NASDAQ:MRAM Everspin Technologies - MRAM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Everspin Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $6.90 +0.23 (+3.45%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.62▼$6.9950-Day Range$5.25▼$6.9652-Week Range$4.71▼$11.51Volume40,963 shsAverage Volume71,548 shsMarket Capitalization$140.35 millionP/E Ratio15.33Dividend YieldN/APrice Target$11.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Everspin Technologies MarketRank™ ForecastAnalyst RatingStrong Buy4.00 Rating ScoreUpside/Downside59.4% Upside$11.00 Price TargetShort InterestHealthy1.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.94Based on 2 Articles This WeekInsider TradingSelling Shares$44,676 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.94 out of 5 starsBusiness Services Sector213th out of 327 stocksSemiconductors & Related Devices Industry54th out of 92 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, Everspin Technologies has a forecasted upside of 59.4% from its current price of $6.90.Amount of Analyst CoverageEverspin Technologies has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.33% of the float of Everspin Technologies has been sold short.Short Interest Ratio / Days to CoverEverspin Technologies has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everspin Technologies has recently decreased by 3.25%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldEverspin Technologies does not currently pay a dividend.Dividend GrowthEverspin Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRAM. Previous Next 3.3 News and Social Media Coverage News SentimentEverspin Technologies has a news sentiment score of 0.94. 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 higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Everspin Technologies this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for MRAM on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows2 people have added Everspin Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Everspin Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,676.00 in company stock.Percentage Held by InsidersOnly 4.13% of the stock of Everspin Technologies is held by insiders.Percentage Held by Institutions41.91% of the stock of Everspin Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Everspin Technologies is 15.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 15.33, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 257.61.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 4.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Everspin Technologies (NASDAQ:MRAM) StockEverspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products include Toggle MRAM, Spin-transfer Torque MRAM, TMR Sensors, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, AZ.Read More Receive MRAM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everspin Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MRAM Stock News HeadlinesJanuary 30, 2023 | marketwatch.comMRAM Market Expanding Existing Industry Status by Topmost Players : Everspin Technologies, Avalanche Technology, Honeywell, RenesasJanuary 23, 2023 | finance.yahoo.comInvesting in Everspin Technologies (NASDAQ:MRAM) three years ago would have delivered you a 38% gainFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 9, 2023 | finance.yahoo.comEverspin Technologies to Participate in the 25th Annual Needham Growth ConferenceNovember 30, 2022 | finance.yahoo.comEverspin Announces That Rimac Technology Has Selected Its 256Kbit MRAM For Their All-Electric Nevera Sports CarNovember 28, 2022 | finance.yahoo.comIs There Now An Opportunity In Everspin Technologies, Inc. (NASDAQ:MRAM)?November 21, 2022 | finance.yahoo.comEverspin Explores Domestic Trusted Manufacturing ExpansionNovember 18, 2022 | forbes.comMarvell CXL Platorm, Everspin SST-MRAM And Weebit SkyWater ChipFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 11, 2022 | finance.yahoo.comEverspin Technologies, Inc. (NASDAQ:MRAM) Shares Could Be 40% Below Their Intrinsic Value EstimateNovember 10, 2022 | seekingalpha.comEverspin Technologies, Inc. (MRAM) Q3 2022 Earnings Call TranscriptNovember 9, 2022 | finance.yahoo.comEverspin Reports Unaudited Third Quarter 2022 Financial ResultsNovember 2, 2022 | finance.yahoo.comEverspin Announces Commercial Availability of Its EMxxLX STT-MRAM DevicesNovember 1, 2022 | finance.yahoo.comEverspin Technologies Joins the Global Semiconductor AllianceOctober 25, 2022 | finance.yahoo.comEverspin to Host Third Quarter 2022 Earnings Call on November 9, 2022October 19, 2022 | finance.yahoo.comEverspin Signs Contract to Provide MRAM IP, Design and Manufacturing Services for Strategic Radiation Hardened FPGA Technology.October 17, 2022 | finance.yahoo.comWe Like Everspin Technologies' (NASDAQ:MRAM) Returns And Here's How They're TrendingSeptember 29, 2022 | marketwatch.comSTT-MRAM Chips Market Size and Growth Comprehend by SWOT Analysis, Risk, Manufactures, Types, End Users, Developments, Drivers and Forecast to 2028September 20, 2022 | seekingalpha.comMRAM Everspin Technologies, Inc.September 16, 2022 | nasdaq.comWhile institutions own 21% of Everspin Technologies, Inc. (NASDAQ:MRAM), individual investors are its largest shareholders with 47% ownershipSeptember 15, 2022 | finance.yahoo.comWill Weakness in Everspin Technologies, Inc.'s (NASDAQ:MRAM) Stock Prove Temporary Given Strong Fundamentals?August 16, 2022 | finance.yahoo.comThe 42% return this week takes Everspin Technologies' (NASDAQ:MRAM) shareholders one-year gains to 70%August 12, 2022 | markets.businessinsider.comNasdaq Jumps Over 200 Points; CS Disco Shares PlungeAugust 11, 2022 | seekingalpha.comEverspin Technologies, Inc. (MRAM) CEO Sanjeev Aggarwal on Q2 2022 Results - Earnings Call TranscriptAugust 11, 2022 | finance.yahoo.comEverspin Reports Unaudited Second Quarter 2022 Financial ResultsAugust 2, 2022 | finance.yahoo.comEverspin Announces New STT-MRAM EM128LX xSPI Memory.July 28, 2022 | finance.yahoo.comEverspin to Host Second Quarter 2022 Earnings Call on August 11th, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MRAM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everspin Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MRAM Company Calendar Last Earnings11/09/2022Today2/01/2023Next Earnings (Estimated)3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:MRAM CUSIPN/A CIK1438423 Webwww.everspin.com Phone(480) 347-1111FaxN/AEmployees75Year FoundedN/APrice Target and Rating Average Stock Price Forecast$11.00 High Stock Price Forecast$13.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+59.4%Consensus RatingStrong Buy Rating Score (0-4)4.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.45 Trailing P/E Ratio15.33 Forward P/E RatioN/A P/E GrowthN/ANet Income$4.34 million Net Margins14.68% Pretax Margin14.57% Return on Equity28.84% Return on Assets20.22% Debt Debt-to-Equity RatioN/A Current Ratio4.03 Quick Ratio3.31 Sales & Book Value Annual Sales$55.15 million Price / Sales2.54 Cash Flow$0.29 per share Price / Cash Flow23.54 Book Value$1.39 per share Price / Book4.96Miscellaneous Outstanding Shares20,340,000Free Float19,503,000Market Cap$140.35 million OptionableNot Optionable Beta1.37 Key ExecutivesSanjeev AggarwalPresident, Chief Executive Officer & DirectorAmit ShahVice President-OperationsAnuj AggarwalChief Financial & Accounting OfficerYong KimVice President-EngineeringKerry NagelVice President-TechnologyKey CompetitorsAllot CommunicationsNASDAQ:ALLTRCM TechnologiesNASDAQ:RCMTStarbox GroupNASDAQ:STBXZentekNASDAQ:ZTEKADS-TEC EnergyNASDAQ:ADSEView All CompetitorsInsiders & InstitutionsDarin G BillerbeckSold 3,637 sharesTotal: $22,949.47 ($6.31/share)Alpha Paradigm Partners LLCBought 16,315 shares on 11/16/2022Ownership: 0.080%Vanguard Group Inc.Bought 4,069 shares on 11/15/2022Ownership: 3.639%BlackRock Inc.Sold 2,274 shares on 11/15/2022Ownership: 1.378%State Street CorpBought 4,900 shares on 11/15/2022Ownership: 0.246%View All Insider TransactionsView All Institutional Transactions MRAM Stock - Frequently Asked Questions Should I buy or sell Everspin Technologies stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" MRAM shares. View MRAM analyst ratings or view top-rated stocks. What is Everspin Technologies' stock price forecast for 2023? 1 brokerages have issued 1 year price targets for Everspin Technologies' shares. Their MRAM share price forecasts range from $9.00 to $13.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 59.4% 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 2023? Everspin Technologies' stock was trading at $5.56 on January 1st, 2023. Since then, MRAM shares have increased by 24.1% and is now trading at $6.90. View the best growth stocks for 2023 here. When is Everspin Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023. View our MRAM earnings forecast. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) released its quarterly earnings results on Wednesday, November, 9th. The business services provider reported $0.09 EPS for the quarter, beating the consensus estimate of $0.03 by $0.06. The business services provider earned $15.24 million during the quarter. Everspin Technologies had a trailing twelve-month return on equity of 28.84% and a net margin of 14.68%. What guidance has Everspin Technologies issued on next quarter's earnings? Everspin Technologies updated its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of 0-$0.05 for the period, compared to the consensus EPS estimate of $0.07. The company issued revenue guidance of $14.10 million-$15.10 million, compared to the consensus revenue estimate of $15.80 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? (MRAM) raised $46 million in an initial public offering on Friday, October 7th 2016. The company issued 3,800,000 shares at $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. What is Everspin Technologies' stock symbol? Everspin Technologies trades on the NASDAQ under the ticker symbol "MRAM." Who are Everspin Technologies' major shareholders? Everspin Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Anuj Aggarwal, Aparna Oka, Darin G Billerbeck, Michael B Gustafson, Sanjeev Aggarwal, Stephen Socolof and Troy Winslow. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Everspin Technologies' stock price today? One share of MRAM stock can currently be purchased for approximately $6.90. How much money does Everspin Technologies make? Everspin Technologies (NASDAQ:MRAM) has a market capitalization of $140.35 million and generates $55.15 million in revenue each year. The business services provider earns $4.34 million in net income (profit) each year or $0.45 on an earnings per share basis. How can I contact Everspin Technologies? Everspin Technologies' mailing address is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. The official website for the company is www.everspin.com. The business services provider can be reached via phone at (480) 347-1111. This page (NASDAQ:MRAM) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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