Everspin Tech (NASDAQ:MRAM) Releases Q4 2026 Earnings Guidance

Everspin Tech (NASDAQ:MRAM) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided EPS guidance of 0.130-0.180 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $21.5 million-$22.5 million, compared to the consensus revenue estimate of $20.9 million.

Everspin Tech Stock Performance

Shares of NASDAQ MRAM traded down $0.82 during midday trading on Friday, reaching $13.61. The company’s stock had a trading volume of 78,270 shares, compared to its average volume of 1,668,898. The company has a market cap of $331.40 million, a P/E ratio of -34.12 and a beta of 1.88. Everspin Tech has a fifty-two week low of $7.35 and a fifty-two week high of $51.50. The business’s 50 day moving average price is $15.97 and its two-hundred day moving average price is $16.67.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings cut shares of Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 25th. Needham & Company LLC increased their price objective on Everspin Tech from $18.50 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Maxim Group initiated coverage on shares of Everspin Tech in a report on Monday, October 12th. They issued a “buy” rating and a $25.00 target price on the stock. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Everspin Tech currently has an average rating of “Hold” and a consensus target price of $22.00.

Insider Activity

In other news, VP Sean Michael Dougherty sold 7,691 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $19.08, for a total value of $146,744.28. Following the transaction, the vice president owned 100,028 shares in the company, valued at $1,908,534.24. The trade was a 7.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sanjeev Aggarwal sold 19,572 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $19.08, for a total value of $373,433.76. Following the sale, the chief executive officer directly owned 813,627 shares of the company’s stock, valued at approximately $15,524,003.16. This represents a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 30,378 shares of company stock worth $579,612 over the last quarter. Insiders own 6.30% of the company’s stock.

Everspin Tech Company Profile

Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products. Its nonvolatile memory solutions retain data when power is removed and are designed for applications that require fast performance, high endurance and reliable data retention.

The company offers MRAM products based on toggle and spin-transfer torque (STT) technologies, including parallel and serial-interface memory devices, as well as higher-density solutions for embedded and storage applications.