Navitas Semiconductor (NVTS)

• Market cap: $609M
• 1 day: -1.51%
• 5 days: 5.16%
• 1 month: 0.00%
• 3 months: 27.34%
• 6 months: -28.35%
• Year to date: -6.59%
• 1 year: -46.29%
• 5 years: -70.04%
• 10 years: -70.04%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture, and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. The majority of revenue is generated from China.

Employees: 314

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

116% more call options, than puts

Call options by funds: $3.31M | Put options by funds: $1.53M

18% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

4.75% less ownership

Funds ownership: 47.13% [Q2] → 42.38% (-4.75%) [Q3]

10% less funds holding

Funds holding: 145 [Q2] → 130 (-15) [Q3]

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

44% less capital invested

Capital invested by funds: $340M [Q2] → $190M (-$150M) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 23% upside
• Avg. target: $5.19 59% upside
• High target: $7.50 130% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Deutsche Bank Ross Seymore 50% 1-year accuracy 8 / 16 met price target	23% upside $4	Buy Maintained	5 Nov 2024
Craig-Hallum Richard Shannon 79% 1-year accuracy 34 / 43 met price target	30% upside $4.25	Buy Maintained	5 Nov 2024
Baird Tristan Gerra 40% 1-year accuracy 10 / 25 met price target	53% upside $5	Outperform Maintained	5 Nov 2024
Rosenblatt Kevin Cassidy 63% 1-year accuracy 34 / 54 met price target	130% upside $7.50	Buy Maintained	31 Oct 2024