Navitas Semiconductor (NASDAQ:NVTS) Announces Earnings Results

Navitas Semiconductor (NASDAQ:NVTS) issued its earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01, FiscalAI reports. Navitas Semiconductor had a negative return on equity of 14.52% and a negative net margin of 254.71%.The business had revenue of $8.60 million during the quarter, compared to analyst estimates of $8.22 million.

Here are the key takeaways from Navitas Semiconductor’s conference call:

• Management reported Q1 revenue of $8.6 million, up 18% sequentially with the high?power business now the majority of revenue and management saying high?power growth was roughly mid?30% year?over?year, driving a 39.0% gross margin (+30 bps).
• Guidance for Q2 calls for continued sequential growth to $10.0M ± $0.5M, non?GAAP gross margin ~39.25% and flat operating expense, and management expects gradual margin expansion throughout 2026.
• Navitas says it has effectively completed its pivot to “Navitas 2.0,” concentrating on four high?value markets (AI data center, energy/grid, performance computing, industrial electrification) and expects mobile revenue to be insignificant by year?end.
• Technology progress and customer engagement accelerated: sampling of 100V/650V GaN and new Gen?5 1.2kV GeneSiC devices, release of 800V DC/DC reference platforms (e.g., 20kW 800V?6V) and a manufacturing partnership with GlobalFoundries for an 8?inch GaN pivot in 2027.
• Balance sheet remains healthy with $221M cash and no debt, but the company is still operating at a non?GAAP operating loss (~$11.7M in Q1); management says break?even is a priority and may be slightly ahead of prior expectations but gave no firm timeline.

Navitas Semiconductor Stock Performance

Shares of NVTS traded up $1.63 during mid-day trading on Tuesday, reaching $17.55. The stock had a trading volume of 39,988,365 shares, compared to its average volume of 26,108,063. The business has a fifty day moving average of $10.59 and a 200 day moving average of $9.92. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of -30.79 and a beta of 3.62. Navitas Semiconductor has a 12 month low of $1.80 and a 12 month high of $19.79.

Insider Activity

In related news, CFO Todd Glickman sold 98,152 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $10.78, for a total value of $1,058,078.56. Following the completion of the transaction, the chief financial officer owned 735,231 shares of the company’s stock, valued at approximately $7,925,790.18. This represents a 11.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ranbir Singh sold 389,096 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $9.52, for a total value of $3,704,193.92. The disclosure for this sale is available in the SEC filing. Insiders have sold 509,016 shares of company stock worth $4,967,814 in the last three months. Company insiders own 29.90% of the company’s stock.

Hedge Funds Weigh In On Navitas Semiconductor

Hedge funds have recently modified their holdings of the stock. Allworth Financial LP boosted its position in shares of Navitas Semiconductor by 309.4% during the 3rd quarter. Allworth Financial LP now owns 3,570 shares of the company’s stock valued at $26,000 after acquiring an additional 2,698 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Navitas Semiconductor by 189.8% during the 2nd quarter. NewEdge Advisors LLC now owns 4,492 shares of the company’s stock valued at $29,000 after acquiring an additional 2,942 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in shares of Navitas Semiconductor during the 3rd quarter valued at approximately $63,000. Oxford Asset Management LLP bought a new position in shares of Navitas Semiconductor during the 2nd quarter valued at approximately $75,000. Finally, Cerity Partners LLC bought a new position in shares of Navitas Semiconductor during the 2nd quarter valued at approximately $76,000. Hedge funds and other institutional investors own 46.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NVTS shares. Robert W. Baird upped their price target on shares of Navitas Semiconductor from $9.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday. Rosenblatt Securities reaffirmed a “neutral” rating and set a $7.00 price target on shares of Navitas Semiconductor in a research report on Thursday, March 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Navitas Semiconductor in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $8.98.

Key Navitas Semiconductor News

Here are the key news stories impacting Navitas Semiconductor this week:

• Positive Sentiment: Q1 results beat analyst estimates on both revenue and EPS — Navitas reported $8.60M in revenue and ($0.04) EPS, topping consensus revenue of $8.22M and EPS of ($0.05). This is the primary catalyst for the stock strength. Article Title
• Positive Sentiment: Management raised Q2 revenue guidance to $9.5M–$10.5M versus consensus ~$8.9M, signaling better near-term demand than street expectations (EPS guidance wasn’t specified in the filing). Upward revenue guidance supports the bullish reaction. (Guidance noted in company filings and coverage.)
• Positive Sentiment: Robert W. Baird raised its price target and maintained an outperform stance, and firms issued positive forecasts this week — a broker upgrade that helps lift investor sentiment. Article Title
• Positive Sentiment: Corporate governance update: Navitas added Davin Lee to the board, emphasizing semiconductor and power management experience as the company pivots toward higher-power markets — a strategic move investors view as constructive. Article Title
• Neutral Sentiment: Company filed full Q1 release and held a conference call — useful for details on product demand, mix (GaN vs SiC), and margin outlook; investors can review the transcript and press release for color. Article Title Press Release
• Negative Sentiment: Company remains unprofitable with a negative net margin and negative ROE; investors should weigh beat/guidance against continued losses and cash dynamics disclosed in the report. Article Title
• Negative Sentiment: Pre-earnings commentary flagged a steep revenue decline risk tied to Navitas’ exit from the mobile market and mixed demand dynamics for AI-driven GaN/SiC — a reminder the revenue recovery may be uneven. Article Title

About Navitas Semiconductor

Navitas Semiconductor is a fabless semiconductor company specialized in gallium nitride (GaN) power integrated circuits. The company’s core mission centers on delivering high-efficiency, high-power-density power solutions that address the needs of modern electronic devices, ranging from fast chargers for consumer electronics to industrial and automotive power systems.

Navitas offers a portfolio of GaNFast power ICs designed to replace traditional silicon-based power components. These products integrate GaN transistors, drivers and protection features into single-chip solutions, enabling faster charging, reduced energy loss and smaller power supply footprints.