NASDAQ:NVTS Navitas Semiconductor (NVTS) Stock Forecast, Price & News $6.82 -0.42 (-5.80%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$6.81▼$7.0850-Day Range$6.82▼$10.8352-Week Range$3.11▼$11.16Volume1.42 million shsAverage Volume1.99 million shsMarket Capitalization$1.18 billionP/E RatioN/ADividend YieldN/APrice Target$9.89 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Navitas Semiconductor MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside45.0% Upside$9.89 Price TargetShort InterestBearish9.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$8.02 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.46) to ($0.40) 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.2.12 out of 5 starsComputer And Technology Sector326th out of 586 stocksSemiconductors & Related Devices Industry52nd out of 81 stocks 4.3 Analyst's Opinion Consensus RatingNavitas Semiconductor has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.89, Navitas Semiconductor has a forecasted upside of 45.0% from its current price of $6.82.Amount of Analyst CoverageNavitas Semiconductor has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.49% 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 4.8.Change versus previous monthShort interest in Navitas Semiconductor has recently increased by 4.84%, indicating that investor sentiment is decreasing. 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 1.3 News and Social Media Coverage News SentimentNavitas Semiconductor has a news sentiment score of 0.38. 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 lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Navitas Semiconductor this week, compared to 2 articles on an average week.Search InterestOnly 12 people have searched for NVTS on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Navitas Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 $8,020,123.00 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 37.45% 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 ($0.46) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Navitas Semiconductor is -6.69, 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 -6.69, 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 2.73. P/B Ratios below 3 indicates that a company is reasonably valued 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 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.Read More NVTS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVTS Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comNavitas Announces Comprehensive Investor Day, 2023September 14, 2023 | finance.yahoo.comNavitas’ SiC Experts Take Center Stage at ICSCRM 2023September 21, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 11, 2023 | americanbankingnews.comNavitas Semiconductor Co. (NASDAQ:NVTS) CEO Sells $145,890.90 in StockAugust 23, 2023 | finance.yahoo.comNavitas To Reveal Major Breakthrough in Next-Gen Power Semiconductors at SEMICON Taiwan 2023August 21, 2023 | finance.yahoo.comNavitas Semiconductor Corporation (NVTS) Stock Climbed After Management Reiterated Its OutlookAugust 15, 2023 | finanznachrichten.deNavitas Semiconductor Corporation: Navitas Semiconductor Announces Second Quarter 2023 Financial ResultsAugust 15, 2023 | markets.businessinsider.comAnalyst Expectations for Navitas Semiconductor's FutureSeptember 21, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 14, 2023 | finance.yahoo.comNavitas Semiconductor Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comNavitas GaN CRPS185 3,200 W “Titanium Plus” Server Power Platform Drives the AI RevolutionJuly 19, 2023 | finance.yahoo.comNavitas Semiconductor to Report Q2 2023 Financial Results on Monday, August 14th, 2023July 5, 2023 | fool.comNavitas Semiconductor (NASDAQ: NVTS)July 5, 2023 | finance.yahoo.comNavitas Confirms Continued Supply of Leading-Edge Gallium Nitride Power ICsJune 29, 2023 | seekingalpha.comNavitas: Investors Are Overlooking This Significant RiskJune 29, 2023 | finance.yahoo.comNavitas and Plexim Accelerate Time-to-Market with PLECS Models for Next-generation GeneSiC™ Power SemiconductorsJune 27, 2023 | seekingalpha.comKey Considerations For Those Contemplating A Position In Navitas SemiconductorJune 27, 2023 | finance.yahoo.comIndividual investors account for 48% of Navitas Semiconductor Corporation's (NASDAQ:NVTS) ownership, while institutions account for 19%June 23, 2023 | benzinga.comNavitas and GravaStar "Roll Out" World's First 65 W GaNFast™ Chargers Customized to Transformers™ Movie CharactersJune 23, 2023 | stockhouse.comNavitas and GravaStar "Roll Out" World's First 65 W GaNFast(TM) Chargers Customized to Transformers(TM) Movie CharactersJune 23, 2023 | finance.yahoo.comNavitas and GravaStar “Roll Out” World’s First 65 W GaNFast™ Chargers Customized to Transformers™ Movie CharactersJune 20, 2023 | finance.yahoo.comNavitas to “Electrify Our World™” with Next-gen Power Semiconductors at electronica China 2023June 5, 2023 | finance.yahoo.comNavitas Semiconductor Announces Full Exercise of Underwriters’ Option to Purchase Additional SharesMay 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 23, 2023 | msn.comNavitas Semiconductor commences $80M public offering of class A common stockSee More Headlines 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 Company Calendar Last Earnings8/14/2023Today9/21/2023Next Earnings (Estimated)11/08/2023Fiscal 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/AEmployees230Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.89 High Stock Price Forecast$12.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+43.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$73.91 million Net Margins-294.91% Pretax Margin-206.51% Return on Equity-21.11% Return on Assets-18.27% Debt Debt-to-Equity RatioN/A Current Ratio5.54 Quick Ratio4.73 Sales & Book Value Annual Sales$54.01 million Price / Sales22.22 Cash FlowN/A Price / Cash FlowN/A Book Value$2.50 per share Price / Book2.76Miscellaneous Outstanding Shares173,720,000Free Float109,791,000Market Cap$1.20 billion OptionableNot Optionable Beta2.41 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Eugene A. Sheridan (Age 56)Co-Founder, CEO, Pres & Chairman Comp: $705.95kMr. Daniel M. Kinzer (Age 65)Co-Founder, CTO, COO & Director Comp: $535.12kMr. Ronald K. Shelton (Age 61)Sr. VP, CFO & Treasurer Comp: $377.72kDr. Ranbir Singh Ph.D. (Age 53)Exec. VP of GeneSiC Bus. Comp: $382.67kMr. Nicholas Fichtenbaum Ph.D.Co-Founder & VP of EngineeringMr. Jason ZhangCo-Founder & VP of Applications & Technical MarketingMr. 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. Todd H. Glickman (Age 39)Sr. VP of Fin. More ExecutivesKey CompetitorsUltra CleanNASDAQ:UCTTPhotronicsNASDAQ:PLABSMART GlobalNASDAQ:SGHindie SemiconductorNASDAQ:INDISemtechNASDAQ:SMTCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 38,628 shares on 9/21/2023Ownership: 0.023%Eugene SheridanSold 16,866 sharesTotal: $145,890.90 ($8.65/share)Richard J HendrixSold 20,000 sharesTotal: $177,000.00 ($8.85/share)Portside Wealth Group LLCBought 12,991 shares on 9/1/2023Ownership: 0.007%Daniel M KinzerSold 57,826 sharesTotal: $479,955.80 ($8.30/share)View All Insider TransactionsView All Institutional Transactions NVTS Stock - Frequently Asked Questions Should I buy or sell Navitas Semiconductor stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Navitas Semiconductor in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 6 analysts have issued twelve-month price objectives for Navitas Semiconductor's shares. Their NVTS share price forecasts range from $6.00 to $12.00. On average, they predict the company's share price to reach $9.89 in the next year. This suggests a possible upside of 43.1% 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 2023? Navitas Semiconductor's stock was trading at $3.51 at the beginning of the year. Since then, NVTS stock has increased by 96.9% and is now trading at $6.91. 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 Wednesday, November 8th 2023. View our NVTS earnings forecast. How were Navitas Semiconductor's earnings last quarter? Navitas Semiconductor Co. (NASDAQ:NVTS) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.06. The business had revenue of $18.06 million for the quarter, compared to analysts' expectations of $16.52 million. Navitas Semiconductor had a negative trailing twelve-month return on equity of 21.11% and a negative net margin of 294.91%. What ETFs hold Navitas Semiconductor's stock? ETFs with the largest weight of Navitas Semiconductor (NASDAQ:NVTS) stock in their portfolio include Invesco Dorsey Wright Technology Momentum ETF (PTF), SPDR S&P Semiconductor ETF (XSD), Invesco WilderHill Clean Energy ETF (PBW) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).iShares Micro-Cap ETF (IWC). What guidance has Navitas Semiconductor issued on next quarter's earnings? Navitas Semiconductor issued an update on its third quarter 2023 earnings guidance on Monday, August, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $20.58 million-$21.42 million, compared to the consensus revenue estimate of $20.08 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.09%), State Street Corp (3.12%), Geode Capital Management LLC (1.14%), Penn Capital Management Company LLC (0.66%), Masters Capital Management LLC (0.59%) and Northern Trust Corp (0.53%). Insiders that own company stock include Daniel M Kinzer, David Moxam, 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 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 $6.91. How much money does Navitas Semiconductor make? Navitas Semiconductor (NASDAQ:NVTS) has a market capitalization of $1.20 billion and generates $54.01 million in revenue each year. The company earns $73.91 million in net income (profit) each year or ($1.02) on an earnings per share basis. How many employees does Navitas Semiconductor have? The company employs 230 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 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Navitas Semiconductor Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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