Professional
Added to YB: 2024-11-20
Pitch date: 2024-09-30
NVTS [bullish]
Navitas Semiconductor Corporation
+254.96%
current return
Author Info
No bio for this author
Company Info
Navitas Semiconductor Corporation designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.
Market Cap
$1.8B
Pitch Price
$2.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
-22.71
P/E
-12.17
EV/Sales
29.04
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Meridian Contrarian Fund Portfolio Holding: Navitas Semiconductor Corporation
NVTS: GaN tech leader w/ superior efficiency vs silicon. Increased position despite cyclical downturn in mobile, EV, solar markets. Strong balance sheet ($100M+ net cash). Well-positioned for long-term growth in energy-efficient semiconductors. Initial investment early 2023, added on weakness.
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