Based on ratings from 8 stock analysts, the Navitas Semiconductor Corporation stock price is expected to increase by 0.96% in 12 months. This is calculated by using the average 12-month stock price forecast for Navitas Semiconductor Corporation. The lowest target is $2.2 and the highest is $5. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assigned NVTS 6 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Navitas Semiconductor Corporation to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NVTS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NVTS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Tristan Gerra Baird | Outperform | $5 | Maintains | Nov 5, 2024 |
Richard Shannon Craig-Hallum | Buy | $4.25 | Maintains | Nov 5, 2024 |
Ross Seymore Deutsche Bank | Buy | $4 | Maintains | Nov 5, 2024 |
Kevin Cassidy Rosenblatt | Buy | $7.5 | Maintains | Oct 31, 2024 |
Quinn Bolton Needham | Buy | $5 | Maintains | Aug 6, 2024 |
Richard Shannon Craig-Hallum | Buy | $6.5 | Maintains | Aug 6, 2024 |
Ross Seymore Deutsche Bank | Buy | $6 | Maintains | Aug 6, 2024 |
Kevin Cassidy Rosenblatt | Buy | $7.5 | Maintains | Aug 6, 2024 |
Joseph Moore Morgan Stanley | Equal-Weight | $3.5 | Maintains | Aug 6, 2024 |
Kevin Cassidy Rosenblatt | Buy | $10 | Maintains | Aug 2, 2024 |
Kevin Cassidy Rosenblatt | Buy | $10 | Maintains | Jun 7, 2024 |
Blayne Curtis Jefferies | Hold | $4 | Downgrade | May 13, 2024 |
Quinn Bolton Needham | Buy | $7 | Maintains | May 10, 2024 |
Tristan Gerra Baird | Outperform | $7 | Maintains | May 10, 2024 |
Kevin Cassidy Rosenblatt | Buy | $10 | Maintains | May 10, 2024 |
Ross Seymore Deutsche Bank | Buy | $7 | Maintains | May 10, 2024 |
Kevin Cassidy Rosenblatt | Buy | $12 | Reiterates | May 3, 2024 |
Kevin Cassidy Rosenblatt | Buy | $12 | Reiterates | Mar 12, 2024 |
Kevin Cassidy Rosenblatt | Buy | $12 | Reiterates | Mar 1, 2024 |
Quinn Bolton Needham | Buy | $9 | Maintains | Mar 1, 2024 |
When did it IPO
2021
Staff Count
314
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Eugene A. Sheridan
Market Cap
$586.5M
In 2023, NVTS generated $79.5M in revenue, which was a increase of 109.41% from the previous year. This can be seen as a signal that NVTS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Navitas Semiconductor Corp. (NVTS) shares increased by 22.3% on Thursday, reaching $17.45 by 3:00 p.m. ET.
Why It Matters - Navitas Semiconductor's 22.3% share rally indicates strong market optimism, potentially driven by favorable news or earnings, which can influence investor sentiment and stock valuation.
Summary - Navitas Semiconductor (Nasdaq: NVTS) appointed Dr. Ranbir Singh, former EVP and founder of GeneSiC Semiconductor, to its board of directors, enhancing leadership in GaN and SiC technologies.
Why It Matters - Dr. Ranbir Singh's appointment to Navitas' board signals potential strategic growth and innovation in GaN and SiC technologies, which could enhance market position and investor confidence.
Summary - Navitas reported weak Q3 earnings but secured 72 designs and expects revenue recovery in H2 2025. A new 48-volt GaN platform targets AI data centers, aided by a partnership with Infineon.
Why It Matters - Navitas' design wins and new product focus highlight growth potential, while partnerships may enhance market position, influencing future valuations and investment decisions.
Summary - Navitas Semiconductor will participate in upcoming investor conferences, highlighting its position in gallium nitride and silicon carbide power technologies.
Why It Matters - Navitas Semiconductor's participation in investor conferences highlights its market position in advanced power technologies, potentially attracting investor interest and impacting stock performance.
Summary - Lucid Motors (LCID) shares rose 3.3%, QuantumScape (QS) increased by 3.7%, and Navitas Semiconductor (NVTS) surged 14.9% in Monday's trading session.
Why It Matters - The rally in EV and related stocks signals increased investor confidence in the sector, potentially leading to higher valuations and attracting further capital into these companies.
Summary - Next-gen GaN and SiC power semiconductors are disrupting AI Data Centers, EV, and Mobile markets, replacing traditional silicon chips.
Why It Matters - The rise of GaN and SiC power semiconductors signals a shift in technology that could enhance efficiency and reduce costs in AI, EV, and mobile sectors, impacting stock valuations and market competitiveness.