NVEC appears to be at a key inflection point.
NVE earns an "Outperform" upgrade as defense sales recover, manufacturing expansion concludes, and strong momentum in AIoT, robotics and medical-device markets fuels growth prospects.
NVE reports a 27% increase in Q4 net income, driven by strong product sales and an optimistic outlook for growth in the semiconductor and robotics markets.
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Daniel A. Baker CEO | XFRA Exchange | 629445206 CUSIP |
| US Country | 42 Employees | 18 May 2026 Last Dividend | 22 Nov 2002 Last Split | 26 Sep 1996 IPO Date |
NVE Corporation is at the forefront of nanotechnology through its development and sale of devices that utilize spintronics—a sophisticated technology that leverages the spin of electrons to process, store, and communicate information. With a global presence in the United States and beyond, the company is dedicated to the innovation and manufacturing of spintronic products. Their offerings include an array of sensors and couplers designed for data acquisition and transmission. Founded in 1989, NVE Corporation has established its headquarters in Eden Prairie, Minnesota. The firm is also engaged in research and development contracts and licenses its technology for spintronic magnetoresistive random access memory (MRAM).