Everspin Technologies, Inc. (MRAM)
NASDAQ: MRAM · Real-Time Price · USD
5.35
-0.13 (-2.37%)
Apr 28, 2025, 4:00 PM EDT - Market closed
Everspin Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Everspin Technologies stock have an average target of 9.00, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 68.22% from the current stock price of 5.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 31, 2024.
Analyst Ratings
The average analyst rating for Everspin Technologies stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +49.53% | Oct 31, 2024 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +49.53% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +86.92% | May 2, 2024 |
| Needham | Needham | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +49.53% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +124.30% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
54.47M
from 50.40M
Increased by 8.07%
Revenue Next Year
64.26M
from 54.47M
Increased by 17.98%
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 | 57.2M | 66.2M |
| Avg | 54.5M | 64.3M |
| Low | 51.3M | 61.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 13.5% | 21.4% |
| Avg | 8.1% | 18.0% |
| Low | 1.7% | 13.4% |
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.