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Navitas Semiconductor (NVTS) Stock Forecast & Price Target

$4.12
-0.10 (-2.37%)
(As of 06/20/2024 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

Consensus Price Target

$7.41
79.96% Upside
High Forecast$10.00
Average Forecast$7.41
Low Forecast$4.00
TypeCurrent Forecast
6/22/23 to 6/21/24
1 Month Ago
5/23/23 to 5/22/24
3 Months Ago
3/24/23 to 3/23/24
1 Year Ago
6/22/22 to 6/22/23
Consensus Rating
Moderate Buy
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)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
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 Upside79.96% Upside42.04% Upside35.47% Upside55.08% 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
2.50
2.60
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside79.96% Upside209.81% Upside11.13% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/7/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$10.00 ➝ $10.00+115.52%
5/13/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Hold$10.00 ➝ $4.00-1.72%
5/10/2024Deutsche Bank Aktiengesellschaft
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 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 Friday at 08:05 AM ET.

NVTS Forecast - Frequently Asked Questions

What is Navitas Semiconductor's stock forecast and purchase recommendation?

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. The consensus rating for Navitas Semiconductor stock is Moderate Buy based on the current 4 hold ratings and 4 buy ratings for NVTS. Learn more on NVTS's analyst rating history.

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 2.60. Learn more on how NVTS compares to other companies.

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.


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This page (NASDAQ:NVTS) was last updated on 6/21/2024 by MarketBeat.com Staff

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