In the last trading session, 77.53 million shares of the Navitas Semiconductor Corp (NASDAQ:NVTS) were traded, and its beta was 2.79. Most recently the company’s share price was $4.41, and it changed around -$0.64 or -12.67% from the last close, which brings the market valuation of the company to $845.87M. NVTS currently trades at a discount to its 52-week high of $5.25, offering almost -19.05% off that amount. The share price’s 52-week low was $1.52, which indicates that the current value has risen by an impressive 65.53% since then.
Navitas Semiconductor Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended NVTS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Navitas Semiconductor Corp (NASDAQ:NVTS) trade information
Instantly NVTS has showed a red trend with a performance of -12.67% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.25 on recent trading dayincreased the stock’s daily price by 16.0%. The company’s shares are currently up 23.53% year-to-date, but still up 112.02% over the last five days. On the other hand, Navitas Semiconductor Corp (NASDAQ:NVTS) is 117.24% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to decrease their stock price by -10.25% from its current value. Analyst projections state that NVTS is forecast to be at a low of $4 and a high of $4.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.32%. Navitas Semiconductor Corp earnings are expected to increase by 21.58% in 2025, but the outlook is positive 44.97% per year for the next five years.
NVTS Dividends
Navitas Semiconductor Corp’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 5.2899% or 9.69 million shares worth $38.07 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.0 shares worth $17.64 million, making up 2.08% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.42 shares worth around $15.06 million, which represents about 1.78% of the total shares outstanding.
