Why NVE Corporation Popped Today

• NVE Corporation goes unnoticed connected Wall Street, but conscionable reported a 23% income maturation quarter.

• Tiny NVE is profitable and boasts beardown escaped currency flow.

• 10 stocks we similar amended than Nve ›

NVE Corporation (NASDAQ: NVEC) stock, a nanotech institution manufacturing electron-based "spintronic" sensors, soared 14.7% done 10:20 a.m. ET this greeting aft reporting net for its fiscal Q3 2026.

No analysts travel NVE banal connected Wall Street, truthful it's hard to accidental whether the institution "beat" earnings. Objectively speaking, though, the quality was beauteous good.

NVE reported $5.8 cardinal successful income for the quarter, up 23% twelvemonth implicit year. Earnings grew 11% to $0.70 per share, reversing a inclination of declining income and declining net successful the archetypal fractional of the fiscal year.

NVE besides announced it volition wage a $1 quarterly dividend adjacent period -- much wealth than the institution really earned.

So NVE banal boasts accelerated income maturation and a immense dividend output -- 5.8% this year, according to Yahoo! Finance. Does this marque the banal a "buy"?

I'm not 100% convinced.

Priced astatine conscionable 25 times earnings, NVE banal wouldn't look costly if it were increasing income and expanding nett margins, thereby driving net maturation faster than sales. In fact, the company's net grew lone 11% for the quarter, though, and the net maturation complaint for the fiscal twelvemonth to day is inactive negative.

That said, escaped currency travel astatine past study was strong, backing up astir 87% of reported nett profit. The institution has ample currency reserves, too, and its declaration R&D concern is increasing nicely. While the valuation isn't compelling, the spintronic exertion is interesting.

At the precise least, it's a institution worthy watching -- if for nary different reason, past due to the fact that Wall Street analysts aren't paying attraction astatine all.

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