Contrasting Nano Labs (NASDAQ:NA) & Everspin Technologies (NASDAQ:MRAM)

Nano Labs (NASDAQ:NA) and Everspin Technologies (NASDAQ:MRAM) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.

Volatility and Risk

Nano Labs has a beta of 2.06, indicating that its stock price is 106% more volatile than the S&P 500. Comparatively, Everspin Technologies has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500.

Institutional and Insider Ownership

50.7% of Nano Labs shares are held by institutional investors. Comparatively, 44.7% of Everspin Technologies shares are held by institutional investors. 6.1% of Everspin Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Nano Labs and Everspin Technologies”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nano Labs	$50.81 million	0.55	-$35.70 million	N/A	N/A
Everspin Technologies	$58.24 million	2.22	$9.05 million	$0.37	16.22

Everspin Technologies has higher revenue and earnings than Nano Labs.

Analyst Recommendations

This is a summary of current ratings and price targets for Nano Labs and Everspin Technologies, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nano Labs	0	0	0	0	N/A
Everspin Technologies	0	0	2	0	3.00

Everspin Technologies has a consensus target price of $9.00, suggesting a potential upside of 50.00%. Given Everspin Technologies’ higher probable upside, analysts clearly believe Everspin Technologies is more favorable than Nano Labs.

Profitability

This table compares Nano Labs and Everspin Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nano Labs	N/A	N/A	N/A
Everspin Technologies	2.92%	3.16%	2.61%

Summary

Everspin Technologies beats Nano Labs on 9 of the 11 factors compared between the two stocks.

About Nano Labs

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, it engages in the research and development of software. Its customers include enterprises and individual buyers. The company was founded in 2019 and is headquartered in Hangzhou, the People's Republic of China.

About Everspin Technologies

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.