NVE Corporation logo

NVE Corporation(NVEC)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$106.65
09/24/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for NVEC

09/24/2026: NVEC (1-star) is currently NOT-A-BUY. Pass it for now.

NVE Corporation is a specialized semiconductor company known for its expertise in spintronic technology, specifically providing high-performance sensors and couplers. The company benefits from a debt-free balance sheet and high operating margins, serving demanding industrial and medical sectors. Its primary investment story centers on the integration of its nanotechnology into emerging automated systems, offering a reliable, niche-focused opportunity. However, it faces execution risks from larger, well-capitalized semiconductor rivals and limited product diversification. The stock may best suit dividend-oriented or value-conscious investors looking for steady performance, though they should monitor competition and the company's ability to maintain its technology edge in an evolving market.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers slow, steady growth rather than explosive, high-growth expansion.
Momentum investorWeak fitThe stock often trades with lower volume and lacks the high-volatility moves typically sought by momentum traders.
Value investorStrong fitNVE's debt-free balance sheet and consistent profitability may appeal to conservative value-oriented investors.
Dividend investorStrong fitThe company's history of dividend payments makes it suitable for investors seeking consistent income.
Low-risk investorMixed fitWhile the balance sheet is healthy, small-cap stocks often exhibit price volatility not ideal for low-risk investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumAs a small-cap stock, it may experience sharper price swings than larger semiconductor firms.
Valuation riskMediumInvestors must ensure the stock price adequately reflects the company's niche growth prospects.
Competition risk (semiconductor giants)HighNVE faces intense pressure from large, well-capitalized competitors that can bundle products.
Business qualityStrongThe company maintains high operating margins and a robust, debt-free financial structure.
Dividend incomeMediumDividends are dependent on the continued profitability of niche market segments.
Execution riskMediumThe company's success relies on continued R&D success and commercialization in specialized markets.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -27.95%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Advisory 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 09/24/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NVEC receives a 4-star rating, supported by strong unit economics, and solid company fundamentals. The rating is constrained by soft analyst coverage, weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
NVEC has solid overall fundamentals (4 stars), with strong financial health, solid growth momentum, and solid ownership. In FY2026 versus FY2025, moderate earnings growth (+0.9%) and strong cash generation (FCF margin 54.9%) are partially offset by moderate revenue growth (+1.8%), very low insider ownership of 0.42%.

Financial Health Rating

★★★★★
NVEC's financial health is supported by strong profitability, including gross margin of 78.7% and operating margin of 60.5%. Cash strength is solid (4 stars), which helps explain the 5-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is NVEC's strongest growth driver at +10.8% FY2026 versus FY2025 (solid, 4 stars). Revenue growth (+1.8%, moderate) and earnings growth (+0.9%, moderate) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 94.0% and approximately 99.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.42%, which materially reduces the ownership score.

Top 5 Institutional Investors

Penserra Capital Management, LLC 12.00%
Defiance ETFs, LLC 12.00%
BlackRock Inc 7.67%
Royce & Associates, LP 4.74%
Vanguard Capital Management, LLC 4.35%

Unit Economics (Per $1K Revenue)

★★★★★
NVEC generates approximately $787 of gross profit, $605 of operating income, and $549 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 14.69%

Quantitative Style Profile

★★★★★
NVEC has a high-quality, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 526.38M USD
Price to earnings Ratio 28.94
1Y Target Price 79
Price to earnings Ratio 28.94
1Y Target Price 79
Volume (30-day avg) 120.0K shares
Beta 1.32
52 Weeks Range 55.25 - 133.84
Updated Date 09/24/2026
52 Weeks Range 55.25 - 133.84
Updated Date 09/24/2026
Dividends yield (FY) 3.71%
Basic EPS (TTM) 3.76

How Company Makes Money

Business areaWhat it includesRetail investor read
Industrial SensorsGMR-based magnetic sensors for position and speed detection.The company sells specialized components that help factory machines and medical devices operate accurately.
Couplers and IsolatorsSpintronic-based data isolation products.These products ensure that electronic systems stay connected even in environments with heavy electrical noise.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 28.94
Forward PE 21.05
Enterprise Value 500.73M
Price to Sales(TTM) 16.84
Enterprise Value 500.73M
Price to Sales(TTM) 16.84
Enterprise Value to Revenue 16
Enterprise Value to EBITDA 24.99
Shares Outstanding 4.84M
Shares Floating 4.82M
Shares Outstanding 4.84M
Shares Floating 4.82M
Percent Insiders 0.42
Percent Institutions 93.96

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

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.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About NVE Corporation

Exchange NASDAQ
Headquarters Eden Prairie, MN, United States
IPO Launch date 1996-09-26
CEO, President & Director Dr. Peter G. Eames Ph.D.
Sector Technology
Industry Semiconductors
Full time employees 40
Full time employees 40

NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets; DC-to-DC converters for use in energy conversion systems and industrial networks for IIoT and AIoT. 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.