(MRAM) Everspin Technologies - Ratings and Ratios
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US30041T1043
MRAM: Memory, Sensors, Foundry Services
Everspin Technologies, Inc., a leader in the development and manufacturing of magnetoresistive random access memory (MRAM) products, operates globally with a presence in key markets including the United States, Japan, Hong Kong, Germany, Singapore, China, and Canada. The company specializes in advanced MRAM technologies, offering a portfolio that includes Toggle MRAM, spin-transfer torque MRAM (STT-MRAM), and tunnel magnetoresistance (TMR) sensor products. Additionally, Everspin provides foundry services for MRAM products, leveraging its expertise in magnetic sensing and memory solutions. Its products are utilized across a range of applications, including industrial automation, medical devices, automotive systems, aerospace, and data center infrastructure. The company serves a diverse customer base of original equipment manufacturers (OEMs), contract manufacturers, and original design manufacturers (ODMs) through a combination of direct sales channels and a global network of representatives and distributors. Headquartered in Chandler, Arizona, Everspin Technologies, Inc. was founded in 2008 and has established itself as a key player in the MRAM market, which is increasingly recognized for its potential to replace traditional memory technologies in various applications due to its high performance, low latency, and non-volatility. Web URL: https://www.everspin.com
3-month forecast:
From a technical perspective, MRAM is currently trading below its 20-day, 50-day, and 200-day moving averages, indicating bearish momentum. The stocks average true range (ATR) of 0.23 suggests moderate volatility. Support levels may be tested near the recent lows, while resistance could emerge at the 50-day SMA of 6.11. A breakout above this level could signal a potential reversal.
Fundamentally, the companys high P/E ratio of 80.14 reflects elevated valuations, though the forward P/E of 48.08 suggests expectations of improved earnings. The P/B ratio of 2.08 indicates that the stock is trading at a premium to its book value. With a market cap of $123.26M and a P/S ratio of 2.29, Everspin is positioned as a smaller player in the semiconductor industry, with potential for growth driven by increasing demand for MRAM technology. However, the return on equity (RoE) of 2.59% highlights the need for improved profitability to justify current valuations.
Additional Sources for MRAM Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MRAM Stock Overview
Market Cap in USD | 120m |
Sector | Technology |
Industry | Semiconductors |
GiC Sub-Industry | Semiconductors |
IPO / Inception | 2016-10-07 |
MRAM Stock Ratings
Growth 5y | 26.2% |
Fundamental | -29.7% |
Dividend | 0.0% |
Rel. Strength Industry | -36.2 |
Analysts | 4.5/5 |
Fair Price Momentum | 4.16 USD |
Fair Price DCF | 2.76 USD |
MRAM Dividends
No Dividends PaidMRAM Growth Ratios
Growth Correlation 3m | -86.1% |
Growth Correlation 12m | -37.3% |
Growth Correlation 5y | 23.5% |
CAGR 5y | 15.57% |
CAGR/Max DD 5y | 0.25 |
Sharpe Ratio 12m | -0.58 |
Alpha | -47.79 |
Beta | 1.63 |
Volatility | 41.40% |
Current Volume | 96k |
Average Volume 20d | 105.2k |
As of March 15, 2025, the stock is trading at USD 5.24 with a total of 96,046 shares traded.
Over the past week, the price has changed by -2.96%, over one month by -8.39%, over three months by -21.20% and over the past year by -37.02%.
Probably not. Based on ValueRay Fundamental Analyses, Everspin Technologies (NASDAQ:MRAM) is currently (March 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -29.67 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MRAM as of March 2025 is 4.16. This means that MRAM is currently overvalued and has a potential downside of -20.61%.
Everspin Technologies has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy MRAM.
- Strong Buy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, MRAM Everspin Technologies will be worth about 4.8 in March 2026. The stock is currently trading at 5.24. This means that the stock has a potential downside of -8.21%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 9 | 71.8% |
Analysts Target Price | 9 | 71.8% |
ValueRay Target Price | 4.8 | -8.2% |