Overview

* Navitas Semiconductor ( NVTS ) 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/Mis Actual Consensu

s s

Estimate

Q2 Beat $14.49 $14.40

Revenue mln mln (8

Analysts

)

Q2 EPS -$0.25

Q2 Net -$49.08

Income mln

Q2 -$21.65

Income mln

from

Operatio

ns

Q2 $23.98

Operatin mln

g

Expenses

Q2 -$48.80

Pretax mln

Profit

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 ( NVTS ) is $4.30, about 85.1% below its August 1 closing price of $7.96

Press Release:

(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.)