Navitas Semiconductor (US:NVTS) ZACKS·2025-12-23 16:06Core Insights - Navitas Semiconductor (NVTS) is enhancing its position in high-power markets through strategic partnerships aimed at solidifying its supply chain and expanding its global reach [1] Group 1: Strategic Partnerships - In mid-December, NVTS expanded its distribution relationship with Avnet, making it a globally franchised distribution partner, which will provide technical and commercial support for NVTS' Gallium Nitride (GaN) and Silicon Carbide (SiC) products [2] - In early December, NVTS entered a long-term strategic partnership with Cyient Semiconductors to accelerate GaN adoption in India, focusing on co-developing GaN products and building a local ecosystem aligned with India's "Make in India" initiative [3] - These partnerships support the "Navitas 2.0" strategy, reallocating resources toward high-power customers and working closely with hyperscalers and system OEMs [4][10] Group 2: Market Position and Competitors - NVTS is preparing for future demand in high-power markets, with expectations of scaling opportunities in 2026 and 2027 [5] - The company faces competition from Wolfspeed (WOLF) and ON Semiconductor (ON), both of which are expanding their high-voltage solutions for AI data centers [6][7] Group 3: Financial Performance and Estimates - NVTS shares have increased by 15.3% over the past three months, outperforming the Zacks Electronics – Semiconductors industry's growth of 3.6% [8] - The company trades at a forward price-to-sales ratio of 46.72X, significantly higher than the industry's average of 6.4X [11] - The Zacks Consensus Estimate for NVTS' 2025 loss is projected at 21 cents per share, improving from a loss of 24 cents in 2024, with estimates for 2026 narrowing to a loss of 19 cents per share [14]