Plutux
$100.67
+2.14%
2026-09-04 12:44:14 EDT+$2.11
Technology
Semiconductors
NASDAQ
Active Trading

NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both ...

Price Action

$100.67
+2.14%+$2.11
High
Low
52W High-24.8%
Rel. vol
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Range2.3h
VolumeSMA5SMA10
NVE Corporation (NASDAQ: NVEC) is a pioneering technology company specializing in spintronics, a nanotechnology that utilizes electron spin rather than electron charge to acquire, store, and transmit information. Founded in 1989 as Nonvolatile Electronics, Inc. and later renamed NVE Corporation, the company has been at the forefront of commercializing spintronic ...NVE Corporation (NASDAQ: NVEC) is a pioneering technology company specializing in spintronics, a nanotechnology that utilizes electron spin rather than electron charge to acquire, store, and transmit information. Founded in 1989 as Nonvolatile Electronics, Inc. and later renamed NVE Corporation, the company has been at the forefront of commercializing spintronic devices. NVE's product portfolio includes standard and custom magnetic sensors, spintronic couplers, DC-to-DC converters, and MRAM (magnetoresistive random access memory) technology licensing. Its sensors are used in factory automation for position, rotation, and speed detection, as well as in medical devices to replace mechanical switches. The couplers serve power conversion and industrial IoT applications, offering high performance, ruggedness, and miniaturization. NVE also engages in R&D contracts and licenses its MRAM technology. With a lean workforce of approximately 42 employees, the company achieves high productivity, generating significant revenue and net income per employee. Financially, NVE maintains a strong balance sheet with no debt, robust profit margins (net margin ~57.6%), and consistent profitability. The company has a history of paying dividends, with a dividend yield of about 3.2%. Key leadership includes CEO Daniel A. Baker, who has been with the company for decades, and founder Dr. James M. Daughton, a former Honeywell executive. NVE's commitment to innovation is evident in its introduction of the world's first GMR products in 1994 and recent development of tunneling magnetoresistance sensors. The company serves global markets through distributors and maintains a strong reputation in the semiconductor industry. Despite a modest revenue base, NVE's high-margin, asset-light business model yields impressive returns on equity and assets, making it a unique player in the technology sector.
Founded
1989
Employees
41
CEO
Peter G. Eames
Full Name
NVE Corporation
Sector
Technology
Industry
Semiconductors
ROE
30.53%
Market Cap
$0.49B
Current Ratio
23.72
WACC
10.84%
ROIC
45.84%

Contact Information

952 829 9217
11409 Valley View Road, Eden Prairie, MN 55344

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