NASDAQ:MRAM Everspin Technologies 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. $5.19 -0.35 (-6.32%) (As of 06/28/2022 04:00 PM ET) Add Compare Share Today's Range$5.15▼$5.7050-Day Range$5.14▼$7.6252-Week Range$5.06▼$14.36Volume103,156 shsAverage Volume204,005 shsMarket Capitalization$103.97 millionP/E Ratio15.73Dividend YieldN/APrice Target$13.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™1.89 out of 5 starsBusiness Services Sector257th out of 468 stocksSemiconductors & Related Devices Industry81st out of 124 stocksAnalyst Opinion: 2.0Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 - 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Everspin Technologies has a forecasted upside of 150.5% from its current price of $5.19.Amount of Analyst CoverageEverspin Technologies has received no research coverage in the past 90 days. Previous Next 4.5 Community Rank Outperform VotesEverspin Technologies has received 260 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEverspin Technologies has received 127 “underperform” votes. (Add your “underperform” vote.)Community SentimentEverspin Technologies has received 67.18% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Everspin Technologies and other stocks. Vote “Outperform” if you believe MRAM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRAM will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 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 $63,600.00 in company stock.Percentage Held by InsidersOnly 4.13% of the stock of Everspin Technologies is held by insiders.Percentage Held by Institutions54.57% 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 15.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 15.73, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 17.46.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 3.73. 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)Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM. The company provides its products for applications, including data center, industrial, medical, automotive/transportation, and aerospace markets. It serves original equipment 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.Read More MRAM Stock News HeadlinesJune 22, 2022 | markets.businessinsider.comAXCELIS TO PARTICIPATE IN THE 14TH ANNUAL CEO SUMMITJune 22, 2022 | americanbankingnews.comEverspin Technologies (NASDAQ:MRAM) and NeoMagic (OTCMKTS:NMGC) Head-To-Head ComparisonJune 17, 2022 | finance.yahoo.comEmbedded World Fair: Menta and Everspin Technologies will demonstrate an innovative collaboration with MRAM and eFPGAJune 15, 2022 | finance.yahoo.comEverspin to Showcase New STT-MRAM Products at Embedded World 2022 June 21-23, CEO to present details on IoT and FPGA focused MRAMJune 9, 2022 | finance.yahoo.comWhat Is Everspin Technologies, Inc.'s (NASDAQ:MRAM) Share Price Doing?June 7, 2022 | americanbankingnews.comEverspin Technologies, Inc. (NASDAQ:MRAM) VP Troy Winslow Sells 10,000 SharesMay 12, 2022 | seekingalpha.comEverspin Technologies Q1 2022 Earnings PreviewMay 11, 2022 | za.investing.comEverspin Technologies, Inc. Tops Q1 EPS by 9c, Offers GuidanceMay 11, 2022 | seekingalpha.comEverspin Technologies, Inc. (MRAM) CEO Sanjeev Aggarwal on Q1 2022 Results - Earnings Call TranscriptMay 11, 2022 | finance.yahoo.comEverspin Reports Unaudited First Quarter 2022 Financial ResultsMay 9, 2022 | finance.yahoo.comEverspin Technologies' (NASDAQ:MRAM) Returns On Capital Are Heading HigherApril 27, 2022 | finance.yahoo.comEverspin to Host First Quarter 2022 Earnings Call on May 11th, 2022April 26, 2022 | finance.yahoo.comMagneto Resistive RAM (MRAM) Market Projected to Touch USD 1396.7 Million at a CAGR of 18.58% by 2027 - Report by Market Research Future (MRFR)See More Headlines Industry, 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/ACompany Calendar Last Earnings5/11/2022Today6/28/2022Next Earnings (Estimated)8/11/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$13.00 High Stock Price Forecast$13.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+150.5%Consensus RatingStrong Buy Rating Score (0-4)4 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.329990 Trailing P/E Ratio15.73 Forward P/E RatioN/A P/E GrowthN/ANet Income$4.34 million Net Margins11.38% Pretax Margin11.37% Return on Equity27.52% Return on Assets17.78% Debt Debt-to-Equity Ratio0.03 Current Ratio4.33 Quick Ratio3.60 Sales & Book Value Annual Sales$55.15 million Price / Sales1.89 Cash Flow$0.28 per share Price / Cash Flow18.84 Book Value$1.39 per share Price / Book3.73Miscellaneous Outstanding Shares20,033,000Free Float19,206,000Market Cap$103.97 million OptionableNot Optionable Beta1.25 Everspin Technologies Frequently Asked Questions Should I buy or sell Everspin Technologies stock right now? 1 Wall Street equities 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 equities research analysts is that investors should "strong buy" Everspin Technologies stock. View analyst ratings for Everspin Technologies or view top-rated stocks. What is Everspin Technologies' stock price forecast for 2022? 1 equities research analysts have issued 1 year target prices for Everspin Technologies' stock. Their MRAM stock forecasts range from $13.00 to $13.00. On average, they predict Everspin Technologies' stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 150.5% from the stock's current price. View analysts' price targets for Everspin Technologies or view top-rated stocks among Wall Street analysts. How has Everspin Technologies' stock price performed in 2022? Everspin Technologies' stock was trading at $11.30 at the beginning of the year. Since then, MRAM stock has decreased by 54.1% and is now trading at $5.19. View the best growth stocks for 2022 here. Are investors shorting Everspin Technologies? Everspin Technologies saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 241,100 shares, a drop of 40.4% from the May 15th total of 404,200 shares. Based on an average daily trading volume, of 143,500 shares, the short-interest ratio is currently 1.7 days. Currently, 1.5% of the shares of the company are sold short. View Everspin Technologies' Short Interest. When is Everspin Technologies' next earnings date? Everspin Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for Everspin Technologies. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) issued its earnings results on Wednesday, May, 11th. The business services provider reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.11. The business services provider had revenue of $14.35 million for the quarter. Everspin Technologies had a net margin of 11.38% and a trailing twelve-month return on equity of 27.52%. View Everspin Technologies' earnings history. What guidance has Everspin Technologies issued on next quarter's earnings? Everspin Technologies updated its second quarter 2022 earnings guidance on Wednesday, June, 8th. The company provided earnings per share (EPS) guidance of -$0.06-0 for the period, compared to the consensus estimate of $0.05. The company issued revenue guidance of $13.60 million-$14.60 million, compared to the consensus revenue estimate of $14.50 million. Who are Everspin Technologies' key executives? Everspin Technologies' management team includes the following people: Mr. Darin G. Billerbeck, Exec. Chairman (Age 62, Pay $1.05M) (LinkedIn Profile)Dr. Sanjeev Aggarwal Ph.D., Pres, CEO & Director (Age 55, Pay $477.56k) (LinkedIn Profile)Mr. Anuj Aggarwal, Chief Financial Officer (Age 42, Pay $813.95k)Mr. Amit Shah, VP of OperationsMr. Kerry Nagel, VP of TechnologyDavid Schrenk, VP of Sales & Bus. Devel.Ms. Aparna Oka, Corp. Controller What is Kevin Conley's approval rating as Everspin Technologies' CEO? 5 employees have rated Everspin Technologies CEO Kevin Conley on Glassdoor.com. Kevin Conley has an approval rating of 79% among Everspin Technologies' employees. Who are some of Everspin Technologies' key competitors? Some companies that are related to Everspin Technologies include FTC Solar (FTCI), Valens Semiconductor (VLN), Meta Materials (MMAT), ReneSola (SOL), Rockley Photonics (RKLY), SkyWater Technology (SKYT), AXT (AXTI), Arteris (AIP), Transphorm (TGAN), POET Technologies (POETF), NVE (NVEC), Atomera (ATOM), POET Technologies (POET), Ascent Solar Technologies (ASTI) and Beam Global (BEEM). View all of MRAM's competitors. 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), Square (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 IPO 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 AIGH Capital Management LLC (6.44%), Vanguard Group Inc. (3.69%), Worth Venture Partners LLC (1.60%), Acadian Asset Management LLC (1.37%), Renaissance Technologies LLC (1.35%) and EAM Investors LLC (1.08%). Company insiders that own Everspin Technologies stock include Aparna Oka, Darin G Billerbeck, Kevin Conley, Michael B Gustafson, Sanjeev Aggarwal, Stephen Socolof and Troy Winslow. View institutional ownership trends for Everspin Technologies. Which major investors are selling Everspin Technologies stock? MRAM stock was sold by a variety of institutional investors in the last quarter, including AIGH Capital Management LLC, EAM Investors LLC, Engineers Gate Manager LP, Worth Venture Partners LLC, Goldman Sachs Group Inc., UBS Group AG, Northern Trust Corp, and Simplex Trading LLC. Company insiders that have sold Everspin Technologies company stock in the last two years include Aparna Oka, Darin G Billerbeck, Michael B Gustafson, Sanjeev Aggarwal, Stephen Socolof, and Troy Winslow. View insider buying and selling activity for Everspin Technologies or view top insider-selling stocks. Which major investors are buying Everspin Technologies stock? MRAM stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Acadian Asset Management LLC, Royal Bank of Canada, Group One Trading L.P., Navellier & Associates Inc., Bank of New York Mellon Corp, Artemis Wealth Advisors LLC, and Renaissance Technologies LLC. View insider buying and selling activity for Everspin Technologies or or view top insider-buying stocks. How do I buy shares of Everspin Technologies? 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. Compare Top Brokerages Here. What is Everspin Technologies' stock price today? One share of MRAM stock can currently be purchased for approximately $5.19. How much money does Everspin Technologies make? Everspin Technologies (NASDAQ:MRAM) has a market capitalization of $103.97 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 $0.329990 on an earnings per share basis. How many employees does Everspin Technologies have? Everspin Technologies employs 75 workers across the globe. How can I contact Everspin Technologies? Everspin Technologies' mailing address is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. The official website for Everspin Technologies 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 6/29/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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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