Reading NVEC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track NVEC free→Reading NVEC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track NVEC free→NASDAQInformation TechnologySemiconductorsSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong. Earnings quality is fragile, which raises concerns. Management's recent track record has been steady. Risk is moderate, and the sector backdrop is a tailwind. Compared with sector peers, NVEC is above typical. Peer multiples imply a price about 37% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk. This pattern occurs because it trades below peer multiples, but earnings quality is fragile. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 5 valuation methods, at three horizons. Current price $107.96. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $114 NVEC trades at 40× p/e, below its 70× p/e peer median. Our $182 fair value sits above the price; medium confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 37% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 73% of the time over the next year (vs 58% for the rest of the cohort, n=2777).
Over the trailing year it converted 1.10x of net income into operating cash flow. Historically, Information Technology names rated fragile grew net income 46% of the time over the next year (vs 65% for the rest of the cohort, n=2129).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$208.
How much price usually moves either way.
On a bad day, this stock has moved -$383.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,692.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show how well NVE Corp. is managing in a fragile quality environment. Strong results could improve outlook.
Confirms one read:Earnings report shows revenue growth above 10% year over year.
Confirms the other:Earnings report shows revenue growth below 0% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for NVEC yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. Furnished as Exhibit 99 is a press release of NVE Corporation reporting results for the quarter and fiscal year ended March 31, 2026.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
A side-by-side read on sector standing, valuation, and risk versus Semiconductors.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
NVEC NVE Corp. | Above typical Show detailsSector percentile: 97 of 100 | inexpensive | moderate |
NVDA NVIDIA Corporation | Above typical Show detailsSector percentile: 88 of 100 | inexpensive | moderate |
TSM Taiwan Semiconductor Manufacturing Co. Ltd. | — | — | moderate |
AVGO Broadcom | Above typical Show detailsSector percentile: 79 of 100 | inexpensive | elevated |
MU Micron Technology | Above typical Show detailsSector percentile: 82 of 100 | expensive | elevated |
6 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
Not investment advice. As of 2026-06-16.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
NVE Corp. continues to maintain a quarterly cash dividend of $1.00 per share.
Stated in 4 of last 4 quarters. NVE Corp. has consistently maintained a quarterly dividend of $1.00 per share. This reflects a stable capital allocation strategy, with no changes in dividend per share across the period.
“NVE announced a quarterly cash dividend of $1.00 per share, payable May 29, 2026.”
“NVE announced a quarterly cash dividend of $1.00 per share, payable February 27, 2026.”
“NVE announced a quarterly cash dividend of $1.00 per share.”
“NVE announced a quarterly cash dividend of $1.00 per share.”
NVE Corp. has amended its Supplier Partnering Agreement to increase pricing for 2026 and 2027.
Newly stated in 2025-Q4. The amendment to the Supplier Partnering Agreement aims to increase pricing for 2026 and 2027. This strategic move is expected to enhance revenue streams, although specific financial impacts are yet to be observed.
“Amendment No. 12 to the Supplier Partnering Agreement increases pricing for 2026 and 2027.”
Why it matters: If revenue growth drops, it signals a slowdown in the sector's expansion. This could hurt NVE Corp.'s performance.
Confirms:Sector revenue growth falls below its historical median.
Disproves:Sector revenue growth is still higher than its average from the past.
Other Events. NVE Corporation announced that its Board of Directors approved a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable May 29, 2026 to shareholders of record as of May 18, 2026. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date M ay 7 , 202 5 NVE CORPORATION (Registrant) /s/ DANIEL NELSON Daniel Nelso…
Results of Operations and Financial Condition. Furnished as Exhibit 99 is a press release of NVE Corporation reporting results for the quarter ended December 31, 2025.
Other Events. NVE Corporation announced that its Board of Directors approved a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable February 27, 2026 to shareholders of record as of February 2, 2026. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date January 21, 2026 NVE CORPORATION (Registrant) /s/ DANIEL NELSON D…
Entry into a Material Definitive Agreement. General Information We supply products to Abbott under the Supplier Partnering Agreement as amended. Description of the Terms and Conditions of the Amendment Amendment No. 12 to the Supplier Partnering Agreement was executed on December 12, 2025 extending the Agreement term through December 31, 2027 and increasing pricing for 2026 and 2027. The Amendment is filed as Exhibit 10.6 to this Current Report on Form 8-K/A. 2 SIGNATURE Pursuant to the requi…