Navitas Semiconductor (NASDAQ:NVTS) Stock Price Up 20% – Still a Buy?

Posted by Brian Himes on May 22nd, 2026

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report) shot up 20% during mid-day trading on Friday . The stock traded as high as $29.50 and last traded at $29.25. 50,757,037 shares traded hands during mid-day trading, an increase of 82% from the average session volume of 27,863,082 shares. The stock had previously closed at $24.38.

Wall Street Analyst Weigh In

NVTS has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Navitas Semiconductor in a research note on Tuesday, April 21st. Needham & Company LLC lifted their target price on Navitas Semiconductor from $13.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Morgan Stanley reiterated an “underweight” rating and set a $13.70 target price on shares of Navitas Semiconductor in a report on Wednesday, May 6th. Robert W. Baird increased their price target on Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Finally, Rosenblatt Securities raised their price target on Navitas Semiconductor from $7.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $12.87.

Read Our Latest Report on Navitas Semiconductor

Navitas Semiconductor Stock Up 20.0%

The stock has a market cap of $6.84 billion, a P/E ratio of -46.43 and a beta of 3.62. The firm has a 50 day simple moving average of $13.53 and a 200-day simple moving average of $10.46.

Navitas Semiconductor (NASDAQ:NVTS – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. The company had revenue of $8.60 million during the quarter, compared to the consensus estimate of $8.22 million. Navitas Semiconductor had a negative return on equity of 14.30% and a negative net margin of 330.67%.The firm’s revenue for the quarter was down 38.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.06) EPS. On average, equities analysts anticipate that Navitas Semiconductor Corporation will post -0.39 earnings per share for the current year.

Insider Activity

In other news, CEO Chris Allexandre sold 9,236 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $8.93, for a total value of $82,477.48. Following the transaction, the chief executive officer directly owned 813,323 shares of the company’s stock, valued at $7,262,974.39. This represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ranbir Singh sold 389,096 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $9.52, for a total transaction of $3,704,193.92. The SEC filing for this sale provides additional information. Insiders have sold 509,016 shares of company stock valued at $4,967,814 over the last ninety days. 12.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Navitas Semiconductor

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Navitas Semiconductor by 10.0% in the 4th quarter. Vanguard Group Inc. now owns 14,691,351 shares of the company’s stock valued at $104,896,000 after purchasing an additional 1,330,703 shares during the period. State Street Corp increased its position in Navitas Semiconductor by 18.0% during the 4th quarter. State Street Corp now owns 8,597,950 shares of the company’s stock worth $61,389,000 after buying an additional 1,308,626 shares during the period. Invesco Ltd. lifted its holdings in shares of Navitas Semiconductor by 257.8% during the fourth quarter. Invesco Ltd. now owns 4,737,624 shares of the company’s stock worth $33,827,000 after buying an additional 3,413,394 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Navitas Semiconductor by 12.8% in the fourth quarter. Geode Capital Management LLC now owns 4,417,408 shares of the company’s stock valued at $31,546,000 after acquiring an additional 501,110 shares during the period. Finally, UBS Group AG boosted its position in shares of Navitas Semiconductor by 131.0% in the fourth quarter. UBS Group AG now owns 3,307,036 shares of the company’s stock valued at $23,612,000 after acquiring an additional 1,875,228 shares during the period. Institutional investors own 46.14% of the company’s stock.

About Navitas Semiconductor

(Get Free Report)

Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.

Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.