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Navitas Semiconductor Names New CFO Amid Transformation Drive

Story Highlights
  • Navitas Semiconductor appointed experienced finance leader Tonya Stevens as CFO and Treasurer, effective March 30, 2026, to succeed outgoing CFO Todd Glickman and oversee financial strategy, investor relations and global finance operations during its Navitas 2.0 transformation.
  • Stevens, formerly chief accounting officer and interim CFO at Lattice Semiconductor, will receive a $425,000 base salary, bonus eligibility and sizable time‑based equity awards, aligning her incentives with shareholders as Navitas scales and targets profitability in high‑power GaN and SiC markets.
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Navitas Semiconductor Names New CFO Amid Transformation Drive

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Forget margin or options. Here's how the pros trade NVTS

Navitas Semiconductor ( (NVTS) ) has issued an update.

On March 11, 2026, Navitas Semiconductor announced that veteran finance executive Tonya Stevens will become Chief Financial Officer and Treasurer effective March 30, 2026, succeeding outgoing CFO Todd Glickman after a short transition period. Stevens will oversee financial strategy, investor relations and global finance operations as the company pursues its Navitas 2.0 transformation toward high‑power markets such as AI data centers and energy infrastructure.

Stevens joins from Lattice Semiconductor, where she served as chief accounting officer and interim CFO, and previously held senior roles at Intel, Acumed, American Veterans Security and PricewaterhouseCoopers. Her compensation package includes a $425,000 base salary, performance‑linked annual bonus eligibility and substantial time‑based equity awards designed to align her interests with shareholders as Navitas focuses on scaling operations, tightening financial discipline and driving a path to profitability in wide bandgap power semiconductors.

The most recent analyst rating on (NVTS) stock is a Hold with a $9.00 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 (large ongoing losses and persistent cash burn, plus a sharp FY-2025 revenue decline). Partially offsetting this are a strong low-debt balance sheet and moderately constructive earnings-call guidance for sequential growth and margin expansion, while technicals are neutral and valuation is pressured by the absence of profitability.

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

More about Navitas Semiconductor

Navitas Semiconductor, listed on Nasdaq as NVTS, is a next‑generation power semiconductor company focused on gallium nitride (GaN) power ICs and high‑voltage silicon carbide (SiC) devices. Its GaNFast and GeneSiC technologies target energy‑efficient power management across AI data centers, grid and energy infrastructure, performance computing and industrial electrification.

The company leverages wide bandgap materials to deliver faster power delivery, higher system density and improved efficiency, and holds more than 300 patents issued or pending. Navitas positions itself as a sustainability‑focused player and notes it is the first semiconductor company to achieve CarbonNeutral certification, underscoring its emphasis on efficient and environmentally conscious power solutions.

Average Trading Volume: 20,602,125

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2B

For a thorough assessment of NVTS stock, go to TipRanks’ Stock Analysis page.

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