Stock events for Everspin Technologies, Inc. (MRAM)
Everspin Technologies, Inc. (MRAM) stock price has increased by 83.84% in the past six months. Key events include the stock passing below its fifty-day moving average and being downgraded to a "hold" rating on February 7, 2026, a price target increase to $13.00 on February 4, 2026, presentation at the Needham Growth Conference on January 5, 2026, expansion of its PERSYST MRAM family on November 18, 2025, a price target increase to $10.71 on November 17, 2025, and reporting EPS of $0.06 in Q3 2025, exceeding estimates on November 5, 2025.
Demand Seasonality affecting Everspin Technologies, Inc.’s stock price
Everspin Technologies experiences demand seasonality, anticipating lower revenue in the first half of 2024 due to economic weakness in Asia Pacific, higher interest rates, and shifting project schedules. The company expects the year to be weighted more heavily towards the second half.
Overview of Everspin Technologies, Inc.’s business
Everspin Technologies, Inc. (NASDAQ: MRAM) specializes in magnetoresistive random access memory (MRAM) solutions, operating within the semiconductor sector. Their products include discrete MRAM chips, embedded MRAM IP, and companion devices, featuring Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. These devices replace or complement existing technologies like SRAM, DRAM, and flash.
MRAM’s Geographic footprint
Everspin Technologies is headquartered in Chandler, Arizona, with a design center in Austin, Texas. They operate a global supply chain with partnerships in North America and Asia, and have sales operations across the Americas, Europe, and Asia-Pacific regions, selling its products internationally.
MRAM Corporate Image Assessment
Everspin Technologies has a strong brand reputation as a leader in MRAM, with over 650 active patents. The company transitioned from a loss-making business in 2021 to achieving profits over 13 consecutive quarters under CEO Sanjeev Aggarwal, introduced six new products since 2021, rang the Nasdaq Closing Bell Ceremony in January 2024, was added to the Russell 2000 Index in July 2024, received a $14.55 million award from the U.S. government, and secured a design win with IBM.
Ownership
Everspin Technologies, Inc. (MRAM) has 133 institutional owners and shareholders holding 11,292,412 shares, including AWM Investment Company, Inc., Lynrock Lake LP, and Vanguard Group Inc. There has been significant insider selling over the past three months.
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$10.80
