NVE Shares Soar 1.36% on Robust Earnings, Dividend

NVE(NVEC) shares surged 1.36% today, reaching their highest level since February 2025, with an intraday gain of 3.17%.

The strategy of buying NVEC shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 5-year CAGR of 6.59%. While the strategy capitalized on the stock's momentum, the relatively low CAGR suggests that the returns were more modest compared to other potential strategies.

NVE Corporation has recently reported robust revenue growth and profitability improvements, which have positively impacted investor sentiment. The company's strategic planning for significant capital expenditures for future expansion has also been well-received by the market. Additionally, the announcement of a fourth quarter dividend of US$1.00 on May 10 and the release of full year 2025 earnings with an EPS of US$3.12 have further bolstered investor confidence. These developments collectively contribute to the upward trend in NVE's stock price.