# NVE share price today (NVE Corporation, NVEC)

> NVE Corporation's P/E is near the low end of its own history, higher than only 17% of past readings, and its quarterly results are still getting worse. NVEC · Technology · Semiconductors · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/nvec

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: $80.39 (+16.4% in a year)
- P/E: 21.8× (lower than 83% of the last 1 year)
- Revenue (Sep 2026): $5.8 M (−8.1% on a year ago)
- Profit (Sep 2026): $3.2 M (−4.2% on a year ago)
- Operating margin: 54.9% (−2.7 points on a year ago)
- ROE: 26%, FY26
- ROIC: 44.0%, against a 11.3% cost of capital: +32.7 points

The main question: the P/E is near the low end of its own history, higher than only 17% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the NVE share price today? NVE Corporation's share price was $80.39 at the close on 3 November 2026. That is 11.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $60 and $126, and at that close it sat 31% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running. Over the last 1 year the share price moved +6% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does NVE pay? NVE Corporation paid $4.00 per share over the last four reported quarters. The most recent declaration was $1.00 for Sep 2026. At today's price of $80.39 that is a yield of 4.98%, based on dividends already paid, not a forecast. ## Which stock lists is NVE on? NVE is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is NVE profitable? NVE Corporation earned $3.2 M of net profit in the Sep 2026 quarter, −4.2% on the same quarter a year earlier. Full-year FY26 profit was $15.2 M. Over 4 years profit has grown 1.2% a year on average. That is 54.4% of the quarter's revenue. The same quarter a year earlier earned $3.3 M. For the full year, FY26 profit was $15.2 M (+0.9% on the year before). Why profit moved: revenue changed −8.1% on a year earlier and the margin moved −2.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +28.1% and revenue +25.2%. Profit and revenue are moving at about the same pace. ## How much revenue does NVE make, and is it growing? NVE Corporation reported $5.8 M of revenue in the Sep 2026 quarter, −8.1% on the same quarter a year earlier. Over 4 years it has grown −0.6% a year on average. The last full year, FY26, came in at $26.3 M. The last four reported quarters add to $30.7 M. FY26 revenue was $26.3 M, +1.8% on the year before. Recent pace: the last four quarters grew +25.2% on average, against −0.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.1%, against +6.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +29.3%, against +5.3% a year (accelerating). ## How much of every $100 of sales does NVE keep? NVE Corporation's operating margin was 54.9% in the Sep 2026 quarter, 2.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 60.5% and 67.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −2.7 percentage points on the year while gross margin changed −0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is NVE's profit turning into cash? Over the last 3 years, 104% of NVE Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $16.7 M of operating cash against $15.2 M of profit. After $2.2 M of spending on assets, $14.5 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does NVE's cash go? NVE Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.5 M on assets over the last 3 years. Averaged over those years that is 4.4% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.5 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is NVE's P/E ratio, and how does it compare with its own history? NVE Corporation's P/E is 21.8×, near the low end of its own history: it has been lower only 17% of the time. Its usual P/E (the middle reading) is 23.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +1.0% while the price moved +16.4%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the NVE business getting better or worse? NVE Corporation's business is getting better. Profit growth hit its low 8 quarters ago at −26.7% and has recovered to +29.3%, with ROCE rising at 31.8%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does NVE earn on its capital? NVE Corporation earned a ROE of 26% in FY26. That is up from a low of 23% in FY22. Its return on capital used (ROIC) is 32.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 57.7% net margin and 0.44× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 57.7% net margin × 0.44× asset turnover × 1.04× leverage (assets divided by equity) ≈ 26.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 44.0% − 11.3% = +32.7 percentage points. The 11.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 44.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 33.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does NVE have too much debt? NVE Corporation has total debt of $871 K against shareholder equity of $58.0 M as of Sep 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.01 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the NVE shareholding pattern? 11.1% of NVE Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is NVE from balance-sheet trouble? For NVE Corporation, the Z-score is 130.75. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 130.75 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does NVE rank in its industry? There is no score against its industry: NVE Corporation is not among the largest members shown in this industry comparison for Semiconductors. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is NVE compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to NVE in size? NVE is the 51st largest of 59 Semiconductors companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: POET Technologies Inc., CEVA, Inc. and Alpha and Omega Semiconductor. Just below it: indie Semiconductor, Inc., Everspin Technologies, Inc. and SEALSQ Corp. ### Semiconductors companies close in size

1. [POET Technologies Inc.](https://www.sectoralpha.in/us/stocks/poet) $881 million
2. [CEVA, Inc.](https://www.sectoralpha.in/us/stocks/ceva) $823 million
3. [Alpha and Omega Semiconductor Limited](https://www.sectoralpha.in/us/stocks/aosl) $670 million
4. NVE Corporation $389 million
5. [indie Semiconductor, Inc.](https://www.sectoralpha.in/us/stocks/indi) $348 million
6. [Everspin Technologies, Inc.](https://www.sectoralpha.in/us/stocks/mram) $331 million
7. [SEALSQ Corp](https://www.sectoralpha.in/us/stocks/laes) $316 million

[All 59 Semiconductors companies, largest first](https://www.sectoralpha.in/us/sectors/semiconductors#all-companies)

### Companies close in size in other industries

1. [L.B. Foster Company](https://www.sectoralpha.in/us/stocks/fstr) $377 million · Railroads
2. [Fossil Group, Inc.](https://www.sectoralpha.in/us/stocks/fosl) $376 million · Footwear & Accessories
3. NVE Corporation $376 million
4. [Avidbank Holdings, Inc.](https://www.sectoralpha.in/us/stocks/avbh) $375 million · Banks - Regional
5. [Monro, Inc.](https://www.sectoralpha.in/us/stocks/mnro) $374 million · Auto Parts

## What else do people ask about NVE? ### What were NVE's latest quarterly results? NVE Corporation reported revenue of $5.8 M and net profit of $3.2 M for the Sep 2026 quarter. Revenue fell 8.1% and profit fell 4.2% compared with a year earlier. Earnings per share were $0.65. The operating margin was 54.9%, 2.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is NVE's market cap? NVE Corporation's market capitalisation is $389 M at a stock price of $80.39. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is NVE performing? NVE Corporation's latest readings are below. In its latest quarter, revenue fell 8.1% and profit fell 4.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 3 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will NVE's stock price go up? This page does not forecast NVE Corporation's stock price. What it shows instead: the stock price is $80.39. Its P/E of 21.8× is higher than 17% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is NVE in its business cycle? NVE Corporation's FY26 operating margin was 60.5%, against a 5-year range of 60.5% to 67.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 54.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the NVE story? The main question: the P/E is near the low end of its own history, higher than only 17% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is NVE a stock worth studying right now? What the numbers show: NVE Corporation's P/E is near the low end of its own history, higher than only 17% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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