Baird Maintains Outperform on Navitas Semiconductor, Lowers Price Target to $7
$NVTS
Semiconductors
Technology
Baird analyst Tristan Gerra maintains Navitas Semiconductor (NASDAQ:NVTS) with a Outperform and lowers the price target from $12 to $7.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2024 | $10.00 → $4.00 | Buy → Hold | Jefferies |
| 1/16/2024 | Market Perform | Northland Capital | |
| 8/29/2023 | $9.19 | Equal-Weight | Morgan Stanley |
| 2/24/2022 | $15.00 | Buy | Rosenblatt |
| 2/17/2022 | $16.00 | Buy | Needham |
| 12/14/2021 | $20.00 | Neutral | B of A Securities |
| 11/23/2021 | $22.00 | Buy | Deutsche Bank |
| 11/15/2021 | $24.00 | Buy | Jefferies |
Navitas Semiconductor (NASDAQ:NVTS) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 3 1 1 0 0 2M Ago 1 0 0 0 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Navitas Semiconductor, presenting an average target of $8.62, a high estimate of $12.00, and a low estimate of $4.00. A negative shift in
Rosenblatt analyst Kevin Cassidy maintains Navitas Semiconductor (NASDAQ:NVTS) with a Buy and maintains $10 price target.
Record sales in GaN mobile fast-charger marketNew, low-voltage GaN technology enters 48V AI data center, EV and robotics marketsStrategic partnership with Infineon Technologies enables customer dual sourcingStreamlined market focus and cost structure improve path to profitability TORRANCE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the third quarter ended September 30, 2024. "I'm pleased to announce record sales in the mobile fast-charger market
TORRANCE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2024 financial results after the market close on Monday, November 4th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2024 Financial Results Conference Call and Webcast Information:When: Monday, November 4, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 2158932Live Webcast: https://edge.media-server.com
Q2 revenue and gross margin at higher end of guidanceFirst-half revenue up nearly 40% year-on-yearImportant AI data center advances in power systems roadmap to support Hopper, Blackwell, Blackwell Ultra and Rubin processor platforms TORRANCE, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the second quarter ended June 30, 2024. "We are pleased with our Q2 results at the high end of our guidance, major new design wins, and significant technology advances and launches," said Gene Sheridan, CEO and co-founder. "Our leading- edge technology is fueling r
Jefferies downgraded Navitas Semiconductor from Buy to Hold and set a new price target of $4.00 from $10.00 previously
Northland Capital initiated coverage of Navitas Semiconductor with a rating of Market Perform
Morgan Stanley initiated coverage of Navitas Semiconductor with a rating of Equal-Weight and set a new price target of $9.20
144 - Navitas Semiconductor Corp (0001821769) (Subject)
144 - Navitas Semiconductor Corp (0001821769) (Subject)
10-Q - Navitas Semiconductor Corp (0001821769) (Filer)
3 - Navitas Semiconductor Corp (0001821769) (Issuer)
4 - Navitas Semiconductor Corp (0001821769) (Issuer)
4 - Navitas Semiconductor Corp (0001821769) (Issuer)
SC 13G/A - Navitas Semiconductor Corp (0001821769) (Subject)
SC 13G/A - Navitas Semiconductor Corp (0001821769) (Subject)
SC 13G/A - Navitas Semiconductor Corp (0001821769) (Subject)
TORRANCE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) has announced that the company's revenue growth has been acknowledged for the third consecutive year, by Deloitte's Technology Fast 500™. Navitas growth was driven by strong demand for its advanced, high-efficiency, wide-bandgap gallium nitride (GaN) and silicon carbide (SiC) power components, across a growing number of global markets and customers. Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Based on percentage fis
TORRANCE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced participation in the upcoming Roth conference in New York. 13th Annual Roth Technology ConferenceNovember 19th & 20th 20251-on-1 meetings with Todd Glickman, CFO, and Stephen Oliver, VP Investor Relations.Hard Rock Hotel New York – 159 W 48th St, New York, NY 10036 To participate, please contact Roth Capital partners via [email protected]. About Navitas Navitas Semiconductor (NASDAQ:NVTS) is the only pure-play, next-generati
LAFOX, Ill. and TORRANCE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) and Navitas Semiconductor (NASDAQ:NVTS) announced today an expanded distribution partnership for next-gen silicon carbide (SiC) power semiconductors for Europe, the Middle East, and Africa (EMEA). Navitas is the only pure-play, next-generation power-semiconductor company and industry leader in next-generation GeneSiC™ silicon carbide (SiC) and GaNFast™ gallium nitride (GaN) power semiconductors. Enabled by 20 years of SiC innovation leadership, GeneSiC proprietary ‘trench-assisted planar' technology provides world-leading performance over temperature, delivering high-speed, c
TORRANCE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, and SHINRY, global industry leader of on-board power supply and strategic supplier to Honda, Hyundai, BYD, Geely, XPENG, BAIC and many more leading automobile manufacturers, announced the opening of an advanced, joint R&D power laboratory to accelerate the development of New-Energy Vehicle (NEV) power systems enabled by Navitas' GaNFast™ technology. Next-gen gallium nitride (GaN) is replacing legacy silicon power chips due to superior high-f
TORRANCE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, announced the appointment of Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of Navitas' 2023 annual report on Form 10‑K expected at the end of February. Chou will report to Gene Sheridan, President and CEO, and will replace Ron Shelton, Senior Vice President, CFO and Treasurer, who announced his intention to pursue other opportunities effective March 15, 2024. Following the Form 10-K filing
EL SEGUNDO, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry-leader in gallium nitride (GaN) power ICs, announced the appointment of Ron Shelton as Senior VP, CFO and Treasurer. In parallel, interim CFO, Todd Glickman, will continue in his integral role as SVP of Finance. "We welcome Ron to the team as he brings rich experience as a public-company CFO in semiconductors, in M&A and other strategic transactions which will be invaluable in our mission to become the leading next-generation power-semiconductor company," said Gene Sheridan, Navitas CEO and co-founder. "Additionally, I would like to thank Todd for his support and leadership through Navit