(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

Ticker Symbol: MRAM Exchange: NASDAQ Type: common stock Country Origin: United States GICS Sub Industry: Semiconductors Average Volume 20d: 110561 Last Price: 5.50 SMA 20: 5.74 SMA 50: 6.11 SMA 200: 6.01 ATR: 0.23 Market Cap: 123.26M USD P/E: 80.14 P/E Forward: 48.08 P/B: 2.08 P/S: 2.29 RoE: 2.59

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

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 Paid

MRAM 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
What is the price of MRAM stocks?
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%.
Is Everspin Technologies a good stock to buy?
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%.
Is MRAM a buy, sell or hold?
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
What are the forecast for MRAM stock price target?
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%