NVE Corporation (NVEC +14.68%)—they make these tiny, electron-based sensors, which sounds like something you’d find inside a very expensive wristwatch—had a bit of a jump this morning. Fourteen-ish percent. It reminded me of my Uncle Earl, who, after a particularly good bingo night, would get a similar boost in energy. Though Earl’s was usually fueled by cheap coffee and the thrill of yelling “Bingo!” at an appropriate volume.
The thing is, nobody on Wall Street seems to be paying attention to NVE. Which, in a way, is comforting. It means there aren’t a bunch of perfectly coiffed analysts arguing about discounted cash flows and synergy potential. Just a quiet little pop, and me, trying to make sense of it all. It’s hard to say if they “beat” earnings when nobody’s even keeping score. Objectively, though, things weren’t terrible.
NVE Q3 Earnings
They reported $5.8 million in sales for the quarter, up 23% year over year. That’s…good. I suppose. It’s the kind of growth that doesn’t scream “revolution,” but it does suggest they haven’t completely alienated their customer base. Earnings grew 11% to $0.70 per share, reversing a downward trend from earlier in the year. It’s like a patient recovering from a mild illness – not exactly a cause for celebration, but definitely preferable to the alternative.
And here’s the kicker: they’re paying a $1 quarterly dividend. A dollar. Which, if you do the math, is more than they actually earned. It’s a bit like my grandmother giving me a ten-dollar bill and then asking me to cover the grocery bill. Generous, perhaps, but ultimately unsustainable.
Is NVE Stock a Buy?
So, rapid sales growth, a surprisingly generous dividend… does this make NVE a “buy”? I’m not convinced. It feels…off. Like a slightly too-enthusiastic salesperson. I’ve learned to distrust enthusiasm.
Priced at 25 times earnings, it wouldn’t be outrageous if this company were really taking off. If sales were soaring, profit margins expanding, and earnings growing faster than a weed in July. But that’s not what’s happening. Earnings growth was a modest 11%, and for the year-to-date, they’re still in the red. It’s like buying a used car that looks shiny but has a questionable engine.
That said, free cash flow is strong – 87% of reported net profit, which is…reassuring. They also have a decent amount of cash on hand, and their contract R&D business is doing well. The spintronic technology itself is interesting, though I’ll admit, I mostly just picture tiny magnets. It’s not a compelling valuation, but it’s not a disaster, either. It’s just…quietly adequate.
At the very least, it’s a company worth watching. Not because I think it’s going to make me rich, but because it’s a reminder that sometimes, the most interesting stories are the ones that fly under the radar. And because, frankly, I’m a little bit bored with all the hype surrounding everything else.
Read More
- 39th Developer Notes: 2.5th Anniversary Update
- TON PREDICTION. TON cryptocurrency
- Bitcoin’s Bizarre Ballet: Hyper’s $20M Gamble & Why Your Grandma Will Buy BTC (Spoiler: She Won’t)
- The 10 Most Beautiful Women in the World for 2026, According to the Golden Ratio
- TV Leads Dropped After Leaked Demanding Rider Lists
- Gold Rate Forecast
- Actors Who Jumped Ship from Loyal Franchises for Quick Cash
- Here Are the Best TV Shows to Stream this Weekend on Paramount+, Including ‘48 Hours’
- MARTY SUPREME Was Supposed To End As A Vampire Flick
- Senate’s Crypto Bill: A Tale of Delay and Drama 🚨
2026-01-22 18:43