Overview
Navitas Q3 2025 revenue beats analyst expectations despite declining yr/yr
Company reports GAAP loss from operations improves compared to Q3 2024
Navitas pivots to high-power markets, collaborating with NVIDIA on AI data centers
Outlook
Navitas expects Q4 2025 net revenues of $7.0 mln, plus or minus $0.25 mln
Company anticipates Q4 2025 non-GAAP gross margin of 38.5%
Navitas forecasts Q4 2025 non-GAAP operating expenses at $15.0 mln
Result Drivers
STRATEGIC PIVOT - Navitas is shifting focus from consumer to high-power markets like AI data centers and energy infrastructure
NVIDIA COLLABORATION - Partnership with NVIDIA for AI factory computing highlights Navitas' GaN and SiC leadership
PRODUCT PORTFOLIO - New GaNFast FETs and SiC modules support growth in high-power AI markets
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $10.11 mln | $10 mln (8 Analysts) |
Q3 Net Income | -$19.23 mln | ||
Q3 Income from Operations | -$19.41 mln | ||
Q3 Operating Expenses | $23.24 mln | ||
Q3 Pretax Profit | -$18.93 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for Navitas Semiconductor Corp is $7.50, about 79.5% below its October 31 closing price of $13.46
Press Release: ID:nGNX1LrhkP
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)