Everspin Tech (MRAM) Stock Price, News & Analysis

Company Overview

Everspin Technologies, Inc. (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin’s non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.

The company’s product portfolio includes discrete MRAM chips, embedded MRAM IP for integration into system-on-chip (SoC) designs and companion devices that leverage MRAM’s fast write speeds and low power consumption. Everspin’s Toggle MRAM has been widely adopted in industrial and storage controller markets, while STT-MRAM targets broader use cases in data centers, networking equipment, aerospace and automotive electronics. These memory solutions are designed to replace or complement existing technologies such as SRAM, DRAM and flash in applications requiring high reliability and rapid data access.

Headquartered in Chandler, Arizona, Everspin operates a global supply chain with wafer fabrication and assembly partnerships in North America and Asia. The company works closely with OEMs, semiconductor foundries and third-party designers to integrate MRAM into a wide array of next-generation electronics. Everspin’s ongoing research and development efforts focus on scaling MRAM density and performance to address evolving market demands for non-volatile memory in high-performance computing and edge devices.

Key Stats

• Today's Range: $11.47 to $12.00
• 50-Day Range: $5.94 to $11.39
• 52-Week Range: $4.34 to $12.27
• Volume: 175,596 shs
• Average Volume: 124,063 shs
• Market Capitalization: $253.17 million
• P/E Ratio: 158.91
• Dividend Yield: N/A
• Price Target: $8.00
• Consensus Rating: Moderate Buy

Everspin Tech Stock Analysis - MarketRank™

Everspin Tech scored higher than 27% of companies evaluated by MarketBeat, and ranked 242nd out of 317 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Everspin Tech has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Downside Risk

Everspin Tech has a consensus price target of $8.00, representing about 29.8% downside from its current price of $11.39.

Amount of Analyst Coverage

Everspin Tech has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Everspin Tech is 162.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 235.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Everspin Tech is 162.71, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 26.74.

Price to Book Value per Share Ratio

Everspin Tech has a P/B Ratio of 4.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the float of Everspin Tech has been sold short.

Short Interest Ratio / Days to Cover

Everspin Tech has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Everspin Tech has recently decreased by 3.31%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Everspin Tech does not currently pay a dividend.

Dividend Growth

Everspin Tech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.03% of the float of Everspin Tech has been sold short.

Short Interest Ratio / Days to Cover

Everspin Tech has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Everspin Tech has recently decreased by 3.31%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.23

News Sentiment

Everspin Tech has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Everspin Tech this week, compared to 2 articles on an average week.

Search Interest

17 people have searched for MRAM on MarketBeat in the last 30 days. This is an increase of 325% compared to the previous 30 days.

MarketBeat Follows

5 people have added Everspin Tech to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Everspin Tech insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $192,963.00 in company stock.

Percentage Held by Insiders

Only 6.90% of the stock of Everspin Tech is held by insiders.

Percentage Held by Institutions

44.68% of the stock of Everspin Tech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MRAM Stock Analysis - Frequently Asked Questions

How have MRAM shares performed this year?

Everspin Tech's stock was trading at $6.39 at the start of the year. Since then, MRAM stock has increased by 78.2% and is now trading at $11.39.

How were Everspin Tech's earnings last quarter?

Everspin Tech (NASDAQ:MRAM) issued its quarterly earnings results on Wednesday, February, 26th. The business services provider reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The business services provider had revenue of $13.20 million for the quarter, compared to the consensus estimate of $12.50 million. Everspin Tech had a net margin of 3.19% and a trailing twelve-month return on equity of 2.65%.
Read the conference call transcript.

When did Everspin Tech IPO?

Everspin Tech (MRAM) raised $46 million in an initial public offering on Friday, October 7th 2016. The company issued 3,800,000 shares at a price of $11.00-$13.00 per share. Stifel and Needham & Company acted as the underwriters for the IPO and Canaccord Genuity and Craig-Hallum Capital Group were co-managers.

How do I buy shares of Everspin Tech?

Shares of MRAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Everspin Tech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Everspin Tech investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Broadcom (AVGO), ServiceNow (NOW), CrowdStrike (CRWD) and Adobe (ADBE).

Company Calendar

• Last Earnings: 2/26/2025
• Today: 10/05/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:MRAM
• CIK: 1438423
• Web: www.everspin.com
• Phone: (480) 347-1111
• Fax: N/A
• Employees: 90
• Year Founded: 2008

Price Target and Rating

• Average Price Target for EVERSPIN TECH: $8.00
• High Price Target: $8.00
• Low Price Target: $8.00
• Potential Upside/Downside: -29.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.07
• Trailing P/E Ratio: 162.71
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $780 thousand
• Net Margins: 3.19%
• Pretax Margin: 2.97%
• Return on Equity: 2.65%
• Return on Assets: 2.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.87
• Quick Ratio: 4.85

Sales & Book Value

• Annual Sales: $50.40 million
• Price / Sales: 5.11
• Cash Flow: $0.11 per share
• Price / Cash Flow: 99.63
• Book Value: $2.85 per share
• Price / Book: 4.00

Miscellaneous

• Outstanding Shares: 22,620,000
• Free Float: 21,064,000
• Market Cap: $257.64 million
• Optionable: Optionable
• Beta: 0.36