Navitas Semiconductor Corporation (NVTS)
NASDAQ: NVTS · IEX Real-Time Price · USD
4.460
+0.320 (7.73%)
At close: Apr 26, 2024, 4:00 PM
4.440
-0.020 (-0.45%)
After-hours: Apr 26, 2024, 7:58 PM EDT
Navitas Semiconductor Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for NVTS stock have an average target of 9.82, with a low estimate of 6.90 and a high estimate of 12. The average target predicts an increase of 120.18% from the current stock price of 4.46.
Analyst Consensus: Buy
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for NVTS stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +169.06% | Mar 12, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +169.06% | Mar 1, 2024 |
| Needham | Needham | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +101.79% | Mar 1, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jan 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $8 → $6.9 | Hold | Maintains | $8 → $6.9 | +54.71% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
115.45M
from 79.46M
Increased by 45.30%
Revenue Next Year
206.06M
from 115.45M
Increased by 78.48%
EPS This Year
-0.19
from -0.86
EPS Next Year
-0.06
from -0.19
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 120.8M | 315.0M | 525.0M |
| Avg | 115.5M | 206.1M | 312.8M |
| Low | 109.1M | 149.7M | 189.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 52.0% | 172.8% | 154.8% |
| Avg | 45.3% | 78.5% | 51.8% |
| Low | 37.3% | 29.6% | -8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.15 | 0.01 | 0.26 |
| Avg | -0.19 | -0.06 | 0.08 |
| Low | -0.21 | -0.12 | -0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.