NVEC official logo NVEC
NVEC 1-star rating from Upturn Advisory
NVE Corporation (NVEC) company logo

NVE Corporation (NVEC)

NVE Corporation (NVEC) 1-star rating from Upturn Advisory
$65.29
Last Close (24-hour delay)
Profit since last BUY-6.33%
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SELL since 4 days
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Upturn Advisory Summary

11/11/2025: NVEC (1-star) is a SELL. SELL since 4 days. Simulated Profits (-6.33%). Updated daily EoD!

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -54.18%
Avg. Invested days 33
Today’s Advisory SELL
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 358.10M USD
Price to earnings Ratio 23.8
1Y Target Price 79
Price to earnings Ratio 23.8
1Y Target Price 79
Volume (30-day avg) -
Beta 1.12
52 Weeks Range 50.79 - 86.34
Updated Date 06/29/2025
52 Weeks Range 50.79 - 86.34
Updated Date 06/29/2025
Dividends yield (FY) 5.40%
Basic EPS (TTM) 3.11

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 58.22%
Operating Margin (TTM) 58.45%

Management Effectiveness

Return on Assets (TTM) 15.26%
Return on Equity (TTM) 23.57%

Valuation

Trailing PE 23.8
Forward PE -
Enterprise Value 337288472
Price to Sales(TTM) 13.84
Enterprise Value 337288472
Price to Sales(TTM) 13.84
Enterprise Value to Revenue 13.04
Enterprise Value to EBITDA 20.67
Shares Outstanding 4837170
Shares Floating 4771042
Shares Outstanding 4837170
Shares Floating 4771042
Percent Insiders 1.31
Percent Institutions 72.92

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

NVE Corporation

NVE Corporation(NVEC) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

NVE Corporation was founded in 1989. It specializes in spintronic materials and devices, licensing its magnetic tunnel junction (MTJ) technology and selling products based on that technology.

Company business area logo Core Business Areas

  • Sensing: Magnetic sensors used in industrial, scientific, and medical applications.
  • Isolation: Isolators are high-speed digital isolators for applications in industrial automation, medical equipment, and instrumentation.
  • MRAM: Magnetoresistive Random Access Memory (MRAM) products offer non-volatility, high speed, and endurance.

leadership logo Leadership and Structure

Daniel Baker is the Chairman, President, and CEO. NVE has a relatively small and focused organizational structure.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Magnetic Sensors: NVE's magnetic sensors are used in a variety of applications, including speed and position sensing. While specific market share data is unavailable, NVE competes with companies like Allegro MicroSystems and TDK. Revenue for sensors fluctuates with market demand and customer orders. Competitors include Allegro MicroSystems, TDK, Melexis, Infineon Technologies.
  • Digital Isolators: Digital isolators provide electrical isolation. Competition includes Analog Devices and Texas Instruments. Revenue stream and market share data are not publicly disclosable. Competitors include Analog Devices (ADI), Texas Instruments (TXN), Silicon Labs (SLAB).
  • MRAM: NVEu2019s MRAM products focus on specialized applications. Evergreen Technologies is a key competitor. Market share information is not available. Competitors include Everspin Technologies (MRAM), Samsung, SK Hynix, Intel

Market Dynamics

industry overview logo Industry Overview

The market for magnetic sensors, digital isolators, and MRAM is driven by increasing demand for automation, data security, and energy efficiency in various industries.

Positioning

NVE is positioned as a niche player focused on high-performance spintronic solutions. It emphasizes innovation and customization.

Total Addressable Market (TAM)

The TAM for magnetic sensors and digital isolators is estimated to be in the billions of dollars. NVE targets specific segments within this large market, focusing on high-performance applications. The TAM for MRAM is also growing but is smaller, NVE is strategically targeting applications where high-speed and endurance are required.

Upturn SWOT Analysis

Strengths

  • Proprietary spintronic technology
  • Strong intellectual property portfolio
  • High-performance products
  • Experienced management team
  • Strong cash position

Weaknesses

  • Small size and limited resources
  • Dependence on a few key customers
  • Limited marketing and sales capabilities
  • Fluctuations in revenue

Opportunities

  • Growing demand for magnetic sensors and isolators
  • Expansion into new markets and applications
  • Strategic partnerships and acquisitions
  • Potential for licensing its technology
  • Increasing need for data security.

Threats

  • Competition from larger companies
  • Technological changes
  • Economic downturns
  • Supply chain disruptions
  • Geopolitical risks

Competitors and Market Share

Key competitor logo Key Competitors

  • Analog Devices (ADI)
  • Texas Instruments (TXN)
  • Allegro MicroSystems (ALGM)
  • Everspin Technologies (MRAM)

Competitive Landscape

NVE's spintronic technology gives it a competitive advantage in niche applications. However, its smaller size compared to major competitors presents challenges.

Growth Trajectory and Initiatives

Historical Growth: NVE's growth has been moderate, with fluctuations depending on market conditions and customer orders.

Future Projections: Analyst estimates and company guidance should be consulted for future projections.

Recent Initiatives: NVE continues to invest in research and development and explore new applications for its technology.

Summary

NVE Corporation is a niche player with a focus on spintronic technology, demonstrating strengths in innovation and cash management. Its small size and customer concentration are weaknesses, but growing market demand and strategic partnerships present opportunities. The company needs to watch out for bigger companies entering their market or substitutes becoming more popular.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • NVE Corporation Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Market Research Reports
  • Company Press Releases

Disclaimers:

The data and analysis provided are based on publicly available information and are for informational purposes only. Market share estimates are approximate. Investment decisions should be made based on individual research and consultation with a financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About NVE Corporation

Exchange NASDAQ
Headquaters Eden Prairie, MN, United States
IPO Launch date 1996-09-26
CEO, President & Director Dr. Daniel A. Baker Ph.D.
Sector Technology
Industry Semiconductors
Full time employees 41
Full time employees 41

NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market. In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches. Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.