Navitas Semiconductor: End Market Demand Continues To Be Strong [Seeking Alpha]
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: Seeking Alpha
Recent results show strong performance, beating consensus estimates and indicating continued growth momentum. NVTS is gaining recognition and deals with major EV players, solar OEMs, and home appliance OEMs, setting up for future revenue growth. Overview My recommendation for Navitas Semiconductor ( NASDAQ: NVTS ) is still a buy rating, as I expect NVTS to easily meet FY24 guidance with potential for acceleration in FY25 as adoption ramps up in late 2024. Demand from end-markets showed little signs of a major slowdown, which supports my bullish view on the business continuing to disrupt the industry. Note that I previously gave a buy rating because I was very positive about NVTS's ability to disrupt the power industry, and its massive portfolio of patents gives it a strong moat in terms of technology. The stock rallied up to $10 after my post, and now that the price has come down, I believe it offers another attractive opportunity for investors. Recent results and updates N
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NVTS
News
- Navitas Is A Tremendous Bargain With Great Growth Potential [Seeking Alpha]Seeking Alpha
- Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit Keynote [Yahoo! Finance]Yahoo! Finance
- Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit KeynoteGlobeNewswire
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024 [Yahoo! Finance]Yahoo! Finance
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024GlobeNewswire
NVTS
Earnings
- 2/29/24 - Beat
NVTS
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/3/24 - Form 144
- NVTS's page on the SEC website