Symbols / MRAM $9.48 +3.04% Everspin Technologies, Inc.

Technology • Semiconductors • United States • NGM
MRAM Chart
About

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, 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 and magnetic tunnel junction (MTJ)-based sensors. 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 219.18M
Enterprise Value 178.07M Income -586.00K Sales 55.20M
Book/sh 3.00 Cash/sh 1.92 Dividend Yield —
Payout 0.00% Employees 85 IPO —
P/E — Forward P/E 37.92 PEG —
P/S 3.97 P/B 3.16 P/C —
EV/EBITDA -34.94 EV/Sales 3.23 Quick Ratio 3.94
Current Ratio 4.84 Debt/Eq 4.84 LT Debt/Eq —
EPS (ttm) -0.03 EPS next Y 0.25 EPS Growth -10.80%
Revenue Growth 11.80% Earnings 2026-05-06 ROA -5.01%
ROE -0.89% ROIC — Gross Margin 51.16%
Oper. Margin -7.23% Profit Margin -1.06% Shs Outstand 23.12M
Shs Float 15.11M Short Float 3.49% Short Ratio 1.50
Short Interest — 52W High 17.24 52W Low 4.33
Beta 0.94 Avg Volume 729.99K Volume 288.30K
Target Price $12.50 Recom None Prev Close $9.20
Price $9.48 Change 3.04%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.50
Mean price target
2. Current target
$9.48
Latest analyst target
3. DCF / Fair value
$0.86
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.48
Low
$11.00
High
$14.00
Mean
$12.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-05 main Needham Buy → Buy $14
2025-11-10 main Needham Buy → Buy $11
2024-10-31 reit Needham Buy → Buy $8
2024-08-01 reit Needham Buy → Buy $8
2024-05-02 main Craig-Hallum Buy → Buy $10
2024-05-02 main Needham Buy → Buy $8
2024-02-29 reit Needham Buy → Buy $12
2023-08-03 reit Needham — → Buy $12
2023-03-02 main Needham — → Strong Buy $10
2022-05-12 main Needham — → Strong Buy $9
2022-03-03 main Needham — → Strong Buy $13
2021-11-12 main Needham — → Strong Buy $12
2018-03-16 main Stifel Buy → Buy $13
2017-11-17 main Canaccord Genuity — → Buy $15
2017-08-14 main Canaccord Genuity — → Buy $18
2016-11-02 init Needham — → Strong Buy —
2016-11-02 init Stifel — → Buy —
2016-11-02 init Canaccord Genuity — → Buy —
2016-11-02 init Craig-Hallum — → Buy —
News
RSS: Latest MRAM news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 AGGARWAL SANJEEV Chief Executive Officer — 19,440 $9.20 $178,848
2026-04-01 COOPER WILLIAM EARL Chief Financial Officer — 1,549 $9.20 $14,251
2026-03-31 AGGARWAL SANJEEV Chief Executive Officer — 310,825 $0.00 $0
2026-03-31 COOPER WILLIAM EARL Chief Financial Officer — 80,386 $0.00 $0
2026-03-31 DOUGHERTY SEAN MICHAEL Officer — 18,006 $0.00 $0
2026-03-11 FINCH LAWRENCE G Director — 1,502 $0.00 $0
2026-02-04 AGGARWAL SANJEEV Chief Executive Officer — 7,084 $6.35 $47,294
2026-01-07 COOPER WILLIAM EARL Chief Financial Officer — 6,807 $12.06 $82,092
2026-01-05 AGGARWAL SANJEEV Chief Executive Officer — 25,345 $10.22 $259,026
2025-11-25 LONG TARA Director — 7,500 $7.70 $57,750
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
55.20
+9.52%
50.40
-20.96%
63.77
+6.30%
59.98
Operating Revenue
55.20
+9.52%
50.40
-20.96%
63.77
+6.30%
59.98
Cost Of Revenue
26.96
+11.06%
24.28
-8.46%
26.52
+1.84%
26.04
Reconciled Cost Of Revenue
26.96
+11.06%
24.28
-8.46%
26.52
+1.84%
26.04
Gross Profit
28.24
+8.10%
26.13
-29.85%
37.24
+9.72%
33.95
Operating Expense
34.75
+4.62%
33.22
+5.92%
31.36
+13.14%
27.72
Research And Development
14.09
+2.92%
13.69
+16.22%
11.78
+6.01%
11.11
Selling General And Administration
20.66
+5.81%
19.53
-0.27%
19.58
+17.90%
16.61
Selling And Marketing Expense
6.11
+13.41%
5.39
+1.93%
5.29
+8.61%
4.87
General And Administrative Expense
14.55
+2.91%
14.14
-1.08%
14.30
+21.76%
11.74
Salaries And Wages
—
—
—
—
Other Gand A
14.55
+2.91%
14.14
-1.08%
14.30
+21.76%
11.74
Total Expenses
61.71
+7.33%
57.49
-0.67%
57.88
+7.67%
53.76
Operating Income
-6.51
+8.22%
-7.09
-220.49%
5.88
-5.49%
6.23
Total Operating Income As Reported
-6.51
+8.22%
-7.09
-220.49%
5.88
-5.49%
6.23
EBITDA
-3.30
+38.51%
-5.36
-152.02%
10.30
+39.26%
7.40
Normalized EBITDA
-3.30
+38.51%
-5.36
-152.02%
10.30
+39.26%
7.40
Reconciled Depreciation
3.21
+85.56%
1.73
+43.65%
1.21
+22.71%
0.98
EBIT
-6.51
+8.22%
-7.09
-177.93%
9.10
+41.80%
6.42
Net Income
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Pretax Income
-0.46
-161.67%
0.74
-91.80%
9.04
+47.09%
6.14
Net Non Operating Interest Income Expense
1.65
-6.80%
1.77
+2903.17%
-0.06
+77.01%
-0.27
Interest Expense Non Operating
—
0.00
-100.00%
0.06
-77.01%
0.27
Net Interest Income
1.65
-6.80%
1.77
+2903.17%
-0.06
+77.01%
-0.27
Interest Expense
—
0.00
-100.00%
0.06
-77.01%
0.27
Interest Income Non Operating
1.65
-6.80%
1.77
—
—
Interest Income
1.65
-6.80%
1.77
—
—
Other Income Expense
4.41
-27.38%
6.07
+88.74%
3.21
+1591.58%
0.19
Other Non Operating Income Expenses
4.41
-27.38%
6.07
+88.74%
3.21
+1591.58%
0.19
Tax Provision
0.13
+422.50%
-0.04
-150.00%
-0.02
-214.29%
0.01
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+10400.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Net Income From Continuing Operation Net Minority Interest
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Net Income From Continuing And Discontinued Operation
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Net Income Continuous Operations
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Normalized Income
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Net Income Common Stockholders
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Diluted EPS
-0.03
-175.00%
0.04
-90.48%
0.42
+44.83%
0.29
Basic EPS
-0.03
-175.00%
0.04
-90.91%
0.44
+46.67%
0.30
Basic Average Shares
22.57
+4.28%
21.64
+4.31%
20.75
+3.07%
20.13
Diluted Average Shares
22.57
+1.86%
22.16
+3.69%
21.37
+2.85%
20.78
Diluted NI Availto Com Stockholders
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
84.61
+8.77%
77.79
+15.58%
67.30
+21.63%
55.33
Current Assets
65.16
+1.50%
64.20
+10.92%
57.88
+29.35%
44.75
Cash Cash Equivalents And Short Term Investments
44.45
+5.59%
42.10
+13.94%
36.95
+37.88%
26.80
Cash And Cash Equivalents
44.45
+5.59%
42.10
+13.94%
36.95
+37.88%
26.80
Receivables
8.10
-30.89%
11.72
+1.45%
11.55
+8.34%
10.66
Accounts Receivable
8.23
-31.09%
11.94
+3.96%
11.49
+9.44%
10.50
Receivables Adjustments Allowances
-0.31
+24.45%
-0.41
+0.24%
-0.41
-6.77%
-0.38
Other Receivables
0.18
-4.28%
0.19
-60.63%
0.47
-13.79%
0.55
Inventory
10.73
+17.83%
9.11
+8.57%
8.39
+25.56%
6.68
Raw Materials
0.32
+35.71%
0.24
+25.93%
0.19
-71.62%
0.67
Work In Process
9.27
+23.42%
7.51
+11.69%
6.72
+41.68%
4.75
Finished Goods
1.14
-16.15%
1.36
-7.85%
1.48
+16.29%
1.27
Prepaid Assets
—
—
—
—
Other Current Assets
1.88
+47.56%
1.27
+28.74%
0.99
+63.58%
0.60
Total Non Current Assets
19.45
+43.12%
13.59
+44.19%
9.42
-10.98%
10.59
Net PPE
17.39
+123.85%
7.77
-15.66%
9.21
-12.47%
10.52
Gross PPE
31.77
+51.74%
20.94
-0.75%
21.10
-20.25%
26.45
Accumulated Depreciation
-14.38
-9.20%
-13.17
-10.80%
-11.89
+25.39%
-15.93
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
0.84
+18.04%
0.71
+12.95%
0.63
-71.74%
2.24
Construction In Progress
11.13
0.00
—
—
Other Properties
18.32
-2.28%
18.75
-1.27%
18.99
-16.61%
22.77
Leases
1.48
+0.00%
1.48
+0.00%
1.48
+2.22%
1.44
Goodwill And Other Intangible Assets
1.71
-49.82%
3.42
0.00
—
Other Intangible Assets
1.71
-49.82%
3.42
—
—
Other Non Current Assets
0.34
-85.77%
2.40
+1033.49%
0.21
+241.94%
0.06
Total Liabilities Net Minority Interest
15.69
+3.26%
15.20
+13.56%
13.38
-19.72%
16.67
Current Liabilities
13.45
+35.70%
9.91
+12.94%
8.78
-19.28%
10.88
Payables And Accrued Expenses
8.83
+86.82%
4.73
-34.82%
7.25
+14.91%
6.31
Payables
5.18
+127.39%
2.28
-21.88%
2.92
+4.97%
2.78
Accounts Payable
5.18
+127.39%
2.28
-21.88%
2.92
+4.97%
2.78
Current Accrued Expenses
3.65
+49.08%
2.45
-43.52%
4.34
+22.73%
3.53
Current Debt And Capital Lease Obligation
1.38
+5.74%
1.31
+9.75%
1.19
-67.98%
3.72
Current Debt
—
—
—
2.59
Other Current Borrowings
—
—
—
2.59
Current Capital Lease Obligation
1.38
+5.74%
1.31
+9.75%
1.19
+6.06%
1.12
Current Deferred Liabilities
1.47
-30.30%
2.11
+528.57%
0.34
-59.07%
0.82
Current Deferred Revenue
1.47
-30.30%
2.11
+528.57%
0.34
-59.07%
0.82
Other Current Liabilities
1.77
+0.00%
1.77
—
0.03
Total Non Current Liabilities Net Minority Interest
2.24
-57.61%
5.28
+14.73%
4.60
-20.54%
5.79
Long Term Debt And Capital Lease Obligation
1.96
-41.37%
3.34
-24.01%
4.39
-21.33%
5.58
Long Term Debt
—
—
—
—
Long Term Capital Lease Obligation
1.96
-41.37%
3.34
-24.01%
4.39
-21.33%
5.58
Tradeand Other Payables Non Current
0.27
+65.43%
0.16
-24.30%
0.21
+0.00%
0.21
Other Non Current Liabilities
0.01
-99.16%
1.78
—
—
Stockholders Equity
68.92
+10.10%
62.59
+16.08%
53.92
+39.46%
38.66
Common Stock Equity
68.92
+10.10%
62.59
+16.08%
53.92
+39.46%
38.66
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
22.98
+4.16%
22.06
+4.65%
21.08
+3.47%
20.37
Ordinary Shares Number
22.98
+4.16%
22.06
+4.65%
21.08
+3.47%
20.37
Additional Paid In Capital
206.37
+3.46%
199.46
+4.12%
191.57
+3.35%
185.36
Retained Earnings
-137.46
-0.43%
-136.87
+0.57%
-137.65
+6.17%
-146.70
Total Equity Gross Minority Interest
68.92
+10.10%
62.59
+16.08%
53.92
+39.46%
38.66
Total Capitalization
68.92
+10.10%
62.59
+16.08%
53.92
+39.46%
38.66
Working Capital
51.71
-4.75%
54.29
+10.56%
49.10
+44.96%
33.87
Invested Capital
68.92
+10.10%
62.59
+16.08%
53.92
+30.69%
41.26
Total Debt
3.34
-28.11%
4.64
-16.81%
5.58
-39.97%
9.30
Capital Lease Obligations
3.34
-28.11%
4.64
-16.81%
5.58
-16.74%
6.70
Net Tangible Assets
67.20
+13.56%
59.18
+9.75%
53.92
+39.46%
38.66
Tangible Book Value
67.20
+13.56%
59.18
+9.75%
53.92
+39.46%
38.66
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
9.96
+40.30%
7.10
-45.92%
13.13
+38.29%
9.49
Cash Flow From Continuing Operating Activities
9.96
+40.30%
7.10
-45.92%
13.13
+38.29%
9.49
Net Income From Continuing Operations
-0.59
-175.03%
0.78
-91.37%
9.05
+47.69%
6.13
Depreciation Amortization Depletion
3.21
+85.56%
1.73
+43.65%
1.21
+22.71%
0.98
Depreciation And Amortization
3.21
+85.56%
1.73
+43.65%
1.21
+22.71%
0.98
Other Non Cash Items
0.11
—
0.20
+86.67%
0.10
Stock Based Compensation
5.78
-13.96%
6.71
+34.13%
5.00
+13.54%
4.41
Operating Gains Losses
-0.03
—
-0.04
+78.95%
-0.19
Gain Loss On Investment Securities
—
—
-0.03
-8.70%
-0.02
Gain Loss On Sale Of PPE
-0.03
0.00
+100.00%
-0.01
+91.02%
-0.17
Change In Working Capital
1.48
+169.47%
-2.13
+7.16%
-2.29
-17.98%
-1.94
Change In Receivables
3.62
+2255.36%
-0.17
+81.10%
-0.89
+64.04%
-2.47
Changes In Account Receivables
3.62
+2255.36%
-0.17
+81.10%
-0.89
+64.04%
-2.47
Change In Inventory
-1.62
-125.87%
-0.72
+57.90%
-1.71
-495.12%
-0.29
Change In Prepaid Assets
-0.60
-113.03%
-0.28
+26.04%
-0.38
-343.04%
0.16
Change In Payables And Accrued Expense
0.30
+113.19%
-2.31
-277.65%
1.30
+151.84%
0.52
Change In Accrued Expense
0.81
+141.57%
-1.94
-341.47%
0.80
+1845.65%
-0.05
Change In Payable
-0.50
-33.96%
-0.37
-174.95%
0.50
-11.37%
0.56
Change In Account Payable
-0.50
-33.96%
-0.37
-174.95%
0.50
-11.37%
0.56
Change In Other Working Capital
-0.64
-136.04%
1.78
+466.19%
-0.48
-4309.09%
-0.01
Change In Other Current Assets
0.36
+173.17%
-0.49
-228.00%
-0.15
-435.71%
-0.03
Change In Other Current Liabilities
0.06
-18.92%
0.07
+208.33%
0.02
-86.81%
0.18
Investing Cash Flow
-8.67
-183.46%
-3.06
-120.94%
-1.39
+46.44%
-2.59
Cash Flow From Continuing Investing Activities
-8.67
-183.46%
-3.06
-120.94%
-1.39
+46.44%
-2.59
Net PPE Purchase And Sale
-6.84
-124.27%
-3.05
-120.14%
-1.39
+46.44%
-2.59
Purchase Of PPE
-6.84
-124.27%
-3.05
-117.17%
-1.40
+49.64%
-2.79
Sale Of PPE
—
0.00
-100.00%
0.02
-90.59%
0.20
Capital Expenditure
-8.67
-183.46%
-3.06
-117.95%
-1.40
+49.64%
-2.79
Net Intangibles Purchase And Sale
-1.84
-16590.91%
-0.01
0.00
—
Purchase Of Intangibles
-1.84
-16590.91%
-0.01
0.00
—
Financing Cash Flow
1.07
-4.05%
1.11
+169.85%
-1.59
-4.67%
-1.52
Cash Flow From Continuing Financing Activities
1.07
-4.05%
1.11
+169.85%
-1.59
-4.67%
-1.52
Net Issuance Payments Of Debt
-0.07
-1.52%
-0.07
+97.63%
-2.79
-16.25%
-2.40
Repayment Of Debt
-0.07
-1.52%
-0.07
+97.63%
-2.79
-16.25%
-2.40
Long Term Debt Payments
-0.07
-1.52%
-0.07
+97.63%
-2.79
-16.25%
-2.40
Net Long Term Debt Issuance
-0.07
-1.52%
-0.07
+97.63%
-2.79
-16.25%
-2.40
Net Common Stock Issuance
—
—
—
—
Proceeds From Stock Option Exercised
1.13
-3.74%
1.18
-1.67%
1.20
+34.76%
0.89
Net Other Financing Charges
—
—
—
-0.01
Changes In Cash
2.35
-54.32%
5.15
-49.26%
10.15
+88.47%
5.39
Beginning Cash Position
42.10
+13.94%
36.95
+37.88%
26.80
+25.16%
21.41
End Cash Position
44.45
+5.59%
42.10
+13.94%
36.95
+37.88%
26.80
Free Cash Flow
1.29
-68.16%
4.04
-65.55%
11.72
+74.85%
6.71
Interest Paid Supplemental Data
—
0.00
-100.00%
0.04
-78.11%
0.17
Income Tax Paid Supplemental Data
0.04
-81.19%
0.20
0.00
—
Common Stock Issuance
—
—
—
—
Issuance Of Capital Stock
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
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