MRAM vs. CSIQ, INDI, BKSY, SKYT, GILT, IMOS, KE, ICHR, AIOT, and LAES
Should you be buying EVERSPIN TECH stock or one of its competitors? The main competitors of EVERSPIN TECH include Canadian Solar (CSIQ), indie Semiconductor (INDI), BlackSky Technology (BKSY), SkyWater Technology (SKYT), Gilat Satellite Networks (GILT), Chipmos Technologies (IMOS), Kimball Electronics (KE), Ichor (ICHR), PowerFleet (AIOT), and SEALSQ (LAES). These companies are all part of the "electronic equipment" industry.
EVERSPIN TECH vs. Its Competitors
Canadian Solar (NASDAQ:CSIQ) and EVERSPIN TECH (NASDAQ:MRAM) are both small-cap electronic equipment companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, media sentiment, dividends and analyst recommendations.
52.4% of Canadian Solar shares are owned by institutional investors. Comparatively, 44.7% of EVERSPIN TECH shares are owned by institutional investors. 21.5% of Canadian Solar shares are owned by company insiders. Comparatively, 6.9% of EVERSPIN TECH shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Canadian Solar has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500. Comparatively, EVERSPIN TECH has a beta of 0.36, indicating that its stock price is 64% less volatile than the S&P 500.
Canadian Solar presently has a consensus price target of $11.89, indicating a potential downside of 23.94%. EVERSPIN TECH has a consensus price target of $8.00, indicating a potential downside of 26.34%. Given Canadian Solar's higher probable upside, equities analysts plainly believe Canadian Solar is more favorable than EVERSPIN TECH.
In the previous week, Canadian Solar had 12 more articles in the media than EVERSPIN TECH. MarketBeat recorded 14 mentions for Canadian Solar and 2 mentions for EVERSPIN TECH. EVERSPIN TECH's average media sentiment score of 0.77 beat Canadian Solar's score of 0.64 indicating that EVERSPIN TECH is being referred to more favorably in the news media.
Canadian Solar has higher revenue and earnings than EVERSPIN TECH. Canadian Solar is trading at a lower price-to-earnings ratio than EVERSPIN TECH, indicating that it is currently the more affordable of the two stocks.
EVERSPIN TECH has a net margin of 3.19% compared to Canadian Solar's net margin of -0.12%. EVERSPIN TECH's return on equity of 2.65% beat Canadian Solar's return on equity.
Summary
Canadian Solar and EVERSPIN TECH tied by winning 8 of the 16 factors compared between the two stocks.
Get EVERSPIN TECH News Delivered to You Automatically
Sign up to receive the latest news and ratings for MRAM and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding MRAM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
EVERSPIN TECH Competitors List
Related Companies and Tools
This page (NASDAQ:MRAM) was last updated on 10/16/2025 by MarketBeat.com Staff
