In the last trading session, 43.55 million Navitas Semiconductor Corp (NASDAQ:NVTS) shares changed hands as the company’s beta touched 2.95. With the company’s per share price at $6.18 changed hands at $0.13 or 2.15% during last session, the market valuation stood at $1.19B. NVTS’s last price was a discount, traded about -21.84% off its 52-week high of $7.53. The share price had its 52-week low at $1.52, which suggests the last value was 75.4% up since then.
Analysts gave the Navitas Semiconductor Corp (NVTS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NVTS as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Navitas Semiconductor Corp’s EPS for the current quarter is expected to be -0.05.
Navitas Semiconductor Corp (NASDAQ:NVTS) trade information
Instantly NVTS was in green as seen at the end of in last trading. With action 21.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 73.11%, with the 5-day performance at 21.18% in the green. However, in the 30-day time frame, Navitas Semiconductor Corp (NASDAQ:NVTS) is 216.11% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need a downside of -54.5% from its current market value. According to analyst projections, NVTS’s forecast low is 4 with 4 as the target high. To hit the forecast high, the stock’s price needs a 35.28% surge from its current level, while the stock would need to tank 35.28% for it to hit the projected low.
Navitas Semiconductor Corp (NVTS) estimates and forecasts
Year-over-year growth is forecast to reach -23.15% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 14.43M. 7 analysts are of the opinion that Navitas Semiconductor Corp’s revenue for the current quarter will be 15.65M. The company’s revenue for the corresponding quarters a year ago was 20.47M and 21.68M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -29.48%. The estimates for the next quarter sales put growth at -27.81%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.32%. The 2025 estimates are for Navitas Semiconductor Corp earnings to increase by 21.58%, but the outlook for the next 5-year period is at 44.97% per year.
NVTS Dividends
Navitas Semiconductor Corp is expected to release its next quarterly earnings report in July.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.2899% or 9.69 million shares worth $38.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 4.0 shares estimated at $24.71 million under it, the former controlled 2.08% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.66% of the shares, roughly 3.19 shares worth around $19.69 million.
