Navitas Semiconductor: Setting Up For 2025

bombermoon In the 1Q24 earnings result, management's forward-looking commentary for the remainder of 2024 was worse than one quarter ago. The acceleration in demand from the data center segment is of course a result of the developments around AI. Financials EPS My 1-year and 3-year price targets are $4.70 and$8.30 respectively. This slower revenue growth in 2024 and uncertainty about how 2025 will look cause investors to sell off Navitas Semiconductor. The reason is that the company is not yet profitable a ...