Key Facts
Navitas Semiconductor (NASDAQ: NVTS) experienced a significant stock surge to $9.17 on June 11, reflecting a 323% increase over the previous month, largely attributed to a partnership with Nvidia for AI data centers. However, the stock has since dropped about 35%, with a current price around $6. Analysts project a 17% CAGR for Navitas revenue from 2024 to 2027, but its $1.2 billion market cap at 19 times this year’s sales raises concerns about valuation limits.
ChargePoint (NYSE: CHPT) manages over 352,000 EV charging ports and has faced an 18% revenue decline in fiscal 2025, driven by rising interest rates and market slowdowns. From fiscal 2025 to 2028, analysts forecast a 19% CAGR, potentially increasing its market cap from $318 million to $3.5 billion by 2028.
Luminar (NASDAQ: LAZR), a lidar system producer, has a market cap of $143 million. Analysts expect revenue growth at a 45% CAGR from 2024 to 2027. If it meets expectations, its market cap could grow to around $2.7 billion by 2028.
