Stock events for NVE Corp. (NVEC)
NVE Corp.'s stock has been impacted by quarterly earnings reports and dividend announcements. In October 2025, Q2 fiscal year 2026 results showed a 4% sequential revenue increase but a 6% year-over-year decrease due to a decline in contract research revenue. In January 2026, Q3 fiscal year 2026 results showed sales up 23% year-over-year and earnings growing 11%, leading to a 14.7% stock surge. As of February 24, 2026, the share price was $69.08, a 2.47% decline from the previous year, with stable weekly volatility.
Demand Seasonality affecting NVE Corp.’s stock price
Demand for NVE Corp.'s products is influenced by defense procurement cycles. Sales to the defense sector experienced a sharp year-over-year drop, indicating variability tied to government contracts. Overall revenue trends have shown relatively consistent performance, with product sales accounting for a significant portion of total revenue.
Overview of NVE Corp.’s business
NVE Corporation specializes in spintronics, developing devices for information acquisition, storage, and transmission within the Semiconductors & Semiconductor Equipment industry. Their products include spintronic sensors and couplers used in factory automation, MSOP isolators, transceivers, DC-to-DC converters, and licensed MRAM technology. NVE's spintronics technology offers smaller, more precise, and more power-efficient devices.
NVEC’s Geographic footprint
NVE Corporation is headquartered in Eden Prairie, Minnesota, and sells products domestically and internationally. They have significant revenue from the United States and Europe, with a moderate presence in the Asia Pacific region. NVE maintains a centralized operation at its Minnesota facility, including an in-house wafer fab.
NVEC Corporate Image Assessment
NVE Corporation is known for its high-performance sensors and isolators and is a leader in spintronics commercialization. The company maintains high gross margins and robust financial health. Consumer sentiments reflect appreciation for its innovative products. NVE's products are utilized in critical applications within the medical, industrial, and defense sectors.
Ownership
NVE Corporation's ownership is primarily institutional, with approximately 80.04% of the stock held by institutional investors, 1.27% by insiders, and 18.69% by public companies and individual investors. Major institutional owners include Defiance ETFs, LLC, Penserra Capital Management LLC, Vanguard Group Inc., BlackRock, Inc., Royce & Associates Lp, Renaissance Technologies Llc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Kayne Anderson Rudnick Investment Management Llc, and Geode Capital Management, Llc. The CEO, Daniel Baker, directly holds 1.3% of the total shares outstanding.
