Everspin Tech (NASDAQ:MRAM) Releases Q4 2026 Earnings Guidance

Key Points

• Everspin raised or updated its Q4 2026 guidance, projecting earnings per share of $0.13–$0.18 and revenue of $21.5 million–$22.5 million, both above analyst consensus estimates.
• MRAM shares fell 5.7% to $13.61, while analysts maintained a consensus “Hold” rating and a $22 average price target; individual targets ranged from $19 to $25.
• Company insiders sold shares during the quarter, including CFO William Cooper and VP Sean Michael Dougherty, with insiders selling 30,378 shares worth approximately $579,612 overall.

Everspin Tech (NASDAQ:MRAM - Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.130-0.180 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $21.5 million-$22.5 million, compared to the consensus revenue estimate of $20.9 million.

Everspin Tech Trading Down 5.7%

MRAM stock traded down $0.82 during trading on Friday, hitting $13.61. 78,270 shares of the stock traded hands, compared to its average volume of 1,668,898. Everspin Tech has a one year low of $7.35 and a one year high of $51.50. The company has a 50 day simple moving average of $15.97 and a 200 day simple moving average of $16.67. The stock has a market cap of $331.40 million, a price-to-earnings ratio of -34.12 and a beta of 1.88.

Analysts Set New Price Targets

A number of brokerages recently commented on MRAM. Weiss Ratings lowered Everspin Tech from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, August 25th. Needham & Company LLC boosted their price objective on shares of Everspin Tech from $18.50 to $19.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Maxim Group began coverage on Everspin Tech in a report on Monday, October 12th. They set a "buy" rating and a $25.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $22.00.

Insider Activity at Everspin Tech

In other news, CFO William Cooper sold 3,115 shares of Everspin Tech stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $19.08, for a total value of $59,434.20. Following the sale, the chief financial officer directly owned 154,626 shares in the company, valued at $2,950,264.08. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Sean Michael Dougherty sold 7,691 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $19.08, for a total transaction of $146,744.28. Following the transaction, the vice president owned 100,028 shares of the company's stock, valued at $1,908,534.24. The trade was a 7.14% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 30,378 shares of company stock valued at $579,612. 6.30% of the stock is owned by insiders.

About Everspin Tech

Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products. Its nonvolatile memory solutions retain data when power is removed and are designed for applications that require fast performance, high endurance and reliable data retention.

The company offers MRAM products based on toggle and spin-transfer torque (STT) technologies, including parallel and serial-interface memory devices, as well as higher-density solutions for embedded and storage applications.

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