S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:MRAM

Everspin Technologies (MRAM) Stock Price, News & Analysis

$7.57
-0.14 (-1.82%)
(As of 04/15/2024 ET)
Today's Range
$7.50
$7.65
50-Day Range
$7.57
$9.14
52-Week Range
$6.20
$10.50
Volume
89,101 shs
Average Volume
98,818 shs
Market Capitalization
$160.71 million
P/E Ratio
18.02
Dividend Yield
N/A
Price Target
$12.00

Everspin Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
58.5% Upside
$12.00 Price Target
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Everspin Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$590,033 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.98 out of 5 stars

Business Services Sector

150th out of 315 stocks

Semiconductors & Related Devices Industry

46th out of 90 stocks

MRAM stock logo

About Everspin Technologies Stock (NASDAQ:MRAM)

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

MRAM Stock Price History

MRAM Stock News Headlines

A.I. “Perfect Storm” Could Send THESE Stocks Sky High
A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.
A.I. “Perfect Storm” Could Send THESE Stocks Sky High
A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.
Everspin Technologies Inc.
Q4 2023 Everspin Technologies Inc Earnings Call
Everspin Technologies: Q4 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/15/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:MRAM
Fax
N/A
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+59.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$9.05 million
Pretax Margin
14.17%

Debt

Sales & Book Value

Annual Sales
$63.76 million
Cash Flow
$0.48 per share
Book Value
$2.57 per share

Miscellaneous

Free Float
20,164,000
Market Cap
$159.44 million
Optionable
Optionable
Beta
0.99
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Key Executives

  • Dr. Sanjeev Aggarwal Ph.D. (Age 57)
    President, CEO & Director
    Comp: $961.87k
  • Mr. Anuj Aggarwal (Age 44)
    Chief Financial Officer
    Comp: $637.73k
  • Mr. Amit Shah
    Vice President of Operations
  • Mr. Kerry Nagel
    Vice President of Technology
  • Mr. David Schrenk (Age 48)
    Vice President of Sales & Business Development
  • Ms. Aparna Oka
    Corporate Controller

MRAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Everspin Technologies stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRAM shares.
View MRAM analyst ratings
or view top-rated stocks.

What is Everspin Technologies' stock price target for 2024?

1 Wall Street analysts have issued 12 month price targets for Everspin Technologies' stock. Their MRAM share price targets range from $12.00 to $12.00. On average, they predict the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 58.5% from the stock's current price.
View analysts price targets for MRAM
or view top-rated stocks among Wall Street analysts.

How have MRAM shares performed in 2024?

Everspin Technologies' stock was trading at $9.04 on January 1st, 2024. Since then, MRAM stock has decreased by 16.3% and is now trading at $7.57.
View the best growth stocks for 2024 here
.

When is Everspin Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our MRAM earnings forecast
.

How were Everspin Technologies' earnings last quarter?

Everspin Technologies, Inc. (NASDAQ:MRAM) posted its earnings results on Wednesday, February, 28th. The business services provider reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. The business services provider earned $16.71 million during the quarter. Everspin Technologies had a trailing twelve-month return on equity of 18.96% and a net margin of 14.20%.

What guidance has Everspin Technologies issued on next quarter's earnings?

Everspin Technologies updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 0.000-0.050 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $13.5 million-$14.5 million, compared to the consensus revenue estimate of $15.6 million.

What is Kevin Conley's approval rating as Everspin Technologies' CEO?

5 employees have rated Everspin Technologies Chief Executive Officer Kevin Conley on Glassdoor.com. Kevin Conley has an approval rating of 79% among the company's employees.

What other stocks do shareholders of Everspin Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Everspin Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Block (SQ), Editas Medicine (EDIT), Freeport-McMoRan (FCX), CRISPR Therapeutics (CRSP), Akoustis Technologies (AKTS), Lumentum (LITE) and Plug Power (PLUG).

When did Everspin Technologies IPO?

Everspin Technologies (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 Technologies?

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.
Compare Top Brokerages Here.

This page (NASDAQ:MRAM) was last updated on 4/16/2024 by MarketBeat.com Staff

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