Navitas Semiconductor Corporation (NVTS)
NASDAQ: NVTS · IEX Real-Time Price · USD
4.030
-0.140 (-3.36%)
At close: Jul 19, 2024, 4:00 PM
4.060
+0.030 (0.74%)
Pre-market: Jul 22, 2024, 7:36 AM EDT
Navitas Semiconductor Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for NVTS stock have an average target of 7.41, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 83.87% from the current stock price of 4.03.
Analyst Consensus: Buy
* Price targets were last updated on Jun 7, 2024.
Analyst Ratings
The average analyst rating for NVTS stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $10 | Strong Buy | Maintains | $10 | +148.14% | Jun 7, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $10 → $4 | Strong Buy → Hold | Downgrades | $10 → $4 | -0.74% | May 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $9 → $7 | Strong Buy | Maintains | $9 → $7 | +73.70% | May 10, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +148.14% | May 10, 2024 |
| Baird | Baird | Buy Maintains $12 → $7 | Buy | Maintains | $12 → $7 | +73.70% | May 10, 2024 |
Financial Forecast
Revenue This Year
96.07M
from 79.46M
Increased by 20.91%
Revenue Next Year
151.25M
from 96.07M
Increased by 57.43%
EPS This Year
-0.23
from -0.86
EPS Next Year
-0.14
from -0.23
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 103.1M | 178.7M | 315.0M | 438.9M |
| Avg | 96.1M | 151.3M | 229.7M | 318.1M |
| Low | 87.8M | 116.9M | 141.6M | 201.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 29.8% | 86.0% | 108.3% | 91.1% |
| Avg | 20.9% | 57.4% | 51.8% | 38.5% |
| Low | 10.5% | 21.6% | -6.4% | -12.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.21 | -0.06 | 0.07 | 0.46 |
| Avg | -0.23 | -0.14 | -0.05 | 0.22 |
| Low | -0.25 | -0.25 | -0.22 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | - |
| Avg | - | - | - | - |
| Low | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.