Everspin Tech (NASDAQ:MRAM) Announces Q4 2026 Earnings Guidance

Everspin Tech (NASDAQ:MRAM) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.130-0.180 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $21.5 million-$22.5 million, compared to the consensus revenue estimate of $20.9 million.

Wall Street Analyst Weigh In

MRAM has been the subject of a number of analyst reports. Weiss Ratings cut shares of Everspin Tech from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 25th. Needham & Company LLC boosted their price objective on shares of Everspin Tech from $18.50 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Maxim Group began coverage on shares of Everspin Tech in a research note on Monday, October 12th. They set a “buy” rating and a $25.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $22.00.

Everspin Tech Trading Down 7.6%

Shares of NASDAQ:MRAM traded down $1.09 during trading on Friday, reaching $13.34. 281,253 shares of the stock were exchanged, compared to its average volume of 1,669,979. Everspin Tech has a 12 month low of $7.35 and a 12 month high of $51.50. The stock has a 50-day moving average price of $15.97 and a 200-day moving average price of $16.67. The firm has a market cap of $324.83 million, a PE ratio of -33.34 and a beta of 1.88.

Insiders Place Their Bets

In other Everspin Tech news, CFO William Cooper sold 3,115 shares of Everspin Tech stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 154,626 shares of the company’s stock, valued at $2,950,264.08. The trade was a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjeev Aggarwal sold 19,572 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $19.08, for a total transaction of $373,433.76. Following the sale, the chief executive officer owned 813,627 shares in the company, valued at $15,524,003.16. The trade was a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,378 shares of company stock worth $579,612 in the last 90 days. Company insiders own 6.30% of the company’s stock.

About Everspin Tech

Everspin Technologies, Inc develops and supplies magnetic random-access memory (MRAM) products. Its nonvolatile memory solutions retain data when power is removed and are designed for applications that require fast performance, high endurance and reliable data retention.

The company offers MRAM products based on toggle and spin-transfer torque (STT) technologies, including parallel and serial-interface memory devices, as well as higher-density solutions for embedded and storage applications.