Everspin Tech (NASDAQ:MRAM) Issues Q1 2026 Earnings Guidance

Everspin Tech (NASDAQ:MRAM) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.070-0.120 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of $14.0 million-$15.0 million, compared to the consensus revenue estimate of $14.7 million.

Everspin Tech Trading Down 15.6%

Shares of Everspin Tech stock opened at $9.11 on Friday. The business’s fifty day simple moving average is $11.59 and its 200 day simple moving average is $9.69. Everspin Tech has a 12 month low of $4.34 and a 12 month high of $17.24. The firm has a market capitalization of $208.25 million, a P/E ratio of -303.67 and a beta of 0.86.

Everspin Tech (NASDAQ:MRAM) last announced its quarterly earnings data on Wednesday, March 4th. The business services provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $14.80 million during the quarter, compared to the consensus estimate of $14.45 million. Everspin Tech had a negative return on equity of 0.91% and a negative net margin of 1.06%.Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Needham & Company LLC decreased their price objective on shares of Everspin Tech from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of Everspin Tech in a research note on Monday, December 29th. Finally, Wall Street Zen cut shares of Everspin Tech from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Everspin Tech currently has an average rating of “Hold” and an average target price of $14.00.

Insiders Place Their Bets

In other news, CFO William Earl Cooper sold 6,807 shares of Everspin Tech stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $12.06, for a total value of $82,092.42. Following the completion of the transaction, the chief financial officer owned 93,193 shares in the company, valued at $1,123,907.58. This trade represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Everspin Tech

Large investors have recently made changes to their positions in the stock. Rhumbline Advisers raised its stake in shares of Everspin Tech by 55.1% during the 1st quarter. Rhumbline Advisers now owns 36,835 shares of the business services provider’s stock valued at $188,000 after purchasing an additional 13,086 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Everspin Tech during the second quarter valued at about $164,000. Marshall Wace LLP bought a new position in shares of Everspin Tech in the second quarter valued at approximately $716,000. Jump Financial LLC bought a new position in shares of Everspin Tech in the second quarter valued at approximately $159,000. Finally, Qube Research & Technologies Ltd grew its stake in Everspin Tech by 41.4% during the second quarter. Qube Research & Technologies Ltd now owns 103,300 shares of the business services provider’s stock valued at $650,000 after acquiring an additional 30,244 shares in the last quarter. 44.68% of the stock is 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.