NVE/$NVEC

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About NVE

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

Ticker

$NVEC
Primary listing

Industry

Semiconductors & Semiconductor Equipment

Employees

42

ISIN

US6294452064

NVE Metrics

BasicAdvanced
$338M
22.49
$3.11
1.06
$4.00
5.72%

Bulls say / Bears say

NVE Corporation's recent introduction of the ALT521-10E Tunneling Magnetoresistance Rotation sensor, touted as the world's most sensitive device of its type, positions the company favorably in the growing market for factory automation and automotive systems. (Seeking Alpha)
Despite a 33% year-over-year revenue decline in Q2 2024, NVE maintained a robust gross margin of 78% and an operating margin of 65%, showcasing strong operational efficiency and resilience. (MarketWire News)
The company's strategic focus on the Industrial Internet of Things (IIoT) and electrification markets aligns with industry trends, potentially driving future growth as these sectors expand. (Investing.com)
NVE's revenue dependence on a few large customers, such as Abbott Laboratories, poses a risk; the expiration of key agreements without renewal could significantly impact the company's financial performance. (StockIlluminati)
The spintronics industry is experiencing increased competition, which may lead to pricing pressures and erode NVE's competitive edge in the market. (StockIlluminati)
A portion of NVE's revenue is derived from Asia; potential export restrictions or trade bans, especially involving China, could adversely affect the company's business operations. (StockIlluminati)
Data summarised monthly by Lightyear AI. Last updated on 8 Jun 2025.

NVE Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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