NVTS

Navitas Semiconductor remains a Hold, as 2027 growth visibility has improved but valuations are still demanding and profits arrive only after 2029. Q3 delivered strong execution with 33% sequential revenue growth and high-power revenue up 50%, but Q4 guidance implies a growth slowdown. NVTS expects AI infrastructure revenue to triple in 2027, supported by silicon carbide adoption and 800V rack orders, but breakeven is not expected until 2029–2030.

Navitas reported third-quarter 2026 financial results yesterday after the market closed. Two analysts upgraded Navitas stock today.

NVTS beats Q3 earnings and revenue estimates as high-power demand surges, with AI infrastructure growth and Claros fueling expansion.

Navitas targets sustained growth in 2027 as AI infrastructure demand accelerates, customer programs ramp up and 800-volt power technologies gain traction.

Navitas Semiconductor Corporation (NVTS) Q3 2026 Earnings Call Transcript

Navitas Semiconductor Corp. (NASDAQ:NVTS) posted its third-quarter fiscal 2026 results after Tuesday's closing bell, beating estimates on the top and bottom lines.  Here's a look at the details inside the report.

Total revenue grew 33% sequentially and 38% year-over-year, driven by high-power markets and contributing to continued gross margin expansion Anticipate another quarter of double-digit sequential growth in the fourth quarter to represent the highest quarterly revenue in the past 7 quarters, while having simultaneously substantially exited the mobile and low-end consumer market Mid-point of fourth quarter guidance represents full-year growth of 7%, with 125% revenue growth from high-power markets, more than offsetting the exit from mobile and low-end consumer business Growth and record backlog increasingly driven by AI Infrastructure markets, including AI Data Centers and Grid and Energy Infrastructure, which are expected to represent more than 40% of total sales by year-end and contribute to sustained momentum in 2027 TORRANCE, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), a leader in next-generation power semiconductors and power delivery solutions, pioneering GaN, high-voltage and ultra-high-voltage SiC, and IVR technologies, today announced unaudited financial results for its third quarter 2026 ended September 30, 2026.

Navitas Semiconductor's NVIDIA 800V ecosystem inclusion strengthens its AI power opportunity, but a business shift and premium valuation pose risks.

Semtech's AI data center growth, rising 1.6T demand and lower valuation give it an edge over Navitas Semiconductor.

Navitas Semiconductor (NVTS +1.27%) has earned U.S. Army validation for an ambitious 10-kV silicon carbide program. If the technology proves itself, the opportunity could eventually stretch beyond defense into grid and industrial power systems.