NVEC stock holds up as traders weigh fresh market data

NVEC stock (US62945V1044) was quoted at USD 64.00 on September 4, 2026, with a market capitalization of USD 308.0 million. The move puts the Minnesota chipmaker in a tight valuation range that investors can compare with its latest reported quarter.

Recent quarter in numbers

For the quarter ended June 30, 2026, revenue was USD 7.10 million, down 1.4 percent from USD 7.20 million a year earlier. Net income was USD 2.50 million, and diluted EPS came to USD 0.52, according to the latest reported figures available in market coverage.

The same update also pointed to a 37.0 percent gross margin and cash, cash equivalents and short-term investments of USD 51.0 million as of June 30, 2026. For investors, that cash buffer matters because it remains far larger than quarterly revenue.

Cash and margin profile

Those numbers show a company with modest top-line pressure but still solid profitability. Revenue of USD 7.10 million versus USD 7.20 million in the prior year is a small decline, yet USD 2.50 million in net income kept the quarter in the black.

That gap between sales and profit is the key detail. A 37.0 percent gross margin on quarterly revenue of USD 7.10 million means the business is still extracting meaningful earnings power from a relatively small base.

Product and positioning

NVEC designs spintronic products based on giant magnetoresistance and tunnel magnetoresistance sensors, a niche that gives the company exposure to industrial and sensing demand rather than broad consumer cycles. That product base explains why the latest quarter can stay profitable even on a small revenue line.

Stock and market view

At USD 64.00 on September 4, 2026, the stock traded with a market capitalization of USD 308.0 million, while the latest quarter delivered USD 7.10 million in revenue and USD 0.52 in diluted EPS. That combination leaves valuation, cash and margin quality as the main points to watch.