Navitas Semiconductor (NVTS) Stock Skyrockets on Nvidia Hype – Will GaN Power Pay Off?
Navitas Semiconductor shares surged over 750% in six months, driven by Nvidia partnership news, but dropped 9% to $12.25 on Nov. 3, 2025, after weak Q3 results and fell further after hours. Q3 revenue fell to $10.1 million from $21.7 million a year earlier; Q4 guidance of ~$7 million missed expectations. The company is shifting focus to higher-power markets. Analysts remain divided, with targets ranging from $3 to $13.