Everspin Technologies (NASDAQ:MRAM) Releases Q1 2025 Earnings Guidance

Everspin Technologies (NASDAQ:MRAM) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.050-0.000 for the period, compared to the consensus earnings per share estimate of 0.060. The company issued revenue guidance of $12.0 million-$13.0 million, compared to the consensus revenue estimate of $12.3 million.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $8.00 price target on shares of Everspin Technologies in a research note on Thursday, October 31st. StockNews.com upgraded shares of Everspin Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, December 28th.

Everspin Technologies Stock Performance

MRAM traded up $0.14 during midday trading on Wednesday, hitting $5.69. The stock had a trading volume of 223,269 shares, compared to its average volume of 94,236. Everspin Technologies has a 1 year low of $4.89 and a 1 year high of $9.39. The business has a fifty day moving average of $6.18 and a 200 day moving average of $6.01. The company has a market cap of $125.02 million, a P/E ratio of 94.83 and a beta of 0.88.

Everspin Technologies (NASDAQ:MRAM) last announced its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Everspin Technologies had a net margin of 2.85% and a return on equity of 2.74%.

About Everspin Technologies

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.