Navitas Semiconductor Corporation Common Stock (NVTS)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable businesses with conservative finances and a price that gives a margin of safety. Navitas operates in an interesting technical niche, gallium nitride and silicon carbide power semiconductors, but the filed numbers describe a fragile business. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $10.5M, net income was -$228.2M, and diluted EPS was -$0.95. In fiscal Q1 2026, revenue was $8.6M and net income was -$33.8M. For FY2025, revenue was $45.9M and net income was -$117.0M, down from FY2024 revenue of $83.3M and net loss of -$84.6M. FY2023 revenue was $79.5M with a net loss of -$145.4M. So revenue has contracted sharply and losses are persistent. Trailing free cash flow is -$67.8M, a FairStock FCF yield of -2.7%. FairStock shows ROE of -52.6%, ROCE of -8.99%, P/B of 3.40, and negative P/E of -7.80 at the 2026-10-13 close. The market cap is $2.5B at $10.45. Paying that much for FY2025 revenue of $45.9M and no profits is not a Graham bargain. Debt is low, with D/E of 0.01, and FairStock's Altman Z-Score is 48.10, so near-term solvency may not be the immediate issue. But Piotroski is 4/9 and the FairStock score is 33/100. FairStock labels it a TURNAROUND, loss in the latest year after earlier profits. The moat is unproven from the numbers; power semiconductors are competitive. I would need evidence of durable revenue growth and positive cash generation before this looks like value rather than speculation.

In plain English: Navitas makes power chips that help manage electricity in cars, data centers, chargers and consumer devices. The business looks weak today: sales are falling, losses are large, and it used cash over the past year. At the recent $10.45 price, the company is worth about $2.5 billion, which looks expensive compared with its small and shrinking sales and lack of profits.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer