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Navitas Semiconductor (NVTS) Stock Forecast & Price Target

-0.37 (-7.52%)
(As of 07/17/2024 ET)

Navitas Semiconductor - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Navitas Semiconductor in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, and 4 have given a buy rating for NVTS.

Consensus Price Target

62.95% Upside
High Forecast$10.00
Average Forecast$7.41
Low Forecast$4.00

According to the 8 analysts' twelve-month price targets for Navitas Semiconductor, the average price target is $7.41. The highest price target for NVTS is $10.00, while the lowest price target for NVTS is $4.00. The average price target represents a forecasted upside of 62.95% from the current price of $4.55.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
0 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$7.41$7.41$9.82$8.50
Forecasted Upside62.95% Upside40.12% Upside35.47% Upside51.84% Upside
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NVTS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NVTS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Navitas Semiconductor Stock vs. The Competition

TypeNavitas SemiconductorComputer and Technology CompaniesS&P 500
Consensus Rating Score
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside59.10% Upside104.95% Upside7.55% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/7/2024Rosenblatt Securities
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$10.00 ➝ $10.00+115.52%
5/13/2024Jefferies Financial Group
2 of 5 stars
 Reiterated RatingBuy ➝ Hold$10.00 ➝ $4.00-1.72%
5/10/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetBuy ➝ Buy$9.00 ➝ $7.00+71.57%
5/10/2024Needham & Company LLC
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 Lower TargetBuy ➝ Buy$9.00 ➝ $7.00+49.25%
5/10/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$12.00 ➝ $7.00+49.25%
1/16/2024Northland Securities
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 Initiated CoverageMarket Perform
11/10/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$8.00 ➝ $6.90+10.22%
8/15/2023Bank of America
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 Lower TargetNeutral ➝ Neutral$11.00 ➝ $10.00+16.14%
11/15/2022Craig Hallum
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 Lower Target$6.00+9.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:05 PM ET.

NVTS Forecast - Frequently Asked Questions

What is Navitas Semiconductor's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Navitas Semiconductor is $7.41, with a high forecast of $10.00 and a low forecast of $4.00.

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.

Does Navitas Semiconductor's stock price have much upside?

According to analysts, Navitas Semiconductor's stock has a predicted upside of 40.12% based on their 12-month stock forecasts.

What analysts cover Navitas Semiconductor?

Navitas Semiconductor has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, Needham & Company LLC, Robert W. Baird, and Rosenblatt Securities in the past 90 days.

Do Wall Street analysts like Navitas Semiconductor more than its competitors?

Analysts like Navitas Semiconductor less than other "computer and technology" companies. The consensus rating score for Navitas Semiconductor is 2.50 while the average consensus rating score for "computer and technology" companies is 2.62. Learn more on how NVTS compares to other companies.

This page (NASDAQ:NVTS) was last updated on 7/17/2024 by Staff

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