Everspin Technologies (MRAM) Stock Forecast & Price Target

-0.04 (-0.64%)
(As of 05/17/2024 ET)

Everspin Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Based on 2 Analyst Ratings

Analysts' Consensus Price Target

45.87% Upside
High Forecast$10.00
Average Forecast$9.00
Low Forecast$8.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Strong Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$9.00$12.00$12.00$9.50
Predicted Upside45.87% Upside34.58% Upside27.98% Upside39.50% Upside
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MRAM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MRAM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Everspin Technologies Stock vs. The Competition

TypeEverspin TechnologiesBusiness Services CompaniesS&P 500
Consensus Rating Score
Consensus RatingBuyModerate BuyHold
Predicted Upside45.87% Upside151.08% Upside7.85% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/2/2024Craig Hallum
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$11.00 ➝ $10.00+57.98%
5/2/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$12.00 ➝ $8.00+6.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:26 AM ET.

MRAM Price Target - Frequently Asked Questions

What is Everspin Technologies's consensus rating and price target?

According to the issued ratings of 2 analysts in the last year, the consensus rating for Everspin Technologies stock is Buy based on the current 2 buy ratings for MRAM. The average twelve-month price prediction for Everspin Technologies is $9.00 with a high price target of $10.00 and a low price target of $8.00. Learn more on MRAM's analyst rating history.

Do Wall Street analysts like Everspin Technologies more than its competitors?

Analysts like Everspin Technologies more than other Business Services companies. The consensus rating for Everspin Technologies is Buy while the average consensus rating for business services companies is Moderate Buy. Learn more on how MRAM compares to other companies.

Does Everspin Technologies's stock price have much upside?

According to analysts, Everspin Technologies's stock has a predicted upside of 30.25% based on their 12-month stock forecasts.

What analysts cover Everspin Technologies?

Everspin Technologies has been rated by Craig Hallum, and Needham & Company LLC in the past 90 days.

Stock Ratings Reports and Tools

This page (NASDAQ:MRAM) was last updated on 5/18/2024 by MarketBeat.com Staff

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