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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NASDAQ:MRAM

Everspin Technologies - MRAM Stock Forecast, Price & News

$6.90
+0.23 (+3.45%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$6.62
$6.99
50-Day Range
$5.25
$6.96
52-Week Range
$4.71
$11.51
Volume
40,963 shs
Average Volume
71,548 shs
Market Capitalization
$140.35 million
P/E Ratio
15.33
Dividend Yield
N/A
Price Target
$11.00

Everspin Technologies MarketRank™ Forecast

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
59.4% Upside
$11.00 Price Target
Short Interest
Healthy
1.33% 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
$44,676 Sold Last Quarter
Proj. Earnings Growth
N/A

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 stars

Business Services Sector

213th out of 327 stocks

Semiconductors & Related Devices Industry

54th out of 92 stocks


MRAM stock logo

About Everspin Technologies (NASDAQ:MRAM) Stock

Everspin 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.

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MRAM Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Everspin Explores Domestic Trusted Manufacturing Expansion
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
MRAM Everspin Technologies, Inc.
Nasdaq Jumps Over 200 Points; CS Disco Shares Plunge
Everspin Announces New STT-MRAM EM128LX xSPI Memory.
See More Headlines
Receive MRAM Stock News and Ratings via Email

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MRAM Company Calendar

Last Earnings
11/09/2022
Today
2/01/2023
Next Earnings (Estimated)
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:MRAM
Fax
N/A
Employees
75
Year Founded
N/A

Price 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 Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$4.34 million
Pretax Margin
14.57%

Debt

Sales & Book Value

Annual Sales
$55.15 million
Cash Flow
$0.29 per share
Book Value
$1.39 per share

Miscellaneous

Free Float
19,503,000
Market Cap
$140.35 million
Optionable
Not Optionable
Beta
1.37

Key Executives

  • Sanjeev AggarwalSanjeev Aggarwal
    President, Chief Executive Officer & Director
  • Amit Shah
    Vice President-Operations
  • Anuj Aggarwal
    Chief Financial & Accounting Officer
  • Yong Kim
    Vice President-Engineering
  • Kerry Nagel
    Vice President-Technology













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