NASDAQ:NVTS Navitas Semiconductor (NVTS) Stock Forecast, Price & News $9.07 +0.03 (+0.33%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$8.90▼$9.3150-Day Range$5.28▼$9.4752-Week Range$3.11▼$9.72Volume2.06 million shsAverage Volume1.82 million shsMarket Capitalization$1.46 billionP/E RatioN/ADividend YieldN/APrice Target$8.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Navitas Semiconductor MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside6.3% Downside$8.50 Price TargetShort InterestBearish10.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.68Based on 3 Articles This WeekInsider TradingSelling Shares$120.78 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.25) to ($0.12) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.52 out of 5 starsComputer And Technology Sector527th out of 597 stocksSemiconductors & Related Devices Industry78th out of 84 stocks 1.4 Analyst's Opinion Consensus RatingNavitas Semiconductor has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.50, Navitas Semiconductor has a forecasted downside of 6.3% from its current price of $9.07.Amount of Analyst CoverageNavitas Semiconductor has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.14% of the float of Navitas Semiconductor has been sold short.Short Interest Ratio / Days to CoverNavitas Semiconductor has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Navitas Semiconductor has recently decreased by 3.33%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldNavitas Semiconductor does not currently pay a dividend.Dividend GrowthNavitas Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NVTS. Previous Next 3.7 News and Social Media Coverage News SentimentNavitas Semiconductor has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Navitas Semiconductor this week, compared to 2 articles on an average week.Search Interest25 people have searched for NVTS on MarketBeat in the last 30 days. This is an increase of 79% compared to the previous 30 days.MarketBeat Follows5 people have added Navitas Semiconductor to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Navitas Semiconductor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $120,780,978.00 in company stock.Percentage Held by Insiders36.80% of the stock of Navitas Semiconductor is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 22.70% of the stock of Navitas Semiconductor is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Navitas Semiconductor are expected to grow in the coming year, from ($0.25) to ($0.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Navitas Semiconductor is -22.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Navitas Semiconductor is -22.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNavitas Semiconductor has a P/B Ratio of 3.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Navitas Semiconductor (NASDAQ:NVTS) StockNavitas Semiconductor Corporation designs, develops, and markets gallium nitride (GaN) power integrated circuits used in power conversion and charging. It operates in the United States, Ireland, Germany, Italy, Belgium, China, Taiwan, and the Philippines. The company was incorporated in 2013 and is based in El Segundo, California.Read More Receive NVTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Navitas Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address NVTS Stock News HeadlinesJune 5, 2023 | finance.yahoo.comNavitas Semiconductor Announces Full Exercise of Underwriters’ Option to Purchase Additional SharesJune 2, 2023 | americanbankingnews.comNavitas Semiconductor Target of Unusually Large Options Trading (NASDAQ:NVTS)June 8, 2023 | Behind the Markets (Ad)⚡ 2,467% Return on Israeli Laser Company?This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.May 31, 2023 | finanznachrichten.deNavitas Semiconductor Corporation: Navitas Initiates Strategic Manufacturing InvestmentsMay 30, 2023 | finance.yahoo.comNavitas Initiates Strategic Manufacturing InvestmentsMay 24, 2023 | finance.yahoo.comNavitas Semiconductor Announces Pricing of Public Offering of Class A Common StockMay 24, 2023 | americanbankingnews.comNavitas Semiconductor Co. (NASDAQ:NVTS) Receives $8.50 Consensus Price Target from BrokeragesMay 23, 2023 | msn.comNavitas Semiconductor commences $80M public offering of class A common stockJune 8, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 23, 2023 | finance.yahoo.comNavitas Semiconductor Announces Proposed Public Offering of Class A Common StockMay 22, 2023 | finance.yahoo.comNavitas Semiconductor to be Added to Russell 3000® IndexMay 20, 2023 | americanbankingnews.comNavitas Semiconductor (NASDAQ:NVTS) PT Raised to $9.00 at Deutsche Bank AktiengesellschaftMay 18, 2023 | finance.yahoo.comNavitas Semiconductor Corporation (NVTS) Is Up 2.63% in One Week: What You Should KnowMay 18, 2023 | finance.yahoo.comNavitas’ Next-gen SiC Power Semis Adopted in Industrial Chargers from Exide TechnologiesMay 17, 2023 | finance.yahoo.comNavitas Semiconductor Corporation (NASDAQ:NVTS) Q1 2023 Earnings Call TranscriptMay 16, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Technology Stocks: C3ai (AI), Navitas Semiconductor (NVTS)May 16, 2023 | msn.comWhy Navitas Semiconductor Stock Soared 16% TodayMay 16, 2023 | finanznachrichten.deNavitas Semiconductor Corporation: Navitas Semiconductor Announces First Quarter 2023 Financial ResultsMay 16, 2023 | americanbankingnews.comNavitas Semiconductor (NASDAQ:NVTS) Price Target Raised to $8.00 at Bank of AmericaMay 15, 2023 | seekingalpha.comNavitas Semiconductor Non-GAAP EPS of -$0.07 beats by $0.01, revenue of $13.36M beats by $1.09MMay 15, 2023 | msn.comNavitas Semiconductor: Q1 Earnings InsightsMay 15, 2023 | msn.comNavitas Semiconductor Corporation (NVTS) Reports Q1 Loss, Tops Revenue EstimatesMay 15, 2023 | finance.yahoo.comNavitas Semiconductor Announces First Quarter 2023 Financial ResultsMay 14, 2023 | americanbankingnews.comNavitas Semiconductor (NVTS) Set to Announce Quarterly Earnings on MondayMay 12, 2023 | msn.comWhat 4 Analyst Ratings Have To Say About Navitas SemiconductorMay 12, 2023 | markets.businessinsider.comNavitas Semiconductor (NVTS) Receives a Rating Update from a Top AnalystMay 9, 2023 | marketwatch.comNavitas Launches into High-Power Markets with GeneSiC SiCPAK(TM) Modules and Accelerates Bare-Die SalesSee More Headlines NVTS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVTS Company Calendar Today6/07/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:NVTS CUSIPN/A CIK1821769 Webnavitassemi.com Phone844-654-2642FaxN/AEmployees162Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.50 High Stock Price Forecast$10.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside-6.3%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.41) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$73.91 million Net Margins-150.19% Pretax Margin-206.51% Return on Equity-22.72% Return on Assets-19.65% Debt Debt-to-Equity RatioN/A Current Ratio5.54 Quick Ratio4.73 Sales & Book Value Annual Sales$37.94 million Price / Sales38.47 Cash FlowN/A Price / Cash FlowN/A Book Value$2.50 per share Price / Book3.63Miscellaneous Outstanding Shares160,930,000Free Float101,709,000Market Cap$1.46 billion OptionableNot Optionable Beta2.34 Key ExecutivesMr. Eugene A. Sheridan (Age 58)Co-Founder, CEO, Pres & Chairman Comp: $1.38MMr. Daniel M. Kinzer (Age 65)Co-Founder, CTO, COO & Director Comp: $1.36MMr. Todd H. Glickman (Age 39)Sr. VP of Fin. Comp: $579.67kMr. Nicholas Fichtenbaum Ph.D.Co-Founder & VP of EngineeringMr. Jason ZhangCo-Founder & VP of Applications & Technical MarketingMr. Ronald K. Shelton (Age 61)Sr. VP, CFO & Treasurer Mr. Stephen OliverVP of Corp. Marketing & Investor RelationsMr. Paul D. DelvaSr. VP, Gen. Counsel & Sec.Mr. David W. Carroll (Age 62)Sr. VP of Worldwide Sales Mr. Anthony SchiroVP of Quality & SustainabilityMore ExecutivesKey CompetitorsSemtechNASDAQ:SMTCPhotronicsNASDAQ:PLABindie SemiconductorNASDAQ:INDIUltra CleanNASDAQ:UCTTHimax TechnologiesNASDAQ:HIMXView All CompetitorsInsiders & InstitutionsEmpower Advisory Group LLCBought 76,101 shares on 5/25/2023Ownership: 0.047%New York State Common Retirement FundBought 736,980 shares on 5/18/2023Ownership: 0.458%JPMorgan Chase & Co.Sold 8,666 shares on 5/18/2023Ownership: 0.024%Susquehanna International Group LLPBought 17,700 shares on 5/16/2023Ownership: 0.000%Ardsley Advisory Partners LPBought 20,000 shares on 5/16/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions NVTS Stock - Frequently Asked Questions Should I buy or sell Navitas Semiconductor stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Navitas Semiconductor in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NVTS shares. View NVTS analyst ratings or view top-rated stocks. What is Navitas Semiconductor's stock price forecast for 2023? 5 Wall Street research analysts have issued 1 year price objectives for Navitas Semiconductor's shares. Their NVTS share price forecasts range from $6.00 to $10.00. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests that the stock has a possible downside of 6.3%. View analysts price targets for NVTS or view top-rated stocks among Wall Street analysts. How have NVTS shares performed in 2023? Navitas Semiconductor's stock was trading at $3.51 on January 1st, 2023. Since then, NVTS shares have increased by 158.4% and is now trading at $9.07. View the best growth stocks for 2023 here. When is Navitas Semiconductor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our NVTS earnings forecast. What ETFs hold Navitas Semiconductor's stock? ETFs with the largest weight of Navitas Semiconductor (NASDAQ:NVTS) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW), Invesco DWA Technology Momentum ETF (PTF), SPDR S&P Semiconductor ETF (XSD), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), What guidance has Navitas Semiconductor issued on next quarter's earnings? Navitas Semiconductor issued an update on its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $16.00 million-$17.00 million, compared to the consensus revenue estimate of $15.17 million. What is Navitas Semiconductor's stock symbol? Navitas Semiconductor trades on the NASDAQ under the ticker symbol "NVTS." Who are Navitas Semiconductor's major shareholders? Navitas Semiconductor's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (1.57%), BlackRock Inc. (0.92%), Penn Capital Management Company LLC (0.66%), First Trust Advisors LP (0.57%), Geode Capital Management LLC (0.56%) and New York State Common Retirement Fund (0.46%). Insiders that own company stock include Daniel M Kinzer, David Moxam, Eugene Sheridan, Ranbir Singh 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Navitas Semiconductor's stock price today? One share of NVTS stock can currently be purchased for approximately $9.07. How much money does Navitas Semiconductor make? Navitas Semiconductor (NASDAQ:NVTS) has a market capitalization of $1.46 billion and generates $37.94 million in revenue each year. The company earns $73.91 million in net income (profit) each year or ($0.41) on an earnings per share basis. How many employees does Navitas Semiconductor have? The company employs 162 workers across the globe. How can I contact Navitas Semiconductor? Navitas Semiconductor's mailing address is 40 S. Main Street #2550, MEMPHIS TN, 38103. The official website for the company is navitassemi.com. The company can be reached via phone at 844-654-2642 or via email at info@navitassemi.com. This page (NASDAQ:NVTS) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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