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

2.20

Mkt cap

404M

Volume

549K

High

2.27

P/E Ratio

-5.12

52-wk high

8.44

Low

2.18

Div yield

N/A

52-wk low

2.14

Insiders at four companies, Navitas Semiconductor Corporation (NVTS), Lattice Semiconductor Corporation (LSCC), Mercury Systems, Inc. (MRCY), and Fresh Vine Wine, Inc. (VINE), have recently sold shares. NVTS and LSCC reported better-than-expected Q2 results, while MRCY reported worse-than-expected Q4 results and issued lower FY24 guidance. VINE is exploring strategic opportunities to maximize shareholder value.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 12:15 pm

Over the past 3 months, 8 analysts have published their opinion on Navitas Semiconductor (NASDAQ:NVTS) stock. The majority of these ratings are bullish, with an average price target of $10.9, an increase of 11.79% from the previous average price target of $9.75.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 12:00 pm

Rosenblatt analyst Kevin Cassidy has reiterated a 'Buy' rating on Navitas Semiconductor (NASDAQ:NVTS) and maintained a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:45 am

Navitas Semiconductor has announced the global launch of GaNSafe, a high-performance wide bandgap power platform. The company has optimized its 4th-generation Gallium Nitride technology for applications in data centers, solar/energy storage, and the EV market.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 10:11 am

Morgan Stanley analyst Joseph Moore has initiated coverage on Navitas Semiconductor (NASDAQ:NVTS) with an Equal-Weight rating and a price target of $9.2.

Portfolio Pulse from richadhand@benzinga.com

August 29, 2023 | 8:21 am

Rosenblatt analyst Kevin Cassidy has reiterated a 'Buy' rating on Navitas Semiconductor (NASDAQ:NVTS) and maintained a price target of $12.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 11:21 am

Navitas, a leader in power semiconductors, is set to reveal a major breakthrough in next-generation power semiconductors at SEMICON Taiwan 2023.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 8:05 pm

Banyan Hill has recommended Navitas Semiconductor Corporation (NVTS) as a new buy in its Extreme Fortunes newsletter.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:59 pm

Baird analyst Tristan Gerra maintains an Outperform rating on Navitas Semiconductor (NASDAQ:NVTS) and raises the price target from $10 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 12:07 pm

Over the past 3 months, 6 analysts have published their opinion on Navitas Semiconductor (NASDAQ:NVTS) stock. The company has an average price target of $10.33, up by 6.83% from the previous average price target of $9.67. Out of the 6 analysts, 5 have given bullish ratings while 1 is indifferent.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 7:01 pm

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