NVE (NASDAQ:NVEC – Get Free Report) released its quarterly earnings results on Wednesday. The semiconductor company reported $1.32 EPS for the quarter, FiscalAI reports. NVE had a net margin of 57.72% and a return on equity of 25.62%. The company had revenue of $11.03 million for the quarter.
Here are the key takeaways from NVE’s conference call:
- NVE reported a blowout quarter, with revenue up 81% year over year to $11 million and net income up 79% to $6.39 million, or $1.32 per diluted share.
- Gross margin remained strong at 81.3%, while operating expenses grew more slowly than revenue, helping operating margin reach 66% and pre-tax margin 78%.
- The company said earnings more than covered its $1 quarterly dividend for the second straight quarter, and cash plus marketable securities increased to $43.9 million.
- NVE launched new wafer-level chip scale sensors for implantable medical devices, including its first MRI-safe versions, and continues to develop products for robotics and more power-efficient power conversion.
- Management highlighted robotics and automation as the strongest growth opportunity, while noting the recent capacity expansion is being used mainly for R&D now and will gradually support production as new products ramp.
NVE Stock Performance
Shares of NVEC opened at $86.68 on Thursday. The company’s 50-day simple moving average is $97.60 and its 200-day simple moving average is $80.66. NVE has a 1 year low of $57.21 and a 1 year high of $121.20. The stock has a market capitalization of $419.53 million, a PE ratio of 27.61 and a beta of 1.38.
NVE Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded NVE from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
NVE News Roundup
Here are the key news stories impacting NVE this week:
- Positive Sentiment: NVE reported quarterly EPS of $1.32 on revenue of $11.03 million, with strong profitability metrics including a 57.72% net margin and 25.62% return on equity. The company also said revenue for the quarter ended June 30 rose 81% year over year. NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend
- Positive Sentiment: The board declared a quarterly dividend of $1.00 per share, reinforcing the company’s cash-return profile and supporting investor interest in the stock. Fund Update: New $13.1M $PAAA stock position opened by Apollon Wealth Management, LLC
- Neutral Sentiment: Recent transcript coverage suggests investors are still parsing management’s commentary from the earnings call, but no major negative surprise has been highlighted in the available headlines. NVE Corporation (NVEC) Q1 2027 Earnings Call Transcript
Institutional Investors Weigh In On NVE
Several large investors have recently bought and sold shares of NVEC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of NVE by 5.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,873 shares of the semiconductor company’s stock valued at $183,000 after acquiring an additional 156 shares during the period. McMillan Office Inc. acquired a new position in NVE in the fourth quarter valued at $30,000. SG Americas Securities LLC boosted its stake in shares of NVE by 78.9% during the fourth quarter. SG Americas Securities LLC now owns 3,930 shares of the semiconductor company’s stock worth $233,000 after buying an additional 1,733 shares during the period. State of Tennessee Department of Treasury grew its holdings in shares of NVE by 137.4% during the second quarter. State of Tennessee Department of Treasury now owns 6,596 shares of the semiconductor company’s stock worth $486,000 after buying an additional 3,818 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in NVE during the 1st quarter valued at approximately $351,000. Hedge funds and other institutional investors own 65.95% of the company’s stock.
About NVE
NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.
NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems.
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