Navitas Semiconductor Corp
General ticker "NVTS" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $604.3M
Navitas Semiconductor Corp does not follow the US Stock Market performance with the rate: -22.3%.
Estimated limits based on current volatility of 9.7%: low 2.72$, high 3.31$
Factors to consider:
- Current price 30.7% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [4.57$, 10.03$]
- 2024-12-30 to 2025-12-30 estimated range: [4.93$, 10.57$]
Financial Metrics affecting the NVTS estimates:
- Negative: Non-GAAP EPS, $ of -0.20 <= 0.10
- Negative: Operating profit margin, % of -59.79 <= 1.03
- Negative: Operating cash flow per share per price, % of -3.02 <= 2.35
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 2.65 <= 3.85
Short-term NVTS quotes
Long-term NVTS plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $23.74MM | $37.94MM | $79.46MM |
| Operating Expenses | $92.24MM | $158.94MM | $197.59MM |
| Operating Income | $-68.51MM | $-120.99MM | $-118.13MM |
| Non-Operating Income | $-84.13MM | $173.71MM | $-28.34MM |
| Interest Expense | $0.28MM | $1.39MM | $0.00MM |
| R&D Expense | $27.82MM | $53.53MM | $68.83MM |
| Income(Loss) | $-152.64MM | $52.72MM | $-146.47MM |
| Taxes | $0.05MM | $-21.19MM | $-1.03MM |
| Profit(Loss) | $-152.69MM | $73.91MM | $-145.43MM |
| Stockholders Equity | $65.54MM | $381.13MM | $380.62MM |
| Inventory | $11.98MM | $19.06MM | $23.17MM |
| Assets | $295.60MM | $425.26MM | $485.55MM |
| Operating Cash Flow | $-41.70MM | $-44.50MM | $-40.10MM |
| Capital expenditure | $2.07MM | $4.64MM | $4.78MM |
| Investing Cash Flow | $-3.47MM | $-107.61MM | $-5.78MM |
| Financing Cash Flow | $274.55MM | $-5.81MM | $88.38MM |
| Earnings Per Share* | $-1.30 | $0.55 | $-0.86 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.