Nordic Semiconductor ASA (NRSDY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nordic Semiconductor ASA (NRSDY) trades at $17.18 with AI Score 60/100 (Grade B+). Nordic Semiconductor ASA is a fabless semiconductor company specializing in ultra-low power wireless solutions for a wide range of applications. Market cap: $3.40B, Sector: Technology.
Price as of Aug 20, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for NRSDY: NRSDY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NRSDY against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
NRSDY: the 3 scored disciplines are evenly split. Dominant signal: Izzy Englander bearish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Nordic Semiconductor ASA (NRSDY) Technology Profile & Competitive Position
Nordic Semiconductor ASA designs and markets integrated circuits for short and long-range wireless applications, including Bluetooth, cellular IoT, and Zigbee. With a focus on ultra-low power solutions, the company targets diverse sectors like consumer electronics, healthcare, and industrial automation, competing with peers in the global semiconductor landscape.
What Is the Investment Thesis for NRSDY?
Nordic Semiconductor ASA presents a compelling investment case based on its strong position in the ultra-low power wireless market. The increasing demand for IoT devices and connected solutions drives growth, with Nordic's technologies enabling a wide array of applications. The company's focus on Bluetooth 5 and cellular IoT provides a competitive edge. However, investors may want to evaluate the company's relatively high P/E ratio of 121.1 and the potential impact of currency fluctuations, given its status as an ADR. Key catalysts include expansion into new IoT applications and strategic partnerships. The company's gross margin of 42.1% indicates solid profitability, but the net profit margin of 2.4% suggests areas for improvement.
Based on FMP financials and quantitative analysis
NRSDY Key Highlights
Market capitalization of $3.40B reflects investor confidence in Nordic Semiconductor's growth potential.
- P/E ratio of 121.1 indicates a premium valuation, suggesting high growth expectations.
- Gross margin of 42.1% demonstrates the company's ability to maintain profitability in a competitive market.
- Beta of 1.16 suggests that the stock is slightly more volatile than the overall market.
- The company's focus on ultra-low power wireless solutions positions it favorably in the expanding IoT market.
Who Are NRSDY's Competitors?
NRSDY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AIIXY Aixtron Se | $84.68 | +0.14% | $5.18B | 50 |
| AMSSY ams-OSRAM AG | $11.00 | -3.20% | $4.35B | 44 |
| ASUUY ASUSTeK Computer Inc. | $115.00 | +0.00% | $17.1B | 48 |
| AUOTY AUO Corporation | $8.23 | +0.61% | $6.21B | 49 |
| HRIBF HORIBA, Ltd. | $162.47 | +0.00% | $6.82B | 54 |
| IPGP IPG Photonics Corporation | $74.43 | -2.79% | $3.16B | 61 |
| POWI Power Integrations, Inc. | $54.56 | -2.20% | $3.04B | 66 |
| ACLS Axcelis Technologies, Inc. | $126.43 | -6.62% | $3.90B | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NRSDY's Key Strengths?
Strong expertise in ultra-low power wireless technology.
- Comprehensive product portfolio covering various wireless protocols.
- Established relationships with key customers in diverse industries.
- Strong brand reputation for quality and reliability.
What Are NRSDY's Weaknesses?
Relatively small size compared to larger semiconductor companies.
- Dependence on third-party foundries for manufacturing.
- High P/E ratio may indicate overvaluation.
- Exposure to currency fluctuations as an ADR.
What Could Drive NRSDY Stock Higher?
Increasing demand for ultra-low power wireless solutions in IoT applications.
- Expansion of Bluetooth 5 and cellular IoT technologies.
- Potential strategic partnerships with other technology companies.
- Growth in the wearables and connected healthcare markets.
- New product launches and technology innovations.
What Are the Key Risks for NRSDY?
Rich valuation — a P/E of 121.1 runs well above the Technology sector’s ~34x, leaving little room for a miss.
- Intense competition from larger semiconductor companies.
- Rapid technological advancements and evolving standards.
- Economic downturns impacting demand for consumer electronics and industrial products.
- Supply chain disruptions affecting component availability and costs.
- Currency fluctuations impacting the value of the ADR.
What Are the Growth Opportunities for NRSDY?
- Expansion into Cellular IoT: Nordic Semiconductor's development of low power cellular IoT solutions, particularly the nRF9160 system-in-package, presents a significant growth opportunity. The cellular IoT market is projected to experience substantial growth as it enables a wider range of connected devices with enhanced range and reliability. By focusing on this area, Nordic Semiconductor can capitalize on the increasing demand for cellular connectivity in IoT applications, expanding its market share and revenue streams. This growth is expected to accelerate over the next 3-5 years.
- Bluetooth 5 and Direction Finding: The company's Bluetooth 5 and Bluetooth 5.1 solutions, particularly those enabling direction finding applications, offer a strong growth avenue. The demand for precise location services in various industries, including retail, healthcare, and logistics, is increasing. Nordic Semiconductor's technology allows for more accurate indoor positioning, opening up new opportunities in asset tracking, indoor navigation, and personalized marketing. This technology is expected to see increasing adoption over the next 2-3 years.
- Zigbee and Thread Solutions for Smart Homes: Nordic Semiconductor's Zigbee 3.0 and Thread solutions cater to the growing smart home market. As more consumers adopt smart home devices, the demand for reliable and interoperable wireless communication protocols increases. By offering comprehensive solutions for low-power devices in the smart home ecosystem, Nordic Semiconductor can capture a significant share of this expanding market. The smart home market is expected to continue its rapid growth trajectory over the next 5 years.
- Automotive Applications: The increasing integration of wireless technology in automotive applications presents a growth opportunity for Nordic Semiconductor. Its solutions can be used in keyless entry systems, in-car entertainment, and vehicle-to-everything (V2X) communication. As the automotive industry moves towards more connected and autonomous vehicles, the demand for reliable and low-power wireless connectivity will continue to rise, creating opportunities for Nordic Semiconductor to expand its presence in this sector. This is expected to unfold over the next 3-5 years.
- Wearables and Healthcare: The wearables market, including connected watches, jewelry, and smart clothing, represents another significant growth area for Nordic Semiconductor. The company's ultra-low power solutions are well-suited for these applications, enabling longer battery life and smaller form factors. Furthermore, the increasing adoption of connected healthcare devices, such as patient monitoring systems and drug delivery devices, creates additional opportunities for Nordic Semiconductor to leverage its expertise in low-power wireless communication. This growth is anticipated to continue over the next 3-5 years.
What Are NRSDY's Competitive Advantages?
- Expertise in ultra-low power wireless technology, providing a competitive advantage in energy-sensitive applications.
- Strong intellectual property portfolio, protecting its innovative designs and technologies.
- Established relationships with key customers in various industries, creating switching costs.
- Comprehensive product portfolio covering a wide range of wireless protocols, offering customers a one-stop solution.
- Strong brand reputation for quality and reliability in the wireless connectivity market.
What Does NRSDY Do?
Founded in 1983 and headquartered in Trondheim, Norway, Nordic Semiconductor ASA has evolved into a leading fabless semiconductor company specializing in ultra-low power wireless communication technologies. Initially focused on developing integrated circuits (ICs) for the Nordic mobile phone standard, the company strategically pivoted towards short-range wireless solutions in the late 1990s. This shift led to the development of its core expertise in Bluetooth Low Energy (BLE) and other low-power wireless protocols. Today, Nordic Semiconductor designs, develops, and sells ICs and related solutions for a broad spectrum of applications across Europe, the Americas, and the Asia/Pacific region. Its product portfolio includes ultra-low power components, Bluetooth 5 solutions, low power cellular IoT devices, Zigbee 3.0 IoT solutions, and Thread solutions. These products are utilized in diverse applications such as audio, automotive, healthcare, industrial automation, and wearables. The company provides software for system development, communication stacks, and application layer software, as well as development tools for desktops.
What Products and Services Does NRSDY Offer?
- Design and develop integrated circuits (ICs) for wireless applications.
- Offer ultra-low power components for energy-efficient devices.
- Provide Bluetooth 5 solutions for enhanced connectivity.
- Develop low power cellular IoT devices for wide-area networks.
- Offer Zigbee and Thread solutions for smart home applications.
- Provide software development kits (SDKs) for system development.
- Offer application-specific integrated circuits (ASICs) and consulting services.
How Does NRSDY Make Money?
- Nordic Semiconductor operates as a fabless semiconductor company, outsourcing manufacturing to third-party foundries.
- The company generates revenue through the sale of its integrated circuits and related solutions.
- It provides software and development tools to support its hardware offerings, creating additional value for customers.
- Nordic Semiconductor focuses on building strong relationships with its customers, providing technical support and consulting services.
What Industry Does NRSDY Operate In?
Nordic Semiconductor operates in the global semiconductor industry, which is experiencing significant growth driven by the proliferation of IoT devices, 5G technology, and increasing demand for wireless connectivity. The competitive landscape includes major players like Infineon, STMicroelectronics and Texas Instruments, as well as specialized companies focusing on specific wireless technologies. Nordic Semiconductor differentiates itself through its focus on ultra-low power solutions, targeting applications where energy efficiency is critical. The industry is characterized by rapid technological advancements and evolving standards, requiring companies to continuously innovate and adapt to maintain their competitive edge.
Who Are NRSDY's Key Customers?
- Consumer electronics manufacturers integrating wireless connectivity into their products.
- Healthcare companies developing connected medical devices.
- Industrial automation firms implementing wireless sensor networks.
- Automotive companies incorporating wireless technology into vehicles.
- Smart home device manufacturers creating connected home ecosystems.
Forward Outlook
Wall Street analysts project Nordic Semiconductor ASA revenue of about $8.13B for fiscal 2026, with EPS near $0.00. The estimate reflects 15 contributing analysts.
Financial Health
Nordic Semiconductor ASA's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 7.75 places it in the safe zone, indicating low near-term bankruptcy risk.
Key Financial Metrics
Return on equity for Nordic Semiconductor ASA stands at 4.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.0%, showing how much profit it generates from its asset base. NRSDY trades at a trailing price-to-earnings ratio of 121.07, above the Technology sector average of ~34x. Its free cash flow yield is -0.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.55 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.9%, the inverse of the P/E and a quick read on earnings relative to price.
Nordic Semiconductor ASA (NRSDY) Valuation Context
Valued at $3.40B, NRSDY is classified as a mid-cap stock. Relative to its peer group, NRSDY's quantitative score of 60/100 is above the peer average of 49/100.
NRSDY Revenue & Earnings Trend
In Q2 2026, NRSDY generated $217.9M in top-line revenue, marking a sequential increase of 13.2%. The company recorded net income of $16.4M, with diluted EPS of $0.08. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this mid-cap Technology company. Across the four most recent quarters, NRSDY averaged $0.04 in diluted EPS.
Company Profile
Nordic Semiconductor ASA operates in the Semiconductors industry within the Technology sector. It is headquartered in Trondheim, NO. The company is led by CEO Vegard Wollan. NRSDY has traded publicly since 2021.
NRSDY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong expertise in ultra-low power wireless technology.
- Comprehensive product portfolio covering various wireless protocols.
- Established relationships with key customers in diverse industries.
- Strong brand reputation for quality and reliability.
Bear Case
- Relatively small size compared to larger semiconductor companies.
- Dependence on third-party foundries for manufacturing.
- High P/E ratio may indicate overvaluation.
- Exposure to currency fluctuations as an ADR.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $218M | $16M | $0.08 |
| Q1 2026 | $192M | $11M | $0.05 |
| Q4 2025 | $170M | $4M | $0.02 |
| Q3 2025 | $179M | $851,400 | $0.0043 |
Based on FMP financials and quantitative analysis
NRSDY Latest News
No recent news available for NRSDY.
NRSDY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NRSDY.
Price Targets
Wall Street price target analysis for NRSDY.
NRSDY MoonshotScore
What does this score mean?
The MoonshotScore rates NRSDY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Vegard Wollan
Managing Director
Vegard Wollan is the Managing Director of Nordic Semiconductor ASA. Information regarding his specific career history, education, and previous roles is not available in the provided data. As the head of the company, he oversees the strategic direction and day-to-day operations of Nordic Semiconductor, managing a workforce of 1324 employees.
Track Record: Details regarding Vegard Wollan's specific achievements, strategic decisions, and company milestones under his leadership are not available in the provided data. His role involves guiding Nordic Semiconductor in the competitive semiconductor market, focusing on innovation and growth in the ultra-low power wireless sector.
Nordic Semiconductor ASA ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. NRSDY is an ADR that allows U.S. investors to invest in Nordic Semiconductor ASA, a Norwegian company, without directly dealing with foreign exchanges. The ADR is denominated in U.S. dollars, simplifying trading and settlement for U.S. investors.
- Home Market Ticker: Oslo Stock Exchange (NRSD), Norway
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: NRSD
NRSDY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the potential for limited information and lower liquidity compared to exchange-listed stocks. These companies may also be subject to less regulatory oversight.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Lower trading volume and liquidity.
- Wider bid-ask spreads.
- Potential for price volatility.
- Less regulatory oversight compared to exchange-listed stocks.
- Verify the company's financial statements and disclosures.
- Research the company's management team and track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's growth prospects and potential risks.
- Understand the regulatory environment and compliance requirements.
- Monitor trading volume and price movements.
- Consult with a financial advisor.
- Established business operations and history.
- Presence in a growing industry (semiconductors).
- Focus on innovative technologies (ultra-low power wireless).
- Partnerships with reputable companies.
- Positive media coverage and industry recognition.
Common Questions About NRSDY (Technology)
What does the AI Score mean for NRSDY?
NRSDY holds an AI Score of 60/100 (Grade: B+). This is an educational research signal, not a buy or sell recommendation. Nordic Semiconductor ASA is a fabless semiconductor company specializing in ultra-low power wireless solutions for a wide range of applications. The company's focus on Bluetooth, cellular IoT, …
What does Nordic Semiconductor ASA do?
Nordic Semiconductor ASA specializes in ultra-low power wireless communication technologies. The company designs, develops, and sells integrated circuits (ICs) and related solutions for short-range and long-range wireless applications. Its core products include Bluetooth Low Energy (BLE) solutions, cellular IoT devices, Zigbee and Thread solutions, and other low-power wireless protocols.
What do analysts say about NRSDY stock?
Analyst coverage of NRSDY is limited due to its OTC listing and ADR status. However, the company's strong position in the ultra-low power wireless market and its growth potential in IoT applications are generally viewed positively. Key valuation metrics, such as the P/E ratio, suggest a premium valuation, reflecting high growth expectations.
What are the main risks for NRSDY?
NRSDY faces several risks, including intense competition from larger semiconductor companies, rapid technological advancements, and potential economic downturns impacting demand for its products. As an ADR, the company is also exposed to currency fluctuations, which can affect the value of the investment. Additionally, the OTC listing carries risks related to limited financial disclosure, lower liquidity, and less regulatory oversight.
What are the key factors to evaluate for NRSDY?
Nordic Semiconductor ASA (NRSDY) holds an AI score of 60/100 (moderate). P/E: 121.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does NRSDY data refresh on this page?
NRSDY's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NRSDY's recent stock price performance?
Nordic Semiconductor ASA (NRSDY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong expertise in ultra-low power wireless technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NRSDY overvalued or undervalued right now?
Nordic Semiconductor ASA (NRSDY) trades at 121.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research NRSDY before investing?
Before investing in Nordic Semiconductor ASA (NRSDY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for certain aspects of the company, particularly regarding CEO background and track record.
- OTC market carries inherent risks due to lower liquidity and disclosure requirements.