Navitas Semiconductor Corporation (NVTS)

NASDAQ: NVTS · IEX Real-Time Price · USD
4.21
-0.08 (-1.86%)
At close: Dec 7, 2022 4:00 PM
4.18
-0.03 (-0.71%)
After-hours: Dec 7, 2022 6:23 PM EST
-1.86%
Market Cap 658.27M
Revenue (ttm) 32.93M
Net Income (ttm) -38.81M
Shares Out 138.46M
EPS (ttm) -1.02
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 630,020
Open 4.24
Previous Close 4.29
Day's Range 4.15 - 4.29
52-Week Range 3.51 - 19.22
Beta n/a
Analysts Buy
Price Target 8.29 (+96.9%)
Earnings Date Nov 9, 2022

About NVTS

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride (GaN) power integrated circuits used in power conversion and charging. It operates in the United States, Ireland, Germany, Italy, Belgium, China, Taiwan, and the Philippines. The company was incorporated in 2013 and is based in El Segundo, California. [Read more]

Industry Semiconductors
Founded 2014
Employees 162
Stock Exchange NASDAQ
Ticker Symbol NVTS
Full Company Profile

Financial Performance

In 2021, NVTS's revenue was $23.74 million, an increase of 100.32% compared to the previous year's $11.85 million. Losses were -$152.69 million, 701.7% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for NVTS stock is "Buy." The 12-month stock price forecast is 8.29, which is an increase of 96.91% from the latest price.

Price Target
$8.29
(96.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navitas to Participate in China Renaissance, Fubon Securities, and CICC Investor Meetings

Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™” Navitas recently ranked 75th ...

5 days ago - GlobeNewsWire

Navitas Drives Xiaomi Redmi Note 12 Explorer at 210 W, New Ultra-Fast Charging Record

High-speed GaNFast™ ICs enable high-power 210 W charger to achieve 1-100% in just 9 minutes High-speed GaNFast™ ICs enable high-power 210 W charger to achieve 1-100% in just 9 minutes

1 week ago - GlobeNewsWire

Navitas Presents Pure-Play, Next-Gen Semiconductors at Taiwan Investor Meeting

Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunity Leading-edge gallium nitride (GaN) and silicon carb...

1 week ago - GlobeNewsWire

Navitas to Participate in Wells Fargo, Barclays Investor Conferences

Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™” Navitas recently ranked 75th ...

1 week ago - GlobeNewsWire

Navitas Leads SiC and GaN Technology at Bodo's Wide Bandgap Event

GaNSense™ half-bridge ICs enable highest efficiency and most compact designs for motor drive systems, while GeneSiC™ MOSFETs drives high-power system innovation GaNSense™ half-bridge ICs enable highest ...

1 week ago - GlobeNewsWire

Navitas Ranks in Top 75 of Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™

Three-year revenue growth of 2,300% for next-generation integrated gallium nitride (GaN) ICs that drive up to 3x more power, or 3x faster charging in half the size and weight vs. legacy silicon chips Th...

3 weeks ago - GlobeNewsWire

Navitas GaNSense™ Half-Bridge Power ICs ‘Best-in-Show' at electronica 2022

Embedded Computing Design awards Navitas for design excellence and market impact at world's largest power electronics trade fair Embedded Computing Design awards Navitas for design excellence and market...

3 weeks ago - GlobeNewsWire

Navitas Powers Motorola X30 Pro with New 125 W GaNFast™ Ultra-fast Charger

Next-gen gallium nitride (GaN) ICs fast-charge from 1-50% in only 7 minutes Next-gen gallium nitride (GaN) ICs fast-charge from 1-50% in only 7 minutes

3 weeks ago - GlobeNewsWire

Navitas Semiconductor and Avnet Silica announce agreement for close collaboration to expand market for advanced GaN p...

Cooperation will bring significant advantages to next-generation systems using power-efficient gallium-nitride (GaN) technology across a spectrum of applications Cooperation will bring significant advan...

3 weeks ago - GlobeNewsWire

Navitas Semiconductor Corporation (NVTS) Reports Q3 Loss, Tops Revenue Estimates

Navitas Semiconductor Corporation (NVTS) delivered earnings and revenue surprises of 0% and 2.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for th...

4 weeks ago - Zacks Investment Research

Navitas and VREMT Open Joint R&D Lab for Next-Gen EV Power Systems and Semiconductors

New lab accelerates development of advanced EV high-voltage applications using Navitas' GaNFast™ and GeneSiC™ power semiconductors New lab accelerates development of advanced EV high-voltage application...

1 month ago - GlobeNewsWire

Navitas Semiconductor to Report Q3 2022 Financial Results on Wednesday, November 9th

TORRANCE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the pure-play, industry leader in next-generation power semiconductors, today announced that it will report thir...

1 month ago - GlobeNewsWire

Navitas Delivers Pure-Play, Next-Gen Technology Keynote at Flagship IEEE Power Semiconductor Workshop

GaNFast™ and GeneSiC™ technologies deliver faster charging, energy savings, and lower system costs than legacy silicon chips GaNFast™ and GeneSiC™ technologies deliver faster charging, energy savings, a...

1 month ago - GlobeNewsWire

Navitas Showcases Pure-Play Next-Gen Power Semis at Prestigious Chinese Electronics Conference

Industry-leading GaN and SiC technologies for $22B market presented in keynote, industrial papers and exhibition booth Industry-leading GaN and SiC technologies for $22B market presented in keynote, ind...

1 month ago - GlobeNewsWire

Navitas' EVP Ranbir Singh, Silicon Carbide Pioneer, Inducted into Engineering Hall of Fame

Founder of GeneSiC Semiconductor receives prestigious honor from NCSU, home of US SiC Research Founder of GeneSiC Semiconductor receives prestigious honor from NCSU, home of US SiC Research

1 month ago - GlobeNewsWire

Navitas Showcases Pure-Play, Next-Gen Power Semiconductors at Electronica 2022

Industry-leading, high-speed GaNFast™ and GeneSiC™ technologies drive a $22B/year market opportunity at the world's leading electronics trade fair Industry-leading, high-speed GaNFast™ and GeneSiC™ tech...

1 month ago - GlobeNewsWire

Navitas Recognized as Industry-Leading Sustainability Company

“Electrify Our World™” mission recognized in ESG Investing's ‘Best Sustainability' and ‘Best Climate-Related' categories “Electrify Our World™” mission recognized in ESG Investing's ‘Best Sustainability...

2 months ago - GlobeNewsWire

Navitas Showcases Pure-Play WBG Solutions for EV at ECCE 2022

Industry-leading, high-speed GaNFast™ and GeneSiC™ technologies deliver energy savings, faster charging, extended range, and lower system costs Industry-leading, high-speed GaNFast™ and GeneSiC™ technol...

2 months ago - GlobeNewsWire

Navitas and JP Electronic Devices Showcase GaN and SiC Solutions for Efficient, Sustainable Design at electronica India

Demos include a wide range of ultra-fast GaN chargers, a new family of GaN half-bridge ICs, and high-performance, rugged SiC MOSFETs Demos include a wide range of ultra-fast GaN chargers, a new family o...

2 months ago - GlobeNewsWire

Navitas GaNSense™ Half-Bridge Power ICs: The Next Stage in the High Frequency Power Electronics Revolution

Next-gen gallium nitride (GaN) delivers MHz performance with over 60% reduction in components and circuit size Next-gen gallium nitride (GaN) delivers MHz performance with over 60% reduction in componen...

3 months ago - GlobeNewsWire

Navitas Pure-Play, Next-Gen Semi Growth Highlighted at Deutsche Bank 2022 Technology Conference

New GeneSiC and VDD Tech acquisitions position Navitas to address a $20B+/year gallium nitride (GaN) and silicon carbide (SiC) opportunity, replacing legacy silicon chips New GeneSiC and VDD Tech acquis...

3 months ago - GlobeNewsWire

Navitas Highlights Pure-Play, Next-Gen Power at Jefferies' Semiconductor Investor Summit

New GeneSiC and VDD Tech acquisitions position Navitas to address $20B+/year gallium nitride (GaN) and silicon carbide (SiC) opportunity to replace legacy silicon chips New GeneSiC and VDD Tech acquisit...

3 months ago - GlobeNewsWire

Navitas Present Pure-Play, Next-Gen Power Semiconductors (GaN & SiC) in China Renaissance Fire-side Chat and Non-Deal...

Acquisitions of GeneSiC and VDD Tech position Navitas to address a market opportunity of over $20B/year to replace legacy silicon chips Acquisitions of GeneSiC and VDD Tech position Navitas to address a...

3 months ago - GlobeNewsWire

Navitas CEO: We need to reduce our reliance on legacy semiconductor chips

Gene Sheridan, Co-Founder and CEO of Navitas (NVTS), joins Worldwide Exchange to discuss the CHIPS Act's impact on the semiconductor industry.

3 months ago - CNBC Television

Why Texas Instruments, Micron Technology, and Navitas Semiconductor Fell Today

Hints of caution from a "defensive" semiconductor peer sent the entire sector down on Wednesday.

Other symbols: MUTXN
3 months ago - The Motley Fool