MRAM Chart
About

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 261.82M
Enterprise Value 211.43M Income -568.00K Sales 53.64M
Book/sh 2.89 Cash/sh 1.98 Dividend Yield —
Payout 0.00% Employees 86 IPO —
P/E — Forward P/E 38.18 PEG —
P/S 4.88 P/B 3.96 P/C —
EV/EBITDA -52.86 EV/Sales 3.94 Quick Ratio 4.73
Current Ratio 5.84 Debt/Eq 5.57 LT Debt/Eq —
EPS (ttm) -0.02 EPS next Y 0.30 EPS Growth -97.70%
Revenue Growth 16.30% Earnings 2026-03-04 ROA -5.72%
ROE -0.91% ROIC — Gross Margin 51.31%
Oper. Margin -10.99% Profit Margin -1.06% Shs Outstand 22.86M
Shs Float 14.86M Short Float 2.99% Short Ratio 0.60
Short Interest — 52W High 17.24 52W Low 4.33
Beta 0.83 Avg Volume 620.50K Volume 161.34K
Target Price $10.50 Recom None Prev Close $11.07
Price $11.46 Change 3.48%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.50
Mean price target
2. Current target
$11.46
Latest analyst target
3. DCF / Fair value
$2.43
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$11.46
Low
$10.50
High
$10.50
Mean
$10.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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 —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 7084 47294 — Conversion of Exercise of derivative security at price 6.35 - 9.12 per share. AGGARWAL SANJEEV Chief Executive Officer — 2026-02-04 00:00:00 D
1 6807 82092 — Sale at price 12.06 per share. COOPER WILLIAM EARL Chief Financial Officer — 2026-01-07 00:00:00 D
2 25345 259026 — Sale at price 10.22 per share. AGGARWAL SANJEEV Chief Executive Officer — 2026-01-05 00:00:00 D
3 7500 57750 — Sale at price 7.70 per share. LONG TARA Director — 2025-11-25 00:00:00 D
4 1529 — — Stock Award(Grant) at price 0.00 per share. FINCH LAWRENCE G Director — 2025-11-12 00:00:00 D
5 12000 113040 — Sale at price 9.42 per share. BILLERBECK DARIN G Director — 2025-11-10 00:00:00 D
6 12000 86400 — Conversion of Exercise of derivative security at price 7.20 per share. BILLERBECK DARIN G Director — 2025-11-10 00:00:00 D
7 17147 174042 — Sale at price 10.15 per share. AGGARWAL SANJEEV Chief Executive Officer — 2025-10-02 00:00:00 D
8 2165 — — Stock Award(Grant) at price 0.00 per share. FINCH LAWRENCE G Director — 2025-08-13 00:00:00 D
9 1768 10643 — Sale at price 6.02 per share. AGGARWAL SANJEEV Chief Executive Officer — 2025-08-08 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.000.00
NormalizedEBITDA2.47M10.30M7.40M6.35M
NetIncomeFromContinuingOperationNetMinorityInterest781.00K9.05M6.13M4.34M
ReconciledDepreciation1.73M1.21M982.00K1.46M
ReconciledCostOfRevenue24.28M26.52M26.04M22.07M
EBITDA2.47M10.30M7.40M6.35M
EBIT741.00K9.10M6.42M4.89M
NetInterestIncome0.00-63.00K-274.00K-547.00K
InterestExpense0.0063.00K274.00K547.00K
NormalizedIncome781.00K9.05M6.13M4.34M
NetIncomeFromContinuingAndDiscontinuedOperation781.00K9.05M6.13M4.34M
TotalExpenses57.49M57.88M53.76M50.11M
TotalOperatingIncomeAsReported-7.09M5.88M6.23M5.04M
DilutedAverageShares22.16M21.37M20.78M19.97M
BasicAverageShares21.64M20.75M20.13M19.40M
DilutedEPS0.040.420.290.22
BasicEPS0.040.440.300.22
DilutedNIAvailtoComStockholders781.00K9.05M6.13M4.34M
NetIncomeCommonStockholders781.00K9.05M6.13M4.34M
NetIncome781.00K9.05M6.13M4.34M
NetIncomeIncludingNoncontrollingInterests781.00K9.05M6.13M4.34M
NetIncomeContinuousOperations781.00K9.05M6.13M4.34M
TaxProvision-40.00K-16.00K14.00K4.00K
PretaxIncome741.00K9.04M6.14M4.35M
OtherIncomeExpense7.83M3.21M190.00K-141.00K
OtherNonOperatingIncomeExpenses7.83M3.21M190.00K-141.00K
NetNonOperatingInterestIncomeExpense0.00-63.00K-274.00K-547.00K
InterestExpenseNonOperating0.0063.00K274.00K547.00K
OperatingIncome-7.09M5.88M6.23M5.04M
OperatingExpense33.22M31.36M27.72M28.04M
ResearchAndDevelopment13.69M11.78M11.11M12.63M
SellingGeneralAndAdministration19.53M19.58M16.61M15.41M
SellingAndMarketingExpense5.39M5.29M4.87M4.46M
GeneralAndAdministrativeExpense14.14M14.30M11.74M10.95M
OtherGandA14.14M14.30M11.74M10.95M
SalariesAndWages1.47M
GrossProfit26.13M37.24M33.95M33.07M
CostOfRevenue24.28M26.52M26.04M22.07M
TotalRevenue50.40M63.77M59.98M55.15M
OperatingRevenue50.40M63.77M59.98M55.15M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber22.06M21.08M20.37M19.86M
ShareIssued22.06M21.08M20.37M19.86M
TotalDebt4.64M5.58M9.30M5.69M
TangibleBookValue59.18M53.92M38.66M27.24M
InvestedCapital62.59M53.92M41.26M32.14M
WorkingCapital54.29M49.10M33.87M26.43M
NetTangibleAssets59.18M53.92M38.66M27.24M
CapitalLeaseObligations4.64M5.58M6.70M792.00K
CommonStockEquity62.59M53.92M38.66M27.24M
TotalCapitalization62.59M53.92M38.66M28.77M
TotalEquityGrossMinorityInterest62.59M53.92M38.66M27.24M
StockholdersEquity62.59M53.92M38.66M27.24M
RetainedEarnings-136.87M-137.65M-146.70M-152.83M
AdditionalPaidInCapital199.46M191.57M185.36M180.07M
CapitalStock2.00K2.00K2.00K2.00K
CommonStock2.00K2.00K2.00K2.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest15.20M13.38M16.67M12.14M
TotalNonCurrentLiabilitiesNetMinorityInterest5.28M4.60M5.79M1.81M
OtherNonCurrentLiabilities1.78M
TradeandOtherPayablesNonCurrent162.00K214.00K214.00K214.00K
LongTermDebtAndCapitalLeaseObligation3.34M4.39M5.58M1.60M
LongTermCapitalLeaseObligation3.34M4.39M5.58M68.00K
LongTermDebt1.53M
CurrentLiabilities9.91M8.78M10.88M10.33M
OtherCurrentLiabilities1.77M27.00K50.00K
CurrentDeferredLiabilities2.11M336.00K821.00K832.00K
CurrentDeferredRevenue2.11M336.00K821.00K832.00K
CurrentDebtAndCapitalLeaseObligation1.31M1.19M3.72M4.09M
CurrentCapitalLeaseObligation1.31M1.19M1.12M724.00K
CurrentDebt2.59M3.37M
OtherCurrentBorrowings2.59M3.37M
PayablesAndAccruedExpenses4.73M7.25M6.31M5.36M
CurrentAccruedExpenses2.45M4.34M3.53M3.58M
Payables2.28M2.92M2.78M1.78M
AccountsPayable2.28M2.92M2.78M1.78M
TotalAssets77.79M67.30M55.33M39.38M
TotalNonCurrentAssets13.59M9.42M10.59M2.62M
OtherNonCurrentAssets2.40M212.00K62.00K734.00K
GoodwillAndOtherIntangibleAssets3.42M0.00
OtherIntangibleAssets3.42M
NetPPE7.77M9.21M10.52M1.89M
AccumulatedDepreciation-13.17M-11.89M-15.93M-15.20M
GrossPPE20.94M21.10M26.45M17.09M
Leases1.48M1.48M1.44M1.44M
OtherProperties18.75M18.99M22.77M13.52M
MachineryFurnitureEquipment715.00K633.00K2.24M2.12M
Properties0.000.000.000.00
CurrentAssets64.20M57.88M44.75M36.76M
OtherCurrentAssets1.27M988.00K604.00K762.00K
PrepaidAssets762.00K
Inventory9.11M8.39M6.68M6.40M
FinishedGoods1.36M1.48M1.27M1.31M
WorkInProcess7.51M6.72M4.75M4.62M
RawMaterials238.00K189.00K666.00K464.00K
Receivables11.72M11.55M10.66M8.19M
ReceivablesAdjustmentsAllowances-409.00K-410.00K-384.00K-397.00K
OtherReceivables187.00K475.00K551.00K450.00K
AccountsReceivable11.94M11.49M10.50M8.14M
CashCashEquivalentsAndShortTermInvestments42.10M36.95M26.80M21.41M
CashAndCashEquivalents42.10M36.95M26.80M21.41M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow4.04M11.72M6.71M8.33M
RepaymentOfDebt-66.00K-2.79M-2.40M-3.40M
IssuanceOfCapitalStock0.00
CapitalExpenditure-3.06M-1.40M-2.79M-1.03M
InterestPaidSupplementalData0.0037.00K169.00K228.00K
IncomeTaxPaidSupplementalData202.00K0.00
EndCashPosition42.10M36.95M26.80M21.41M
BeginningCashPosition36.95M26.80M21.41M14.60M
ChangesInCash5.15M10.15M5.39M6.81M
FinancingCashFlow1.11M-1.59M-1.52M-1.52M
CashFlowFromContinuingFinancingActivities1.11M-1.59M-1.52M-1.52M
NetOtherFinancingCharges-10.00K-11.00K
ProceedsFromStockOptionExercised1.18M1.20M889.00K1.89M
NetCommonStockIssuance0.00
CommonStockIssuance0.00
NetIssuancePaymentsOfDebt-66.00K-2.79M-2.40M-3.40M
NetLongTermDebtIssuance-66.00K-2.79M-2.40M-3.40M
LongTermDebtPayments-66.00K-2.79M-2.40M-3.40M
InvestingCashFlow-3.06M-1.39M-2.59M-1.03M
CashFlowFromContinuingInvestingActivities-3.06M-1.39M-2.59M-1.03M
NetIntangiblesPurchaseAndSale-11.00K0.00
PurchaseOfIntangibles-11.00K0.00
NetPPEPurchaseAndSale-3.05M-1.39M-2.59M-1.03M
SaleOfPPE0.0019.00K202.00K0.00
PurchaseOfPPE-3.05M-1.40M-2.79M-1.03M
OperatingCashFlow7.10M13.13M9.49M9.36M
CashFlowFromContinuingOperatingActivities7.10M13.13M9.49M9.36M
ChangeInWorkingCapital-2.13M-2.29M-1.94M-4.00K
ChangeInOtherWorkingCapital1.78M-485.00K-11.00K832.00K
ChangeInOtherCurrentLiabilities74.00K24.00K182.00K-219.00K
ChangeInOtherCurrentAssets-492.00K-150.00K-28.00K11.00K
ChangeInPayablesAndAccruedExpense-2.31M1.30M517.00K1.12M
ChangeInAccruedExpense-1.94M803.00K-46.00K1.70M
ChangeInPayable-374.00K499.00K563.00K-571.00K
ChangeInAccountPayable-374.00K499.00K563.00K-571.00K
ChangeInPrepaidAssets-284.00K-384.00K158.00K-492.00K
ChangeInInventory-719.00K-1.71M-287.00K-675.00K
ChangeInReceivables-168.00K-889.00K-2.47M-586.00K
ChangesInAccountReceivables-168.00K-889.00K-2.47M-586.00K
OtherNonCashItems196.00K105.00K319.00K
StockBasedCompensation6.71M5.00M4.41M3.23M
DepreciationAmortizationDepletion1.73M1.21M982.00K1.46M
DepreciationAndAmortization1.73M1.21M982.00K1.46M
OperatingGainsLosses-40.00K-190.00K19.00K
GainLossOnInvestmentSecurities-25.00K-23.00K19.00K
GainLossOnSaleOfPPE0.00-15.00K-167.00K0.00
NetIncomeFromContinuingOperations781.00K9.05M6.13M4.34M
SEC Filings

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

Public Trades for MRAM
Date User Asset Broker Type Position Size Entry Price Patterns