Everspin Technologies, Inc. (MRAM)

NASDAQ: MRAM · Real-Time Price · USD
5.08
-0.05 (-0.97%)
Mar 28, 2025, 4:00 PM EDT - Market closed
-0.97%
Market Cap 112.48M
Revenue (ttm) 50.40M
Net Income (ttm) 781,000
Shares Out 22.14M
EPS (ttm) 0.04
PE Ratio 140.78
Forward PE 18.81
Dividend n/a
Ex-Dividend Date n/a
Volume 77,061
Open 5.10
Previous Close 5.13
Day's Range 5.06 - 5.11
52-Week Range 4.89 - 8.17
Beta 0.79
Analysts Strong Buy
Price Target 9.00 (+77.17%)
Earnings Date Apr 30, 2025

About MRAM

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies 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 ma... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Oct 7, 2016
Employees 87
Stock Exchange NASDAQ
Ticker Symbol MRAM
Full Company Profile

Financial Performance

In 2024, Everspin Technologies's revenue was $50.40 million, a decrease of -20.96% compared to the previous year's $63.77 million. Earnings were $781,000, a decrease of -91.37%.

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 77.17% from the latest price.

Price Target
$9.0
(77.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Everspin Expands High-Reliability MRAM Portfolio with New Automotive-Grade Offerings

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...

20 days ago - Business Wire

Everspin Awarded $10.5M Contract to Provide MRAM IP and Foundry Services for Purdue University's ME Commons In-Memory Compute Project

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...

24 days ago - Business Wire

Everspin Technologies: A Speculative Play With More Downside Than Upside

Everspin Technologies, Inc. is a key player in MRAM, with strategic partnerships and government contracts, but faces significant scaling challenges and high investor expectations. Despite strong Q4 ea...

4 weeks ago - Seeking Alpha

Everspin Technologies, Inc. (MRAM) Q4 2024 Earnings Call Transcript

Everspin Technologies, Inc. (NASDAQ:MRAM) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Faye Hoffman - Investor Relations Sanjeev Aggarwal - President and Chief E...

4 weeks ago - Seeking Alpha

Everspin Reports Unaudited Fourth Quarter and Full Year 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...

4 weeks ago - Business Wire

Everspin and Lattice Semiconductor Collaborate to Bring High-Reliability MRAM Solutions to FPGA Platforms

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 Announces Date of Fourth Quarter and Full Year 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...

6 weeks ago - Business Wire

Everspin Technologies Appoints William Cooper as 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), announced that William “Bi...

2 months ago - Business Wire

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...

4 months 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...

5 months 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...

5 months 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...

5 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...

6 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...

7 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...

8 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...

8 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...

8 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
8 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...

9 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...

9 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...

9 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...

10 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...

11 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...

11 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...

11 months ago - Business Wire