NVE Corporation (NVEC)

NVE Corp. experienced a 42.32% share price increase from May 5, 2025, to May 1, 2026, with an 18.59% gain in the four weeks leading up to May 8, 2026. A bullish pattern was detected on April 7, 2026, leading to an 18.08% gain by April 16, 2026, and the stock moved above its 50-day moving average on April 1, 2026. On May 6, 2026, the company reported its fourth-quarter and fiscal year results, announcing a quarterly dividend, with total revenue reaching $26.3 million and net income at $15.2 million for the fiscal year ended March 31, 2026. A 27% rise in net income for the fourth quarter of fiscal 2026 was announced on May 7, 2026, driven by a 34% surge in nondefense sales, while defense sales declined by 79%. Recent trading activity has shown higher-than-average volume.

NVE Corp.'s revenue has historically shown volatility tied to customer inventory cycles. While performance has been consistent, revenue moderated in 2024 and was forecast to dip in 2025. The company is considered fair valued, with probabilities of positive returns in specific months, such as May and December.

NVE Corporation specializes in spintronics, offering high-performance sensors and couplers for various markets, including factory automation, medical devices, IIoT, and AIoT. The company also provides DC-to-DC converters and licenses its MRAM technology.

NVE Corporation is headquartered in Eden Prairie, Minnesota, where it also has its manufacturing facility. The company sells its products through a worldwide distribution network, operating both in the United States and internationally.

NVE Corporation is recognized for its innovative spintronic technology and high profitability metrics. The company's US-based manufacturing enhances its reliability appeal. While the company has faced challenges in defense sales, it has maintained consistent profitability.

NVE Corp. is primarily owned by institutional shareholders, who hold approximately 86.38% of the stock, with 5.71% held by insiders and 7.91% by retail investors. Major institutional owners include Defiance ETFs, LLC, Penserra Capital Management LLC, Vanguard Group Inc, and BlackRock, Inc. The largest individual shareholder is Dr. James Daughton, who owns 2.24% of the company.