NVTS Stock Forecast & Price Target

Navitas Semiconductor Corp is positioned for significant growth due to the strengthening demand in utility-scale renewables, grid-tie, and solid-state transformer applications, coupled with an anticipated Non-GAAP gross margin of approximately 38.5%, reflecting flat performance quarter-over-quarter but indicating potential for improvement. The company's strategic shift to focus on high-value markets such as AI data centers and industrial electrification is expected to drive substantial revenue growth opportunities, particularly as it moves away from its legacy mobile business. With a solid cash reserve of roughly $160 million and no debt, Navitas is well-equipped to navigate market transitions and capitalize on multi-decade electrification trends that are projected to yield higher margins and longer customer engagements.

Navitas Semiconductor reported a substantial year-over-year revenue decline of 53% in Q3F25, attributed largely to tariff impacts and pricing pressures associated with the China market, alongside a strategic shift away from low-margin sectors. The guidance for Q4F25 indicates a further negative outlook with projected revenue of $7.0 million, representing a 30.7% quarter-over-quarter decline and a 61.1% year-over-year decline, signaling challenges in transitioning away from the consumer and mobile end markets. As the company prioritizes investments in high-growth sectors, total revenue is expected to continue declining in 2026, compounded by potential competitive pressures that could impact market share and further revenue reductions.