Navitas Semiconductor Q2 revenue beats estimates

Navitas Semiconductor

04/08/2025 21:17

Overview

Navitas Semiconductor Q2 revenue of $14.5 mln beats analyst expectations, per LSEG data

Company raises $100 mln, focusing on AI data centers and energy infrastructure

Navitas partners with Powerchip for lower-cost GaN manufacturing

Outlook

Navitas expects Q3 2025 revenue of $10 mln, impacted by China tariffs

Company anticipates Q3 non-GAAP gross margin at 38.5%

Navitas projects $2.6 bln market potential for GaN and SiC by 2030

Result Drivers

AI FOCUS - Navitas sharpens focus on AI data centers and energy infrastructure, collaborating with NVIDIA and other leaders

CAPITAL RAISE - Co raised $100 mln through sale of shares to support growth in AI data centers and energy infrastructure

LOWER COST MANUFACTURING - Partnership with Powerchip for 8” GaN foundry aims to reduce costs and expand capacity

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$14.49 mln
$14.40 mln (8 Analysts)
Q2 EPS
-$0.25
Q2 Net Income
-$49.08 mln
Q2 Income from Operations
-$21.65 mln
Q2 Operating Expenses
$23.98 mln
Q2 Pretax Profit
-$48.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "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 $4.30, about 85.1% below its August 1 closing price of $7.96

Press Release: ID:nGNX5Nh8y

(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.)