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Navitas Semiconductor Completes $122 Million ATM Equity Offering

Story Highlights
  • Navitas launched a $125 million at-the-market stock offering on May 11, 2026.
  • By May 12, 2026, Navitas had effectively completed the ATM program, raising about $122 million net.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Navitas Semiconductor Completes $122 Million ATM Equity Offering

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An announcement from Navitas Semiconductor ( (NVTS) ) is now available.

On May 11, 2026, Navitas Semiconductor entered into a Sales Agreement with Craig-Hallum Capital Group and UBS Securities to conduct an at-the-market offering of its Class A common stock. Under the related prospectus supplement filed the same day, the company was authorized to offer and sell up to $125 million of stock through the Sales Agents, acting as agents or principals.

As of May 12, 2026, Navitas had sold 6,529,666 shares, generating approximately $122 million in net proceeds after commissions and estimated offering expenses. Assuming all processed trades settle, the shares registered under the at-the-market program have been fully sold, effectively completing this capital-raising effort and bolstering the company’s financial resources.

The most recent analyst rating on (NVTS) stock is a Sell with a $13.70 price target. To see the full list of analyst forecasts on Navitas Semiconductor stock, see the NVTS Stock Forecast page.

Spark’s Take on NVTS Stock

According to Spark, TipRanks’ AI Analyst, NVTS is a Neutral.

The score is held back primarily by weak financial performance—declining TTM revenue, sharp margin compression, and continued operating and free-cash-flow losses—despite a strong, low-leverage balance sheet. Offsetting this, technicals are notably strong with price above all major moving averages and positive momentum indicators. The latest earnings call added support via sequential growth guidance and improving non-GAAP gross margin outlook, while valuation remains difficult to assess due to negative earnings and no dividend yield data.

To see Spark’s full report on NVTS stock, click here.

More about Navitas Semiconductor

Navitas Semiconductor Corporation is a Delaware-based technology company operating in the semiconductor industry. It issues Class A common stock and accesses capital markets to support its corporate and operational needs, reflecting an investor-focused approach to financing its activities and growth initiatives.

Average Trading Volume: 27,389,577

Technical Sentiment Signal: Buy

Current Market Cap: $4.5B

For detailed information about NVTS stock, go to TipRanks’ Stock Analysis page.

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