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Navitas Semiconductor Launches New $125 Million ATM Program

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Navitas Semiconductor Launches New $125 Million ATM Program

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Navitas Semiconductor ( (NVTS) ) just unveiled an announcement.

On May 11, 2026, Navitas Semiconductor Corporation entered into a new sales agreement with Craig-Hallum Capital Group and UBS Securities to establish an at-the-market equity offering program for up to $125 million of its Class A common stock. The shares may be sold from time to time on Nasdaq or other markets, with the sales agents earning up to 3% of gross proceeds, and Navitas retaining the flexibility to suspend or refrain from sales, underscoring a capital-raising strategy that preserves operational discretion.

Any sales under the program will rely on a shelf registration statement that became effective on May 11, 2026, reinforcing the company’s access to public markets for ongoing funding. On May 8, 2026, Navitas also formally terminated its prior open market sale agreement with Jefferies, clarifying that the legacy arrangement is no longer in effect and consolidating its at-the-market activities under the newly appointed sales agents.

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 whose primary securities, including its Class A common stock, are listed on the Nasdaq Capital Market. The company operates within the semiconductor and power electronics sector, accessing public equity markets to support its capital needs and strategic initiatives.

Average Trading Volume: 25,972,614

Technical Sentiment Signal: Buy

Current Market Cap: $4.25B

Learn more about NVTS stock on TipRanks’ Stock Analysis page.

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