Latest update
$22.21
Updated: Jun 12, 2026, 9:58 AM UTC
Browsing public data
Navitas Semiconductor designs and markets Gallium Nitride (GaN) and Silicon Carbide (SiC) power semiconductors for diverse markets including automotive, data centers, mobile, and consumer electronics. The company is experiencing growth in sales and free cash flow on a sequential basis, though year-over-year revenue is down significantly. Profitability remains weak with negative operating margins and earnings, while the company maintains a strong balance sheet and robust debt service capacity. Shareholder dilution is a concern as Navitas issues shares.
Revenue
The total dollars the company billed customers. When this number grows quarter after quarter, the business is finding more demand.
Latest
↑$8.6M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↑+17.8%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
↓-38.7%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Net income
What's left from revenue after paying every cost — employees, materials, taxes, interest. Sometimes called profit or 'the bottom line.'
Latest
↓-$33.8M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
•—
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Free cash flow
The cash actually left in the bank after the company has paid for everything and reinvested in itself. Harder to fake than net income.
Latest
↓-$16.8M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
•—
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
| Metric | 3 yr | 2 yr | 1 yr |
|---|---|---|---|
| Revenue | — | — | -38.7% $14M→$8.6M |
| Net income | — | — | — |
| Free cash flow | — | — | — |
P/E TTM
•—
Trailing twelve months. Today's price divided by the last year of actual earnings.
P/E NTM
•-160.3×
Next twelve months. Today's price divided by what analysts expect the company to earn over the coming year.
Profitability
↓Weak
Operating margin (and the wider return profile) tells you how efficiently each dollar of sales becomes profit. High and rising = pricing power; low or falling = the business is grinding.
Share count
↓Diluting
Are the buybacks outrunning the stock-based comp? A shrinking share count means every existing share owns a bigger slice of future earnings.
Debt load
↑Light
Total debt against cash and earnings power (EBITDA). Light debt leaves room to invest and weather downturns; heavy debt shrinks the margin for error.
Debt service
↑Strong
Whether the cash the business generates easily covers its interest and loan payments. Strong here = no forced selling in a bad year.
Cash return at today's price
↓0.8%
Free cash flow divided by market cap — the cash yield you're getting for the price you pay. Above ~6% is rich, below ~3% is thin. P/E shown when the yield is too small to be useful.
The stock has undergone a significant correction since the last SELL call, bringing it closer to more sustainable levels relative to its weekly average. However, it is still trading below the daily average, and volume is contracting, indicating a lack of immediate buying interest. While the long-term thematic remains compelling, the absence of clear short-term catalysts or a decisive price rebound suggests waiting for better technical confirmation or clearer evidence of a bottom before re-engaging.
Short-term thesis
Navitas Semiconductor presents a long-term investment opportunity driven by the accelerating demand for energy-efficient power solutions in AI, EVs, and consumer electronics due to its leading GaN and SiC technologies. While current profitability and shareholder dilution are significant concerns, the company's strong balance sheet and sequential revenue growth suggest it can weather its operational ramp-up. The recent correction offers a better entry point for patient investors, but further evidence of margin improvement and reduced dilution is needed to increase confidence. The thesis is that escalating power demands create a bottleneck that Navitas's technology is uniquely positioned to solve, eventually leading to strong revenue growth and profitability.
Long-term exposure
Maybe own
There is a case here, but one sleeve still needs work.
Entry window
Wait
After a substantial decline, the stock is showing signs of stabilizing above the weekly average, but remains below the daily average. While the immediate sharp markdown has eased, significant short-term bullish momentum is absent. It's prudent to observe for clearer signs of accumulation before considering a long position.
Risk check
Fragile
The downside can widen quickly if this setup goes wrong.
Alignment
Mixed
The company's technology is directly aligned with the mega-trends of power efficiency and sustainability. However, the continued share dilution indicates that existing shareholders are bearing the cost of growth and R&D, which misaligns with long-term shareholder value creation.
What supports it
What limits it
Long-term thesis
The transition to highly efficient GaN and SiC power semiconductors in high-demand applications like AI data centers, electric vehicles, and fast charging.
Bottleneck Role
Navitas acts as a critical component supplier addressing the bottleneck of inefficient power conversion and the need for higher power density in next-generation electronic systems. Traditional silicon-based power solutions are reaching their performance limits, creating a scarcity for more advanced materials like GaN and SiC.
Consensus Blind Spot
The market may be underestimating the pace of adoption and the total addressable market expansion for GaN/SiC, particularly in nascent areas like automotive and high-power AI infrastructure. While current financials are weak, they don't fully reflect the future demand curve for these essential components.
Demand Gap
There is a growing gap between the increasing power demands of new technologies (e.g., AI servers, faster EV charging) and the limitations of traditional silicon-based power solutions. This creates a significant demand for high-performance, compact, and energy-efficient power semiconductors.
Demand to Equity Scenarios
Slower-than-expected adoption of GaN/SiC, intense competition, or a broader economic downturn impacting EV and data center investments.
Demand
-15%
Earnings
-50%
Equity implication
-40%
Reduced order volumes, pricing pressure, and continued operational losses.
Steady growth in GaN/SiC adoption, market share gains in key segments, and gradual improvement in operating leverage.
Demand
+20%
Earnings
+25%
Equity implication
+30%
Consistent revenue growth, improving gross margins, but slower path to net profitability.
Rapid acceleration of AI data center build-outs, faster EV penetration, and significant design wins leading to economies of scale and strong pricing power.
Demand
+40%
Earnings
+75%
Equity implication
+60%
Outsized revenue growth, rapid scaling to profitability, and significant market share expansion.
Dependency Chain
Repricing Triggers
Must be true
Thesis broken if
What changed
Signal
Conviction
Long term
Stock
Added since last run
6No longer flagged
0Nothing dropped this run
The prior SELL call at $30.67 correctly anticipated a significant markdown, as the stock has since declined by 27.6%. The reasoning that the upward move was losing steam and showing signs of exhaustion near the top of its range proved accurate, validating the defensive stance.
Jun 12, 2026
LatestUpdated Jun 12, 2026, 9:58 AM UTC
Price at review
$22.21
After a substantial decline, the stock is showing signs of stabilizing above the weekly average, but remains below the daily average. While the immediate sharp markdown has eased, significant short-term bullish momentum is absent. It's prudent to observe for clearer signs of accumulation before considering a long position.
Jun 5, 2026
Updated Jun 5, 2026, 9:37 AM UTC
Price at review
$30.67
The upward move is losing steam and showing signs of exhaustion as it nears the top of its range.
May 29, 2026
Updated May 29, 2026, 8:53 AM UTC
Price at review
$28.51
The short-term trend is still moving up, but the current price is dangerously far from healthy support levels. Expect a sharp cooling-off period soon.
May 13, 2026
Updated May 13, 2026, 5:40 PM UTC
Price at review
$21.50
The current pace of gains is statistically unsustainable. Selling into this extreme strength is a risk-management necessity despite the upward trend.
Jan 21, 1970
Updated Apr 27, 2026, 9:12 AM UTC
Price at review
$17.28
NVTS has ripped 40% in five days and 91% in twenty days, far extended from both daily and weekly 21 EMAs with volume surging 182%. The sharp -6.65% intraday reversal from near 52-week highs on elevated volume suggests distribution may be beginning as early holders take profits into euphoric retail buying.