Everspin Tech (MRAM) Set to Release Quarterly Earnings on Wednesday

Key Points

• Everspin Technologies is expected to report third-quarter 2026 earnings after market close on October 28, with analysts forecasting $0.13 in earnings per share and $20.07 million in revenue.
• MRAM shares opened at $13.21, well below their 50-day and 200-day moving averages, and have traded between $7.35 and $51.50 over the past year.
• Analyst sentiment is mixed: two firms rate the stock Buy and one rates it Sell, producing an overall Hold rating and an average price target of $22.00. Insiders have sold 30,378 shares worth approximately $579,612 over the past 90 days.

Everspin Tech (NASDAQ:MRAM - Get Free Report) is expected to be posting its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $20.07 million for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

Everspin Tech Trading Down 1.6%

Shares of MRAM opened at $13.21 on Wednesday. The firm has a market capitalization of $321.66 million, a price-to-earnings ratio of 63.90 and a beta of 1.88. The firm's fifty day simple moving average is $16.57 and its 200-day simple moving average is $19.25. Everspin Tech has a twelve month low of $7.35 and a twelve month high of $51.50.

Insider Buying and Selling

In related news, CFO William Cooper sold 3,115 shares of the company's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $19.08, for a total value of $59,434.20. Following the completion of the transaction, the chief financial officer directly owned 154,626 shares of the company's stock, valued at $2,950,264.08. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Sean Michael Dougherty sold 7,691 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $19.08, for a total transaction of $146,744.28. Following the completion of the transaction, the vice president owned 100,028 shares in the company, valued at $1,908,534.24. This represents a 7.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,378 shares of company stock worth $579,612 over the last 90 days. 6.30% of the stock is owned by insiders.

Analysts Set New Price Targets

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

About Everspin Tech

Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products for applications that require persistent data storage, fast access, high endurance and reliable operation. Unlike conventional volatile memory, MRAM retains data when power is removed, making it suitable for systems that need rapid recovery and data protection.

The company's product portfolio includes parallel and serial-peripheral-interface (SPI) MRAM, Toggle MRAM and spin-transfer torque (STT-MRAM) products.

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