Navitas Semiconductor (NVTS) Soars 12.6% on Bargain-Hunting

We recently published 10 Stocks With Eye-Popping Double-Digit Gains; 4 Hit All-Time Highs. Navitas Semiconductor Corp. (NASDAQ:NVTS) was one of the top performers on Tuesday.

Navitas rallied for a third day on Tuesday, jumping 12.60 percent to finish at $10.19 apiece as investors continued to bargain-hunt from last week’s one-month low.

Tuesday’s rally, on the other hand, was supported by a broader market optimism and renewed confidence for the artificial intelligence sector, despite the lack of fresh company-specific developments to spark buying appetite.

Navitas Semiconductor Corp. (NASDAQ:NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors for electric vehicles, data centers, consumer electronics, and renewable energy, among others.

For the fourth quarter of 2025, Navitas Semiconductor Corp. (NASDAQ:NVTS) expects to rake in revenues of $7 million at the midpoint, significantly lower than the $18 million in the same period last year.

The outlook reflects its strategic decision to deprioritize low power and pivot to higher power revenue and customers, streamline its distribution network and reduce channel inventory, as well as lower profit expectations from China Mobile and consumer business.

Based on its historical reporting dates, official fourth quarter results are scheduled to be released in the third week of February 2026.

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Disclosure: None. This article is originally published at Insider Monkey.