Navitas Semiconductor Corporation (NVTS)

NASDAQ: NVTS · IEX Real-Time Price · USD
7.58
+0.29 (3.98%)
At close: Dec 7, 2023, 4:00 PM
7.65
+0.07 (0.92%)
After-hours: Dec 7, 2023, 7:55 PM EST
3.98%
Market Cap 1.35B
Revenue (ttm) 65.75M
Net Income (ttm) -119.98M
Shares Out 178.49M
EPS (ttm) -0.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,634,897
Open 7.33
Previous Close 7.29
Day's Range 7.27 - 7.64
52-Week Range 3.11 - 11.17
Beta 2.63
Analysts Buy
Price Target 9.98 (+31.66%)
Earnings Date Nov 9, 2023

About 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. [Read more]

Industry Semiconductors
Sector Technology
Founded 2014
Employees 230
Stock Exchange NASDAQ
Ticker Symbol NVTS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NVTS stock is "Buy." The 12-month stock price forecast is $9.98, which is an increase of 31.66% from the latest price.

Price Target
$9.98
(31.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navitas Powers Pioneering NIO Phone with Fast Charging and Seamless EV Interaction

Next-gen GaNFast™ technology charges NIO's first ever phone, with optimized "Vehicle-to-Person” (V2P) integration Next-gen GaNFast™ technology charges NIO's first ever phone, with optimized "Vehicle-t...

13 hours ago - GlobeNewsWire

Navitas Ranked Top 50 in Forbes' 2024 Most Successful Small Companies

Ranking recognizes growth driven by strong demand for next-gen GaN and SiC power semis in EV, solar, appliance / industrial, data center and mobile Ranking recognizes growth driven by strong demand fo...

1 day ago - GlobeNewsWire

Navitas Showcases High-power Semiconductors for EV, Solar & Industrial at Next-gen Munich Conference

Next-generation gallium nitride (GaN) and silicon carbide (SiC) technologies replace legacy silicon chips in high-performance motor drive, on-board & roadside chargers, solar inverters and energy stor...

6 days ago - GlobeNewsWire

Navitas Highlights Leading-Edge, Next-gen Industrial Power at Munich Power Semiconductor User Forum 2023

Next-gen GaN and SiC power technology optimized for efficient, reliable industrial drives, pumps, chargers and power conversion Next-gen GaN and SiC power technology optimized for efficient, reliable ...

21 days ago - GlobeNewsWire

Navitas Semiconductor to Participate in Upcoming Investor Conferences

TORRANCE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor, the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and si...

23 days ago - GlobeNewsWire

Navitas Semiconductor CEO Gene Sheridan on global chip demand and market share growth

Gene Sheridan, CEO of Navitas Semiconductor, discusses the company's earnings beat, expectations for revenue growth, and artificial intelligence.

27 days ago - CNBC Television

Navitas Wins Samsung Galaxy S23 Phone 25W Fast Charger Design

From S22 to S23, next-gen GaNFast technology continues to replace legacy silicon power chips in ultra-portable, fast-charging mobile market From S22 to S23, next-gen GaNFast technology continues to re...

5 weeks ago - GlobeNewsWire

Navitas Spotlights GaNSafe™: World's Most-Protected GaN Power Semiconductor, at Premier China Electronics Conference

Comprehensive next-gen gallium nitride (GaN) and silicon carbide (SiC) semiconductor platforms deliver breakthrough performance in applications from 20 W to 20 MW Comprehensive next-gen gallium nitrid...

6 weeks ago - GlobeNewsWire

Navitas Announces Comprehensive Investor Day, 2023

New Torrance HQ to host comprehensive review of technology, markets and customer pipeline, with financial outlook and site tours, Tuesday December 12th, 2023 New Torrance HQ to host comprehensive revi...

2 months ago - GlobeNewsWire

Navitas' SiC Experts Take Center Stage at ICSCRM 2023

In-depth technical papers extend the boundaries of silicon carbide (SiC) next-gen semiconductor performance across EV, data center, solar and appliance/industrial markets In-depth technical papers ext...

3 months ago - GlobeNewsWire

Navitas GaNSafe™: World's Most Protected GaN Power Semiconductor Opens Multi-Billion Dollar Data Center, Solar and EV Opportunities

Next-gen, integrated GaN platform sets new, enabling industry benchmarks in efficiency, density & reliability for demanding applications Next-gen, integrated GaN platform sets new, enabling industry b...

3 months ago - GlobeNewsWire

Navitas To Reveal Major Breakthrough in Next-Gen Power Semiconductors at SEMICON Taiwan 2023

Next-gen platform expected to set new industry benchmarks in efficiency, density & reliability for data center, solar, EV, and appliance/industrial markets Next-gen platform expected to set new indust...

3 months ago - GlobeNewsWire

CORRECTION -- Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences

Executives to review drivers of $1B pipeline and record revenue, up 110% Executives to review drivers of $1B pipeline and record revenue, up 110%

3 months ago - GlobeNewsWire

Navitas Semiconductor to Participate in Upcoming Investor US & Asia Conferences

Executives to review drivers of $1B pipeline and record revenue, up 110% Executives to review drivers of $1B pipeline and record revenue, up 110%

3 months ago - GlobeNewsWire

Navitas Semiconductor CEO: We are on a great track towards profitability

Navitas Semiconductor CEO Gene Sheridan joins 'Power Lunch' to discuss the company's Q2 results, headwinds to the business, and business in Asia.

4 months ago - CNBC Television

Navitas Semiconductor Announces Second Quarter 2023 Financial Results

TORRANCE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial r...

4 months ago - GlobeNewsWire

Navitas “Electrify Our World™” with Next-Gen GaN & SiC Semiconductors at Taiwan Investor Meeting

TORRANCE, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, has announced participation in a virtual Taiwan I...

4 months ago - GlobeNewsWire

Navitas GaN CRPS185 3,200 W “Titanium Plus” Server Power Platform Drives the AI Revolution

New gallium nitride (GaN) integrated power ICs deliver high-speed, high-efficiency power in 40% smaller size than best-in-class, legacy silicon solutions for power-hungry AI and Edge computing. New ga...

4 months ago - GlobeNewsWire

Navitas Semiconductor to Report Q2 2023 Financial Results on Monday, August 14th, 2023

TORRANCE, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report second quarter 2023 financial results after the market close on Monday, Aug...

5 months ago - GlobeNewsWire

Navitas Semiconductor to Participate in Upcoming CJS Securities Conference, White Plains, NY

Executives to review $760M customer pipeline, recently completed $92M equity offering Executives to review $760M customer pipeline, recently completed $92M equity offering

5 months ago - GlobeNewsWire

Navitas and Plexim Accelerate Time-to-Market with PLECS Models for Next-generation GeneSiC™ Power Semiconductors

Detailed simulation of next-gen GeneSiC silicon carbide (SiC) MOSFETs and MPS™ diodes delivers virtual prototyping for accurate system-level designs Detailed simulation of next-gen GeneSiC silicon car...

5 months ago - GlobeNewsWire

Navitas Semiconductor to Participate in Upcoming London Roth Conference

Executives to review $760M customer pipeline, recently completed $92M equity offering Executives to review $760M customer pipeline, recently completed $92M equity offering

6 months ago - GlobeNewsWire

Navitas to Present Next-Gen GaN & SiC Semiconductors at Taiwan Investor Meeting

Executives to review $760M customer pipeline, recently completed $92M equity offering Executives to review $760M customer pipeline, recently completed $92M equity offering

6 months ago - GlobeNewsWire

Navitas Semiconductor Announces Full Exercise of Underwriters' Option to Purchase Additional Shares

TORRANCE, Calif., June 05, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS) today announced, in connection with its previously announced public offering of 10,000,000 shares o...

6 months ago - GlobeNewsWire

Navitas Initiates Strategic Manufacturing Investments

TORRANCE, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in next-generation power semiconductors, announced the first in a series of strategic manuf...

6 months ago - GlobeNewsWire