Navitas Semiconductor (NVTS) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $2.06 to $2.47
• 50-Day Range: $1.78 to $2.85
• 52-Week Range: $1.75 to $8.44
• Volume: 7.79 million shs
• Average Volume: 3.30 million shs
• Market Capitalization: $452.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.75
• Consensus Rating: Moderate Buy

Navitas Semiconductor Stock Analysis - MarketRank™

Navitas Semiconductor scored higher than 55% of companies evaluated by MarketBeat, and ranked 365th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Navitas Semiconductor has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Navitas Semiconductor has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Navitas Semiconductor are expected to grow in the coming year, from ($0.51) to ($0.43) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Navitas Semiconductor is -5.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Navitas Semiconductor is -5.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Navitas Semiconductor has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

24.31% of the float of Navitas Semiconductor has been sold short.

Short Interest Ratio / Days to Cover

Navitas Semiconductor has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Navitas Semiconductor has recently decreased by 10.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Navitas Semiconductor does not currently pay a dividend.

Dividend Growth

Navitas Semiconductor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

24.31% of the float of Navitas Semiconductor has been sold short.

Short Interest Ratio / Days to Cover

Navitas Semiconductor has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Navitas Semiconductor has recently decreased by 10.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.38

News Sentiment

Navitas Semiconductor has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Navitas Semiconductor this week, compared to 4 articles on an average week.

Search Interest

32 people have searched for NVTS on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

MarketBeat Follows

20 people have added Navitas Semiconductor to their MarketBeat watchlist in the last 30 days. This is an increase of 82% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Navitas Semiconductor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,424,962.00 in company stock.

Percentage Held by Insiders

31.80% of the stock of Navitas Semiconductor is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

46.14% of the stock of Navitas Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NVTS Stock Analysis - Frequently Asked Questions

How have NVTS shares performed this year?

Navitas Semiconductor's stock was trading at $8.07 at the beginning of 2024. Since then, NVTS stock has decreased by 70.0% and is now trading at $2.42.
View the best growth stocks for 2024 here.

How were Navitas Semiconductor's earnings last quarter?

Navitas Semiconductor Co. (NASDAQ:NVTS) released its earnings results on Monday, November, 4th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The business's quarterly revenue was down 1.4% compared to the same quarter last year.

Who are Navitas Semiconductor's major shareholders?

Top institutional investors of Navitas Semiconductor include Point72 Asset Management L.P. (4.39%), State Street Corp (3.18%), ArrowMark Colorado Holdings LLC (1.94%) and Geode Capital Management LLC (1.62%). 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.

What other stocks do shareholders of Navitas Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Navitas Semiconductor investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Super Micro Computer (SMCI) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:NVTS
• CUSIP: N/A
• CIK: 1821769
• Web: navitassemi.com
• Phone: 844-654-2642
• Fax: N/A
• Employees: 314
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.75
• High Stock Price Target: $7.50
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +96.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-145,430,000.00
• Net Margins: -84.61%
• Pretax Margin: -84.88%
• Return on Equity: -23.64%
• Return on Assets: -20.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.59
• Quick Ratio: 4.77

Sales & Book Value

• Annual Sales: $79.46 million
• Price / Sales: 5.69
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.04 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 186,800,000
• Free Float: 127,395,000
• Market Cap: $452.06 million
• Optionable: Optionable
• Beta: 2.36