Everspin Tech (NASDAQ:MRAM – Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Everspin Tech to announce earnings of $0.13 per share and revenue of $20.07 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.
Everspin Tech Stock Performance
Shares of NASDAQ:MRAM opened at $12.59 on Monday. The firm has a market cap of $306.57 million, a price-to-earnings ratio of -114.44 and a beta of 1.88. Everspin Tech has a 1 year low of $7.35 and a 1 year high of $51.50. The business has a fifty day simple moving average of $16.29 and a 200 day simple moving average of $19.32.
Insiders Place Their Bets
In other news, CFO William Cooper sold 3,115 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $19.08, for a total transaction of $59,434.20. Following the transaction, the chief financial officer owned 154,626 shares in the company, valued at $2,950,264.08. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjeev Aggarwal sold 19,572 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $19.08, for a total transaction of $373,433.76. Following the transaction, the chief executive officer owned 813,627 shares in the company, valued at $15,524,003.16. This represents a 2.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 30,378 shares of company stock valued at $579,612 over the last ninety days. Corporate insiders own 6.30% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on MRAM. Needham & Company LLC upped their target price on Everspin Tech from $18.50 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Maxim Group assumed coverage on Everspin Tech in a research note on Monday, October 12th. They set a “buy” rating and a $25.00 price target for the company. Finally, Weiss Ratings lowered Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Everspin Tech presently has a consensus rating of “Hold” and a consensus target price of $22.00.
Read Our Latest Stock Report on Everspin Tech
Everspin Tech Company Profile
Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products. Its nonvolatile memory solutions retain data when power is removed and are designed for applications that require fast performance, high endurance and reliable data retention.
The company offers MRAM products based on toggle and spin-transfer torque (STT) technologies, including parallel and serial-interface memory devices, as well as higher-density solutions for embedded and storage applications.
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