Navitas Semiconductor Corporation (NVTS)

NASDAQ: NVTS · IEX Real-Time Price · USD
3.970
-0.030 (-0.75%)
May 15, 2024, 4:00 PM EDT - Market closed
-0.75%
Market Cap 726.76M
Revenue (ttm) 79.46M
Net Income (ttm) -145.43M
Shares Out 183.06M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,493,456
Open 4.060
Previous Close 4.000
Day's Range 3.880 - 4.110
52-Week Range 3.535 - 11.165
Beta 2.51
Analysts Buy
Price Target 7.41 (+86.65%)
Earnings Date May 9, 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 $7.41, which is an increase of 86.65% from the latest price.

Price Target
$7.41
(86.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navitas Semiconductor to Participate in Upcoming Investor Events

Executives to review drivers of $1.6B pipeline and mission to “Electrify Our World™” Executives to review drivers of $1.6B pipeline and mission to “Electrify Our World™”

2 days ago - GlobeNewsWire

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...

6 days 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

7 days ago - GlobeNewsWire

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...

20 days 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 ...

21 days 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...

27 days ago - GlobeNewsWire

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-...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Navitas GaN and SiC Technologies to Enable Next-Gen AI Power Delivery

AI data centers demanding 3x power increase creating a significant industry challenge AI data centers demanding 3x power increase creating a significant industry challenge

2 months ago - GlobeNewsWire

Navitas Semiconductor Announces Record Fourth Quarter and Full Year 2023 Financial Results

Posts Q4 revenue of $26 million, up 111% year over year and 19% sequentially Delivers $79.5 million full year revenue, up 109% from prior year Significant new wins in AI data centers, home appliances,...

2 months ago - GlobeNewsWire

Navitas Powers Samsung Galaxy S24 with Integrated AI

Next-gen gallium nitride (GaNFast™) technology enables “Super-Fast Charging” (SFC) Next-gen gallium nitride (GaNFast™) technology enables “Super-Fast Charging” (SFC)

3 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...

3 months ago - Business Wire

Navitas Celebrates Ten Years of Electrifying Next-Gen Power Innovations

A decade (2014-2024) of pioneering power semiconductor inspirations and introductions, with record financial growth, on a mission to “Electrify Our World™” A decade (2014-2024) of pioneering power sem...

3 months ago - GlobeNewsWire

Welcome to “Planet Navitas” at Premier Power Electronics Conference, APEC 2024

Navitas to showcase the path to a fully-electrified planet and how next-gen GaN and SiC power semis address a diverse $22B/yr market, with an exciting, informative, in-person experience Navitas to sho...

3 months ago - GlobeNewsWire

Navitas and SHINRY Accelerate New-Energy Vehicle Developments with Next-Gen Power Semiconductors

New joint lab facility and aligned product & system roadmaps to deliver advanced battery-electric and fuel-cell vehicle power platforms New joint lab facility and aligned product & system roadmaps to ...

3 months ago - GlobeNewsWire

Navitas Semiconductor Names Janet Chou Chief Financial Officer

TORRANCE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) p...

4 months ago - GlobeNewsWire

Navitas Semiconductor to Participate in Upcoming Investor Conferences

Customer pipeline Up 65% to $1.25B, target to grow 6x-10x market rate, with leading-edge GaN & SiC Customer pipeline Up 65% to $1.25B, target to grow 6x-10x market rate, with leading-edge GaN & SiC

4 months ago - GlobeNewsWire

Navitas Opening Ceremony and Investor Day 2023 at Torrance HQ

Customer pipeline Up 65% to $1.25B, target to Grow 6x-10x market rate, with leading-edge GaN & SiC Customer pipeline Up 65% to $1.25B, target to Grow 6x-10x market rate, with leading-edge GaN & SiC

5 months ago - GlobeNewsWire

Navitas to Review 2023 Investor Day Announcements at Taiwan Investor Meeting

Executives to review next-gen GaN & SiC technology, customer pipeline, and financial outlook Executives to review next-gen GaN & SiC technology, customer pipeline, and financial outlook

5 months ago - GlobeNewsWire

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...

5 months 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...

5 months 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...

5 months 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 ...

6 months 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.

6 months 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...

7 months ago - GlobeNewsWire