Everspin Tech (NASDAQ:MRAM – Get Free Report) issued an update on its fourth quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.080-0.130 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $14.0 million-$15.0 million, compared to the consensus revenue estimate of $14.4 million.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Everspin Tech in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Everspin Tech from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Everspin Tech
Everspin Tech Trading Up 6.9%
Everspin Tech (NASDAQ:MRAM – Get Free Report) last issued its earnings results on Wednesday, August 6th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). The company had revenue of $13.20 million during the quarter, compared to analyst estimates of $13.00 million. Everspin Tech had a return on equity of 2.65% and a net margin of 3.19%.
Insider Buying and Selling at Everspin Tech
In other news, CEO Sanjeev Aggarwal sold 17,147 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $10.15, for a total transaction of $174,042.05. Following the completion of the sale, the chief executive officer owned 574,757 shares of the company’s stock, valued at approximately $5,833,783.55. This trade represents a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have sold 20,272 shares of company stock valued at $192,963. 6.90% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Everspin Tech
Several hedge funds have recently made changes to their positions in MRAM. Brevan Howard Capital Management LP bought a new stake in shares of Everspin Tech during the second quarter worth approximately $227,000. Bank of America Corp DE lifted its position in shares of Everspin Tech by 28.6% during the 2nd quarter. Bank of America Corp DE now owns 27,150 shares of the business services provider’s stock worth $171,000 after buying an additional 6,041 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Everspin Tech in the 2nd quarter valued at approximately $363,000. Raymond James Financial Inc. bought a new stake in shares of Everspin Tech during the second quarter worth $25,000. Finally, Occudo Quantitative Strategies LP acquired a new position in shares of Everspin Tech during the second quarter worth $70,000. 44.68% of the stock is owned by institutional investors.
About Everspin Tech
Everspin Technologies, Inc engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products.
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