How to Buy Navitas Semiconductor Stock
Navitas Semiconductor Corp
Navitas Semiconductor Corporation designs, develops, and sells gallium nitride (GaN) power integrated circuits in China, the United States, Taiwan, Korea, and internationally.
Navitas Semiconductor stock last closed at $2.44, up 2.09% from the previous day, and has decreased 63.74% in one year. It has underperformed other stocks in the Semiconductors industry by 0.94 percentage points. Navitas Semiconductor stock is currently +14.02% from its 52-week low of $2.14, and -71.09% from its 52-week high of $8.44.
At the moment, there are 183.46M NVTS shares outstanding. The market cap of NVTS is $447.64M. In the last 24 hours, 1.6M NVTS shares were traded.
How to Buy Navitas Semiconductor Stock
Not sure how to invest in Navitas Semiconductor stock? Here's how.
- Decide where to buy Navitas Semiconductor stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Navitas Semiconductor stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Evaluate Navitas Semiconductor stock: The Navitas Semiconductor ticker symbol is NVTS. Is Navitas Semiconductor stock a good investment? Should you buy shares of NVTS? How do NVTS's underlying business fundamentals look? Do top analysts think Navitas Semiconductor is a good buy? Why has NVTS's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if NVTS is a good stock to buy).
- Make your NVTS buy order: Decide if you will purchase NVTS shares at the current market price or use a limit order to buy NVTS shares at a particular price.
- Monitor your NVTS investment: Create a watchlist to get the latest news on your investment in Navitas Semiconductor stock.
Step 1: Decide where to buy Navitas Semiconductor stock
You will need an online brokerage account in order to access the NASDAQ market and buy NVTS stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in NVTS stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Navitas Semiconductor stock
Once you have decided on the best place to buy Navitas Semiconductor stock, it's absolutely critical to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Navitas Semiconductor Numbers
Fundamentals of Navitas Semiconductor
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on NVTS's stock page.
Is NVTS stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge NVTS's intrinsic value.
Using relative valuations measures:
- NVTS could be undervalued based on its P/B ratio of 1.15x, relative to Semiconductors industry P/B ratio of 9.57x
You can do more valuation research on NVTS's stock here.
NVTS Financial Health Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the NVTS balance sheet.
- NVTS has a low debt to equity ratio of 0.13.
- There are more short-term assets than short-term liabilities on the NVTS balance sheet.
- NVTS has cash burn of 66525000. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- NVTS has $112.00M in cash and short term investments. This is not sufficient to cover its annual cash burn of $66.53M.
- NVTS profit margin has gone up by 2.41 percentage points in the past year, but the company is still unprofitable.
Do analysts think it's a good time to buy Navitas Semiconductor stock
Out of 7 Wall Street analysts who research NVTS, the consensus analyst rating on NVTS is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest NVTS Analyst Recommendations
Blayne Curtis, a top 3% analyst from Jefferies downgrades NVTS to a hold rating and lowers their NVTS price target from $10.00 to $4.00, on May 13, 2024.
Tristan Gerra, a top 14% analyst from Baird maintains NVTS with a buy rating and lowers their NVTS price target from $12.00 to $7.00, on May 10, 2024.
You can dive deeper into what analysts are forecasting on the Navitas Semiconductor stock forecast page.
NVTS Momentum
NVTS Growth Numbers
Last year, NVTS revenue was $91.68M. Over the last 3 year, NVTS's revenue has grown by 156.67% per year. This was faster than the Semiconductors industry average of 35.34%.
Dig into NVTS's earnings and revenue performance here.
Are NVTS insiders buying or selling the stock?
Over the past year, executives and large shareholders at NVTS have sold more shares than they have bought.
Eugene Sheridan, President CEO of NVTS, was the latest NVTS insider to sell. They sold $587,764.17 worth of NVTS stock on Aug 30, 2024.
Get more info about who owns NVTS stock here.
Can I rely on NVTS as an income stream?
No, Navitas Semiconductor doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your NVTS buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your NVTS investment
Now that you own some shares in NVTS, you'll want to keep up with your shares.
Create a watchlist to get notified of the latest news about your NVTS stock.
NVTS Feed
How to Buy Stock in Navitas Semiconductor
To summarize, here are the 6 steps to buy stock in Navitas Semiconductor:
- Decide where to buy Navitas Semiconductor stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Navitas Semiconductor stock
- Make your NVTS buy order
- Monitor your NVTS investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Navitas Semiconductor, add NVTS to your watchlist below.
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