyst targets range from $13 to $21, with a reported median of $20. Institutional buying has been substantial, but other funds have reduced or exited positions. A report claiming increased short interest lists zero shares and a zero-day days-to-cover ratio, making that data unreliable.
- Negative Sentiment: Execution and valuation risks remain: The Claros transaction requires regulatory approval and successful integration, with part of the consideration tied to future milestones and additional stock-based compensation. Navitas remains unprofitable, revenue was down 27.3% year over year in the latest reported quarter, and insider activity over the past six months consisted entirely of sales. These factors could limit the stock’s upside if AI growth takes longer to materialize.
About Navitas Semiconductor
(
Free Report)
Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.
Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Navitas Semiconductor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Navitas Semiconductor wasn't on the list.
While Navitas Semiconductor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
