Navitas Semiconductor (NASDAQ:NVTS) Shares Gap Down – Here’s What Happened

Posted by George Bondi on Jun 4th, 2026

Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $30.84, but opened at $28.73. Navitas Semiconductor shares last traded at $28.3060, with a volume of 8,389,946 shares traded.

Navitas Semiconductor News Summary

Here are the key news stories impacting Navitas Semiconductor this week:

Positive Sentiment: Navitas announced a collaboration with NVIDIA’s MGX ecosystem to accelerate 800VDC AI infrastructure, positioning its GaN and SiC power chips as part of next-generation AI data center power architectures. Article Title
Positive Sentiment: The company’s technology was showcased at NVIDIA’s partner event in Taipei, reinforcing investor confidence that Navitas could benefit from AI data center buildouts and new power-architecture designs. Article Title
Positive Sentiment: NVTS also saw unusually heavy call-option buying, suggesting traders are positioning for continued upside and possibly a short squeeze.
Neutral Sentiment: Recent commentary highlighted that Navitas hit an all-time high after the NVIDIA tie-up, but also noted the stock has already had a very large year-to-date run, which may make the valuation more demanding. Article Title
Negative Sentiment: Despite the rally, some analysts remain cautious, saying it is still too early to tell whether Navitas will become a major long-term beneficiary of the 800V AI power transition. Article Title

Wall Street Analysts Forecast Growth

NVTS has been the topic of a number of recent research reports. Rosenblatt Securities raised their price target on shares of Navitas Semiconductor from $7.00 to $13.00 and gave the stock a “neutral” 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 research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Navitas Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird lifted their target price on shares of Navitas Semiconductor from $9.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Finally, Weiss Ratings downgraded shares of Navitas Semiconductor from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. 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. Based on data from MarketBeat, Navitas Semiconductor presently has a consensus rating of “Hold” and an average target price of $12.87.

Get Our Latest Research Report on NVTS

Navitas Semiconductor Trading Down 1.5%

The stock has a market cap of $7.10 billion, a price-to-earnings ratio of -48.38 and a beta of 3.75. The stock’s 50-day moving average price is $16.90 and its 200-day moving average price is $11.67.

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

Insider Buying and Selling

In other news, Director Ranbir Singh sold 664,058 shares of Navitas Semiconductor stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.72, for a total value of $19,071,745.76. Following the completion of the sale, the director owned 14,943,475 shares in the company, valued at $429,176,602. The trade was a 4.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard J. Hendrix sold 110,165 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.96, for a total transaction of $3,190,378.40. Following the sale, the director owned 101,709 shares of the company’s stock, valued at $2,945,492.64. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,087,630 shares of company stock worth $117,414,466 over the last ninety days. 12.40% of the stock is owned by company insiders.

Institutional Trading of Navitas Semiconductor

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. grew its stake in shares of Navitas Semiconductor by 104.8% in the 2nd quarter. American Century Companies Inc. now owns 241,450 shares of the company’s stock worth $1,581,000 after acquiring an additional 123,577 shares in the last quarter. Prudential Financial Inc. purchased a new stake in Navitas Semiconductor during the second quarter valued at about $120,000. New York State Common Retirement Fund lifted its holdings in Navitas Semiconductor by 102.7% during the second quarter. New York State Common Retirement Fund now owns 40,255 shares of the company’s stock valued at $264,000 after purchasing an additional 20,400 shares during the last quarter. Invesco Ltd. lifted its holdings in Navitas Semiconductor by 75.2% during the second quarter. Invesco Ltd. now owns 3,206,008 shares of the company’s stock valued at $20,999,000 after purchasing an additional 1,376,205 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in Navitas Semiconductor by 2,514.3% during the second quarter. Baird Financial Group Inc. now owns 419,237 shares of the company’s stock valued at $2,746,000 after purchasing an additional 403,201 shares during the last quarter. Institutional investors own 46.14% of the company’s stock.

Navitas Semiconductor Company Profile

(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.