Navitas Semiconductor (NVTS) is back in the spotlight after CEO Chris Allexandre’s scheduled presentation at the 28th Annual Needham Growth Conference on January 14, 2026, which is drawing fresh attention to its AI data center ambitions.

The recent 9.1% 1 day share price return and 39.7% 30 day share price return suggest momentum is rebuilding after a 19.8% 90 day decline. The 206.5% 1 year total shareholder return points to a much stronger longer run story tied to AI data center expectations and changing views on risk.

If this AI power story has your attention, it could be a good moment to see what else is out there in high growth tech and AI stocks and compare how other names are pricing similar themes.

With Navitas shares up more than 200% over the past year and now trading above the average analyst target of US$8.28, the key question is simple: is there still a real opportunity here, or is future growth already priced in?

Most Popular Narrative: 31.8% Overvalued

Navitas Semiconductor’s most followed narrative pegs fair value at US$8.28 per share compared with a last close of US$10.91, so the market price is well ahead of that estimate and heavily tied to the AI data center story.

Navitas Semiconductor's GaN business experienced significant growth in 2024, with a 50% increase in revenues driven by strong demand in mobile, consumer appliances, and data centers.

Want to see what kind of revenue path and margin lift would need to line up with that GaN and SiC pipeline? The narrative leans on aggressive top line expansion, improving profitability and a rich future earnings multiple usually reserved for mature sector leaders. Curious how those ingredients combine to back a US$8.28 fair value while the share price runs ahead?

Result: Fair Value of $8.28 (OVERVALUED)

However, those expectations could be challenged if revenue softness in EV, solar and industrial markets persists, or if customer qualification and adoption of 800VDC data centers take longer than hoped.

Build Your Own Navitas Semiconductor Narrative

If this view does not quite fit how you see Navitas, you can stress test the same numbers, shape your own story, and get it live in under three minutes with Do it your way.

A great starting point for your Navitas Semiconductor research is our analysis highlighting 1 key reward and 4 important warning signs that could impact your investment decision.

Looking for more investment ideas?

If Navitas has you thinking differently about where growth and risk could meet next, do not stop here; widen your search before the next moves get crowded.

• Spot potential mispricings by checking out these 871 undervalued stocks based on cash flows that line up strong cash flows with prices that may not fully reflect them yet.
• Back your AI thesis with a broader watchlist and scan these 24 AI penny stocks that are tied to similar themes across hardware, software, and infrastructure.
• Add a higher risk, higher potential bucket to your research and review these 3529 penny stocks with strong financials that pair smaller market caps with more robust financial profiles.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.