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Everspin Technologies, Inc. (MRAM)

Technology | Semiconductors | Chandler, United States | NasdaqGM
16.55 USD -0.91 (-5.212%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.59 +0.04 (0.232%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:19 a.m. EDT

The investment case here is defined by a stark disconnect between a deteriorating operational reality and a speculative narrative fueled by a single contract. Fundamentally, the business is struggling: profit margins are negative, free cash flow is burning capital, and the stock has lost more than half its value over the last eight years despite a recent year-over-year recovery. While the company recently secured a $40 million defense deal, the broader financial picture shows weak operating leverage and a lack of consistent profitability. Technically, the stock is volatile with a high beta, trading well below its 52-week high but showing some recent resilience. However, the statistical forecasting models are unreliable and point to a slight downside, which contradicts the bullish options flow. The heavy call open interest at higher strikes indicates traders are betting on a catalyst-driven surge, likely tied to the defense news, but this is a high-risk momentum play rather than a fundamental turnaround. With no dividend to provide income and significant cash burn, this remains a speculative hold rather than a core investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.441912
AutoARIMA0.441918
MSTL0.443750
AutoTheta0.794493

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 30%
H-stat 2.31
Ljung-Box p 0.000
Jarque-Bera p 0.265
Excess Kurtosis -0.23
Attribute Value
Sector Technology
Debt to Equity Ratio 3.875
Revenue per Share 2.698
Market Cap 402,992,608
Forward P/E 34.24
Beta 1.92
Profit Margins -4.22%
Website https://www.everspin.com

As of Aug. 22, 2026, 1:19 a.m. EDT: Speculators are heavily positioned for upside moves, with open interest concentrated significantly out-of-the-money at strikes of 25 and 30 for September and December expirations. This suggests a bullish bias expecting a rally toward the upper end of the analyst target range. Conversely, put volume is clustered in-the-money around the 15 strike, indicating a floor or hedging strategy rather than a bearish bet on further collapse. Implied volatility is elevated, reflecting uncertainty around the recent defense contract news.


Info Dump

Attribute Value
52 Week Change 1.7452831
Address1 5,670 West Chandler Boulevard
Address2 Suite 130
All Time High 51.5
All Time Low 1.75
Ask 20.55
Ask Size 2
Average Daily Volume10 Day 1,370,950
Average Daily Volume3 Month 1,654,969
Average Volume 1,654,969
Average Volume10Days 1,370,950
Beta 1.916
Bid 12.44
Bid Size 2
Book Value 3.012
City Chandler
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.55
Current Ratio 4.736
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 17.265
Day Low 16.33
Debt To Equity 3.875
Display Name Everspin
Earnings Call Timestamp End 1,785,963,600
Earnings Call Timestamp Start 1,785,963,600
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,794,427,200
Earnings Timestamp Start 1,794,427,200
Ebitda -8,590,000
Ebitda Margins -0.1375
Enterprise To Ebitda -42.134
Enterprise To Revenue 5.794
Enterprise Value 361,929,664
Eps Current Year 0.47
Eps Forward 0.48333
Eps Trailing Twelve Months -0.12
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 480 347 1175
Fifty Day Average 17.9899
Fifty Day Average Change -1.4399014
Fifty Day Average Change Percent -0.08003943
Fifty Two Week Change Percent 174.52832
Fifty Two Week High 51.5
Fifty Two Week High Change -34.95
Fifty Two Week High Change Percent -0.6786408
Fifty Two Week Low 6.2
Fifty Two Week Low Change 10.349999
Fifty Two Week Low Change Percent 1.6693548
Fifty Two Week Range 6.2 - 51.5
Financial Currency USD
First Trade Date Milliseconds 1,475,847,000,000
Float Shares 21,710,225
Forward Eps 0.48333
Forward P E 34.24161
Free Cashflow -10,983,250
Full Exchange Name NasdaqGM
Full Time Employees 85
Fullday Change -0.91
Fullday Change Percent -5.21191
Fullday Price 16.5884
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.52282
Gross Profits 32,661,000
Has Pre Post Market Data 1
Held Percent Insiders 0.05865
Held Percent Institutions 0.597
Implied Shares Outstanding 24,350,009
Industry Semiconductors
Industry Disp Semiconductors
Industry Key semiconductors
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, 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 and magnetic tunnel junction (MTJ)-based sensors. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.
Long Name Everspin Technologies, Inc.
Market us_market
Market Cap 402,992,608
Market State CLOSED
Max Age 86,400
Message Board Id finmb_45761252
Most Recent Quarter 1,782,777,600
Net Income To Common -2,635,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 425,151,157
Number Of Analyst Opinions 3
Open 17.2
Operating Cashflow 4,234,000
Operating Margins -0.23392999
Payout Ratio 0.0
Phone 480 347 1111
Post Market Change 0.03840065
Post Market Change Percent 0.23202811
Post Market Price 16.5884
Post Market Time 1,787,961,575
Previous Close 17.46
Price Eps Current Year 35.212765
Price Hint 2
Price To Book 5.4946876
Price To Sales Trailing12 Months 6.450875
Profit Margins -0.042179998
Quick Ratio 3.752
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.91
Regular Market Change Percent -5.21191
Regular Market Day High 17.265
Regular Market Day Low 16.3
Regular Market Day Range 16.3 - 17.265
Regular Market Open 17.2
Regular Market Previous Close 17.46
Regular Market Price 16.55
Regular Market Time 1,787,947,201
Regular Market Volume 853,207
Return On Assets -0.07214
Return On Equity -0.03842
Revenue Growth 0.419
Revenue Per Share 2.698
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 24,350,009
Shares Percent Shares Out 0.1461
Shares Short 3,557,000
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,677,901
Short Name Everspin Technologies, Inc.
Short Percent Of Float 0.1537
Short Ratio 2.82
Source Interval 15
State AZ
Symbol MRAM
Target High Price 38.0
Target Low Price 19.0
Target Mean Price 25.66667
Target Median Price 20.0
Total Cash 43,896,000
Total Cash Per Share 1.803
Total Debt 2,833,000
Total Revenue 62,471,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.12
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.3014
Two Hundred Day Average Change 1.248599
Two Hundred Day Average Change Percent 0.081600316
Type Disp Equity
Volume 853,207
Website https://www.everspin.com
Zip 85,226