EVERSPIN TECHNOLOGIES INC (MRAM)
Information Technology · Non-volatile memory semiconductors · NASDAQ
Everspin Technologies is the leading provider of Magnetoresistive Random Access Memory (MRAM), offering high-performance, non-volatile memory solutions for mission-critical applications.
What EVERSPIN TECHNOLOGIES INC does
Everspin Technologies designs and manufactures magnetoresistive random-access memory (MRAM) products for enterprise storage, automotive, IoT, and industrial applications. The company develops non-volatile memory solutions that combine speed and data persistence, positioning MRAM as an alternative to traditional DRAM and flash memory technologies. Everspin also generates revenue from licensing, royalties, and engineering services related to its MRAM intellectual property.
Themes: MRAM / next-generation memory, Non-volatile memory, Enterprise storage, Automotive semiconductors, IoT / embedded systems, IP licensing
Fundamentals
- Price$17.11 as of 2026-08-21 close
- Market cap$417M as of 2026-08-21
- 1-year return+180.5% 2025-08-21 close $6.10 → 2026-08-21 close $17.11
- P/E1474.72 as of 2026-08-24
- Net margin+0.5% as of 2026-08-24
- Gross margin+51.5% as of 2026-08-24
- ROE+0.4% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Revenue growth (YoY)+15.9% as of 2026-08-24
- Revenue CAGR (3y)-2.7% SEC XBRL
- Beta1.93 as of 2026-08-24
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
How MRAM compares in its sector
- price-to-earnings ratiotop 10% 265 covered Information Technology peers, as of 2026-08-24
- net profit marginmiddle range 405 covered Information Technology peers, as of 2026-08-24
- operating marginbottom 25% 405 covered Information Technology peers, as of 2026-08-24
- gross marginmiddle range 403 covered Information Technology peers, as of 2026-08-24
- return on equitymiddle range 405 covered Information Technology peers, as of 2026-08-24
- 3-year revenue CAGRbottom 25% 386 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How EVERSPIN TECHNOLOGIES INC looks technically
EVERSPIN TECHNOLOGIES INC (MRAM) is trading 14.5% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 283 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 5 trading days ago. It is 66.8% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 14.5% above its 200-day average, the long-term trend line — a longer-term uptrend | +14.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $18.67 | $18.67 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $14.94 | $14.94 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 17 calendar days ago — the swings before that are what the structure reading is measured on | 17 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 283 trading days ago — a "golden cross", a bullish long-term signal | 283 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 14.5% above | +14.5% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 14.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30) | 49.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($15.05 to $20.15) — its "stochastic" reading is 40 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 40.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 17 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $51.50 | $51.50 |
|---|---|---|
| From the 52-week high | it is 66.8% below its 52-week high (its highest price of the past year) | -66.8% |
| Above the 52-week low | it is 192.0% above its 52-week low (its lowest price of the past year) | +192.0% |
| Below the 52-week high | it is 66.8% below its highest point of the past year | 66.8% |
| Since a 20-day breakout | it made a new 20-day high about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $51.50 (set on 2026-05-13) | $51.50 |
| Given back of the 52-week move | over the past year its closes ranged ($5.95 to $44.01), and it has given back well over two thirds of its rise from last year’s low — 71% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $19.27 to $20.49. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 70.7% |
| From the all-time high | it is 66.8% below its all-time high | -66.8% |
| Nearest price level | it is sitting right on a resistance level at $17.15 — a price it turned at twice since 2026-01-22, most recently on 2026-07-23. Since 2024-08-21 it has 12 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.2% |
| All-time low | its lowest closing price on record is $1.75 (set on 2020-03-09) | $1.75 |
| Above the all-time low | it is 877.7% above its all-time low | +877.7% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 37th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.65 between its high and its low — about 9.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.65 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $13.04 and $19.67 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $13.04 – $16.36 – $19.67 |
| Typical daily range (% of price) | its price moves about 9.7% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 9.7% |
| Stretch from the 200-day average | it is trading 1.3 daily ranges above its 200-day average price (14.5% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.69× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a hammer | today, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | today |
| Since a bearish engulfing | 9 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 9 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.8% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.8% |
|---|---|---|
| Open gap | it gapped 6.8% below the previous close 3 sessions ago and has not traded back through the level it left behind at 19.85 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -6.8% |
| Gap filled | a 2.5% gap up opened on 2026-08-19 has been "filled" 2 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 2 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 4.4 percentage points (the stock gained 6.7% while the market gained 2.3%) | +4.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 50.4 percentage points (the stock lost 47.3% while the market gained 3.1%) | -50.4% |
| vs market, 6 months | over the past 6 months this stock beat the market by 44.6 percentage points (the stock gained 55.7% while the market gained 11.1%) | +44.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 160.0 percentage points (the stock gained 180.5% while the market gained 20.5%) | +160.0% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 13% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 71.4% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -13.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 33% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $25.47 — a volume-weighted average of daily closes over 156 sessions, not a true tick-by-tick VWAP. | -32.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% below the average price paid since it last reported on 2026-08-05 (its 10-Q), so the typical buyer over that stretch is under water. That average is $17.28 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | -1.0% |
Price levels it has turned at before
MRAM last closed at $17.11 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $17.15 | Resistance | 0.2% above the last close | turned there twice · 2026-01-22 to 2026-07-23 |
| $12.95 | Support | 24.3% below the last close | turned there twice · 2026-01-06 to 2026-07-29 |
| $12.21 | Support | 28.7% below the last close | turned there twice · 2025-10-03 to 2025-10-15 |
| $9.82 | Support | 42.6% below the last close | turned there three times · 2025-12-12 to 2026-03-25 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Pulled back from the 12-month high · trendless / choppy (low ADX) · beating the market · Printed a hammer candle after a decline | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.33 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$25.67 range $19.00 – $38.00; median $20.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for MRAM
- Consensus EPS estimate$0.1233 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Market adoption risk: MRAM remains an emerging technology competing against entrenched DRAM and flash memory standards; adoption depends on customers' willingness to migrate to alternative memory architectures.","Competition and IP infringement: The company faces competition from established semiconductor manufacturers and must defend against potential intellectual property infringement claims while protecting its own proprietary technology.","Manufacturing and supply chain: Everspin relies on partners for manufacturing and is exposed to supply chain disruptions, capacity constraints, and manufacturing yield variability that could limit growth."]
What changed in the latest 10-Q
AI-assisted comparison of MRAM's 10-Q filed 2026-04-29 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- New reconciliation line item in adjusted net income table: 'Litigation costs' of $1,629 thousand (Q1 2026)
- New revenue line item: 'Tunnel Magneto Resistance (TMR) Sensors' added to MRAM technology portfolio description
- New language: Company name 'Everspin' removed from Overview section, now refers to 'We' throughout
- Added reference to '10 years of MRAM technology and manufacturing leadership' changed from 'over 15 years'
- Added language: Chandler, Arizona facility now described as 'leased' (not previously mentioned)
- Added 'design wins' metric explicitly mentioned in Key Metrics section
- Added reference to 'contract manufacturers' in distribution channels description
- Removed:
- Removed company name 'Everspin' from opening of Overview section (older filing stated 'Everspin is a pioneer')
- Removed reference to '10 years' of manufacturing leadership; older filing stated 'over 15 years'
- Removed 'and defense' from key markets list (older: 'aerospace and defense'; newer: 'aerospace and defense' retained but phrased differently)
- Removed 'OEMs and ODMs' abbreviation usage; newer version spells out 'original equipment manufacturers, original design manufacturers'
- Removed 'GLOBALFOUNDRIES' full name reference formatting (older had 'GLOBALFOUNDRIES' vs newer 'GLOBALFOUNDRIES Inc.')
- Reworded:
- Manufacturing location description changed from '200mm fabrication facility' to 'leased 200mm fabrication facility'
- Reference to 10-K changed from 'December 31, 2024' (older) to 'December 31, 2025' (newer) reflecting updated fiscal year
- Adjusted net income reconciliation table header changed from 'Three Months and Nine Months Ended September 30' to 'Three Months Ended March 31'
- Revenue recognition geography changed from 'region in which our customer is located' (older) to 'region in which our products are sold' (newer) - same substance but slightly different phrasing
- Removed 'and' before 'intellectual property' in licensing description
- Operating expenses section: General and administrative increased from $3,690K to $5,061K in comparable periods
- Product sales revenue percentage of total changed from 90% to 95% in comparable Q1 periods
- Notes:
- The two filings cover different fiscal periods (Q3 2025 vs Q1 2026) making direct operational comparison limited
- Company identifier (ticker symbol MRAM) appears to have been adopted between filings, reflecting potential corporate changes
- Litigation costs of $1,629K appear as new reconciliation item in 2026 filing without prior period comparison available
- The older filing shows nine-month data while newer shows only three-month quarterly data in primary comparison section
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 8 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 8 sells ($9M) — 4 selling insiders
- Last 180 days0 buys · 23 sells ($19M) — 7 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-06. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about MRAM's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding MRAM as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 952,216
- Reported value $8,369,979
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
MRAM had 3,500,793 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
MRAM had 14.4% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.08 days to cover at the same settlement.
- Reported short interest (shares) 3,500,793
- Short interest (% of shares outstanding) 14.4%
- Prior settlement (shares) 3,677,901
- Reported change -4.82%
- Days to cover (reported) 3.08
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Intel (INTC)
- Micron Technology (MU)
- SK Hynix
- Samsung Electronics
- Western Digital (WDC)
- Kioxia
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare MRAM vs…
Frequently asked questions
What does EVERSPIN TECHNOLOGIES INC (MRAM) do?
Everspin Technologies designs and manufactures magnetoresistive random-access memory (MRAM) products for enterprise storage, automotive, IoT, and industrial applications. The company develops non-volatile memory solutions that combine speed and data persistence, positioning MRAM as an alternative to traditional DRAM and flash memory technologies. Everspin also generates revenue from licensing, royalties, and engineering services related to its MRAM intellectual property.
What sector is EVERSPIN TECHNOLOGIES INC (MRAM) in?
EVERSPIN TECHNOLOGIES INC (MRAM) is classified in the Information Technology sector. Its industry is Non-volatile memory semiconductors. It trades on NASDAQ.
Who are EVERSPIN TECHNOLOGIES INC's (MRAM) competitors?
Notable peers of EVERSPIN TECHNOLOGIES INC (MRAM) include Intel, Micron Technology, SK Hynix, Samsung Electronics and Western Digital. This peer set is informational only — not financial advice.
Is EVERSPIN TECHNOLOGIES INC (MRAM) overbought or oversold right now?
EVERSPIN TECHNOLOGIES INC (MRAM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 49, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on MRAM come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.