Everspin Technologies, Inc. (MRAM)

Market Cap	132.71M
Revenue (ttm)	53.87M
Net Income (ttm)	1.54M
Shares Out	21.97M
EPS (ttm)	0.07
PE Ratio	84.69
Forward PE	20.83
Dividend	n/a
Ex-Dividend Date	n/a

Volume	131,184
Open	5.95
Previous Close	5.94
Day's Range	5.95 - 6.08
52-Week Range	4.89 - 9.43
Beta	0.90
Analysts	Strong Buy
Price Target	9.00 (+49.01%)
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,...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Oct 7, 2016
• Employees: 83
• Stock Exchange: NASDAQ
• Ticker Symbol: MRAM
• Website: https://www.everspin.com

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%.

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 49.01% from the latest price.

Price Target

$9.0

(49.01% upside)

Analyst Consensus: Strong Buy