Everspin Technologies, Inc. (MRAM)

NASDAQ: MRAM · IEX Real-Time Price · USD
6.23
+0.06 (0.97%)
At close: May 14, 2024, 4:00 PM
6.54
+0.31 (4.98%)
After-hours: May 14, 2024, 6:27 PM EDT
0.97%
Market Cap 134.08M
Revenue (ttm) 63.35M
Net Income (ttm) 8.09M
Shares Out 21.52M
EPS (ttm) 0.37
PE Ratio 16.84
Forward PE 17.96
Dividend n/a
Ex-Dividend Date n/a
Volume 163,609
Open 6.38
Previous Close 6.17
Day's Range 6.20 - 6.48
52-Week Range 6.03 - 10.50
Beta 0.99
Analysts Strong Buy
Price Target 9.00 (+44.46%)
Earnings Date May 1, 2024

About 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,... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Oct 7, 2016
Employees 82
Stock Exchange NASDAQ
Ticker Symbol MRAM
Full Company Profile

Financial Performance

In 2023, MRAM's revenue was $63.77 million, an increase of 6.30% compared to the previous year's $59.99 million. Earnings were $9.05 million, an increase of 47.69%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MRAM stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 44.46% from the latest price.

Price Target
$9.0
(44.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year® 2024 Pacific Southwest Award Finalist

CHANDLER, Ariz.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) today announced that President and CEO Sanjeev Aggarwal of Everspin Technologies was named an Entrepreneur Of The Year® 2024 Pacific Southwe...

7 days ago - Business Wire

Everspin Reports Unaudited First Quarter 2024 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions...

13 days ago - Business Wire

Next-Generation IBM FlashCore Modules Feature Everspin's PERSYST 1 Gigabit STT-MRAM, Enhancing Reliability

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...

14 days ago - Business Wire

Everspin Announces Date of First Quarter 2024 Financial Results Conference Call

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...

27 days ago - Business Wire

Everspin Technologies Unveils PERSYST, Simplifying Persistent Memory Solutions

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions...

5 weeks ago - Business Wire

Everspin Technologies Expands Board of Directors with Appointment of Douglas Mitchell

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...

2 months ago - Business Wire

Everspin Technologies Submits Application for U.S. CHIPS and Science Act Funding

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), the market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program...

2 months ago - Business Wire

Everspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year en...

2 months ago - Business Wire

Everspin Technologies to Present at the Baird Virtual Vehicle Technology & Mobility Conference

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), the market leader in MRAM, announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief...

2 months ago - Business Wire

Everspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and full year 2023 financial results after market close on Wedn...

3 months ago - Business Wire

Everspin Technologies Announces Participation in 26th Annual Needham Growth Conference

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), today announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, w...

4 months ago - Business Wire

Everspin Technologies to Ring NASDAQ Closing Bell on January 18th

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM) today announced it is scheduled to ring the closing bell at the Nasdaq MarketSite on January 18th, 2024. The ceremony will ...

4 months ago - Business Wire

Everspin Reports Unaudited Third Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the third quarter ended September 3...

6 months ago - Business Wire

Everspin to Host Third Quarter 2023 Earnings Call on November 1, 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its third quarter 2023 financial results after market close on Wednesday, November...

7 months ago - Business Wire

Everspin Announces Expansion of Industrial STT-MRAM Devices

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...

7 months ago - Business Wire

Everspin Technologies to Participate in the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit on August 29-30

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate i...

9 months ago - Business Wire

Everspin to Provide Industry Insights on Automotive and Chiplet Panels at Flash Memory Summit

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) non-volatile solutions, has ...

10 months ago - Business Wire

Everspin Reports Unaudited Second Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the second quarter ended June 30, 2...

10 months ago - Business Wire

Everspin to Host Second Quarter 2023 Earnings Call on August 2, 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its second quarter 2023 financial results after market close on Wednesday, August ...

10 months ago - Business Wire

Everspin Announces Participation in 15th Annual CEO Investor Summit 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), today announced management's participation in the 15th Annual CEO Investor Summit 2023, being held Wednesday, July 12th at...

11 months ago - Business Wire

Everspin Reports Unaudited First Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2...

1 year ago - Business Wire

Everspin to Host First Quarter 2023 Earnings Call on May 3, 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its first quarter 2023 financial results after market close on Wednesday, May 3, 2...

1 year ago - Business Wire

Everspin Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year en...

1 year ago - Business Wire

Everspin to Host Fourth Quarter and Fiscal Year End 2022 Earnings Call on March 1, 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and fiscal year end 2022 financial results after market close o...

1 year ago - Business Wire

Everspin Technologies to Participate in the 25th Annual Needham Growth Conference

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate...

1 year ago - Business Wire