NASDAQ:MRAM Everspin Technologies (MRAM) Stock Price, News & Analysis → Trump’s Gift Could Unleash $51 Billion in New Wealth (From Wealthpin Pro) (Ad) Free MRAM Stock Alerts $5.96 +0.10 (+1.71%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$5.79▼$5.9850-Day Range$5.86▼$8.0452-Week Range$5.79▼$10.50Volume87,627 shsAverage Volume129,479 shsMarket Capitalization$128.26 millionP/E Ratio16.11Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Everspin Technologies alerts: Email Address Everspin Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.0% Upside$9.00 Price TargetShort InterestHealthy0.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.02Based on 6 Articles This WeekInsider TradingSelling Shares$599,237 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.41 out of 5 starsBusiness Services Sector216th out of 312 stocksSemiconductors & Related Devices Industry70th out of 89 stocks 3.5 Analyst's Opinion Consensus RatingEverspin Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageEverspin Technologies has only been the subject of 2 research reports in the past 90 days.Read more about Everspin Technologies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.90% of the float of Everspin Technologies has been sold short.Short Interest Ratio / Days to CoverEverspin Technologies has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everspin Technologies has recently increased by 24.46%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEverspin Technologies does not currently pay a dividend.Dividend GrowthEverspin Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRAM. Previous Next 1.7 News and Social Media Coverage News SentimentEverspin Technologies has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Everspin Technologies this week, compared to 2 articles on an average week.Search Interest3 people have searched for MRAM on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Everspin Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Everspin Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $599,237.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Everspin Technologies is held by insiders.Percentage Held by Institutions44.68% of the stock of Everspin Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Everspin Technologies' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Everspin Technologies is 16.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 16.11, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 20.24.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Everspin Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, “The Walmart Family”, Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market…Click here for the details About Everspin Technologies Stock (NASDAQ: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, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.Read More MRAM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRAM Stock News HeadlinesMay 31 at 8:03 AM | businesswire.comEverspin Technologies Announces Updated Presentation Time at the Maxim Virtual TMT ConferenceMay 31 at 4:30 AM | americanbankingnews.comEverspin Technologies (NASDAQ:MRAM) Upgraded by StockNews.com to "Buy"May 23, 2024 | businesswire.comEverspin Technologies to Present at Upcoming Investor ConferencesMay 21, 2024 | finance.yahoo.comEverspin Technologies (NASDAQ:MRAM) shareholders have endured a 21% loss from investing in the stock a year agoMay 13, 2024 | seekingalpha.comEverspin: Potential AI Buildout Beneficiary, With Giveaway ValuationMay 8, 2024 | investorplace.comNeedham Just Cut Its Price Target on These 3 StocksMay 7, 2024 | businesswire.comEY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year® 2024 Pacific Southwest Award FinalistMay 3, 2024 | finance.yahoo.comEverspin Technologies First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 3, 2024 | finance.yahoo.comIs Everspin Technologies, Inc. (NASDAQ:MRAM) Trading At A 25% Discount?May 2, 2024 | stocknews.com3 Chip Stocks Trading at Attractive PricesMay 2, 2024 | markets.businessinsider.comQUALCOMM Shares Rise In Pre-Market On Upbeat Q2 ResultsMay 2, 2024 | marketwatch.comEverspin Technologies Shares Drop 16% After Move to 1Q LossMay 2, 2024 | finance.yahoo.comQ1 2024 Everspin Technologies Inc Earnings CallMay 2, 2024 | finance.yahoo.comEverspin Technologies, Inc. (NASDAQ:MRAM) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comEverspin Technologies Inc (MRAM) (Q1 2024) Earnings Call Transcript Highlights: Navigating ...May 1, 2024 | finance.yahoo.comEverspin Technologies Inc (MRAM) Q1 Earnings: Revenue Surpasses Estimates, Net Income Falls ShortMay 1, 2024 | businesswire.comEverspin Reports Unaudited First Quarter 2024 Financial ResultsMay 1, 2024 | markets.businessinsider.comEverspin Technologies is about to announce its earnings — here's what Wall Street expectsApril 30, 2024 | businesswire.comNext-Generation IBM FlashCore Modules Feature Everspin's PERSYST 1 Gigabit STT-MRAM, Enhancing ReliabilityApril 17, 2024 | businesswire.comEverspin Announces Date of First Quarter 2024 Financial Results Conference CallApril 17, 2024 | finance.yahoo.comWhile institutions own 36% of Everspin Technologies, Inc. (NASDAQ:MRAM), retail investors are its largest shareholders with 38% ownershipApril 9, 2024 | businesswire.comEverspin Technologies Unveils PERSYST, Simplifying Persistent Memory SolutionsApril 4, 2024 | finance.yahoo.comInsider Sell: CFO Anuj Aggarwal Disposes Shares of Everspin Technologies Inc (MRAM)April 4, 2024 | finance.yahoo.comInsider Sell: Everspin Technologies Inc (MRAM) CEO Sanjeev Aggarwal Disposes of SharesMarch 28, 2024 | uk.finance.yahoo.comNext Generation Memory Market Projected to Reach USD 24.76 Billion by 2029See More Headlines Receive MRAM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everspin Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today6/01/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:MRAM CUSIPN/A CIK1438423 Webwww.everspin.com Phone(480) 347-1111FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+51.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio16.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.05 million Net Margins12.77% Pretax Margin12.74% Return on Equity15.70% Return on Assets12.75% Debt Debt-to-Equity RatioN/A Current Ratio9.56 Quick Ratio8.20 Sales & Book Value Annual Sales$63.76 million Price / Sales2.01 Cash Flow$0.50 per share Price / Cash Flow12.00 Book Value$2.59 per share Price / Book2.30Miscellaneous Outstanding Shares21,520,000Free Float20,208,000Market Cap$128.26 million OptionableOptionable Beta0.99 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesDr. Sanjeev Aggarwal Ph.D. (Age 57)President, CEO & Director Comp: $1.17MMr. Anuj Aggarwal (Age 44)Chief Financial Officer Comp: $770.28kMr. David Schrenk (Age 48)Vice President of Sales & Business Development Comp: $384.56kMr. Amit ShahVice President of OperationsMr. Kerry NagelVice President of TechnologyMs. Aparna OkaCorporate ControllerMore ExecutivesKey CompetitorsResonantNASDAQ:RESNIntchains GroupNASDAQ:ICGApplied OptoelectronicsNASDAQ:AAOINVENASDAQ:NVECSkyWater TechnologyNASDAQ:SKYTView All CompetitorsInsiders & InstitutionsDavid SchrenkSold 1,534 sharesTotal: $9,204.00 ($6.00/share)Truvestments Capital LLCSold 26,019 shares on 5/15/2024Ownership: 0.078%Hillsdale Investment Management Inc.Bought 19,700 shares on 5/11/2024Ownership: 1.125%Vanguard Group Inc.Bought 22,657 shares on 5/10/2024Ownership: 3.610%Acadian Asset Management LLCBought 116,591 shares on 5/10/2024Ownership: 3.318%View All Insider TransactionsView All Institutional Transactions MRAM Stock Analysis - Frequently Asked Questions Should I buy or sell Everspin Technologies stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MRAM shares. View MRAM analyst ratings or view top-rated stocks. What is Everspin Technologies' stock price target for 2024? 2 analysts have issued 1 year price objectives for Everspin Technologies' stock. Their MRAM share price targets range from $8.00 to $10.00. On average, they predict the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 51.0% from the stock's current price. View analysts price targets for MRAM or view top-rated stocks among Wall Street analysts. How have MRAM shares performed in 2024? Everspin Technologies' stock was trading at $9.04 at the beginning of the year. Since then, MRAM shares have decreased by 34.1% and is now trading at $5.96. View the best growth stocks for 2024 here. Are investors shorting Everspin Technologies? Everspin Technologies saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 154,700 shares, an increase of 24.5% from the April 30th total of 124,300 shares. Based on an average daily trading volume, of 123,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.9% of the company's stock are sold short. View Everspin Technologies' Short Interest. When is Everspin Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our MRAM earnings forecast. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) announced its earnings results on Wednesday, May, 1st. The business services provider reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.04. The business services provider earned $14.43 million during the quarter. Everspin Technologies had a net margin of 12.77% and a trailing twelve-month return on equity of 15.70%. During the same period last year, the company posted $0.04 earnings per share. What guidance has Everspin Technologies issued on next quarter's earnings? Everspin Technologies issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of -0.140--0.090 for the period, compared to the consensus earnings per share estimate of 0.100. The company issued revenue guidance of $10.0 million-$11.0 million, compared to the consensus revenue estimate of $14.0 million. What is Kevin Conley's approval rating as Everspin Technologies' CEO? 5 employees have rated Everspin Technologies Chief Executive Officer Kevin Conley on Glassdoor.com. Kevin Conley has an approval rating of 79% among the company's employees. What other stocks do shareholders of Everspin Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Everspin Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Block (SQ), Editas Medicine (EDIT), Freeport-McMoRan (FCX), CRISPR Therapeutics (CRSP), Akoustis Technologies (AKTS), Lumentum (LITE) and Plug Power (PLUG). When did Everspin Technologies IPO? Everspin Technologies (MRAM) raised $46 million in an IPO on Friday, October 7th 2016. The company issued 3,800,000 shares at $11.00-$13.00 per share. Stifel and Needham & Company acted as the underwriters for the IPO and Canaccord Genuity and Craig-Hallum Capital Group were co-managers. Who are Everspin Technologies' major shareholders? Everspin Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.61%), Acadian Asset Management LLC (3.32%), Hillsdale Investment Management Inc. (1.13%), GSA Capital Partners LLP (0.33%), Oppenheimer & Close LLC (0.29%) and Truvestments Capital LLC (0.08%). Insiders that own company stock include Anuj Aggarwal, Darin G Billerbeck, David Schrenk, Geoffrey G Ribar, Michael B Gustafson, Sanjeev Aggarwal, Stephen Socolof and Troy Winslow. View institutional ownership trends. How do I buy shares of Everspin Technologies? Shares of MRAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MRAM) was last updated on 6/2/2024 by MarketBeat.com Staff From Our PartnersWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden replacement revealed?Paradigm PressShocking: One AI startup's revenue could surge 4,735%Manward PressBiden Nomination CANCELED?The Freeport SocietyNvidia has Apple and Microsoft within striking rangeWeiss RatingsDon’t buy a single NVIDIA share before you see this...Behind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Everspin Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.