NVE Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $393.5M
- Price
- $81.23
- % Change (Daily % change from the live per-ticker quote feed.)
- +7.50%
- Volume
- 151.8K
About
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market. In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches. Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Quick stats
Shares outstanding4.8M
Computed float4.7M
Float / shares97.8%
Key info
SectorTechnology
IndustrySemiconductors
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000724910
Websitehttps://www.nve.com
AI Summary
AI-generated1/33
minorneutrallegal litigation
Lost Money on NVE Corporation Shares? The Law Offices of Frank R. Cruz Continues Investigating Potential Securities Fraud After 30.62% Stock Decline
The Law Offices of Frank R. Cruz announced it is investigating potential securities fraud claims on behalf of NVE Corporation (NASDAQ: NVEC) investors, following the company's October 21, 2026 disclosure.
The investigation follows NVE's fiscal Q2 2027 results showing quarter-over-quarter revenue down 47%, product sales down 48%, gross profit down 49%, and diluted EPS down 51%, driven by a medical-device customer inventory adjustment and a 95% drop in defense product sales.
NVE stock fell $31.56, or 30.62%, intraday on October 22, 2026. This release is a law-firm solicitation, not a filed lawsuit; no class action has yet been filed.
Red flags
- Securities fraud investigation opened against NVEC following 30.62% share price decline
- Underlying disclosure revealed 47% QoQ revenue drop and 51% QoQ diluted EPS decline
- Management attributed decline to a customer inventory adjustment and 95% drop in defense product sales