Overview

• Shares trade around $6 after rebounding from an April–May low near $1.52, well below the $20.16 peak set in 2021.
• A $10,000 purchase at the October 2021 SPAC listing would be worth about $4,650 today, per YCharts data.
• Q2 2025 revenue fell 29% year over year to $14.5 million, and Q3 guidance of $9.5 million to $10.5 million implies another sequential drop.
• Navitas announced a collaboration to support Nvidia’s Kyber data-center power architecture beginning in 2027, which helped fuel the share-price rebound.
• The company issued over 21 million new shares, lifting shares outstanding above 213 million, and remains heavily exposed to China at about 60% of 2024 revenue.