Everspin Tech (NASDAQ:MRAM) Posts Earnings Results, Beats Expectations By $0.01 EPS

Everspin Tech (NASDAQ:MRAM) posted its earnings results on Wednesday. The business services provider reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01, FiscalAI reports. Everspin Tech had a negative return on equity of 0.89% and a negative net margin of 1.06%.The company had revenue of $14.80 million for the quarter, compared to analyst estimates of $14.45 million. Everspin Tech updated its Q1 2026 guidance to 0.070-0.120 EPS.

Here are the key takeaways from Everspin Tech’s conference call:

• Reported $14.8 million in Q4 revenue and $0.11 non‑GAAP EPS (MRAM product sales up 22% YoY); Q1 revenue guidance is $14–15M with non‑GAAP EPS of $0.07–$0.12.
• Ramped the PERSYST 64Mb xSPI STT‑MRAM High‑Reliability to full production with shipments to LEO satellite customers, and is qualifying 128Mb/256Mb HR parts and planning a monolithic 256Mb tape‑out on TSMC 16nm in H2 to launch the Unified Memory family.
• Momentum of 238 design wins in 2025 (vs. 178 prior year) plus partnerships with Microchip, Lattice, Fraunhofer, imec, PACE and Quintauris support a chiplet/Unisys strategy aimed at reaching a $100M revenue target in 3–5 years.
• Recognized $10.5M to date (including $2M in Q4) from a $14.6M DoD contractor contract to develop an onshore MRAM sustainment plan, expected to complete in H1 2027, providing non‑product income and manufacturing support.
• Licensing/other revenue fell to $1.3M in Q4 (from $2.2M) and management warns of a sequential decline in non‑product revenue and a potential gross‑margin headwind; NOR‑flash replacement upside is promising but timing is uncertain and contingent on customer qualification cycles.

Everspin Tech Trading Down 13.2%

MRAM traded down $1.42 during trading on Thursday, hitting $9.37. The company’s stock had a trading volume of 742,047 shares, compared to its average volume of 880,205. The firm has a market capitalization of $214.17 million, a price-to-earnings ratio of -312.33 and a beta of 0.86. Everspin Tech has a twelve month low of $4.34 and a twelve month high of $17.24. The business’s fifty day simple moving average is $11.59 and its 200 day simple moving average is $9.70.

Insider Activity

In other news, CFO William Earl Cooper sold 6,807 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $12.06, for a total transaction of $82,092.42. Following the completion of the sale, the chief financial officer owned 93,193 shares of the company’s stock, valued at $1,123,907.58. This represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Everspin Tech

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new position in Everspin Tech during the 4th quarter valued at about $322,000. Occudo Quantitative Strategies LP lifted its position in shares of Everspin Tech by 130.0% during the fourth quarter. Occudo Quantitative Strategies LP now owns 24,053 shares of the business services provider’s stock worth $223,000 after purchasing an additional 13,594 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Everspin Tech in the fourth quarter valued at approximately $155,000. Trexquant Investment LP acquired a new position in shares of Everspin Tech in the fourth quarter valued at approximately $156,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Everspin Tech in the fourth quarter valued at approximately $405,000. Institutional investors and hedge funds own 44.68% of the company’s stock.

Wall Street Analyst Weigh In

MRAM has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Everspin Tech in a research report on Monday, December 29th. Wall Street Zen lowered Everspin Tech from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC lowered their price target on Everspin Tech from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $14.00.

Trending Headlines about Everspin Tech

Here are the key news stories impacting Everspin Tech this week:

• Positive Sentiment: Analyst support remains: Needham cut its price target from $15.00 to $14.00 but kept a “buy” rating, implying substantial upside from current levels and signaling continued analyst confidence in Everspin’s recovery potential. Benzinga
• Positive Sentiment: Management highlighted demand strength in Data Center, Energy Management, and Industrial Automation in the company press release, suggesting secular end‑market drivers that could support revenue growth going forward. Business Wire
• Neutral Sentiment: Revenue was roughly in line (reported $14.8M vs. consensus ~$14.45M), and Q1 FY2026 guidance of $14.0M–$15.0M (EPS guidance $0.070–$0.120) sits around Street expectations — guidance is not clearly bullish, but not deeply negative either. Press Release
• Neutral Sentiment: Full Q4 earnings call transcripts are now available (Seeking Alpha and AOL), offering more color for investors who want to parse management language on product demand, margins and supply dynamics; these may influence sentiment as analysts digest details. Seeking Alpha Transcript AOL Transcript
• Neutral Sentiment: Reported short‑interest data in the feed is unreliable/zeroed out (no actionable short‑interest signal provided), so short activity likely isn’t a current driver based on available figures.
• Negative Sentiment: Earnings miss: Everspin reported Q4 EPS of $0.05 versus the $0.10 consensus (a $0.05 shortfall). The EPS miss — despite revenue roughly in line — is the principal reason investors sold the stock this session as it raises near‑term profitability concerns. MarketBeat / Earnings

About Everspin Tech

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.