NASDAQ:NVTS

Navitas Semiconductor (NVTS) Stock Price, News & Analysis

$3.79
+0.12 (+3.27%)
(As of 04/23/2024 ET)
Today's Range
$3.63
$3.85
50-Day Range
$3.64
$6.79
52-Week Range
$3.54
$11.16
Volume
2.23 million shs
Average Volume
2.42 million shs
Market Capitalization
$679.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.82

Navitas Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
159.0% Upside
$9.82 Price Target
Short Interest
Bearish
18.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of Navitas Semiconductor in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$352,459 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.46) to ($0.39) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.69 out of 5 stars

Computer And Technology Sector

447th out of 580 stocks

Semiconductors & Related Devices Industry

70th out of 86 stocks

NVTS stock logo

About Navitas Semiconductor Stock (NASDAQ:NVTS)

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. 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.

NVTS Stock Price History

NVTS Stock News Headlines

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Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
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Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
NVTS Apr 2024 6.000 put
NVTS Apr 2024 5.000 put
NVTS Sep 2024 10.000 call
Recap: Navitas Semiconductor Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/23/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:NVTS
Fax
N/A
Employees
314
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.82
High Stock Price Target
$12.00
Low Stock Price Target
$6.90
Potential Upside/Downside
+159.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-145,430,000.00
Net Margins
-183.04%
Pretax Margin
-184.34%

Debt

Sales & Book Value

Annual Sales
$79.46 million
Book Value
$2.12 per share

Miscellaneous

Free Float
113,288,000
Market Cap
$679.36 million
Optionable
Optionable
Beta
2.54
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Key Executives

  • Mr. Eugene A. Sheridan (Age 57)
    Co-Founder, CEO, President & Chairman
    Comp: $705.95k
  • Mr. Daniel M. Kinzer (Age 66)
    Co-Founder, CTO, COO & Director
    Comp: $535.12k
  • Dr. Ranbir Singh Ph.D. (Age 54)
    Executive Vice President of GeneSiC Business
    Comp: $382.67k
  • Mr. Nicholas Fichtenbaum Ph.D.
    Co-Founder & VP of Engineering
  • Mr. Jason Zhang
    Co-Founder & VP of Applications & Technical Marketing
  • Ms. Janet Tao Chou (Age 52)
    Executive VP, CFO & Treasurer
  • Mr. Stephen Oliver
    Vice President of Corporate Marketing & Investor Relations
  • Mr. Paul D. Delva
    Senior VP, General Counsel & Secretary
  • Mr. David W. Carroll (Age 63)
    Senior VP of Worldwide Sales
  • Mr. Todd H. Glickman (Age 40)
    Senior Vice President of Finance
    Comp: $579.67k

NVTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Navitas Semiconductor stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navitas Semiconductor in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

6 Wall Street analysts have issued 1 year price targets for Navitas Semiconductor's shares. Their NVTS share price targets range from $6.90 to $12.00. On average, they anticipate the company's stock price to reach $9.82 in the next year. This suggests a possible upside of 159.0% 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 2024?

Navitas Semiconductor's stock was trading at $8.07 at the beginning of the year. Since then, NVTS shares have decreased by 53.0% and is now trading at $3.79.
View the best growth stocks for 2024 here
.

When is Navitas Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our NVTS earnings forecast
.

How were Navitas Semiconductor's earnings last quarter?

Navitas Semiconductor Co. (NASDAQ:NVTS) announced its quarterly earnings data on Thursday, February, 29th. The company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.02. The business had revenue of $26.06 million for the quarter, compared to the consensus estimate of $25.68 million. Navitas Semiconductor had a negative net margin of 183.04% and a negative trailing twelve-month return on equity of 18.81%.

What ETFs hold Navitas Semiconductor's stock?

ETFs with the largest weight of Navitas Semiconductor (NASDAQ:NVTS) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD) and Invesco WilderHill Clean Energy ETF (PBW).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

What guidance has Navitas Semiconductor issued on next quarter's earnings?

Navitas Semiconductor issued an update on its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.5 million-$23.5 million, compared to the consensus revenue estimate of $24.7 million.

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 180 Wealth Advisors LLC (0.02%). Insiders that own company stock include Daniel M Kinzer, David Moxam, Dipender Saluja, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVTS) was last updated on 4/24/2024 by MarketBeat.com Staff

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