In last trading session, Navitas Semiconductor Corp (NASDAQ:NVTS) saw 3.09 million shares changing hands with its beta currently measuring 2.21. Company’s recent per share price level of $1.86 trading at $0.06 or 3.33% at ring of the bell on the day assigns it a market valuation of $354.38M. That closing price of NVTS’s stock is at a discount of -176.34% from its 52-week high price of $5.14 and is indicating a premium of 18.28% from its 52-week low price of $1.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.25 million shares which gives us an average trading volume of 4.15 million if we extend that period to 3-months.
For Navitas Semiconductor Corp (NVTS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Navitas Semiconductor Corp (NASDAQ:NVTS) trade information
Upright in the green during last session for gaining 3.33%, in the last five days NVTS remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $1.86 price level, adding 6.06% to its value on the day. Navitas Semiconductor Corp’s shares saw a change of -47.90% in year-to-date performance and have moved 6.90% in past 5-day. Navitas Semiconductor Corp (NASDAQ:NVTS) showed a performance of -17.70% in past 30-days. Number of shares sold short was 28.53 million shares which calculate 6.54 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 53.5% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -115.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -115.05% for stock’s current value.
Navitas Semiconductor Corp (NVTS) estimates and forecasts
This year revenue growth is estimated to fall -9.14% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 14M for the same. And 7 analysts are in estimates of company making revenue of 15.01M in the next quarter. Company posted 23.18M and 20.47M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.32% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 30.09% while estimates for its earnings growth in next 5 years are of 60.31%.
Navitas Semiconductor Corp (NASDAQ:NVTS)’s Major holders
Insiders are in possession of 25.28% of company’s total shares while institution are holding 42.98 percent of that, with stock having share float percentage of 57.52%. Investors also watch the number of corporate investors in a company very closely, which is 42.98% institutions for Navitas Semiconductor Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at NVTS for having 9.9 million shares of worth $38.9 million. And as of 2024-06-30, it was holding 5.4053 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 9.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2899 of outstanding shares, having a total worth of $38.07 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.0 shares of worth $7.44 million or 2.10% of the total outstanding shares. The later fund manager was in possession of 3.42 shares on Mar 31, 2025 , making its stake of worth around $6.35 million in the company or a holder of 1.79% of company’s stock.
