Everspin Technologies, Inc. (MRAM)

NASDAQ: MRAM · Real-Time Price · USD
6.23
-0.13 (-2.04%)
Dec 20, 2024, 4:00 PM EST - Market closed
-2.04%
Market Cap 136.89M
Revenue (ttm) 53.87M
Net Income (ttm) 1.54M
Shares Out 21.97M
EPS (ttm) 0.07
PE Ratio 87.36
Forward PE 21.48
Dividend n/a
Ex-Dividend Date n/a
Volume 385,472
Open 6.28
Previous Close 6.36
Day's Range 6.08 - 6.33
52-Week Range 4.89 - 9.43
Beta 0.91
Analysts Strong Buy
Price Target 9.00 (+44.46%)
Earnings Date Oct 30, 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 83
Stock Exchange NASDAQ
Ticker Symbol MRAM
Full Company Profile

Financial Performance

In 2023, Everspin Technologies'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

Everspin: Still One Of My Favorite Risk/Reward Setups, With AI Catalysts

Everspin Technologies offers a compelling risk/reward profile in the semiconductor space, with an ultra-low valuation crossed with the possibility of very high rates of AI-inspired growth. The company...

15 days ago - Seeking Alpha

Everspin Technologies, Inc. (MRAM) Q3 2024 Earnings Call Transcript

Everspin Technologies, Inc. (NASDAQ:MRAM) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Sanjeev Aggarwal - President and Chief Executive Officer Matt Tenorio - Inte...

7 weeks ago - Seeking Alpha

Everspin Reports Unaudited Third 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...

7 weeks ago - Business Wire

Everspin Technologies Announces Date of Third 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...

2 months ago - Business Wire

Lucid Motors Selects Everspin's PERSYST MRAM for Gravity Electric SUV

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 Awarded $14.55M to Provide Continued, Stable On-Shore MRAM Manufacturing

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...

4 months ago - Business Wire

Everspin Announces a $9.25M Contract to Provide MRAM Technology for Strategic Radiation Hardened eMRAM Macro

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...

4 months ago - Business Wire

Everspin Technologies, Inc. (MRAM) Q2 2024 Earnings Call Transcript

Everspin Technologies, Inc. (NASDAQ:MRAM) Q2 2024 Earnings Call July 31, 2024 5:00 PM ET Company Participants Cassidy Fuller - Investor Relations Sanjeev Aggarwal - President and Chief Executive Offi...

5 months ago - Seeking Alpha

Everspin Reports Unaudited Second 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...

5 months ago - Business Wire

Everspin Announces Contract to Provide MRAM Technology for Strategic Radiation Hardened FPGA

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...

Other symbols: QUIK
5 months ago - Business Wire

Everspin Technologies Announces Date of Second 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...

5 months ago - Business Wire

Everspin Technologies Announces Departure of Chief Financial Officer

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 months ago - Business Wire

Everspin Technologies to Join Russell 2000 ® Index

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...

6 months ago - Business Wire

Everspin Technologies Announces Updated Presentation Time at the Maxim Virtual TMT Conference

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 Present at Upcoming Investor Conferences

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: Potential AI Buildout Beneficiary, With Giveaway Valuation

Everspin Technologies is a leading semiconductor firm specializing in "electron spin" memory storage, offering advantages such as energy efficiency and data retention. The company experienced a dip in...

7 months ago - Seeking Alpha

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...

8 months ago - Business Wire

Everspin Technologies, Inc. (MRAM) Q1 2024 Earnings Call Transcript

Everspin Technologies, Inc. (NASDAQ:MRAM) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Sanjeev Aggarwal - President & Chief Executive Officer Anuj Aggarwal - Chief Fin...

8 months ago - Seeking Alpha

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...

8 months 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...

8 months 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...

8 months 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...

9 months ago - Business Wire

Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)

Everspin Technologies' share price has dropped 20% since the previous analysis, prompting an upgrade to a buy rating. The company has shown slow revenue growth but has improved margins and profitabili...

9 months ago - Seeking Alpha

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...

10 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...

10 months ago - Business Wire