Everspin Technologies Inc (MRAM)
NASDAQ:MRAM
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MRAM Stock Chart & Stats
$12.37
-$0.11(-1.69%)
At close: 4:00 PM EST
$12.37
-$0.11(-1.69%)
Day’s Range― - ―
52-Week Range$5.70 - $51.50
Previous CloseN/A
Volume16.94K
Average Volume (3M)5.46M
Market Cap
$572.36M
Enterprise Value$581.05M
Total Cash (Recent Filing)$40.49M
Total Debt (Recent Filing)$3.00M
Price to Earnings (P/E)2269.0
Beta1.81
Next Earnings
Aug 06, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding23,447,577
10 Day Avg. Volume2,323,816
30 Day Avg. Volume5,461,610
Financial Highlights & Ratios
PEG Ratio2.08
Price to Book (P/B)3.04
Price to Sales (P/S)3.79
P/FCF Ratio67.08
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue10.21
Enterprise Value/Gross Profit19.81
Enterprise Value/Ebitda168.37
Forecast
1Y Price Target
$18.00Price Target Upside45.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.08
Revenue Forecast (FY)$59.55M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage and a meaningful cash/equity base provide durable financial flexibility to absorb cyclical swings, fund multi-year capital commitments (foundry setup, Chandler improvements) and support operations during product qualification periods without stressing solvency.
Product Revenue GrowthSustained MRAM sales growth and recurring product shipments indicate durable end-market adoption and successful design-win conversions across industrial, networking and storage segments, enabling scale economies that should support gross-margin sustainability as volumes increase.
Strategic Manufacturing PartnershipsA long-term foundry pact plus a $40M Navy subcontract create onshore capacity redundancy and contractual demand visibility, strengthening supply resilience, lowering customer concentration and enabling capacity scaling to capture larger MRAM TAM over multiple years.
Bears Say
Inconsistent ProfitabilityEarnings have swung between profit and loss over recent years, leaving operating profitability inconsistent. This volatility raises execution risk for sustaining long-term returns and complicates reinvestment planning during multi-year product ramps and capacity spend.
Weakened Cash GenerationNegative free cash flow and a deterioration trend impair the firm's ability to self-fund growth. Elevated CapEx for foundry ramp and reimbursements, plus working-capital swings, increase reliance on external financing or drawdown of reserves to support long-term commercialization.
Persistent Litigation & Rising OpExOngoing legal costs and higher compensation/professional fees are recurring drags on GAAP results and cash. Sustained litigation and elevated OpEx reduce funds available for R&D and capacity expansion, adding uncertainty to margin recovery and long-term profitability timelines.
Everspin Technologies News
MRAM FAQ
What was Everspin Technologies Inc’s price range in the past 12 months?
Everspin Technologies Inc lowest stock price was $5.70 and its highest was $51.50 in the past 12 months.
What is Everspin Technologies Inc’s market cap?
Everspin Technologies Inc’s market cap is $572.36M.
When is Everspin Technologies Inc’s upcoming earnings report date?
Everspin Technologies Inc’s upcoming earnings report date is Aug 06, 2026 which is in 51 days.
How were Everspin Technologies Inc’s earnings last quarter?
Everspin Technologies Inc released its earnings results on Apr 29, 2026. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of $0.005 by -$0.015.
Is Everspin Technologies Inc overvalued?
According to Wall Street analysts Everspin Technologies Inc’s price is currently Undervalued.
Does Everspin Technologies Inc pay dividends?
Everspin Technologies Inc does not currently pay dividends.
What is Everspin Technologies Inc’s EPS estimate?
Everspin Technologies Inc’s EPS estimate is -0.01.
How many shares outstanding does Everspin Technologies Inc have?
Everspin Technologies Inc has 23,447,577 shares outstanding.
What happened to Everspin Technologies Inc’s price movement after its last earnings report?
Everspin Technologies Inc reported an EPS of -$0.01 in its last earnings report, missing expectations of $0.005. Following the earnings report the stock price went up 38.59%.
Which hedge fund is a major shareholder of Everspin Technologies Inc?
Currently, no hedge funds are holding shares in MRAM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Everspin Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (45.51% Upside)
$18.00 (45.51% Upside)
Blogger Sentiment
Neutral
MRAM Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 236.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.3%
Last 30 Days ▲ 44.4%
Last 30 Days ▲ 44.4%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
387.74%
12-Months-Change
Fundamentals
Return on Equity
0.42%
Trailing 12-Months
Asset Growth
3.69%
Trailing 12-Months
Company Description
Everspin Technologies Inc
Everspin Technologies, Inc. is a global provider specializing in the development and distribution of advanced magnetoresistive random access memory (MRAM) products. The company's market reach extends across various international regions, including key territories like the United States, Hong Kong, Japan, China, and Canada. Its comprehensive product line encompasses Toggle MRAM, spin-transfer torque MRAM (STT-MRAM), and tunnel magneto resistance (TMR) sensor components, alongside offering foundry services for embedded MRAM solutions. These high-performance memory devices are deployed in a wide array of demanding applications, serving sectors such as data centers, industrial automation, medical technology, automotive and transportation systems, and the aerospace industry. Everspin supplies its offerings to both original equipment manufacturers (OEMs) and original design manufacturers (ODMs) through a combination of direct sales efforts and a robust network of representatives and distributors. The company, which was founded in 2008, is headquartered in Chandler, Arizona.
MRAM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights solid product-driven revenue growth (total revenue +14% YoY; MRAM product sales +28% YoY), strong gross margins (>50%), important strategic partnerships (Microchip foundry agreement) and a new $40M subcontract that adds defense revenue potential. However, near-term headwinds include meaningful litigation costs, reduced operating cash flow, a decline in licensing revenue, elevated CapEx for capacity expansion, and uncertainty around the timing and recognition of the new subcontract revenue. UNISYST provides meaningful long-term TAM expansion (~$3B) but will take time to contribute materially. On balance the call presents more material operational and strategic positives supported by improving product sales and margins, while calling out manageable but nontrivial near-term financial and timing risks.View all MRAM earnings summariesMRAM Stock 12 Month Forecast
Average Price Target
$18.00
▲(45.51% Upside)
Technical Analysis
Ownership Overview
7.16% Insiders
5.58% Mutual Funds
16.35% Other Institutional Investors
66.33% Public Companies and Individual Investors
Options Prices
Currently, No data available
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