Navitas Semiconductor (NVTS -1.23%) stock has been on an impressive winning streak in 2025, and its price has risen roughly 98% year to date as of this writing.
Navitas' stock saw big gains in conjunction with news that the company will provide power chips for next-generation data center technologies from Nvidia that are scheduled to debut in 2027. The new power chips are expected to increase efficiency for data center hardware utilizing Nvidia's advanced graphics processing units (GPUs). While Navitas has been on a hot streak lately, the stock has had a volatile history since its IPO in October 2021.
Image source: Getty Images.
How has Navitas' stock performed since its IPO?
Despite its big gains across this year's trading, Navitas stock is actually down roughly 45% from market close on the day of its initial public offering (IPO). Navitas ended its first day of trading with its stock sitting at $12.80 per share.
Purchasing 1,000 shares at Navitas' price at market close on the day of its IPO would work out to an initial investment of roughly $12,800. Subsequent declines for the stock mean that the initial investment on that day would now be worth a little over $7,030.
While Navitas as a company has recently been posting some encouraging results and forging partnerships that could help set the stage for strong performance over the long term, the stock's performance since its public debut highlights the risks that can come with investing in a company at its IPO. That doesn't mean that Navitas won't eventually be able to surge above the closing price on the day of its IPO roughly five years ago, but its performance in subsequent trading is a reminder that lofty growth expectations often come with a high level of risk.
