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NASDAQ:NVTS

Navitas Semiconductor (NVTS) Stock Price, News & Analysis

$2.33
-0.10 (-4.12%)
(As of 09/6/2024 ET)
Today's Range
$2.32
$2.45
50-Day Range
$2.33
$4.92
52-Week Range
$2.32
$8.46
Volume
3.50 million shs
Average Volume
2.70 million shs
Market Capitalization
$426.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Navitas Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
157.5% Upside
$6.00 Price Target
Short Interest
Bearish
23.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of Navitas Semiconductor in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.92 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.47) 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.

2.80 out of 5 stars

Computer And Technology Sector

324th out of 594 stocks

Semiconductors & Related Devices Industry

50th out of 85 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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Navitas Qualifies Leading-edge Gen-3 Fast SiC to Auto-grade (Q101)
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
NVTS Sep 2024 5.000 put
NVTS Sep 2024 5.500 call
NVTS Mar 2025 2.500 call
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:NVTS
Fax
N/A
Employees
160
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$10.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+157.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$-145,430,000.00
Pretax Margin
-56.09%

Debt

Sales & Book Value

Annual Sales
$91.68 million
Book Value
$2.12 per share

Miscellaneous

Free Float
124,875,000
Market Cap
$426.63 million
Optionable
Optionable
Beta
2.40
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Key Executives

  • Mr. Eugene A. Sheridan (Age 57)
    Co-Founder, CEO, President & Chairman
    Comp: $555.03k
  • Mr. Daniel M. Kinzer (Age 66)
    Co-Founder, CTO, COO & Director
    Comp: $457.11k
  • Dr. Ranbir Singh Ph.D. (Age 54)
    Executive Vice President of GeneSiC Business
    Comp: $379.4k
  • 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

How have NVTS shares performed this year?

Navitas Semiconductor's stock was trading at $8.07 at the start of the year. Since then, NVTS stock has decreased by 71.1% and is now trading at $2.33.
View the best growth stocks for 2024 here
.

How were Navitas Semiconductor's earnings last quarter?

Navitas Semiconductor Co. (NASDAQ:NVTS) released its quarterly earnings data on Monday, August, 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.01. Navitas Semiconductor's revenue was up 13.3% on a year-over-year basis.

Who are Navitas Semiconductor's major shareholders?

Top institutional investors of Navitas Semiconductor include Millennium Management LLC (3.26%), Point72 Asset Management L.P. (2.34%), Dimensional Fund Advisors LP (1.08%) and Masters Capital Management LLC (1.04%). Insiders that own company stock include Daniel M Kinzer, Eugene Sheridan, David Moxam, Ron Shelton, Gary Kent Wunderlich Jr and Ranbir Singh.
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 9/7/2024 by MarketBeat.com Staff

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