NVTS
Navitas SemiconductorCNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
The Q1 release gave bulls tangible evidence that the pivot is not just narrative: revenue returned to sequential growth, non-GAAP gross margin improved, high-power revenue was described as a large majority of mix, and Q2 guidance called for another sequential increase [#8-K-2026-05-05]. Upward post-print target changes from Baird, Needham, Rosenblatt, and Morgan Stanley support the idea that the Street is acknowledging better near-term execution.
Posture
Mixed
Lead driver
Momentum
What changed
1 setup hits (3d) with net bullish as of 2026-06-03.
What can break
Cash burn remains meaningful: net cash used in operating activities was $16.4M in Q1 2026, although cash and equivalents were still $221.0M at quarter-end [#10-Q-2026-05-05].
Momentum
97
Value
35
Sentiment
24
Setup hits (3d)
1 · Net Bullish
AI TargetsBase $13.50 · Bull $19.50 · Bear $8.50
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $8.15
Why
Momentum97 · Δ7d -0.2
Value35 · Δ7d +0.0
Sentiment24 · Δ7d +0.5
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
97
34% active weight
Current posture
7d trendImproving
Δ7d
-0.2
Δ21d
+3.4
Value
35
32% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-0.1
Sentiment
24
33% active weight
Current posture
7d trendFlat
Δ7d
+0.5
Δ21d
+0.0
Why this grade
Composite grade C. Momentum 97.1 / Value 34.9 / Sentiment 23.7
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$6.04B
Beta
3.15
Shares Out
230.5M
P/E (TTM) · Derived
-46.1
P/S (TTM)
36.86
P/FCF (TTM) · Derived
-109.07
Rev YoY
-53.4%
EPS YoY
+10.8%
Gross Margin
+24.2%
Op Margin
-186.2%
Net Debt
-$86.74M
Current Ratio
7.94
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology