Everspin Tech (NASDAQ:MRAM) Updates Q3 2026 Earnings Guidance

Everspin Tech (NASDAQ:MRAM) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.100-0.150 for the period, compared to the consensus EPS estimate of 0.100. The company issued revenue guidance of $19.5 million-$20.5 million, compared to the consensus revenue estimate of $18.4 million.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MRAM. Weiss Ratings lowered shares of Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. Needham & Company LLC boosted their price target on shares of Everspin Tech from $18.50 to $19.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Everspin Tech currently has a consensus rating of “Hold” and a consensus target price of $19.00.

Everspin Tech Stock Performance

Everspin Tech stock opened at $15.65 on Friday. The business’s fifty day moving average is $20.51 and its two-hundred day moving average is $17.12. The firm has a market cap of $366.96 million, a P/E ratio of -142.26 and a beta of 1.94. Everspin Tech has a 52 week low of $5.86 and a 52 week high of $51.50.

Insider Buying and Selling at Everspin Tech

In related news, Director Darin G. Billerbeck sold 30,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $37.16, for a total transaction of $1,114,800.00. Following the transaction, the director owned 124,073 shares in the company, valued at $4,610,552.68. This represents a 19.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Geoffrey G. Ribar sold 27,488 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $28.87, for a total transaction of $793,578.56. Following the completion of the sale, the director owned 94,063 shares of the company’s stock, valued at $2,715,598.81. The trade was a 22.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 148,843 shares of company stock worth $4,775,218 over the last quarter. Corporate insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MRAM. Raymond James Financial Inc. acquired a new position in shares of Everspin Tech during the second quarter valued at $25,000. Kestra Advisory Services LLC bought a new stake in Everspin Tech during the 4th quarter worth about $41,000. Occudo Quantitative Strategies LP bought a new stake in Everspin Tech during the 2nd quarter worth about $70,000. Algert Global LLC acquired a new position in Everspin Tech during the 3rd quarter valued at about $102,000. Finally, Balyasny Asset Management L.P. acquired a new position in Everspin Tech during the 4th quarter valued at about $155,000. 44.68% of the stock is currently owned by institutional investors.

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.