Navitas Semiconductor Corporation (NVTS) Stock Price & Analysis
Navitas Semiconductor Corporation (NVTS) closed at USD 8.49 on Thursday, October 22, 2026, down 7.31% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 9.16; the Oct 22, 2026 session ranged USD 8.35–8.85 on volume of 11,330,525 shares. Market capitalization is $2.23B, with a 52-week range of USD 6.85–34.17 (NGM). Source: Nexqual, retrieved October 23, 2026 at 09:58 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NVTS.md
Key facts (NVTS)
- Last four reported quarters (through Jun 30, 2026): revenue $36.5M, net income -$313M (-856.9% margin), free cash flow -$67.8M (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $116M; 4 not under a Rule 10b5-1 plan ($116M); 2 by opportunistic insiders (2 outside 10b5-1 plans), 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.75 on a 1–5 scale) (8 analysts), mean target USD 14.08 (range 8–21).
- Total return with dividends: 1Y -37.6% vs S&P 500 +14.9%; 5Y -30.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD -0.04, revenue estimate $13.5M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NVTS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $23.7M | $37.9M | $79.5M | $83.3M | $45.9M | $36.5M |
| Gross profit | $10.7M | $11.9M | $31.1M | $28.3M | $14.2M | — |
| Operating income | -$68.5M | -$124M | -$118M | -$131M | -$108M | -$116M |
| Net income | -$153M | $73.9M | -$145M | -$84.6M | -$117M | -$313M |
| EPS (diluted) | -$3.90 | $0.51 | -$0.86 | -$0.46 | -$0.57 | — |
| Free cash flow | -$43.8M | -$49.1M | -$46.2M | -$65.6M | -$44.4M | -$67.8M |
| Gross margin | 45.0% | 31.5% | 39.1% | 34.0% | 31.0% | — |
| Operating margin | -288.6% | -325.8% | -148.7% | -156.9% | -234.7% | -316.9% |
| Net margin | -643.3% | 194.8% | -183.0% | -101.6% | -254.7% | -856.9% |
| Revenue growth | +100.3% | +59.9% | +109.4% | +4.8% | -44.9% | — |
| Cash + short-term investments | $268M | $110M | $152M | $86.7M | $237M | — |
| Total debt | $6.9M | $0K | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NVTS)
P/S 61.0x · P/B 2.8x · FCF yield -3.04% · Earnings yield -14.04%
Insider sales (SEC Form 4, open-market, last ~7 months) (NVTS)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-27…2026-05-28 | Singh Ranbir | Director | 3,724,176 | $109M | 19.9% | No | Routine (sold in Mar each year 2023–2025; this trade is outside those months) |
| 2026-05-28 | Wunderlich Gary Kent Jr | Director | 108,165 | $3.0M | 4.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-27…2026-05-28 | Hendrix Richard J | Director | 143,814 | $4.2M | 5.4% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-27 | Allexandre Chris | PRESIDENT AND CEO | 13,323 | $424K | 1.2% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NVTS)
Consensus Hold (mean 2.75 on a 1–5 scale), 8 analysts; mean target USD 14.08 (low 8, high 21).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-29 | Rosenblatt | Maintained | Neutral | $13 |
| 2026-07-28 | Rosenblatt | Maintained | Neutral | $13 |
| 2026-07-28 | Needham | Reiterated | Buy | $21 |
Total return (dividends reinvested) (NVTS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -37.6% | -30.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -37.7% | -7.0% |
| Volatility (annualized) | 116.6% | 98.1% |
| Max drawdown | -73.8% (May 2026→Oct 2026) | -90.4% (Nov 2021→Nov 2024) |
NVTS suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | TSMC (TSM) | “For GaN products, our existing wafer fabrication partner is TSMC located in Taiwan.” |
| Partner | GlobalFoundries (GFS) | “Our US based GaN fabrication partner is GlobalFoundries.” |
| Partner | Powerchip Semiconductor Manufacturing | “with Powerchip Semiconductor Manufacturing Corporation and in November 2025, we announced a long-term strategic partnership with GlobalFoundries to develop and deliver advanced GaN solutions for critical applications in high power markets, including AI datacenters, energy and grid infrastructure, performance computing and industrial electrification.” |
| Competitor | Infineon | “Our primary SiC competitors include Infineon, Wolfspeed, Inc., ON Semiconductor Corporation, ROHM Co., Ltd., Qorvo, Inc., and STMicroelectronics International N.V.” |
| Competitor | onsemi (ON) | “Our primary SiC competitors include Infineon, Wolfspeed, Inc., ON Semiconductor Corporation, ROHM Co., Ltd., Qorvo, Inc., and STMicroelectronics International N.V.” |
| Competitor | Texas Instruments (TXN) | “Our primary GaN competitors include Infineon Technologies AG, Power Integrations, Inc., Texas Instruments Incorporated, Innoscience (Suzhou) Semiconductor Co., Ltd., Renesas Electronics Corp., and Efficient Power Conversion Corporation (EPC).” |
| Competitor | Qorvo (QRVO) | “Our primary SiC competitors include Infineon, Wolfspeed, Inc., ON Semiconductor Corporation, ROHM Co., Ltd., Qorvo, Inc., and STMicroelectronics International N.V.” |
| Competitor | STMicroelectronics (STM) | “Our primary silicon-based power semiconductor competitors include Infineon, STMicroelectronics, ON Semiconductor and” |
Quoted from the company's 10-K filed Feb 27, 2026.
NVTS customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 71% of revenue, per the company's 10-Q filed Jul 27, 2026. The company does not name it.
NVTS company outlook (results filed Jul 27, 2026)
- “Business Outlook • Third quarter 2026 net revenues are expected to increase to $13.5 million, plus or minus $0.5 million, which at the midpoint represents 28% sequential growth and would mark a return to year-over-year growth.”
- “Non-GAAP gross margin is expected to be 39.7%, plus or minus 100 basis points, which at midpoint represents a 20 basis point increase, and non-GAAP operating expenses are expected to be in a range between $15.5 and $17.5 million.”
Analysts expect $13.5M for the current quarter, in line with the midpoint of the company's guidance ($13.5M).
Quoted word-for-word from the SEC 8-K results press release.
NVTS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.04 | $-0.04 | -14.8% | $13.5M | 7 |
| Next quarter (ends Dec 2026) | $-0.03 | $-0.04 | -18.3% | $15.1M | 7 |
| Current fiscal year (ends Dec 2026) | $-0.15 | $-0.17 | -11.4% | $47.7M | 7 |
| Next fiscal year (ends Dec 2027) | $-0.13 | $-0.14 | -9.0% | $74.3M | 8 |
NVTS options: expected move
Options price a move of about ±18.4% (±$1.56) by Nov 6, 2026, which includes earnings on Nov 3, 2026; the earnings reaction alone is priced at about ±12.7%. Over the last 8 reports the stock moved ±11.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 82.6% | ±9.9% |
| Nov 6, 2026 | 14 | 112.8% | ±18.4% |
| Nov 13, 2026 | 21 | 104.5% | ±20.6% |
| Nov 20, 2026 | 28 | 102.2% | ±23.0% |
| Nov 27, 2026 | 35 | 97.1% | ±24.3% |
| Dec 4, 2026 | 42 | 94.0% | ±25.8% |
| Dec 18, 2026 | 56 | 87.7% | ±27.4% |
| Jan 15, 2027 | 84 | 87.0% | ±33.0% |
30-day implied volatility 96.1% vs 75.9% realized over the last 30 trading days. Put/call ratio (volume) 0.58. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:58 UTC)
| Price | USD 8.49 |
|---|---|
| Change | ▼ 7.31% (down) |
| Previous Close | USD 9.16 |
| Open | USD 8.65 |
| Day Range | USD 8.35 – 8.85 |
| 52-Week Range | USD 6.85 – 34.17 |
| Volume | 11,330,525 shares |
| Market Cap | $2.23B |
| Exchange | NGM |
Technical Analysis (NVTS)
Nexqual's technical model rates NVTS "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:58 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 32.84 (neutral) |
| vs SMA50 | Below (USD 11.47) |
| MACD | -0.87 (negative) |
Analyst Ratings (NVTS)
Wall Street analysts rate NVTS "Hold" based on 8 analysts, with a mean price target of USD 14.08 (range USD 8–21), per Nexqual as of October 23, 2026 at 09:58 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 14.08 |
| High Target | USD 21 |
| Low Target | USD 8 |
| Buy / Hold / Sell | 2 / 5 / 1 |
Earnings (NVTS)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD -0.04 |
| Revenue Estimate | $13.50M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.04 vs est -0.04 ▲ beat |
| 2026-03-31 | USD -0.04 vs est -0.05 ▲ beat |
| 2025-12-31 | USD -0.05 vs est -0.05 ▲ beat |
| 2025-09-30 | USD -0.05 vs est -0.05 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financials & Fundamentals (NVTS)
| Total Revenue | $36.53M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -27.30% |
| Gross Margin | +38.12% |
| Operating Margin | -254.97% |
| Profit Margin | +0.00% |
| ROE | -52.60% |
| Debt / Equity | 0.01 |
| Current Ratio | 21.79 |
| Total Cash | $557.41M |
| Total Debt | $5.14M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$67.85M (-185.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financial Health Score (NVTS)
Nexqual rates Navitas Semiconductor Corporation's overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:58 UTC.
| Growth | Critical — Revenue -45% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $557M cash vs $5M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$68M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -53%, ROA -9.0% |
Ownership (NVTS)
| Insider Ownership | +7.05% |
|---|---|
| Institutional Ownership | +56.46% |
| Shares Outstanding | 262.56M |
| Float | 242.87M |
| Short % of Float | +20.34% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Leadership (NVTS)
Navitas Semiconductor Corporation is led by Chris Allexandre, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:58 UTC.
| CEO, President & Director | Chris Allexandre |
|---|---|
| SVP, Chief Financial Officer & Treasurer | Tonya Stevens |
| Senior Vice President of Operations & Execution | Scott Martin |
| SVP & CTO | Siddarth Sundaresan |
| Vice President of People | Rachel Sabhlok |
Major Backers & Investors (NVTS)
Notable institutional backers of Navitas Semiconductor Corporation include Shaw D.E. & Co., Inc., Capricorn Investment Group LLC, Goldman Sachs, according to Nexqual as of October 23, 2026 at 09:58 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Shaw D.E. & Co., Inc. | 3.67% |
| Capricorn Investment Group LLC | 2.73% |
| Goldman Sachs | 2.57% |
| Jane Street Group, LLC | 2.48% |
| Connor Clark & Lunn Investment Management Ltd | 1.62% |
| Fidelity | 0.77% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 6.89% |
| BlackRock | 6.22% |
| State Street | 3.15% |
| Geode Capital | 1.93% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
From Navitas Semiconductor Corporation's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We have a strong legacy of innovation, with over 300 patents issued or pending, and we are proud to be the world's first semiconductor company to be CarbonNeutral™-certified.
- We possess a patent portfolio consisting of over 300 patents, issued or pending worldwide, that encompass fundamental aspects of both GaN and SiC technology.
- By adopting a fabless manufacturing model, we are able to scale faster with a lower fixed-cost burden than our vertically integrated peers.
- Comprehensive design support, proprietary process design kits, and dedicated application design centers (standalone or joint labs with partners) accelerate customer adoption and integration.
Partnerships
- Our collaboration with third-party suppliers is bidirectional, as Navitas brings extensive process and materials innovation to these partnerships.
- As a result, we consider our collaboration with United States based foundry partners, specifically GlobalFoundries for GaN and X-Fabs for SiC, to be a competitive advantage, as we believe that foreign semiconductor companies and companies that rely on foreign supply chains will be disadvantaged in these critical markets.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to risks and uncertainties associated with international operations, which may harm our business.
- We are subject to export restrictions and laws affecting trade and investments that could materially and adversely affect our business and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
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| DIOD | Diodes Incorporated | USD 81.64 | ▼ 8.1% |
| VSH | Vishay Intertechnology, Inc. | USD 27.03 | ▼ 9.54% |
| SYNA | Synaptics Incorporated | USD 117.04 | ▼ 0.39% |
| PI | Impinj, Inc. | USD 162.7 | ▼ 9.01% |
| CRUS | Cirrus Logic, Inc. | USD 110.49 | ▼ 0.14% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:58 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt