NASDAQ:MRAM Everspin Technologies (MRAM) Stock Price, News & Analysis → The Gold Grab of the Century (From Colonial Metals) (Ad) Free MRAM Stock Alerts $6.39 -0.12 (-1.84%) (As of 05/3/2024 08:53 PM ET) Add Compare Share Share Today's Range$6.33▼$6.8050-Day Range$6.39▼$9.1452-Week Range$6.11▼$10.50Volume214,800 shsAverage Volume99,700 shsMarket Capitalization$135.66 millionP/E Ratio17.27Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Everspin Technologies alerts: Email Address Everspin Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.8% Upside$9.00 Price TargetShort InterestHealthy0.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.18Based on 21 Articles This WeekInsider TradingSelling Shares$590,033 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.62 out of 5 starsBusiness Services Sector175th out of 312 stocksSemiconductors & Related Devices Industry56th out of 90 stocks 3.5 Analyst's Opinion Consensus RatingEverspin Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageEverspin Technologies has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.71% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everspin Technologies has recently increased by 15.39%, indicating that investor sentiment is decreasing significantly. 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 1.8 News and Social Media Coverage News SentimentEverspin Technologies has a news sentiment score of 0.18. 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 lower news sentiment than the 0.38 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Everspin Technologies this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for MRAM on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Everspin Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 $590,033.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Everspin Technologies is held by insiders.Percentage Held by Institutions44.68% 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 17.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 17.27, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 34.65.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Everspin Technologies Stock (NASDAQ:MRAM)Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRAM Stock News HeadlinesApril 24, 2024 | marketbeat.com3 Technologies to Challenge NAND Flash Dominance in AIArtificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makers trying to chip away at Nvidia Co. NASDAQ: NVDA dominance in the GPU segment to Micron Technology Inc. NASDAQ: MU NAND flash memory dominance in memory chips for data storage.April 24, 2024 | marketbeat.com3 Technologies to Challenge NAND Flash Dominance in AI (MRAM)Artificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makersMay 6, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...May 5, 2024 | americanbankingnews.comComparing Tigo Energy (NASDAQ:TYGO) & Everspin Technologies (NASDAQ:MRAM)May 3, 2024 | finance.yahoo.comEverspin Technologies First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 3, 2024 | finance.yahoo.comIs Everspin Technologies, Inc. (NASDAQ:MRAM) Trading At A 25% Discount?May 2, 2024 | stocknews.com3 Chip Stocks Trading at Attractive PricesMay 2, 2024 | markets.businessinsider.comQUALCOMM Shares Rise In Pre-Market On Upbeat Q2 ResultsMay 6, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...May 2, 2024 | marketwatch.comEverspin Technologies Shares Drop 16% After Move to 1Q LossMay 2, 2024 | finance.yahoo.comQ1 2024 Everspin Technologies Inc Earnings CallMay 2, 2024 | finance.yahoo.comEverspin Technologies, Inc. (NASDAQ:MRAM) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comEverspin Technologies Inc (MRAM) (Q1 2024) Earnings Call Transcript Highlights: Navigating ...May 1, 2024 | finance.yahoo.comEverspin Technologies Inc (MRAM) Q1 Earnings: Revenue Surpasses Estimates, Net Income Falls ShortMay 1, 2024 | businesswire.comEverspin Reports Unaudited First Quarter 2024 Financial ResultsMay 1, 2024 | markets.businessinsider.comEverspin Technologies is about to announce its earnings — here's what Wall Street expectsApril 30, 2024 | businesswire.comNext-Generation IBM FlashCore Modules Feature Everspin's PERSYST 1 Gigabit STT-MRAM, Enhancing ReliabilityApril 17, 2024 | businesswire.comEverspin Announces Date of First Quarter 2024 Financial Results Conference CallApril 17, 2024 | finance.yahoo.comWhile institutions own 36% of Everspin Technologies, Inc. (NASDAQ:MRAM), retail investors are its largest shareholders with 38% ownershipApril 9, 2024 | businesswire.comEverspin Technologies Unveils PERSYST, Simplifying Persistent Memory SolutionsApril 4, 2024 | finance.yahoo.comInsider Sell: CFO Anuj Aggarwal Disposes Shares of Everspin Technologies Inc (MRAM)April 4, 2024 | finance.yahoo.comInsider Sell: Everspin Technologies Inc (MRAM) CEO Sanjeev Aggarwal Disposes of SharesMarch 28, 2024 | uk.finance.yahoo.comNext Generation Memory Market Projected to Reach USD 24.76 Billion by 2029March 26, 2024 | finance.yahoo.com13 Best Affordable Tech Stocks To Buy According to AnalystsMarch 22, 2024 | wsj.comEverspin Technologies Inc.March 22, 2024 | finance.yahoo.comWhy Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth WatchingMarch 15, 2024 | uk.investing.comEverspin Technologies appoints semiconductor veteran to boardSee More Headlines 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 Company Calendar Last Earnings5/01/2024Today5/05/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:MRAM CUSIPN/A CIK1438423 Webwww.everspin.com Phone(480) 347-1111FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+40.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio17.27 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.05 million Net Margins12.77% Pretax Margin14.17% Return on Equity16.14% Return on Assets12.94% Debt Debt-to-Equity RatioN/A Current Ratio6.59 Quick Ratio5.64 Sales & Book Value Annual Sales$63.76 million Price / Sales2.13 Cash Flow$0.49 per share Price / Cash Flow13.08 Book Value$2.57 per share Price / Book2.49Miscellaneous Outstanding Shares21,230,000Free Float19,930,000Market Cap$135.66 million OptionableOptionable Beta0.99 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Sanjeev Aggarwal Ph.D. (Age 57)President, CEO & Director Comp: $1.17MMr. Anuj Aggarwal (Age 44)Chief Financial Officer Comp: $770.28kMs. Aparna OkaCorporate ControllerKey CompetitorsPixelworksNASDAQ:PXLWKopinNASDAQ:KOPNLightPath TechnologiesNASDAQ:LPTHEMCORENASDAQ:EMKRResonantNASDAQ:RESNView All CompetitorsInsiders & InstitutionsGSA Capital Partners LLPBought 2,764 shares on 5/3/2024Ownership: 0.334%Sanjeev AggarwalSold 17,452 sharesTotal: $136,823.68 ($7.84/share)Anuj AggarwalSold 12,852 sharesTotal: $100,759.68 ($7.84/share)Sanjeev AggarwalSold 519 sharesTotal: $4,162.38 ($8.02/share)David SchrenkSold 222 sharesTotal: $1,780.44 ($8.02/share)View All Insider TransactionsView All Institutional Transactions MRAM Stock Analysis - Frequently Asked Questions Should I buy or sell Everspin Technologies stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MRAM shares. View MRAM analyst ratings or view top-rated stocks. What is Everspin Technologies' stock price target for 2024? 2 brokerages have issued 1-year target prices for Everspin Technologies' stock. Their MRAM share price targets range from $8.00 to $10.00. On average, they predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 40.8% 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 2024? Everspin Technologies' stock was trading at $9.04 at the beginning of 2024. Since then, MRAM shares have decreased by 29.3% and is now trading at $6.39. View the best growth stocks for 2024 here. When is Everspin Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our MRAM earnings forecast. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) issued its quarterly earnings results on Wednesday, May, 1st. The business services provider reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.04. The business services provider had revenue of $14.43 million for the quarter. Everspin Technologies had a trailing twelve-month return on equity of 16.14% and a net margin of 12.77%. During the same quarter in the prior year, the business posted $0.04 earnings per share. What guidance has Everspin Technologies issued on next quarter's earnings? Everspin Technologies updated its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of -0.140--0.090 for the period, compared to the consensus earnings per share estimate of 0.100. The company issued revenue guidance of $10.0 million-$11.0 million, compared to the consensus revenue estimate of $14.0 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? Everspin Technologies (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 served as the underwriters for the IPO and Canaccord Genuity and Craig-Hallum Capital Group were co-managers. Who are Everspin Technologies' major shareholders? Everspin Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include GSA Capital Partners LLP (0.33%). Insiders that own company stock include Anuj Aggarwal, Aparna Oka, Darin G Billerbeck, David Schrenk, Geoffrey G Ribar, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. 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