Navitas Semiconductor (NASDAQ:NVTS) Price Target Lowered to $8.00 at Rosenblatt Securities

Navitas Semiconductor (NASDAQ:NVTS) had its target price lowered by stock analysts at Rosenblatt Securities from $12.00 to $8.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Rosenblatt Securities’ price objective would suggest a potential downside of 34.69% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. CJS Securities cut Navitas Semiconductor from an “outperform” rating to a “market perform” rating in a research note on Monday, August 18th. Jefferies Financial Group raised Navitas Semiconductor to a “hold” rating in a research note on Tuesday, October 28th. Craig Hallum cut Navitas Semiconductor from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research note on Tuesday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Navitas Semiconductor in a research note on Tuesday, August 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Navitas Semiconductor in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.48.

Navitas Semiconductor Stock Down 9.0%

NVTS stock opened at $12.25 on Tuesday. Navitas Semiconductor has a 52-week low of $1.52 and a 52-week high of $17.79. The business has a fifty day moving average of $8.91 and a two-hundred day moving average of $6.71. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of -18.85 and a beta of 3.10.

Navitas Semiconductor (NASDAQ:NVTS) last issued its quarterly earnings data on Monday, November 3rd. The company reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). Navitas Semiconductor had a negative return on equity of 18.16% and a negative net margin of 182.63%.The business had revenue of $10.11 million during the quarter, compared to analysts’ expectations of $10.00 million. During the same period in the previous year, the firm posted ($0.10) earnings per share. The company’s revenue was down 53.4% on a year-over-year basis. Navitas Semiconductor has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Navitas Semiconductor will post -0.51 EPS for the current year.

Insider Transactions at Navitas Semiconductor

In related news, Director Brian Long sold 750,000 shares of Navitas Semiconductor stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $5.84, for a total value of $4,380,000.00. Following the completion of the transaction, the director directly owned 2,670,991 shares in the company, valued at approximately $15,598,587.44. This trade represents a 21.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 2,705,596 shares of company stock valued at $16,096,333 in the last ninety days. Company insiders own 29.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NVTS. CWM LLC lifted its holdings in Navitas Semiconductor by 24.7% during the 3rd quarter. CWM LLC now owns 4,515 shares of the company’s stock worth $33,000 after buying an additional 893 shares during the last quarter. Strategic Blueprint LLC lifted its holdings in Navitas Semiconductor by 6.5% during the 3rd quarter. Strategic Blueprint LLC now owns 15,426 shares of the company’s stock worth $111,000 after buying an additional 937 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Navitas Semiconductor by 3.8% during the 2nd quarter. Captrust Financial Advisors now owns 45,758 shares of the company’s stock worth $300,000 after buying an additional 1,667 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Navitas Semiconductor by 20.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,678 shares of the company’s stock worth $90,000 after buying an additional 2,352 shares during the last quarter. Finally, Cranbrook Wealth Management LLC lifted its holdings in Navitas Semiconductor by 72.5% during the 3rd quarter. Cranbrook Wealth Management LLC now owns 6,637 shares of the company’s stock worth $48,000 after buying an additional 2,789 shares during the last quarter. 46.14% of the stock is currently owned by hedge funds and other institutional investors.

About Navitas Semiconductor

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.