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Everspin Technologies - MRAM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $9.00
  • Forecasted Upside: 44.46%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$6.23 As of 12/20/2024 06:16 PM ET
▼ -0.13 (-2.04%)

This chart shows the closing price for MRAM by one month, three months, or twelve months.

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Analyst Price Target for MRAM

Analyst Price Target is $9.00
▲ +44.46% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Everspin Technologies in the last 3 months. The average price target is $9.00, with a high forecast of $10.00 and a low forecast of $8.00. The average price target represents a 44.46% upside from the last price of $6.23.

This chart shows the closing price for MRAM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Everspin Technologies. This rating has held steady since July 2023, when it changed from a Strong Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/31/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
8/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
5/2/2024Craig HallumLower TargetBuy ➝ Buy$11.00 ➝ $10.00
5/2/2024Needham & Company LLCLower TargetBuy ➝ Buy$12.00 ➝ $8.00
2/29/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$12.00
8/3/2023Needham & Company LLCReiterated RatingBuy$12.00
6/30/2023Craig HallumBoost Target$10.00 ➝ $12.00
3/2/2023Needham & Company LLCBoost TargetStrong-Buy$9.00 ➝ $10.00
11/15/2022Craig HallumLower Target$9.00
3/3/2022Needham & Company LLCBoost TargetStrong-Buy$12.00 ➝ $13.00
11/12/2021Needham & Company LLCBoost TargetStrong-Buy$10.00 ➝ $12.00
6/10/2020Needham & Company LLCReiterated RatingBuy
5/8/2020Needham & Company LLCReiterated RatingBuy$10.00
3/13/2020Needham & Company LLCReiterated RatingBuy$10.00
1/15/2020Needham & Company LLCReiterated RatingBuy$10.00
(Data available from 12/22/2019 forward)

News Sentiment Rating

0.92 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/26/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2024
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2024
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/22/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2024

Current Sentiment

  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Everspin Technologies logo
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.
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Today's Range

Now: $6.23
Low: $6.08
High: $6.32

50 Day Range

MA: $6.19
Low: $5.81
High: $6.82

52 Week Range

Now: $6.23
Low: $4.89
High: $9.43

Volume

403,105 shs

Average Volume

99,914 shs

Market Capitalization

$136.87 million

P/E Ratio

103.83

Dividend Yield

N/A

Beta

0.9

Frequently Asked Questions

What sell-side analysts currently cover shares of Everspin Technologies?

The following Wall Street sell-side analysts have issued research reports on Everspin Technologies in the last year: Craig Hallum, Needham & Company LLC, and StockNews.com.
View the latest analyst ratings for MRAM.

What is the current price target for Everspin Technologies?

0 Wall Street analysts have set twelve-month price targets for Everspin Technologies in the last year. Their average twelve-month price target is $9.00, suggesting a possible upside of 44.5%. Craig Hallum has the highest price target set, predicting MRAM will reach $10.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $8.00 for Everspin Technologies in the next year.
View the latest price targets for MRAM.

What is the current consensus analyst rating for Everspin Technologies?

Everspin Technologies currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MRAM will outperform the market and that investors should add to their positions of Everspin Technologies.
View the latest ratings for MRAM.

What other companies compete with Everspin Technologies?

Other companies that are similar to Everspin Technologies include nLIGHT, Nano Dimension, SkyWater Technology, Kimball Electronics and Clearfield. Learn More about companies similar to Everspin Technologies.

How do I contact Everspin Technologies' investor relations team?

Everspin Technologies' physical mailing address is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. The business services provider's listed phone number is (480) 347-1111 and its investor relations email address is [email protected]. The official website for Everspin Technologies is www.everspin.com. Learn More about contacing Everspin Technologies investor relations.