Everspin Technologies Stock Forecast, Price & News

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Everspin Technologies saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 221,600 shares, an increase of 78.1% from the July 29th total of 124,400 shares. Based on an average daily trading volume, of 103,900 shares, the short-interest ratio is currently 2.1 days. Approximately 1.5% of the shares of the company are sold short.
View Everspin Technologies' Short Interest.

Everspin Technologies is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Everspin Technologies.

Everspin Technologies, Inc. (NASDAQ:MRAM) posted its quarterly earnings data on Thursday, August, 12th. The business services provider reported $0.01 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.09) by $0.10. The business services provider earned $11.85 million during the quarter. Everspin Technologies had a negative trailing twelve-month return on equity of 31.23% and a negative net margin of 13.48%.
View Everspin Technologies' earnings history.

Everspin Technologies' stock was trading at $2.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRAM stock has increased by 198.7% and is now trading at $6.72.
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Everspin Technologies issued an update on its third quarter 2021 earnings guidance on Thursday, September, 9th. The company provided EPS guidance of $-0.070-$-0.040 for the period, compared to the Thomson Reuters consensus estimate of $-0.040. The company issued revenue guidance of $11.70 million-$12.70 million, compared to the consensus revenue estimate of $12.05 million.

5 employees have rated Everspin Technologies CEO Kevin Conley on Glassdoor.com. Kevin Conley has an approval rating of 79% among Everspin Technologies' employees.

Some companies that are related to Everspin Technologies include Kopin (KOPN), ReneSola (SOL), NeoPhotonics (NPTN), NVE (NVEC), AXT (AXTI), Ebang International (EBON), Live Oak Acquisition Corp. II (LOKB), Pixelworks (PXLW), ACE Convergence Acquisition (ACEV), POET Technologies (POETF), Ascent Solar Technologies (ASTI), EMCORE (EMKR), Applied Optoelectronics (AAOI), VIA optronics (VIAO) and Beam Global (BEEM).
View all of MRAM's competitors.

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), Square (SQ), Editas Medicine (EDIT), Freeport-McMoRan (FCX), CRISPR Therapeutics (CRSP), Akoustis Technologies (AKTS), Lumentum (LITE) and Plug Power (PLUG).

(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 served as the underwriters for the IPO and Canaccord Genuity and Craig-Hallum Capital Group were co-managers.

Everspin Technologies trades on the NASDAQ under the ticker symbol "MRAM."

Everspin Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Mutual of America Capital Management LLC (1.70%), Royal Bank of Canada (1.03%), Renaissance Technologies LLC (0.81%), Geode Capital Management LLC (0.54%), Morgan Stanley (0.26%) and Morgan Stanley (0.26%). Company insiders that own Everspin Technologies stock include Aparna Oka, Darin G Billerbeck, Kevin Conley, Sanjeev Aggarwal and Troy Winslow.
View institutional ownership trends for Everspin Technologies.

MRAM stock was sold by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, Renaissance Technologies LLC, Mutual of America Capital Management LLC, Algert Global LLC, JPMorgan Chase & Co., PDT Partners LLC, Dimensional Fund Advisors LP, and Bank of New York Mellon Corp. Company insiders that have sold Everspin Technologies company stock in the last year include Aparna Oka, Darin G Billerbeck, Sanjeev Aggarwal, and Troy Winslow.
View insider buying and selling activity for Everspin Technologies or view top insider-selling stocks.

MRAM stock was acquired by a variety of institutional investors in the last quarter, including QS Investors LLC, State Street Corp, Citadel Advisors LLC, Cutter & CO Brokerage Inc., Morgan Stanley, Morgan Stanley, Geode Capital Management LLC, and Royal Bank of Canada.
View insider buying and selling activity for Everspin Technologies or or view top insider-buying stocks.

Shares of MRAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MRAM stock can currently be purchased for approximately $6.72.

Everspin Technologies has a market capitalization of $129.51 million and generates $42.03 million in revenue each year. The business services provider earns $-8,510,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis.

Everspin Technologies employs 76 workers across the globe.

The official website for Everspin Technologies is www.everspin.com.

Everspin Technologies is headquartered at 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226.

Everspin Technologies' mailing address is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. The business services provider can be reached via phone at (480) 347-1111.