Streetbeat News

NVTS

Navitas Semiconductor Corporation

Industry

Semiconductors

Navitas Semiconductor Corporation designs, develops, and sells gallium nitride (GaN) power integrated circuits in China, the United States, Taiwan, Korea, and internationally. The company was incorporated in 2013 and is based in Dublin, Ireland.

Open

1.88

Mkt cap

332M

Volume

2.5M

High

1.88

P/E Ratio

-3.96

52-wk high

8.44

Low

1.76

Div yield

N/A

52-wk low

1.76

Navitas Semiconductor, a leader in GaN power ICs and SiC technology, will participate in the Roth Technology Conference in New York.

Portfolio Pulse from

November 14, 2024 | 9:15 pm

Navitas Semiconductor (NVTS) has experienced a 25.1% decline over the past four weeks, but it may be poised for a turnaround. The stock is in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.

Portfolio Pulse from

November 13, 2024 | 4:00 pm

Navitas Semiconductor and Richardson Electronics have expanded their partnership to distribute next-gen silicon carbide power semiconductors in the EMEA region.

Portfolio Pulse from

November 12, 2024 | 2:45 pm

Navitas Semiconductor Corporation held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Navitas Semiconductor Corporation (NVTS) reported a Q3 loss of $0.06 per share, matching the Zacks Consensus Estimate, but missed revenue estimates. This is a larger loss compared to $0.04 per share a year ago.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Navitas Semiconductor (NASDAQ:NVTS) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has decreased by 17.47% to $6.0. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite revenue growth, the company faces challenges with profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 3:03 pm

Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating for Navitas Semiconductor (NASDAQ:NVTS) and maintained a price target of $7.5.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:31 pm

Navitas Semiconductor has expanded its GaNSafe portfolio, which could enhance its market position in the semiconductor industry.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:38 pm

Semiconductor and chip stocks are experiencing a rise in share prices due to strong earnings reported by Micron.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:46 am

Semiconductor stocks are experiencing a decline in share prices due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:14 pm

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