Navitas Semiconductor: Resilience Amid Challenges with a Buy Rating

Quinn Bolton, an analyst from Needham, maintained the Buy rating on Navitas Semiconductor (NVTS – Research Report). The associated price target was lowered to $3.00.

Quinn Bolton has given his Buy rating due to a combination of factors including Navitas Semiconductor’s solid performance and guidance, despite some challenges. The company has shown resilience in its operations, particularly in the Mobile business, which remains relatively unaffected by tariff issues.
While there are concerns about tariff volatility affecting the SiC business and potential impacts on the GaN solar business, the overall risk is considered manageable. Bolton’s decision to maintain a Buy rating reflects confidence in Navitas’s ability to navigate these challenges and capitalize on future growth opportunities, supported by a strong supplier network.