Navitas Semiconductor Corporation was incorporated in Delaware on August 12, 2020. Founded in 2014, the company is an industry leader in GaN power ICs. Navitas has a strong and growing team of power semiconductor industry experts with 300 years of experience in materials, equipment, applications, systems and marketing, combined with a proven track record of innovation by its founders with over 200 patents. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, electric vehicle and new energy markets.
NVTS is in a powerful, high-momentum uptrend confirmed by volume, but unanimous overbought signals from oscillators mandate extreme caution in the immediate term.
Valuation metrics are extreme and cannot be evaluated on traditional earnings-based models due to lack of profits. P/E ratios are negative and meaningless, P/B is high at 5.48, and P/S is extremely high at 66.35. The valuation is purely speculative based on technology potential rather than current financial performance.
