Navitas Semiconductor Corporation (NVTS)

NASDAQ: NVTS · Real-Time Price · USD
2.490
-0.070 (-2.73%)
Sep 16, 2024, 3:29 PM EDT - Market open
-2.73%
Market Cap 456.81M
Revenue (ttm) 91.68M
Net Income (ttm) -51.07M
Shares Out 183.46M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,880,445
Open 2.530
Previous Close 2.560
Day's Range 2.460 - 2.580
52-Week Range 2.220 - 8.440
Beta 2.39
Analysts Buy
Price Target 5.64 (+126.51%)
Earnings Date Nov 7, 2024

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 314
Stock Exchange NASDAQ
Ticker Symbol NVTS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NVTS stock is "Buy." The 12-month stock price forecast is $5.64, which is an increase of 126.51% from the latest price.

Price Target
$5.64
(126.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navitas Qualifies Leading-edge Gen-3 Fast SiC to Auto-grade (Q101)

Next-gen silicon carbide (SiC) power semis drive innovation in 400 and 800 V EV architectures Next-gen silicon carbide (SiC) power semis drive innovation in 400 and 800 V EV architectures

12 days ago - GlobeNewsWire

Navitas Semiconductor: A Hidden Gem In The Semiconductor Space

With its stock down 61% YTD, I believe Navitas is a bargain in light of its rich customer pipeline which it will start tapping into next year. Navitas' revenues appear to have bottomed out considering...

22 days ago - Seeking Alpha

Navitas Semiconductor to Participate in Upcoming Investor Events

TORRANCE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) po...

4 weeks ago - GlobeNewsWire

Navitas Semiconductor Analysts Cut Their Forecasts After Q2 Results

Navitas Semiconductor Corporation NVTS reported mixed results for the second quarter on Monday.

5 weeks ago - Benzinga

Navitas Semiconductor Corporation (NVTS) Q2 2024 Earnings Call Transcript

Navitas Semiconductor Corporation (NASDAQ:NVTS) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Stephen Oliver - VP, IR Gene Sheridan - Chairman, President, CEO and Co...

5 weeks ago - Seeking Alpha

Navitas Semiconductor Announces Second Quarter 2024 Financial Results

TORRANCE, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for t...

5 weeks ago - GlobeNewsWire

Navitas Semiconductor to Report Q2 2024 Financial Results on Monday, August 5th, 2024

TORRANCE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report second quarter 2024 financial results after the market close on Monday, Aug...

7 weeks ago - GlobeNewsWire

Navitas Semiconductor: Setting Up For 2025

The management's comments about an expectation for moderation in growth for the second half of 2024 resulted in growing uncertainties about the recovery for the company. Likewise, guidance for 2Q24 po...

2 months ago - Seeking Alpha

Undercovered Dozen: Evergy, Navitas Semiconductor, Whirlpool And More

This edition of the 'Undercovered' Dozen highlights twelve ideas from June 28th - July 11th on stocks with limited coverage. Navitas Semiconductor is seen as facing risks in the AI data center market,...

Other symbols: EVRGWHR
2 months ago - Seeking Alpha

Navitas in Japan: Next-gen AI Data Center, EV, Industrial, and Fast Charging SiC and GaN Showcased at Techno-Frontier

Navitas and partner J Rep to provide leading solutions to reduce time to market and simplicity of designs, with the highest system efficiency, reliability, and power density. Navitas and partner J Rep...

2 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP Announces Investigation of Navitas Semiconductor Corporation (NVTS) (f/k/a Live Oak Acquisition Corp. II)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Navitas Semiconductor Corporation (Nasdaq: NVTS) (f/k/a Live Oak Acquisition Corp. II) concerning the Comp...

2 months ago - Business Wire

Navitas' Gen-3 Fast SiC MOSFETs Accelerate Next-Gen AI Growth & EV Charging

World-leading performance over temperature enables cool-running, fast-switching 650 V and 1,200 V SiC MOSFETs to support up to 3x more powerful AI data centers and faster charging EVs World-leading pe...

3 months ago - GlobeNewsWire

Navitas Semiconductor CEO on how AI is disrupting the chips industry

Gene Sheridan, Co-Founder and CEO of Navitas Semiconductor, discusses the impact of AI on the chips industry.

3 months ago - CNBC Television

Navitas Drives High-power, High-reliability, Next-gen Power Semis for AI, EV, Industrial, Solar, and Energy Storage at PCIM 2024

Leading international exhibition highlights the latest gallium nitride (GaN) and silicon carbide (SiC) technologies for the safest, most efficient, most reliable power for fast charging, power convers...

4 months ago - GlobeNewsWire

Navitas Semiconductor Corporation (NVTS) Q1 2024 Earnings Call Transcript

Navitas Semiconductor Corporation (NASDAQ:NVTS) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Stephen Oliver - Vice President, Corporate Marketing and Investor Relation...

4 months ago - Seeking Alpha

Navitas Semiconductor Announces First Quarter 2024 Financial Results

Q1 revenue up 73% year-on-year, driven by continued GaN adoption in mobile fast chargers and AI-based data centers, and SiC sales in EV, solar and industrial applications. New GaNSlim™ technology expe...

4 months ago - GlobeNewsWire

EY Announces Gene Sheridan of Navitas Semiconductor as an Entrepreneur Of The Year® 2024 Greater Los Angeles Award Finalist

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future

4 months ago - GlobeNewsWire

Navitas Is A Tremendous Bargain With Great Growth Potential

Navitas Semiconductor is a leader in Gallium Nitride Power Circuits, which focuses on improving the power efficiency of Integrated Circuits. GaN circuits offer better power density and sustainability ...

5 months ago - Seeking Alpha

Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit Keynote

No-compromise, next-gen GaN and SiC technologies drive faster EV charging, longer range and lower system costs No-compromise, next-gen GaN and SiC technologies drive faster EV charging, longer range a...

5 months ago - GlobeNewsWire

Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024

TORRANCE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC ...

5 months ago - GlobeNewsWire

Navitas & Virtual Forest Join Hands to Advance Net-Zero in Agriculture

Navitas' GaN technology drives Virtual Forest's solar-powered irrigation pumps, ensuring food security and empowering Indian farmers struggling with long-distance electrical cables or costly, pollutin...

5 months ago - GlobeNewsWire

Navitas Semiconductor: End Market Demand Continues To Be Strong

Navitas Semiconductor is still a buy, with potential for acceleration in FY25 as adoption ramps up in late 2024.

5 months ago - Seeking Alpha

Navitas Delivers Grid-Connected Energy with 3.3 kV SiC and Bi-directional GaN ICs at PE International 2024

Next-gen power semiconductors enable robust, efficient, grid-connected applications as part of a $1.3 trillion electrification opportunity Next-gen power semiconductors enable robust, efficient, grid-...

6 months ago - GlobeNewsWire

Navitas Semiconductor: Technology, Markets, Management

Navitas Semiconductor Corporation provides leading-edge GaN and SiC components for power electronics, a large and rapidly growing market. Revenue grew 109% in 2023, and 60% in 2022. Management has don...

6 months ago - Seeking Alpha

Navitas “Electrify Our World™” at Asia's Premier Charging Expo

Next-gen GaN and SiC power electronics enable ultra-fast charging for mobile, EV and industrial applications Next-gen GaN and SiC power electronics enable ultra-fast charging for mobile, EV and indust...

6 months ago - GlobeNewsWire