Robert W. Baird Forecasts Strong Price Appreciation for Navitas Semiconductor (NASDAQ:NVTS) Stock

Market Beat
2026.05.04 12:23
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Robert W. Baird has raised its price target for Navitas Semiconductor (NASDAQ:NVTS) from $9.00 to $20.00, maintaining an "outperform" rating. This new target suggests a potential upside of 14.61% from the stock's previous close. Currently, the stock has an average rating of "Hold" with a consensus price target of $8.98. Navitas Semiconductor's stock opened at $17.45, with a market cap of $4.03 billion. Recent insider trading shows significant share sales by CFO Todd Glickman and CEO Chris Allexandre.