Driven by a marked upward revision in forecast revenue growth (from 19.2% to 26.9% per annum) and an associated increase in expected future earnings multiples, the consensus analyst price target for Navitas Semiconductor has risen significantly from $3.00 to $5.22.
What's in the News
- Navitas stockholders ratified the appointment of KPMG as independent auditor for 2025.
- Navitas partnered with BrightLoop to supply Gen 3 'Fast' SiC MOSFETs for hydrogen fuel-cell chargers targeting heavy-duty agricultural transport, delivering higher efficiency and power density.
- Completed a $50 million follow-on equity offering of Class A common stock via an at-the-market process.
- Announced collaboration with NVIDIA on an 800V HVDC architecture for AI data centers, leveraging GaNFast and GeneSiC power technologies to enhance efficiency and reduce infrastructure complexity.
- Unveiled a 12 kW PSU reference design for AI data centers, meeting Open Rack v3 standards with advanced SiC MOSFETs, IntelliWeave digital platform, and GaNSafe ICs for increased efficiency and reduced component count.
Valuation Changes
Summary of Valuation Changes for Navitas Semiconductor
- The Consensus Analyst Price Target has significantly risen from $3.00 to $5.22.
- The Future P/E for Navitas Semiconductor has significantly risen from 45.59x to 72.45x.
- The Consensus Revenue Growth forecasts for Navitas Semiconductor has significantly risen from 19.2% per annum to 26.9% per annum.
Disclaimer
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