NVTS Stock Price, Navitas Semiconductor Quote, Chart

Market Summary

USD3.82-0.09

Market Closed

-2.30%

NVTS Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)
Losses in recent quarter

NVTS Stock Price

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NVTS RSI Chart

NVTS Valuation

Market Cap

699.4M

Price/Earnings (Trailing)

-8.04

Price/Sales (Trailing)

7.83

EV/EBITDA

-6.66

Price/Free Cashflow

-11.89

NVTS Price/Sales (Trailing)

NVTS Profitability

EBT Margin

-98.32%

Return on Equity

-21.87%

Return on Assets

-18.6%

Free Cashflow Yield

-8.41%

NVTS Fundamentals

NVTS Revenue

Revenue (TTM)

89.3M

Rev. Growth (Yr)

73.49%

Rev. Growth (Qtr)

-11.06%

NVTS Earnings

Earnings (TTM)

-87.0M

Earnings Growth (Yr)

94.1%

Earnings Growth (Qtr)

88.61%

Breaking Down NVTS Revenue

Last 7 days

-6.8%

Last 30 days

-2.1%

Last 90 days

-39.7%

Trailing 12 Months

-55.1%

How does NVTS drawdown profile look like?

NVTS Financial Health

Current Ratio

4.55

NVTS Investor Care

Shares Dilution (1Y)

13.77%

Diluted EPS (TTM)

-0.5

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	89.3M	0	0	0
2023	44.6M	54.0M	65.7M	79.5M
2022	25.2M	28.3M	32.9M	37.9M
2021	14.8M	17.8M	20.8M	23.7M
2020	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Navitas Semiconductor Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	sheridan eugene	sold	-184,507	4.801	-38,431	president & ceo
Mar 14, 2024	kinzer daniel m.	sold	-115,574	4.801	-24,073	coo and cto
Mar 14, 2024	singh ranbir	sold	-52,450	4.801	-10,925	evp, genesic business
Mar 13, 2024	sheridan eugene	acquired	-	-	98,435	president & ceo
Mar 13, 2024	singh ranbir	acquired	-	-	37,530	evp, genesic business
Mar 13, 2024	kinzer daniel m.	acquired	-	-	60,404	coo and cto
Dec 15, 2023	shelton ron	sold	-81,101	8.1101	-10,000	sr vp, cfo and treasurer
Dec 15, 2023	saluja dipender	sold	-357,256	8.2073	-43,529	-
Dec 14, 2023	hendrix richard j	gifted	-	-	-2,500	-
Dec 14, 2023	saluja dipender	sold	-357,499	8.2127	-43,530	-

Which funds bought or sold NVTS recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-3.08	-440,102	590,235	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-69.13	-1,665,580	371,770	-%
May 15, 2024	Kodai Capital Management LP	added	14.32	-10,334,800	21,534,500	0.50%
May 15, 2024	VOLORIDGE INVESTMENT MANAGEMENT, LLC	sold off	-100	-4,450,040	-	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	16.72	-68,000	151,000	-%
May 15, 2024	G2 Investment Partners Management LLC	sold off	-100	-574,213	-	-%
May 15, 2024	TOWNSQUARE CAPITAL LLC	sold off	-100	-200,612	-	-%
May 15, 2024	Alpha DNA Investment Management LLC	sold off	-100	-468,527	-	-%
May 15, 2024	Nishkama Capital, LLC	sold off	-100	-3,252,650	-	-%
May 15, 2024	AE Wealth Management LLC	sold off	-100	-332,580	-	-%

Are Funds Buying or Selling NVTS?

Are funds buying NVTS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NVTS

No. of Funds

Unveiling Navitas Semiconductor Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 24, 2023	singh ranbir	16.2%	24,883,161	SC 13G/A
Aug 25, 2022	singh ranbir	12.4%	18,645,603	SC 13G
Feb 15, 2022	encompass capital advisors llc	1.84%	2,195,101	SC 13G/A
Feb 08, 2022	integrated core strategies (us) llc	0.4%	525,000	SC 13G/A

Recent SEC filings of Navitas Semiconductor Corporation

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 13, 2024	NT 10-Q	NT 10-Q
May 09, 2024	8-K	Current Report
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 03, 2024	144	Notice of Insider Sale Intent
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Navitas Semiconductor Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

Navitas Semiconductor Corporation News

Latest updates

Navitas Semiconductor Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3
Revenue	-11.1%	23,175,000	26,057,500	21,978,000	18,062,000	13,358,000	12,349,000	10,243,000	8,611,000	6,740,000	7,338,000	5,631,000	5,450,000	5,317,000	-	-	-
Gross Profit	-	-	-	-	-	-	-	391,000	3,585,000	2,963,000	3,250,000	2,599,000	2,479,000	2,358,000	-	-	-
Operating Expenses	8.8%	41,090,000	37,782,500	35,746,000	34,715,000	40,951,000	36,208,000	37,820,000	23,599,000	37,957,000	39,156,000	9,354,000	21,061,000	9,623,000	-	-	-
S&GA Expenses	7.8%	16,087,000	14,922,500	14,419,000	13,151,000	19,058,000	15,763,000	24,053,000	13,993,000	24,544,000	27,661,000	3,550,000	14,794,000	5,369,000	136,223	-	-
R&D Expenses	11.8%	20,229,000	18,086,000	16,553,000	16,791,000	17,394,000	15,945,000	11,526,000	9,522,000	13,325,000	11,150,000	5,804,000	6,267,000	4,254,000	-	-	-
EBITDA Margin	47.2%	-0.96	-1.82	-2.01	-3.39	-2.03	1.35	-1.45	-0.42	-2.58	-6.40	-0.90	-1.05	-1.25	-1.56	-	-
Interest Expenses	-	-	-	-10,000	10,000	-	85,000	73,000	65,000	67,000	204,568	53.00	812	60,000	690	-	-
Income Taxes	113.9%	70,000	-504,500	23,000	-96,000	61,000	-12,950,000	-10,135,000	270,000	3,000	10,000	13,000	5,000	19,000	-	-	-
Earnings Before Taxes	89.1%	-3,611,000	-33,082,500	7,542,000	-58,623,000	-62,304,000	-20,864,000	-42,963,000	34,107,000	79,795,000	-119,837,000	-6,830,000	-18,645,000	-7,326,000	-	-	-
EBT Margin	46.7%	-0.98	-1.84	-2.04	-3.42	-2.07	1.32	-1.48	-0.45	-2.60	-6.43	-0.92	-1.07	-1.28	-1.61	-	-
Net Income	88.6%	-3,681,000	-32,319,000	7,519,000	-58,527,000	-62,365,000	-7,126,000	-32,590,000	33,837,000	79,792,000	-119,847,000	-6,843,000	-18,650,000	-7,345,000	-3,718,251	-	-
Net Income Margin	46.8%	-0.97	-1.83	-1.83	-2.97	-1.53	1.95	-1.18	-0.46	-2.61	-6.43	-1.76	-1.67	-1.28	-1.61	-	-
Free Cashflow	5.6%	-22,681,000	-24,028,000	-1,950,000	-10,167,000	-8,735,000	-10,119,000	-18,334,000	-9,793,000	-10,895,000	-17,763,000	-11,591,000	-8,290,000	-6,124,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4
Assets	-3.6%	468	486	494	499	416	425	443	286	287	296	253	253	255	49.00	255
Current Assets	-8.3%	191	208	215	216	130	142	156	266	280	291	0.00	0.00	2.00	47.00	-
Cash Equivalents	-15.2%	130	153	177	178	101	110	125	241	254	268	11.00	24.00	32.00	39.00	-
Inventory	43.2%	33.00	23.00	16.00	19.00	19.00	19.00	17.00	14.00	13.00	12.00	-	-	-	3.00	-
Net PPE	28.6%	12.00	9.00	8.00	7.00	7.00	7.00	6.00	4.00	2.00	2.00	-	-	-	1.00	-
Goodwill	0%	163	163	163	163	161	162	160	1.00	-	-	-	-	-	-	-
Liabilities	-33.3%	70.00	105	91.00	116	71.00	41.00	61.00	39.00	87.00	230	33.00	38.00	27.00	11.00	8.00
Current Liabilities	-16.7%	42.00	50.00	45.00	36.00	23.00	20.00	19.00	16.00	13.00	11.00	0.00	0.00	0.00	6.00	-
Long Term Debt	-	-	-	-	-	-	-	1.00	2.00	3.00	4.00	-	-	-	5.00	-
LT Debt, Current	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00	-	-	-	1.00	-
LT Debt, Non Current	-	-	-	-	-	-	-	1.00	2.00	3.00	4.00	-	-	-	5.00	-
Shareholder's Equity	4.5%	398	381	403	383	345	381	382	247	200	66.00	-	5.00	5.00	5.00	5.00
Retained Earnings	-1.2%	-303	-300	-267	-275	-216	-154	-147	-115	-148	-228	-32.86	-14.30	-2.26	-75.98	-6.04
Additional Paid-In Capital	3.1%	702	681	671	659	561	536	525	362	349	294	-	19.00	7.00	4.00	-5.01
Shares Outstanding	2.1%	183	179	179	174	161	154	127	122	120	118	20.00	20.00	20.00	17.00	-
Minority Interest	-	-	-	-	-	-	4.00	4.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,220	-	-	-	352	-	-	-	251	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	12.7%	-19,783	-22,656	-244	-9,278	-7,920	-8,960	-17,154	-7,782	-10,601	-16,908	-11,019	-7,961	-5,812	-159	-45*
Share Based Compensation	10.9%	13,548	12,218	12,079	12,570	17,161	11,152	15,774	11,036	25,326	26,639	201	12,729	1,835	-	-
Cashflow From Investing	-293.4%	-5,398	-1,372	-1,706	-889	-1,815	-1,161	-98,390	-5,065	-2,992	-941	-1,056	-479	-990	-	-
Cashflow From Financing	1097.6%	2,024	169	900	87,092	221	-4,334	-168	-446	-862	275,025	-698	-	222	255,029	27.00
Buy Backs	-	-	-	-	-	-	-	-	-	550	-	-	-	-	-	-

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NVTS Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
NET REVENUES	$ 23,175	$ 13,358
COST OF REVENUES (exclusive of amortization of intangible assets included below)	13,660	7,873
OPERATING EXPENSES:
Research and development	20,229	17,394
Selling, general and administrative	16,087	19,058
Amortization of intangible assets	4,774	4,499
Total operating expenses	41,090	40,951
LOSS FROM OPERATIONS	(31,575)	(35,466)
OTHER INCOME (EXPENSE), net:
Interest income	1,682	903
Gain (loss) from change in fair value of earnout liabilities	26,199	(27,752)
Other income	83	11
Total other income (expense), net	27,964	(26,838)
LOSS BEFORE INCOME TAXES	(3,611)	(62,304)
INCOME TAX PROVISION	70	61
NET LOSS	(3,681)	(62,365)
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	0	(518)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS	$ (3,681)	$ (61,847)
NET LOSS PER COMMON SHARE:
Basic net loss per share attributable to common stockholders (in dollars per share)	$ (0.02)	$ (0.39)
Diluted net loss per share attributable to common stockholders (in dollars per share)	$ (0.02)	$ (0.39)
WEIGHTED AVERAGE COMMON SHARES USED IN NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS:
Basic common shares (in shares)	179,779	156,792
Diluted common shares (in shares)	179,779	156,792

NVTS Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 129,682	$ 152,839
Accounts receivable, net	22,199	25,858
Inventories	33,176	23,166
Prepaid expenses and other current assets	6,024	6,619
Total current assets	191,081	208,482
PROPERTY AND EQUIPMENT, net	11,773	9,154
OPERATING LEASE RIGHT OF USE ASSETS	7,805	8,268
INTANGIBLE ASSETS, net	86,325	91,099
GOODWILL	163,215	163,215
OTHER ASSETS	7,690	5,328
Total assets	467,889	485,546
CURRENT LIABILITIES:
Accounts payable and other accrued expenses	24,450	26,637
Accrued compensation expenses	7,591	10,902
Operating lease liabilities, current	1,857	1,892
Customer deposit	8,074	10,953
Total current liabilities	41,972	50,384
OPERATING LEASE LIABILITIES NONCURRENT	6,307	6,653
EARNOUT LIABILITY	20,653	46,852
DEFERRED TAX LIABILITIES	1,040	1,040
Total liabilities	69,972	104,929
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS’ EQUITY:
Common stock, $0.0001 par value, 750,000,000 shares authorized as of March 31, 2024 and December 31, 2023, and 182,996,785 and 179,196,418 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	21	21
Additional paid-in capital	701,771	680,790
Accumulated other comprehensive loss	(7)	(7)
Accumulated deficit	(303,868)	(300,187)
Total stockholders’ equity	397,917	380,617
Total liabilities and stockholders’ equity	$ 467,889	$ 485,546

About Navitas Semiconductor Corporation

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications. It operates in the United States, Europe, China, rest of Asia, and internationally. The company was founded in 2013 and is based in Torrance, California.

CEO	Mr. Eugene A. Sheridan
WEBSITE	https://navitassemi.com
INDUSTRY	Semiconductors
EMPLOYEES	230

Navitas Semiconductor Corporation Frequently Asked Questions

What is the ticker symbol for Navitas Semiconductor Corporation? What does NVTS stand for in stocks?

NVTS is the stock ticker symbol of Navitas Semiconductor Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Navitas Semiconductor Corporation (NVTS)?

As of Fri May 17 2024, market cap of Navitas Semiconductor Corporation is 699.45 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NVTS stock?

You can check NVTS's fair value in chart for subscribers.

What is the fair value of NVTS stock?

You can check NVTS's fair value in chart for subscribers. The fair value of Navitas Semiconductor Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Navitas Semiconductor Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NVTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Navitas Semiconductor Corporation a good stock to buy?

The fair value guage provides a quick view whether NVTS is over valued or under valued. Whether Navitas Semiconductor Corporation is cheap or expensive depends on the assumptions which impact Navitas Semiconductor Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NVTS.

What is Navitas Semiconductor Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NVTS's PE ratio (Price to Earnings) is -8.04 and Price to Sales (PS) ratio is 7.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NVTS PE ratio will change depending on the future growth rate expectations of investors.