Currently, there are 191.76M common shares owned by the public and among those 124.15M shares have been available to trade.
The company’s stock has a 5-day price change of 21.18% and 143.31% over the past three months. NVTS shares are trading 73.11% year to date (YTD), with the 12-month market performance up to 48.92% higher. It has a 12-month low price of $1.52 and touched a high of $7.53 over the same period. NVTS has an average intraday trading volume of 23.37 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 51.94%, 124.52%, and 121.99% respectively.
Institutional ownership of Navitas Semiconductor Corp (NASDAQ: NVTS) shares accounts for 32.60% of the company’s 191.76M shares outstanding.
It has a market capitalization of $1.19B and a beta (3y monthly) value of 2.95. The earnings-per-share (ttm) stands at -$0.53. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.51% over the week and 24.33% over the month.
Analysts forecast that Navitas Semiconductor Corp (NVTS) will achieve an EPS of -0.05 for the current quarter, -0.05 for the next quarter and -0.1 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.05 while analysts give the company a high EPS estimate of -0.05. Comparatively, EPS for the current quarter was -0.07 a year ago. Earnings per share for the fiscal year are expected to increase by 21.58%, and 46.57% over the next financial year. EPS should grow at an annualized rate of 44.97% over the next five years, compared to 6.32% over the past 5-year period.
Looking at the support for the NVTS, a number of firms have released research notes about the stock. Morgan Stanley stated their Underweight rating for the stock in a research note on April 07, 2025, with the firm’s price target at $1.50. Jefferies coverage for the Navitas Semiconductor Corp (NVTS) stock in a research note released on May 13, 2024 offered a Hold rating with a price target of $4. Northland Capital was of a view on January 16, 2024 that the stock is Market Perform, while Morgan Stanley gave the stock Equal-Weight rating on August 29, 2023, issuing a price target of $9.20. Rosenblatt on their part issued Buy rating on February 24, 2022.
