Everspin Technologies, Inc. (MRAM)
NASDAQ: MRAM · Real-Time Price · USD
6.07
+0.02 (0.33%)
May 20, 2025, 4:00 PM - Market closed
Everspin Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Everspin Technologies stock has a target of 8.00, which predicts a 31.80% increase from the current stock price of 6.07.
Price Target: $8.00 (+31.80%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 31, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Everspin Technologies is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +31.80% | Oct 31, 2024 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +31.80% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +64.74% | May 2, 2024 |
| Needham | Needham | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +31.80% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +97.69% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
55.18M
from 50.40M
Increased by 9.48%
Revenue Next Year
62.27M
from 55.18M
Increased by 12.85%
EPS This Year
0.21
from 0.04
Increased by 495.01%
EPS Next Year
0.41
from 0.21
Increased by 89.55%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 57.9M | 66.2M |
| Avg | 55.2M | 62.3M |
| Low | 52.0M | 57.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 14.8% | 19.9% |
| Avg | 9.5% | 12.8% |
| Low | 3.2% | 5.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.28 | 0.42 | 2.51 |
| Avg | 0.21 | 0.41 | 2.44 |
| Low | 0.15 | 0.39 | 2.35 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 685.6% | 95.1% | 517.9% |
| Avg | 495.0% | 89.5% | 500.3% |
| Low | 310.1% | 82.1% | 476.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.