MRAM · NASDAQ · Semiconductors

Everspin Technologies (MRAM)

Supplies non-volatile magnetic-memory products and embedded-MRAM technology services.

$17.15
After hours−0.52 (−2.94%)
At close$17.67(+2.91%)
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Everspin Technologies, Inc.MRAM
Information Technology

Sells Toggle MRAM and STT-MRAM products for industrial, automotive, aerospace and defense, data-center, medical, AI, smart-energy, and gaming uses. It also earns licensing, royalty, patent, engineering-service, and foundry-service revenue from embedded-MRAM technology.

Develops and sells Toggle MRAM, STT-MRAM, and embedded-MRAM technologies. The PERSYST family spans serial and parallel interfaces for industrial, automotive, aerospace and defense, data-center, medical, AI, smart-energy, and gaming applications.

Product shipments are paired with embedded-MRAM licensing, royalty, patent, engineering-service, and foundry-service work. Headquarters are in Chandler, Arizona, with a principal design center in Austin, Texas and sales operations across the Americas, Europe, and Asia-Pacific.

Manufacturing and advanced MTJ/STT-MRAM development rely on joint-development and Singapore manufacturing agreements with GLOBALFOUNDRIES. Agreement alignment, technology transfer, production ramp, yields, and defects shape newer STT-MRAM products.

Company facts

CEOSanjeev Aggarwal
ListedOct 7, 2016
ExchangeNASDAQ
HeadquartersChandler, AZ
CountryUnited States
Employees85
CIK0001438423
ISINUS30041T1043

Market cap$402.6M
EPS (ttm)−$0.1103
P/E (ttm)−155.67
ROE-3.8%
P/B5.51
P/S6.44
Dividend yieldDiv yield
Beta4.23vs XLK 2.45

Price target$19.00+7.6%Average of 5 analysts
ConsensusBuy5 of 5 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 6, 2026NeedhamReiterate
Rating: Target: $9
Rating: BuyTarget: $19

Next report
Nov 11, 26
estimated · in 50 days
EPS estimate
$0.13
Revenue estimate
$20.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported$0.05$0.02$0.03$0.06$0.05−$0.01−$0.15Pending
Estimate$0.06$0.03$0.03$0.12$0.12$0.01−$0.03$0.13
Surprise−16.7%−33.3%0.0%−47.8%−54.6%−300.0%−462.4%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported$13.2M$13.1M$13.2M$14.1M$14.8M$14.9M$18.7MPending
Estimate$12.5M$12.5M$13.7M$14.5M$14.5M$14.6M$17.3M$20.1M
Surprise+5.9%+5.1%−3.3%−2.7%+2.4%+1.9%+8.3%
Estimate$0.13
ReportedDue Nov 11, 2026
Estimate$20.1M
ReportedDue Nov 11, 2026
View details

Debt to equity3.90%
Current ratio473.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$12.1M$13.2M$13.1M$13.2M$14.1M$14.8M$14.9M$18.7M
Net income$2.3M$1.2M−$1.1M−$670.0K$54.0K$1.2M−$296.0K−$3.6M
Net margin18.8%9.2%0.0%0.0%0.4%8.1%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.1M−$1.6M−$1.9M−$2.0M−$1.5M−$1.1M−$2.7M−$4.4M
YoY growthTurned lossTurned lossLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $43.9M · Total debt $2.8M · Total assets $89.4M · Shareholders' equity $73.1M

Revenue
$18.7M
Operating income
−$4.4M
Net income
−$3.6M
View details

No dividends on record.

Institutions≈ 52.64%12.82M shares
136 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders13.74%3.34M shares
13 holders · as of Aug 12, 2026
Other≈ 33.62%8.19M shares
remainder

24.35M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.13%1.74Mas of Jun 30, 2026
Stephen SocolofInsider
6.35%1.55Mfiled Feb 14, 2022
State Street CorpInstitution
4.91%1.19Mas of Jun 30, 2026
D. E. Shaw & Co., Inc.Institution
3.52%857,866as of Jun 30, 2026
Marshall Wace, LLPInstitution
3.42%833,578as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 2, 2026William Earl Cooperofficer: Chief Financial Officer−1,627$8.80
Apr 2, 2026Sanjeev Aggarwaldirector, officer: President and CEO−20,398$8.80
Jul 6, 2026Sean Michael Doughertyofficer: Vice President, Sales−422$19.65
Jul 6, 2026William Earl Cooperofficer: Chief Financial Officer−1,821$19.65
Jul 6, 2026Sanjeev Aggarwaldirector, officer: President and CEO−36,289$19.65
View details

CompareAfter hours

CompanyPriceChange
Everspin Technologies$17.15−2.94%$402.6M72.16.4+41.9%
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