Everspin Tech (NASDAQ:MRAM – Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Everspin Tech to post earnings of $0.13 per share and revenue of $20.07 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.
Everspin Tech Trading Down 1.6%
Shares of NASDAQ MRAM opened at $13.21 on Wednesday. Everspin Tech has a twelve month low of $7.35 and a twelve month high of $51.50. The stock has a 50 day moving average of $16.57 and a two-hundred day moving average of $19.25. The stock has a market cap of $321.66 million, a P/E ratio of 63.90 and a beta of 1.88.
Insider Buying and Selling at Everspin Tech
In other news, CEO Sanjeev Aggarwal sold 19,572 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $19.08, for a total transaction of $373,433.76. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO William Cooper sold 3,115 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $19.08, for a total value of $59,434.20. Following the sale, the chief financial officer owned 154,626 shares of the company’s stock, valued at $2,950,264.08. This trade represents a 1.97% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 30,378 shares of company stock worth $579,612. 6.30% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the stock. Weiss Ratings lowered shares of Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 25th. Needham & Company LLC increased their target price on shares of Everspin Tech from $18.50 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Maxim Group assumed coverage on Everspin Tech in a report on Monday, October 12th. They set a “buy” rating and a $25.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $22.00.
Get Our Latest Research Report on MRAM
About Everspin Tech
Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products for applications that require persistent data storage, fast access, high endurance and reliable operation. Unlike conventional volatile memory, MRAM retains data when power is removed, making it suitable for systems that need rapid recovery and data protection.
The company’s product portfolio includes parallel and serial-peripheral-interface (SPI) MRAM, Toggle MRAM and spin-transfer torque (STT-MRAM) products.
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