Navitas Semiconductor Corp (NVTS)

[PRmaniac]

Upgraded Navitas Revenue Forecasts By 12%
Upgraded Their Navitas Semiconductor Corporation (NASDAQ:NVTS) Revenue Forecasts By 12%
Simply Wall St
Thu, May 14, 2026 at 8:03 AM CDT
Navitas Semiconductor Corporation (NASDAQ:NVTS) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Navitas Semiconductor has also found favour with investors, with the stock up an impressive 27% to US$21.17 over the past week. It will be interesting to see if today's upgrade is enough to propel the stock even higher.

After this upgrade, Navitas Semiconductor's eight analysts are now forecasting revenues of US$42m in 2026. This would be a credible 4.8% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$38m of revenue in 2026. It looks like there's been a clear increase in optimism around Navitas Semiconductor, given the solid increase in revenue forecasts.