Everspin Technologies Inc

Everspin Technologies Inc Stock Forecast & Price Prediction

Live Everspin Technologies Inc Stock (MRAM) Price
$5.2

4

Ratings

  • Buy 4
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.2

P/E Ratio

79.14

Volume Traded Today

$57,536

Dividend

Dividends not available for MRAM

52 Week High/low

10.50/4.89

Everspin Technologies Inc Market Cap

$123.1M

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MRAM Summary

Based on ratings from 4 stock analysts, the Everspin Technologies Inc stock price is expected to increase by 73.08% in 12 months. This is calculated by using the average 12-month stock price forecast for Everspin Technologies Inc. The lowest target is $8 and the highest is $10. Please note analyst price targets are not guaranteed and could be missed completely.

MRAM Analyst Ratings

About 4 Wall Street analysts have assignedMRAM 4 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Everspin Technologies Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MRAM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MRAM stock forecast by analyst

These are the latest 20 analyst ratings of MRAM.

Analyst/Firm

Rating

Price Target

Change

Date

Quinn Bolton
Needham

Buy

$8

Reiterates

Aug 1, 2024
Quinn Bolton
Needham

Buy

$8

Maintains

May 2, 2024
Richard Shannon
Craig-Hallum

Buy

$10

Maintains

May 2, 2024
Quinn Bolton
Needham

Buy

$12

Reiterates

Feb 29, 2024
Quinn Bolton
Needham

Buy

$12

Reiterates

Aug 3, 2023
Rajvindra Gill
Needham

Strong Buy

$10

Maintains

Mar 2, 2023
Rajvindra Gill
Needham

Strong Buy

$9

Maintains

May 12, 2022
Rajvindra Gill
Needham

Strong Buy

$13

Maintains

Mar 3, 2022
Rajvindra Gill
Needham

Strong Buy

$12

Maintains

Nov 12, 2021
Kevin Cassidy
Stifel

Buy

$13

Maintains

Mar 16, 2018

Stifel Nicolaus

Buy


Maintains

Mar 16, 2018
Matt Ramsay
Canaccord Genuity

Buy

$15

Maintains

Nov 17, 2017
Matt Ramsay
Canaccord Genuity

Buy

$18

Maintains

Aug 14, 2017

Needham

Strong Buy


Initiates

Nov 2, 2016

Stifel Nicolaus

Buy


Initiates

Nov 2, 2016

Stifel

Buy


Initiates

Nov 2, 2016

Canaccord Genuity

Buy


Initiates

Nov 2, 2016

Craig-Hallum

Buy


Initiates

Nov 2, 2016

MRAM Company Information

  • Company Name: Everspin Technologies, Inc.
  • Industry: Manufacturer and seller of magnetoresistive random access memory (MRAM) products.
  • Geographical Reach: Operates in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally.
  • Product Offerings:
    • Toggle MRAM
    • Spin-transfer torque MRAM
    • Tunnel magneto resistance sensor products
    • Foundry services for MRAM products
  • Target Markets:
    • Industrial
    • Medical
    • Automotive/Transportation
    • Aerospace
    • Data Centers
  • Customer Base: Serves original equipment manufacturers, contract manufacturers, and original design manufacturers.
  • Sales Channels: Direct sales channel and a network of representatives and distributors.
  • Incorporation Year: 2008
  • Headquarters: Chandler, Arizona
MRAM
Everspin Technologies Inc (MRAM)

When did it IPO

2016

Staff Count

82

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Dr. Sanjeev Aggarwal Ph.D.

Market Cap

$123.1M

Everspin Technologies Inc (MRAM) Financial Data

In 2023, MRAM generated $63.8M in revenue, which was a increase of 6.30% from the previous year. This can be seen as a signal that MRAM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$42.0M

Revenue From 2021

$55.1M

31.20 %
From Previous Year

Revenue From 2022

$60.0M

8.77 %
From Previous Year

Revenue From 2023

$63.8M

6.30 %
From Previous Year
  • Revenue TTM $58.2M
  • Operating Margin TTM -26.5%
  • Gross profit TTM $37.2M
  • Return on assets TTM 0.2%
  • Return on equity TTM 3.4%
  • Profit Margin 2.9%
  • Book Value Per Share 2.56%
  • Market capitalisation $123.1M
  • Revenue for 2021 $55.1M
  • Revenue for 2022 $60.0M
  • Revenue for 2023 $63.8M
  • EPS this year (TTM) $0.07

Everspin Technologies Inc (MRAM) Latest News

No news data available.

...

MRAM Frequently asked questions

The highest forecasted price for MRAM is $10 from Rajvindra Gill at Needham.

The lowest forecasted price for MRAM is $8 from Quinn Bolton from Needham

The MRAM analyst ratings consensus are 4 buy ratings, 0 hold ratings, and 0 sell ratings.