Navitas Semiconductor (NASDAQ:NVTS) Shares Gap Up - Should You Buy?

Key Points

• Navitas Semiconductor's stock opened at $6.35 after closing at $6.08, with a traded volume of 7,897,035 shares.
• Analysts have mixed ratings for NVTS, with three rating it as a "Buy" and others issuing "Hold" or "Sell" ratings, resulting in an average target price of $5.65.
• Navitas reported a negative net margin of 182.63% and a revenue decline of 29.2% year-over-year, despite meeting earnings expectations with an EPS of ($0.05).

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $6.08, but opened at $6.35. Navitas Semiconductor shares last traded at $6.26, with a volume of 7,897,035 shares.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NVTS. Rosenblatt Securities restated a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a report on Tuesday, August 26th. Craig Hallum downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $6.00 price objective for the company. in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft cut Navitas Semiconductor from a "buy" rating to a "hold" rating and set a $3.50 target price on the stock. in a report on Tuesday, June 17th. CJS Securities lowered shares of Navitas Semiconductor from an "outperform" rating to a "market perform" rating in a report on Monday, August 18th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Navitas Semiconductor has a consensus rating of "Hold" and an average price target of $5.65.

Navitas Semiconductor Stock Performance

The business has a 50 day moving average of $6.69 and a two-hundred day moving average of $4.69. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -9.16 and a beta of 3.00.

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

Insiders Place Their Bets

In related news, Director Brian Long sold 750,000 shares of the firm's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $5.84, for a total value of $4,380,000.00. Following the transaction, the director owned 2,670,991 shares of the company's stock, valued at approximately $15,598,587.44. This trade represents a 21.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ranbir Singh acquired 18,645,603 shares of the firm's stock in a transaction on Monday, July 28th. The shares were bought 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. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 2,205,596 shares of company stock worth $13,041,333 over the last ninety days. Insiders own 29.90% of the company's stock.

Institutional Investors Weigh In On Navitas Semiconductor

Several institutional investors have recently bought and sold shares of NVTS. Cranbrook Wealth Management LLC purchased a new stake in Navitas Semiconductor in the 2nd quarter valued at $25,000. Simplicity Wealth LLC purchased a new stake in shares of Navitas Semiconductor in the first quarter valued at about $26,000. Larson Financial Group LLC purchased a new stake in shares of Navitas Semiconductor in the first quarter valued at about $28,000. NewEdge Advisors LLC lifted its position in shares of Navitas Semiconductor by 189.8% during the second quarter. NewEdge Advisors LLC now owns 4,492 shares of the company's stock valued at $29,000 after purchasing an additional 2,942 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in Navitas Semiconductor during the first quarter worth about $31,000. Institutional investors 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.