Navitas Semiconductor (NVTS) Unveils Advanced Power Chips, Stock Rises Over 2%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: stocktwits
- Technological Innovation: Navitas focuses on gallium nitride (GaN) and silicon carbide (SiC) technologies, developing advanced power chips that make electronic systems faster, smaller, and more energy-efficient, thereby enhancing its competitive edge in meeting the growing demand for AI data centers.
- Stock Performance: Following President Trump's announcement of collaboration with major tech companies to mitigate consumer utility costs, Navitas stock rose over 2% in Tuesday's premarket, reflecting investor confidence in its pivotal role in AI data centers.
- Investor Engagement: Navitas is set to participate in the 28th Annual Needham Growth Conference on January 14, aiming to expand engagement with the investment community and showcase its technology roadmap, indicating a strong focus on high-power markets, particularly data centers and high-performance computing.
- Market Sentiment: According to Stocktwits, Navitas has become the top trending equity, with retail investor sentiment remaining in the 'extremely bullish' territory, indicating strong confidence in its future growth potential.
Analyst Views on NVTS
Wall Street analysts forecast NVTS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVTS is 8.80 USD with a low forecast of 4.20 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 10.070
Low
4.20
Averages
8.80
High
13.00
Current: 10.070
Low
4.20
Averages
8.80
High
13.00
About NVTS
Navitas Semiconductor Corporation is a power-semiconductor company. The Company is engaged in designing, developing and marketing power semiconductors, including gallium nitride (GaN) power integrated circuits (ICs), silicon carbide (SiC) power devices, associated silicon system controllers and digital isolators used in power conversion and charging. Power supplies incorporating its products are used in a variety of electronics products, including fast chargers for mobile phones and laptops, consumer electronics, data centers, solar inverters and electric vehicles, among numerous other applications. Its GaNFast power ICs integrate GaN power and drive, with control, sensing, and protection to enable faster charging, higher power density and energy savings. Its GeneSiC power devices are optimized with reliable SiC solutions. It also offers a range of SiC MOSFETs and diodes, which have lower resistance at higher temperatures, 25°C cooler and have three times longer device life expectancy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
