Everspin Technologies, Inc. (MRAM)
NASDAQ: MRAM · IEX Real-Time Price · USD
6.33
+0.15 (2.43%)
At close: Jul 2, 2024, 4:00 PM
6.35
+0.02 (0.32%)
After-hours: Jul 2, 2024, 5:49 PM EDT
Everspin Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MRAM 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 42.18% from the current stock price of 6.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for MRAM 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +57.98% | May 2, 2024 |
Needham | Needham | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +26.38% | May 2, 2024 |
Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +89.57% | Feb 29, 2024 |
Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +89.57% | Aug 3, 2023 |
Needham | Needham | Strong Buy Maintains $9 → $10 | Strong Buy | Maintains | $9 → $10 | +57.98% | Mar 2, 2023 |
Financial Forecast
Revenue This Year
52.68M
from 63.77M
Decreased by -17.38%
Revenue Next Year
58.09M
from 52.68M
Increased by 10.26%
EPS This Year
0.13
from 0.42
Decreased by -68.43%
EPS Next Year
0.38
from 0.13
Increased by 184.62%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 55.4M | 61.8M |
Avg | 52.7M | 58.1M |
Low | 49.5M | 53.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -13.1% | 17.4% |
Avg | -17.4% | 10.3% |
Low | -22.4% | 2.3% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.14 | 0.39 |
Avg | 0.13 | 0.38 |
Low | 0.13 | 0.36 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -67.5% | 193.0% |
Avg | -68.4% | 184.6% |
Low | -69.7% | 173.5% |
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.