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A Closer Look at 8 Analyst Recommendations For Navitas Semiconductor
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A Closer Look at 8 Analyst Recommendations For Navitas Semiconductor
Jun 7, 2024 6:19 AM

Navitas Semiconductor ( 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 ( NVTS ), presenting an average target of $8.62, a high estimate of $12.00, and a low estimate of $4.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 18.45%.

Exploring Analyst Ratings: An In-Depth Overview

An in-depth analysis of recent analyst actions unveils how financial experts perceive Navitas Semiconductor ( NVTS ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Kevin Cassidy Rosenblatt Maintains Buy $10.00 $10.00
Blayne Curtis Jefferies Lowers Hold $4.00 $10.00
Ross Seymore Deutsche Bank Lowers Buy $7.00 $9.00
Kevin Cassidy Rosenblatt Lowers Buy $10.00 $12.00
Tristan Gerra Baird Lowers Outperform $7.00 $12.00
Quinn Bolton Needham Lowers Buy $7.00 $9.00
Kevin Cassidy Rosenblatt Maintains Buy $12.00 $12.00
Kevin Cassidy Rosenblatt Maintains Buy $12.00 -

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Navitas Semiconductor ( NVTS ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Navitas Semiconductor ( NVTS ) compared to the broader market.

Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Navitas Semiconductor's ( NVTS ) stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Navitas Semiconductor's ( NVTS ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Navitas Semiconductor ( NVTS ) analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering Navitas Semiconductor ( NVTS ): A Closer Look

Navitas Semiconductor Corp ( NVTS ) 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.

Navitas Semiconductor's Financial Performance

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Over the 3 months period, Navitas Semiconductor ( NVTS ) showcased positive performance, achieving a revenue growth rate of 73.49% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Navitas Semiconductor's ( NVTS ) net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -15.88% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Navitas Semiconductor's ( NVTS ) ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.95% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Navitas Semiconductor's ( NVTS ) ROA stands out, surpassing industry averages. With an impressive ROA of -0.77%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Navitas Semiconductor's ( NVTS ) debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.02.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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