NVE Corporation stock falls 4.41 percent on Nasdaq October 16, 2026

NVE Corporation stock fell 4.41 percent on Nasdaq on October 16, 2026, leaving the latest home-market price at USD 99.13. The price-earnings ratio was 26.65 on the same date, while the company remains listed under NVEC on Nasdaq, according to NVE Corporation. The latest Nasdaq price last stood at USD 99.13 on October 16, 2026 at 4:00 p.m. ET, down 4.41 percent versus the Nasdaq prior close of USD 103.70.

Valuation remains the key measure

The valuation multiple gives the market move a concrete frame. NVE Corporation's price-earnings ratio was 26.65 on October 16, 2026, alongside a market capitalization of USD 479.5 million. The company operates in semiconductors and develops spintronic sensors, couplers and related devices for industrial, scientific and medical applications.

Stock sits below its yearly high

The stock's USD 57.21 to USD 135.00 52-week range places USD 99.13 26.57 percent below the high and 73.27 percent above the low. The year-to-date gain was 73.01 percent on October 15, 2026, according to TradingView. Trading volume was 106,301 shares against an average of 148,543 shares on October 16, 2026.

Next results are dated October 21

NVE Corporation's next fiscal results were scheduled for October 21, 2026, after the Nasdaq regular-market close, with a conference call at 4:00 p.m. Central Time, ScanX reported on October 15, 2026. That date is the next scheduled corporate checkpoint for the valuation. The prior fiscal quarter ended June 30, 2026, with revenue of USD 11.03 million and net income of USD 6.39 million, figures that provide the latest operating scale.

Comparison with peers

NVEC (Nasdaq, USD): minus 4.41 percent, price-earnings ratio 26.65, market capitalization USD 479.5 million

Allegro MicroSystems (Nasdaq, USD): minus 2.29 percent, price-earnings ratio 447.88, market capitalization USD 5.9 billion

Microchip Technology (Nasdaq, USD): minus 0.55 percent, price-earnings ratio 102.43, market capitalization USD 40.1 billion

Market position and next date

NVE Corporation combines a sharp one-session decline with a valuation multiple well below the two larger semiconductor peers listed above. Its smaller USD 479.5 million market capitalization also means that the October 21 results date carries more weight for the stock's next measurable reference point.

The latest Nasdaq price last stood at USD 99.13 on October 16, 2026 at 4:00 p.m. ET, down 4.41 percent versus the Nasdaq prior close of USD 103.70.