Reviewing Navitas Semiconductor (NASDAQ: NVTS) and Credo Technology Group (NASDAQ: CRDO)
Volatility & Risk
Credo Technology Group has a beta of 2.2, meaning its share price is 120% more volatile than the S&P 500. Navitas Semiconductor's beta is 2.44, indicating it is 144% more volatile.
Analyst Recommendations
Here's a recent summary of ratings and recommendations from MarketBeat:
| | Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score |
|————————|——————|——————|—————–|————————|——————|
| Credo Technology Group | 1 | 1 | 6 | 0 | 2.63 |
| Navitas Semiconductor | 0 | 4 | 4 | 0 | 2.50 |
Credo Technology Group has a consensus target price of $26.88, suggesting a potential downside of 7.99%. Navitas Semiconductor's target price is $7.41, indicating a potential upside of 75.69%. Analysts favor Navitas Semiconductor due to its higher likely upside.
Institutional & Insider Ownership
- Institutional investors hold 80.5% of Credo Technology Group shares and 46.1% of Navitas Semiconductor shares.
- Insiders own 23.9% of Credo Technology Group and 31.8% of Navitas Semiconductor. Strong institutional ownership suggests confidence in a stock's long-term performance.
Profitability
Comparison of net margins, return on equity, and return on assets:
| | Net Margins | Return on Equity | Return on Assets |
|————————|—————-|———————-|———————-|
| Credo Technology Group | -14.70% | -4.87% | -4.30% |
| Navitas Semiconductor | -97.75% | -21.22% | -17.32% |
Earnings and Valuation
Comparison of revenue, earnings per share, and valuation:
| | Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio |
|————————|——————|———————-|———————-|————————|————————–|
| Credo Technology Group | $192.97 million | 24.72 | -$28.37 million | ($0.18) | -162.28 |
| Navitas Semiconductor | $89.27 million | 8.66 | -$145.43 million | ($0.51) | -8.27 |
Credo Technology Group shows higher revenue and earnings and is trading at a lower price-to-earnings ratio than Navitas Semiconductor. This indicates that Credo Technology Group is more affordable.
Summary
Credo Technology Group surpasses Navitas Semiconductor in 10 out of 14 comparison factors.
About Credo Technology Group
Credo Technology Group provides high-speed connectivity solutions used in various markets including optical and electrical Ethernet applications. The company offers products like HiWire active electrical cables and digital signal processors, founded in 2008 and is headquartered in San Jose, California.
About Navitas Semiconductor
Navitas Semiconductor Corporation specializes in developing gallium nitride power integrated circuits and other related products used in power conversion and charging. Founded in 2013, the company operates globally and is based in Torrance, California.
