MRAM stock icon

Everspin Technologies
MRAM

$6
0.31%
 

About: Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).

Employees: 83

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1.11% more ownership

Funds ownership: 45.1% [Q4 2023] → 46.21% (+1.11%) [Q1 2024]

8% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 26

3% less funds holding

Funds holding: 75 [Q4 2023] → 73 (-2) [Q1 2024]

9% less capital invested

Capital invested by funds: $85.7M [Q4 2023] → $77.7M (-$8.02M) [Q1 2024]

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

92% less call options, than puts

Call options by funds: $292K | Put options by funds: $3.59M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$8
33%
upside
Avg. target
$10
67%
upside
High target
$12
100%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Craig-Hallum
Richard Shannon
67%upside
$10
Buy
Maintained
2 May 2024
Needham
Quinn Bolton
33%upside
$8
Buy
Maintained
2 May 2024
Needham
Quinn Bolton
100%upside
$12
Buy
Reiterated
29 Feb 2024

Financial journalist opinion