Navitas Semiconductor Corporation

Navitas Semiconductor Corporation Stock Forecast & Price Prediction

Live Navitas Semiconductor Corporation Stock (NVTS) Price
$3.77

8

Ratings

  • Buy 6
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$3.77

P/E Ratio

13.08

Volume Traded Today

$12.9M

Dividend

Dividends not available for NVTS

52 Week High/low

8.44/1.76

Navitas Semiconductor Corporation Market Cap

$586.5M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $NVTS ๐Ÿ›‘

Before you buy NVTS you'll want to see this list of ten stocks that have huge potential. Want to see if NVTS made the cut? Enter your email below

NVTS Summary

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.

NVTS Analyst Ratings

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.

NVTS stock forecast by analyst

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

NVTS Company Information

What They Do: Develops gallium nitride power integrated circuits.

Business Model: The company designs and markets advanced power semiconductor products that primarily generate revenue through sales to various sectors, including mobile, consumer electronics, data centers, and electric vehicles. Their innovative technologies in gallium nitride and silicon carbide enable efficient power conversion and charging solutions, catering to a growing demand for high-performance electronics.

Other Information: Founded in 2013 and headquartered in Torrance, California, Navitas Semiconductor operates globally, with a presence in the United States, Europe, China, and other regions in Asia. The company's products are integral to modern applications in renewable energy and smart grid technologies, positioning it well for future growth in the expanding semiconductor market.
NVTS
Navitas Semiconductor Corporation (NVTS)

When did it IPO

2021

Staff Count

314

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Eugene A. Sheridan

Market Cap

$586.5M

Navitas Semiconductor Corporation (NVTS) Financial Data

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

$11.8M

Revenue From 2021

$23.7M

100.32 %
From Previous Year

Revenue From 2022

$37.9M

59.85 %
From Previous Year

Revenue From 2023

$79.5M

109.41 %
From Previous Year
  • Revenue TTM $91.4M
  • Operating Margin TTM -133.6%
  • Gross profit TTM $31.1M
  • Return on assets TTM -16.2%
  • Return on equity TTM -19.7%
  • Profit Margin -84.6%
  • Book Value Per Share 2.04%
  • Market capitalisation $586.5M
  • Revenue for 2021 $23.7M
  • Revenue for 2022 $37.9M
  • Revenue for 2023 $79.5M
  • EPS this year (TTM) $-0.43

Navitas Semiconductor Corporation (NVTS) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

...

NVTS Frequently asked questions

The highest forecasted price for NVTS is $5 from Vivek Arya at B of A Securities.

The lowest forecasted price for NVTS is $2.2 from from

The NVTS analyst ratings consensus are 6 buy ratings, 2 hold ratings, and 0 sell ratings.