NVTS Chart
About

Navitas Semiconductor Corporation designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally. It offers gallium nitride power integrated circuits, silicon carbide power devices, silicon system controllers, and digital isolators for power conversion and charging. The company's products are used in mobile phones, laptops, consumer electronics, data centers, solar inverters, and electric vehicles and various other applications. The company was founded in 2014 and is based in Torrance, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 2.21B
Enterprise Value 1.63B Income -125.00M Sales 56.60M
Book/sh 1.73 Cash/sh 0.70 Dividend Yield —
Payout 0.00% Employees 280 IPO —
P/E — Forward P/E -68.93 PEG —
P/S 39.12 P/B 5.56 P/C —
EV/EBITDA -21.97 EV/Sales 28.83 Quick Ratio 7.11
Current Ratio 7.93 Debt/Eq 1.87 LT Debt/Eq —
EPS (ttm) -0.64 EPS next Y -0.14 EPS Growth —
Revenue Growth -53.40% Earnings 2026-05-04 ROA -14.19%
ROE -33.25% ROIC — Gross Margin 24.18%
Oper. Margin -167.27% Profit Margin -220.85% Shs Outstand 230.50M
Shs Float 188.74M Short Float 23.31% Short Ratio 1.44
Short Interest — 52W High 17.79 52W Low 1.52
Beta 3.17 Avg Volume 20.09M Volume 21.56M
Target Price $8.15 Recom Hold Prev Close $8.26
Price $9.61 Change 16.28%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.15
Mean price target
2. Current target
$9.61
Latest analyst target
3. DCF / Fair value
$2.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.61
Low
$4.20
High
$13.00
Mean
$8.15

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-31 main Morgan Stanley Underweight → Underweight $4
2025-11-10 main Rosenblatt Neutral → Neutral $8
2025-11-04 main Rosenblatt Neutral → Neutral $8
2025-11-04 main Needham Buy → Buy $13
2025-10-20 down Rosenblatt Buy → Neutral $12
2025-08-26 main Rosenblatt Buy → Buy $8
2025-08-26 reit Needham Buy → Buy $8
2025-08-05 down Craig-Hallum Buy → Hold $6
2025-08-05 main Morgan Stanley Underweight → Underweight $4
2025-08-05 main Rosenblatt Buy → Buy $8
2025-08-05 main Needham Buy → Buy $8
2025-07-31 main Morgan Stanley Underweight → Underweight $5
2025-05-22 main Rosenblatt Buy → Buy $6
2025-05-06 main Needham Buy → Buy $3
2025-05-06 main Rosenblatt Buy → Buy $4
2025-04-07 down Morgan Stanley Equal-Weight → Underweight $2
2025-03-13 main Rosenblatt Buy → Buy $5
2025-03-05 main Baird Outperform → Outperform $4
2025-02-25 main Rosenblatt Buy → Buy $5
2025-02-25 reit Needham Buy → Buy $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1188884 9803428 — Sale at price 8.10 - 8.65 per share. SALUJA DIPENDER Director — 2025-12-15 00:00:00 I
1 179354 1556829 — Sale at price 8.68 per share. SINGH RANBIR Director — 2025-12-12 00:00:00 I
2 128300 1189754 — Sale at price 9.25 - 9.31 per share. WUNDERLICH GARY KENT JR Director — 2025-12-11 00:00:00 D
3 50000 462500 — Sale at price 9.25 per share. WUNDERLICH GARY KENT JR Director — 2025-12-09 00:00:00 D
4 78307 765091 — Sale at price 9.77 per share. GLICKMAN TODD Chief Financial Officer — 2025-12-08 00:00:00 D
5 48165 409427 — Sale at price 8.50 per share. LONG BRIAN Director — 2025-12-03 00:00:00 I
6 164184 1402859 — Sale at price 8.51 - 8.55 per share. LONG BRIAN Director — 2025-12-02 00:00:00 I
7 1493046 12758078 — Sale at price 8.54 per share. LONG BRIAN Director — 2025-11-26 00:00:00 I
8 345 2556 — Sale at price 7.41 per share. GLICKMAN TODD Chief Financial Officer — 2025-11-21 00:00:00 D
9 663 — — Stock Award(Grant) at price 0.00 per share. GLICKMAN TODD Chief Financial Officer — 2025-11-21 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems162.62K-89.20K36.43M-22.61M
TaxRateForCalcs0.000.000.210.27
NormalizedEBITDA-107.46M-67.42M-289.27M15.98M
TotalUnusualItems40.65M-29.73M173.47M-83.73M
TotalUnusualItemsExcludingGoodwill40.65M-29.73M173.47M-83.73M
NetIncomeFromContinuingOperationNetMinorityInterest-84.60M-145.43M73.91M-152.69M
ReconciledDepreciation21.89M20.98M7.84M755.00K
ReconciledCostOfRevenue52.00M46.23M25.07M12.64M
EBITDA-66.80M-97.15M-115.80M-67.75M
EBIT-88.70M-118.13M-123.64M-68.51M
NetInterestIncome-150.00K1.31M1.39M-257.00K
InterestExpense150.00K
InterestIncome1.31M1.39M
NormalizedIncome-125.09M-115.79M-63.13M-91.56M
NetIncomeFromContinuingAndDiscontinuedOperation-84.60M-145.43M73.91M-152.69M
TotalExpenses212.75M197.59M161.58M92.24M
TotalOperatingIncomeAsReported-130.68M-118.13M-123.64M-68.51M
DilutedAverageShares183.72M168.93M145.74M39.17M
BasicAverageShares183.72M168.93M133.67M39.17M
DilutedEPS-0.46-0.860.51-3.90
BasicEPS-0.46-0.860.56-3.90
DilutedNIAvailtoComStockholders-84.60M-145.43M73.91M-152.69M
NetIncomeCommonStockholders-84.60M-145.43M73.91M-152.69M
NetIncome-84.60M-145.43M73.91M-152.69M
MinorityInterests0.00518.00K1.03M0.00
NetIncomeIncludingNoncontrollingInterests-84.60M-145.95M72.89M-152.69M
NetIncomeContinuousOperations-84.60M-145.95M72.89M-152.69M
EarningsFromEquityInterestNetOfTax3.90M0.00
TaxProvision-342.00K-517.00K-22.81M47.00K
PretaxIncome-88.85M-146.47M50.08M-152.64M
OtherIncomeExpense40.76M-29.65M172.32M-83.87M
OtherNonOperatingIncomeExpenses102.00K84.00K-1.15M-143.00K
SpecialIncomeCharges35.42M-33.79M121.71M-38.10M
OtherSpecialCharges33.79M-121.71M38.10M
RestructuringAndMergernAcquisition-35.42M33.79M-121.71M38.10M
GainOnSaleOfSecurity5.23M4.05M51.76M-45.62M
NetNonOperatingInterestIncomeExpense-150.00K1.31M1.39M-257.00K
TotalOtherFinanceCost-1.39M257.00K
InterestExpenseNonOperating150.00K
InterestIncomeNonOperating1.31M1.39M
OperatingIncome-129.45M-118.13M-123.64M-68.51M
OperatingExpense157.79M149.20M135.58M79.19M
DepreciationAmortizationDepletionIncomeStatement18.93M18.82M6.91M345.00K
DepreciationAndAmortizationInIncomeStatement18.93M18.82M6.91M345.00K
Amortization18.93M18.82M6.91M345.00K
AmortizationOfIntangiblesIncomeStatement18.93M18.82M6.91M345.00K
ResearchAndDevelopment76.00M68.83M50.32M27.48M
SellingGeneralAndAdministration62.86M61.55M78.35M51.37M
GeneralAndAdministrativeExpense51.37M
OtherGandA51.37M
GrossProfit28.34M31.06M11.95M10.69M
CostOfRevenue54.96M48.39M26.00M13.05M
TotalRevenue83.30M79.46M37.94M23.74M
OperatingRevenue83.30M79.46M37.94M23.74M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber188.11M179.20M153.63M117.75M
ShareIssued188.11M179.20M153.63M117.75M
TotalDebt7.32M8.54M6.57M6.92M
TangibleBookValue112.60M126.30M113.98M65.37M
InvestedCapital348.01M380.62M381.13M72.45M
WorkingCapital99.12M157.68M121.80M280.64M
NetTangibleAssets112.60M126.30M113.98M65.37M
CapitalLeaseObligations7.32M8.54M6.57M0.00
CommonStockEquity348.01M380.62M381.13M65.54M
TotalCapitalization348.01M380.62M381.13M69.25M
TotalEquityGrossMinorityInterest348.01M380.62M384.76M65.54M
MinorityInterest0.000.003.63M0.00
StockholdersEquity348.01M380.62M381.13M65.54M
GainsLossesNotAffectingRetainedEarnings-7.00K-7.00K-7.00K-2.00K
OtherEquityAdjustments-7.00K-7.00K-7.00K-2.00K
RetainedEarnings-384.79M-300.19M-154.75M-228.67M
AdditionalPaidInCapital732.78M680.79M535.88M294.19M
CapitalStock21.00K21.00K18.00K15.00K
CommonStock21.00K21.00K18.00K15.00K
TotalLiabilitiesNetMinorityInterest41.97M104.93M40.50M230.06M
TotalNonCurrentLiabilitiesNetMinorityInterest20.82M56.44M20.15M219.34M
OtherNonCurrentLiabilities14.83M48.75M13.06M134.23M
PreferredSecuritiesOutsideStockEquity0.00
DerivativeProductLiabilities0.0081.39M
NonCurrentDeferredLiabilities441.00K1.04M1.82M0.00
NonCurrentDeferredTaxesLiabilities441.00K1.04M1.82M0.00
LongTermDebtAndCapitalLeaseObligation5.55M6.65M5.26M3.72M
LongTermCapitalLeaseObligation5.55M6.65M5.26M0.00
LongTermDebt3.72M
CurrentLiabilities21.14M48.49M20.35M10.73M
OtherCurrentLiabilities486.00K29.00K
CurrentDeferredLiabilities0.0010.95M486.00K
CurrentDeferredRevenue0.0010.95M486.00K
CurrentDebtAndCapitalLeaseObligation1.77M1.89M1.30M3.20M
CurrentCapitalLeaseObligation1.77M1.89M1.30M0.00
CurrentDebt3.20M
OtherCurrentBorrowings3.20M
PensionandOtherPostRetirementBenefitPlansCurrent8.62M10.90M3.91M2.64M
PayablesAndAccruedExpenses10.75M24.74M14.65M4.86M
CurrentAccruedExpenses2.64M
Payables10.75M24.74M14.65M4.86M
AccountsPayable10.75M24.74M14.65M4.86M
TotalAssets389.98M485.55M425.26M295.60M
TotalNonCurrentAssets269.71M279.38M283.11M4.23M
OtherNonCurrentAssets11.98M7.65M3.05M1.55M
NonCurrentNoteReceivables0.00206.00K
GoodwillAndOtherIntangibleAssets235.41M254.31M267.15M170.00K
OtherIntangibleAssets72.19M91.10M105.62M170.00K
Goodwill163.22M163.22M161.53M0.00
NetPPE22.32M17.42M12.91M2.30M
AccumulatedDepreciation-7.81M-4.90M-2.99M-1.66M
GrossPPE30.13M22.32M15.90M3.96M
Leases4.30M2.36M2.05M577.00K
ConstructionInProgress6.89M1.11M0.00
OtherProperties6.90M8.27M6.38M
MachineryFurnitureEquipment12.04M10.58M7.47M3.38M
Properties0.000.000.000.00
CurrentAssets120.27M206.16M142.15M291.37M
OtherCurrentAssets4.07M6.18M3.62M2.88M
PrepaidAssets2.88M
Inventory15.48M22.23M19.06M11.98M
FinishedGoods2.59M3.63M5.58M1.97M
WorkInProcess10.46M10.86M9.17M9.95M
RawMaterials2.42M7.74M4.31M60.00K
Receivables13.98M25.86M9.13M8.26M
AccountsReceivable13.98M25.86M9.13M8.26M
AllowanceForDoubtfulAccountsReceivable-135.00K0.00
GrossAccountsReceivable14.12M25.86M
CashCashEquivalentsAndShortTermInvestments86.74M151.89M110.34M268.25M
CashAndCashEquivalents86.74M151.89M110.34M268.25M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-65.59M-46.16M-49.14M-43.77M
RepurchaseOfCapitalStock0.00-550.00K0.00
RepaymentOfDebt0.00-6.93M-1.07M
IssuanceOfDebt0.002.00M
IssuanceOfCapitalStock0.0086.94M0.00517.00K
CapitalExpenditure-6.77M-4.78M-4.64M-2.07M
InterestPaidSupplementalData0.00290.00K265.00K
IncomeTaxPaidSupplementalData296.00K160.00K193.00K32.00K
EndCashPosition88.24M152.84M110.34M268.25M
BeginningCashPosition152.84M110.34M268.25M38.87M
EffectOfExchangeRateChanges0.00
ChangesInCash-64.60M42.50M-157.91M229.38M
FinancingCashFlow3.50M89.66M-5.81M274.55M
CashFlowFromContinuingFinancingActivities3.50M89.66M-5.81M274.55M
NetOtherFinancingCharges-482.00K273.10M
ProceedsFromStockOptionExercised3.50M3.20M1.67M517.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance0.0086.94M-550.00K0.00
CommonStockPayments0.00-550.00K0.00
CommonStockIssuance0.0086.94M0.00517.00K
NetIssuancePaymentsOfDebt0.00-6.93M933.00K
NetLongTermDebtIssuance0.00-6.93M933.00K
LongTermDebtPayments0.00-6.93M-1.07M
LongTermDebtIssuance0.002.00M
InvestingCashFlow-9.27M-5.78M-107.61M-3.47M
CashFlowFromContinuingInvestingActivities-9.27M-5.78M-107.61M-3.47M
NetOtherInvestingChanges97.00K-674.00K
NetInvestmentPurchaseAndSale-2.50M-1.00M-1.50M0.00
PurchaseOfInvestment-2.50M-1.00M-1.50M0.00
NetBusinessPurchaseAndSale0.00-101.56M-724.00K
PurchaseOfBusiness0.00-101.56M-724.00K
NetPPEPurchaseAndSale-6.77M-4.78M-4.64M-2.07M
PurchaseOfPPE-6.77M-4.78M-4.64M-2.07M
OperatingCashFlow-58.82M-41.38M-44.50M-41.70M
CashFlowFromContinuingOperatingActivities-58.82M-41.38M-44.50M-41.70M
ChangeInWorkingCapital-1.86M-2.80M2.68M-14.81M
ChangeInOtherWorkingCapital-10.95M10.47M457.00K29.00K
ChangeInOtherCurrentLiabilities-1.75M-1.95M-1.07M0.00
ChangeInOtherCurrentAssets592.00K-2.55M-448.00K-165.00K
ChangeInPayablesAndAccruedExpense-2.80M13.68M7.14M361.00K
ChangeInPayable-2.80M13.68M7.14M361.00K
ChangeInAccountPayable-2.80M13.68M7.14M361.00K
ChangeInPrepaidAssets2.11M-2.56M100.00K-2.35M
ChangeInInventory6.76M-3.17M-4.75M-8.57M
ChangeInReceivables4.19M-16.73M1.25M-4.11M
ChangesInAccountReceivables4.19M-16.73M1.25M-4.11M
OtherNonCashItems-42.64M33.15M-116.14M38.02M
StockBasedCompensation43.03M54.03M63.29M41.40M
UnrealizedGainLossOnInvestmentSecurities-3.90M0.00
ProvisionandWriteOffofAssets7.69M0.00
AssetImpairmentCharge2.01M0.00
DeferredTax-599.00K-784.00K-23.29M0.00
DeferredIncomeTax-599.00K-784.00K-23.29M0.00
DepreciationAmortizationDepletion21.89M20.98M7.84M755.00K
DepreciationAndAmortization21.89M20.98M7.84M755.00K
AmortizationCashFlow18.93M18.82M6.86M345.00K
AmortizationOfIntangibles18.93M18.82M6.86M345.00K
Depreciation2.97M2.16M980.00K410.00K
OperatingGainsLosses148.00K-51.76M45.62M
GainLossOnInvestmentSecurities-51.76M45.62M
GainLossOnSaleOfPPE148.00K0.00
NetIncomeFromContinuingOperations-84.60M-145.95M72.89M-152.69M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NVTS
Date User Asset Broker Type Position Size Entry Price Patterns