Everspin Tech (NASDAQ:MRAM) Updates Q1 2026 Earnings Guidance

Everspin Tech (NASDAQ:MRAM) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.070-0.120 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $14.0 million-$15.0 million, compared to the consensus revenue estimate of $14.7 million.

Everspin Tech Stock Performance

MRAM opened at $9.39 on Thursday. The stock has a market capitalization of $214.63 million, a PE ratio of -313.00 and a beta of 0.86. The stock’s 50 day moving average price is $11.59 and its 200-day moving average price is $9.70. Everspin Tech has a 52-week low of $4.34 and a 52-week high of $17.24.

Everspin Tech (NASDAQ:MRAM) last posted its earnings results on Wednesday, March 4th. The business services provider reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05). The company had revenue of $14.80 million during the quarter, compared to analysts’ expectations of $14.45 million. Everspin Tech had a negative return on equity of 0.89% and a negative net margin of 1.06%.Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Everspin Tech from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Everspin Tech in a report on Monday, December 29th. Finally, Needham & Company LLC cut their target price on Everspin Tech from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Everspin Tech presently has an average rating of “Hold” and a consensus target price of $14.00.

Insider Transactions at Everspin Tech

In other news, CFO William Earl Cooper sold 6,807 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $12.06, for a total transaction of $82,092.42. Following the sale, the chief financial officer directly owned 93,193 shares of the company’s stock, valued at $1,123,907.58. This represents a 6.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 6.90% of the company’s stock.

Institutional Trading of Everspin Tech

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Everspin Tech in the second quarter valued at about $25,000. Kestra Advisory Services LLC purchased a new position in shares of Everspin Tech during the fourth quarter worth $41,000. Algert Global LLC acquired a new stake in shares of Everspin Tech in the third quarter valued at $102,000. Occudo Quantitative Strategies LP purchased a new stake in shares of Everspin Tech in the 2nd quarter valued at $70,000. Finally, Balyasny Asset Management L.P. acquired a new position in Everspin Tech during the 4th quarter worth about $155,000. 44.68% of the stock is currently owned by institutional investors.

About Everspin Tech

Everspin Technologies, Inc (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin’s non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.

The company’s product portfolio includes discrete MRAM chips, embedded MRAM IP for integration into system-on-chip (SoC) designs and companion devices that leverage MRAM’s fast write speeds and low power consumption.