Navitas Semiconductor Names New CEO to Drive Growth and Expansion

Navitas Semiconductor has appointed Chris Allexandre as its new President and CEO, replacing founder Gene Sheridan. Analysts forecast a modest upside for NVTS, with a price target range between $4.40 and $8.00. GuruFocus estimates suggest a potential downside of 46.94% from the current price of $6.20.

Navitas Semiconductor (Nasdaq: NVTS), a pure-play next-generation power semiconductor company, has appointed Chris Allexandre as its new President and CEO, effective September 1, 2025. Allexandre succeeds founder Gene Sheridan, who will step down after an 11-year tenure [1].

Allexandre brings over 25 years of semiconductor industry experience, most recently serving as Senior VP and GM of Renesas Electronics' $2.5 billion power management business. His expertise spans analog, power, mixed-signal, and digital products across cloud, industrial, mobile, consumer, telecom, and automotive markets. The appointment aims to accelerate Navitas' growth in AI data center and energy infrastructure markets through its GaN and SiC technologies [1].

Analysts have forecast a modest upside for NVTS, with a price target range between $4.40 and $8.00. GuruFocus estimates suggest a potential downside of 46.94% from the current price of $6.20 [2].

References:
[1] https://www.stocktitan.net/news/NVTS/navitas-semiconductor-names-chris-allexandre-as-president-and-chief-zc4owuxlb65c.html
[2] https://www.gurufocus.com/stock/NVTS