Everspin Tech (NASDAQ:MRAM – Get Free Report) is projected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.01 per share and revenue of $17.30 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.
Everspin Tech Price Performance
Everspin Tech stock opened at $14.53 on Monday. The business has a 50 day moving average of $21.77 and a 200-day moving average of $17.01. Everspin Tech has a 1 year low of $5.76 and a 1 year high of $51.50. The company has a market capitalization of $340.73 million, a P/E ratio of 1,454.45 and a beta of 1.94.
Analyst Upgrades and Downgrades
MRAM has been the topic of several recent research reports. Weiss Ratings downgraded shares of Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 28th. Needham & Company LLC upped their target price on Everspin Tech from $14.00 to $18.50 and gave the company a “buy” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Everspin Tech has an average rating of “Hold” and an average target price of $18.50.
Insider Activity at Everspin Tech
In other Everspin Tech news, CFO William Earl Cooper sold 1,549 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $22.34, for a total value of $34,604.66. Following the transaction, the chief financial officer directly owned 149,481 shares of the company’s stock, valued at approximately $3,339,405.54. The trade was a 1.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Glen Hawk sold 48,563 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $37.95, for a total value of $1,842,965.85. Following the transaction, the director owned 39,551 shares in the company, valued at $1,500,960.45. The trade was a 55.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 159,843 shares of company stock worth $5,014,468 over the last quarter. 6.30% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in Everspin Tech in the second quarter worth $25,000. Kestra Advisory Services LLC acquired a new stake in shares of Everspin Tech in the 4th quarter valued at about $41,000. State Street Corp increased its position in Everspin Tech by 5.7% in the 4th quarter. State Street Corp now owns 85,288 shares of the business services provider’s stock valued at $791,000 after buying an additional 4,600 shares in the last quarter. Bank of America Corp DE increased its position in Everspin Tech by 28.6% in the 2nd quarter. Bank of America Corp DE now owns 27,150 shares of the business services provider’s stock valued at $171,000 after buying an additional 6,041 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Everspin Tech by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 221,189 shares of the business services provider’s stock valued at $2,054,000 after buying an additional 8,618 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.
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