B+
Bull case
25%
Probability
Target price
$82.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
NVEC
NVEDNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
Management expects medical and defense sales to recover and second-half fiscal revenue to be consistent with the first half. New sensors and stronger distributor sales could diversify demand; the balance sheet held about $44.4 million of cash and marketable securities at September 30.
Posture
Defensive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +1.9.
What can break
Defense sales are exposed to procurement timing; management reported a 95% fiscal-Q2 decline. [#EARNINGS-TRANSCRIPT-2027Q2] Earnings-call transcript
Momentum
55
Value
51
Sentiment
46
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $63.00 · Bull $82.00 · Bear $49.00Analysis 2026-10-23; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-26
Investment thesis
As of 2026-10-26
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Why
Momentum55 · Δ7d -26.4
Value51 · Δ7d +1.9
Sentiment46 · Δ7d -1.6
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta +1.9.
Contradictions & invalidation
- • Defense sales are exposed to procurement timing; management reported a 95% fiscal-Q2 decline. [#EARNINGS-TRANSCRIPT-2027Q2] Earnings-call transcript
- • Large-customer concentration and medical-device inventory adjustments can make orders volatile. [#EARNINGS-TRANSCRIPT-2027Q2] Earnings-call transcript
- • The 8% quarterly revenue decline sharply contrasts with 36% first-half growth.
Catalyst clock
2026-11-30
November dividend payment
Lead driver: Value · See fundamentals
Momentum
55
8% active weight
Current posture
7d trendSoftening
Δ7d
-26.4
Δ21d
-0.9
Value
51
47% active weight
Current posture
7d trendImproving
Δ7d
+1.9
Δ21d
+2.0
Sentiment
46
45% active weight
Current posture
7d trendSoftening
Δ7d
-1.6
Δ21d
+4.5
Why this grade
Composite grade D. Momentum 54.6 / Value 51.0 / Sentiment 46.1
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$63.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$49.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-26
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$366.02M
Beta
1.23
Shares Out
4.84M
P/E (TTM)
21.9
P/S (TTM)
12.23
P/FCF (TTM) · Derived
-97.17
Rev YoY
+80.7%
EPS YoY
+78.6%
Gross Margin
+79.3%
Op Margin
+62.1%
Net Debt
-$18.93M
Current Ratio
23.72
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data