Everspin Tech (MRAM) Expected to Announce Earnings on Wednesday

Everspin Tech (NASDAQ:MRAM) is projected to release its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect Everspin Tech to post earnings of $0.09 per share and revenue of $14.60 million for the quarter. Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 5:00 PM ET.

Everspin Tech (NASDAQ:MRAM) last issued its earnings results on Wednesday, March 4th. The business services provider reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Everspin Tech had a negative return on equity of 0.90% and a negative net margin of 1.06%.The firm had revenue of $14.80 million for the quarter, compared to analysts’ expectations of $14.45 million.

Everspin Tech Trading Up 0.9%

Shares of Everspin Tech stock opened at $12.55 on Wednesday. Everspin Tech has a twelve month low of $5.08 and a twelve month high of $17.24. The stock has a market capitalization of $292.29 million, a P/E ratio of -418.33 and a beta of 0.94. The business’s fifty day moving average price is $10.19 and its 200 day moving average price is $10.28.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Needham & Company LLC reduced their price objective on Everspin Tech from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Wall Street Zen lowered Everspin Tech from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Everspin Tech in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Everspin Tech has an average rating of “Hold” and a consensus target price of $14.00.

Insider Buying and Selling at Everspin Tech

In other news, CEO Sanjeev Aggarwal sold 19,440 shares of Everspin Tech stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $9.20, for a total value of $178,848.00. Following the transaction, the chief executive officer directly owned 847,881 shares of the company’s stock, valued at $7,800,505.20. The trade was a 2.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 6.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Everspin Tech

Several hedge funds and other institutional investors have recently modified their holdings of MRAM. Renaissance Technologies LLC lifted its position in Everspin Tech by 4.6% during the 4th quarter. Renaissance Technologies LLC now owns 261,367 shares of the business services provider’s stock worth $2,425,000 after acquiring an additional 11,600 shares in the last quarter. Geode Capital Management LLC lifted its position in Everspin Tech by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 221,189 shares of the business services provider’s stock worth $2,054,000 after acquiring an additional 8,618 shares in the last quarter. Jane Street Group LLC lifted its position in Everspin Tech by 265.0% during the 4th quarter. Jane Street Group LLC now owns 183,966 shares of the business services provider’s stock worth $1,707,000 after acquiring an additional 133,560 shares in the last quarter. Two Sigma Investments LP lifted its position in Everspin Tech by 63.9% during the 3rd quarter. Two Sigma Investments LP now owns 170,933 shares of the business services provider’s stock worth $1,591,000 after acquiring an additional 66,623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Everspin Tech by 426.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 137,687 shares of the business services provider’s stock worth $1,282,000 after acquiring an additional 111,542 shares in the last quarter. 44.68% of the stock is owned by institutional investors and hedge funds.

Everspin Tech Company Profile

Everspin Technologies, Inc (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin’s non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.

The company’s product portfolio includes discrete MRAM chips, embedded MRAM IP for integration into system-on-chip (SoC) designs and companion devices that leverage MRAM’s fast write speeds and low power consumption.