Navitas Semiconductor (NASDAQ:NVTS) Stock Price Down 14.6% – Here’s Why

Posted by Brian Himes on Jun 26th, 2026

Shares of Navitas Semiconductor Corporation (NASDAQ:NVTS – Get Free Report) traded down 14.6% during mid-day trading on Wednesday . The company traded as low as $17.42 and last traded at $18.2710. 33,517,262 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 28,896,826 shares. The stock had previously closed at $21.40.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen upgraded Navitas Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird boosted their price target on Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Morgan Stanley reaffirmed an “underweight” rating and set a $13.70 price target on shares of Navitas Semiconductor in a research report on Wednesday, May 6th. Needham & Company LLC raised their price objective on shares of Navitas Semiconductor from $13.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Rosenblatt Securities boosted their target price on shares of Navitas Semiconductor from $7.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Navitas Semiconductor has an average rating of “Hold” and a consensus price target of $14.74.

Check Out Our Latest Report on Navitas Semiconductor

Navitas Semiconductor Price Performance

The company has a market capitalization of $4.05 billion, a PE ratio of -27.52 and a beta of 3.75. The company has a 50-day moving average of $21.34 and a two-hundred day moving average of $13.31.

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

Insider Activity

In related news, Director Gary Kent Wunderlich, Jr. sold 73,000 shares of Navitas Semiconductor stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.11, for a total transaction of $2,052,030.00. Following the transaction, the director owned 13,964 shares in the company, valued at approximately $392,528.04. The trade was a 83.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ranbir Singh sold 3,060,118 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $29.29, for a total transaction of $89,630,856.22. Following the completion of the transaction, the director directly owned 15,607,533 shares of the company’s stock, valued at $457,144,641.57. This represents a 16.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 3,989,478 shares of company stock valued at $116,356,387. Company insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Navitas Semiconductor

Several large investors have recently made changes to their positions in NVTS. Bank of America Corp DE grew its position in shares of Navitas Semiconductor by 17.2% during the first quarter. Bank of America Corp DE now owns 826,674 shares of the company’s stock worth $7,250,000 after purchasing an additional 121,162 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in Navitas Semiconductor in the 1st quarter worth approximately $123,000. California State Teachers Retirement System boosted its stake in Navitas Semiconductor by 39.8% in the 1st quarter. California State Teachers Retirement System now owns 227,220 shares of the company’s stock worth $1,993,000 after purchasing an additional 64,643 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Navitas Semiconductor by 12.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 93,115 shares of the company’s stock valued at $817,000 after buying an additional 10,323 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in Navitas Semiconductor during the 1st quarter valued at approximately $160,000. 46.14% of the stock is currently owned by hedge funds and other institutional investors.

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.