Everspin (MRAM) Stock Forecast, Price Target & Predictions


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MRAM Stock Forecast


Everspin stock forecast is as follows: an average price target of $9.00 (represents a 49.75% upside from MRAM’s last price of $6.01) and a rating consensus of 'Strong Buy', based on 1 wall street analysts offering a 1-year stock forecast.

MRAM Price Target


The average price target for Everspin (MRAM) is $9.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $9.00. This represents a potential 49.75% upside from MRAM's last price of $6.01.

MRAM Analyst Ratings


Strong Buy

According to 1 Wall Street analysts, Everspin's rating consensus is 'Strong Buy'. The analyst rating breakdown for MRAM stock is 1 'Strong Buy' (100.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Everspin Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 12, 2022-Needham$9.00$5.7755.98%49.75%
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The latest Everspin stock forecast, released on May 12, 2022 by Needham company, set a price target of $9.00, which represents a 55.98% increase from the stock price at the time of the forecast ($5.77), and a 49.75% increase from MRAM last price ($6.01).

Everspin Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$6.01$6.01$6.01
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Everspin stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Everspin's last price of $6.01. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 12, 2022NeedhamStrong BuyStrong BuyHold
Nov 14, 2021NeedhamStrong BuyStrong BuyHold
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Everspin's last stock rating was published by Needham on May 12, 2022. The company gave MRAM a "Strong Buy" rating, the same as its previous rate.

Everspin Financial Forecast


Everspin Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$16.71M$16.47M-$14.85M$15.69M$15.24M$14.71M$14.35M$18.22M$14.79M$11.85M$10.28M$9.98M$10.12M$11.83M$10.11M$9.65M$9.18M
Avg Forecast$17.00M$16.00M$15.50M$14.50M$14.30M$13.65M$12.95M$12.30M$12.50M$12.00M$10.65M$14.06M$15.90M$15.95M$15.00M$14.45M$14.60M$14.90M$14.10M$13.80M$16.55M$12.20M$11.45M$10.40M$10.40M$10.50M$12.00M$9.60M$9.50M$8.75M
High Forecast$17.21M$16.19M$15.69M$14.68M$14.47M$13.82M$13.11M$12.60M$12.65M$12.15M$10.78M$14.23M$16.09M$16.14M$15.18M$14.62M$14.78M$14.90M$14.10M$13.80M$16.55M$12.20M$11.45M$10.40M$10.40M$10.50M$12.00M$9.60M$9.50M$8.75M
Low Forecast$16.79M$15.81M$15.31M$14.32M$14.13M$13.48M$12.79M$12.00M$12.35M$11.85M$10.52M$13.89M$15.71M$15.76M$14.82M$14.28M$14.42M$14.90M$14.10M$13.80M$16.55M$12.20M$11.45M$10.40M$10.40M$10.50M$12.00M$9.60M$9.50M$8.75M
# Analysts111111122111211111111111999955
Surprise %------------1.05%1.03%-1.03%1.07%1.02%1.04%1.04%1.10%1.21%1.03%0.99%0.96%0.96%0.99%1.05%1.02%1.05%

Everspin's average Quarter revenue forecast for Mar 24 based on 1 analysts is $14.06M, with a low forecast of $13.89M, and a high forecast of $14.23M. MRAM's average Quarter revenue forecast represents a -15.84% decrease compared to the company's last Quarter revenue of $16.71M (Dec 23).

Everspin EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111211111111111999955
EBITDA------------$368.00K$1.98M-$1.16M$964.00K$1.91M$1.94M$2.27M$2.59M$1.43M$817.00K$84.00K$-1.32M$-2.94M$-718.00K$-1.15M$-2.50M$-3.07M
Avg Forecast$-300.28K$-282.62K$-273.78K$-256.12K$-252.59K$-241.11K$-228.74K$-217.26K$-220.79K$-211.96K$-188.12K$-248.35K$-280.85K$-281.73K$-264.95K$-255.24K$-2.75M$-263.19K$-249.06K$-243.76K$-292.33K$-215.49K$-202.25K$170.10K$-183.70K$-185.47K$-211.96K$-1.58M$-167.80K$-154.56K
High Forecast$-296.65K$-279.20K$-270.47K$-253.02K$-249.53K$-238.19K$-225.97K$-211.96K$-218.12K$-209.40K$-185.84K$-245.34K$-277.45K$-278.32K$-261.75K$-252.15K$-2.20M$-263.19K$-249.06K$-243.76K$-292.33K$-215.49K$-202.25K$204.12K$-183.70K$-185.47K$-211.96K$-1.27M$-167.80K$-154.56K
Low Forecast$-303.91K$-286.03K$-277.10K$-259.22K$-255.64K$-244.02K$-231.51K$-222.56K$-223.46K$-214.53K$-190.39K$-251.35K$-284.25K$-285.14K$-268.16K$-258.32K$-3.30M$-263.19K$-249.06K$-243.76K$-292.33K$-215.49K$-202.25K$136.08K$-183.70K$-185.47K$-211.96K$-1.90M$-167.80K$-154.56K
Surprise %-------------1.31%-7.02%--4.53%-0.35%-7.26%-7.81%-9.30%-8.85%-6.63%-4.04%0.49%7.16%15.85%3.39%0.73%14.92%19.88%

1 analysts predict MRAM's average Quarter EBITDA for Mar 24 to be $-248.35K, with a high of $-245.34K and a low of $-251.35K. This is -167.49% lower than Everspin's previous annual EBITDA (Dec 23) of $368.00K.

Everspin Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111211111111111999955
Net Income------------$1.97M$2.44M-$761.00K$616.00K$1.91M$1.67M$1.94M$3.67M$880.00K$256.00K$-460.00K$-1.59M$-3.90M$-1.29M$-1.73M$-3.08M$-3.66M
Avg Forecast$1.29M$645.89K$430.59K$-215.30K$645.89K$430.59K$-322.95K$-430.59K$430.59K$-1.29M$-2.48M$16.75M$538.24K$538.24K$430.59K$17.91M$-3.32M$-862.67K$-970.51K$19.16M$1.73M$-1.08M$-1.83M$-931.50K$-1.94M$-862.67K$-862.67K$-2.38M$-3.56M$-4.10M
High Forecast$1.31M$656.05K$437.37K$-211.91K$656.05K$437.37K$-317.87K$-423.82K$437.37K$-1.27M$-2.44M$20.10M$807.37K$546.71K$437.37K$21.49M$-2.66M$-862.67K$-970.51K$22.99M$1.73M$-1.08M$-1.83M$-745.20K$-1.94M$-862.67K$-862.67K$-1.91M$-3.56M$-4.10M
Low Forecast$1.27M$635.74K$423.82K$-218.68K$635.74K$423.82K$-328.02K$-437.37K$423.82K$-1.31M$-2.51M$13.40M$134.56K$529.78K$423.82K$14.33M$-3.98M$-862.67K$-970.51K$15.33M$1.73M$-1.08M$-1.83M$-1.12M$-1.94M$-862.67K$-862.67K$-2.86M$-3.56M$-4.10M
Surprise %------------3.66%4.53%-0.04%-0.19%-2.21%-1.72%0.10%2.13%-0.82%-0.14%0.49%0.82%4.52%1.50%0.73%0.87%0.89%

Everspin's average Quarter net income forecast for Mar 24 is $16.75M, with a range of $13.40M to $20.10M. MRAM's average Quarter net income forecast represents a 750.97% increase compared to the company's last Quarter net income of $1.97M (Dec 23).

Everspin SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111211111111111999955
SG&A------------$4.91M$5.28M-$4.54M$4.42M$4.17M$4.15M$3.86M$3.93M$4.27M$3.38M$3.83M$3.89M$3.46M$3.50M$3.90M$4.18M$4.54M
Avg Forecast$5.74M$5.40M$5.23M$4.90M$4.83M$4.61M$4.37M$4.15M$4.22M$4.05M$3.60M$4.75M$5.37M$5.39M$5.07M$4.88M$8.12M$5.03M$4.76M$4.66M$5.59M$4.12M$3.87M$7.76M$3.51M$3.55M$4.05M$5.37M$3.21M$2.95M
High Forecast$5.81M$5.47M$5.30M$4.96M$4.89M$4.67M$4.43M$4.26M$4.27M$4.10M$3.64M$4.81M$5.43M$5.45M$5.13M$4.94M$9.74M$5.03M$4.76M$4.66M$5.59M$4.12M$3.87M$9.31M$3.51M$3.55M$4.05M$6.44M$3.21M$2.95M
Low Forecast$5.67M$5.34M$5.17M$4.84M$4.77M$4.55M$4.32M$4.05M$4.17M$4.00M$3.55M$4.69M$5.30M$5.32M$5.00M$4.82M$6.49M$5.03M$4.76M$4.66M$5.59M$4.12M$3.87M$6.20M$3.51M$3.55M$4.05M$4.29M$3.21M$2.95M
Surprise %------------0.91%0.98%-0.93%0.54%0.83%0.87%0.83%0.70%1.04%0.87%0.49%1.11%0.98%0.86%0.73%1.30%1.54%

Everspin's average Quarter SG&A projection for Mar 24 is $4.75M, based on 1 Wall Street analysts, with a range of $4.69M to $4.81M. The forecast indicates a -3.22% fall compared to MRAM last annual SG&A of $4.91M (Dec 23).

Everspin EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111211111111111999955
EPS-------------$0.12-$0.04$0.03$0.09$0.08$0.10$0.19$0.05$0.01$-0.02$-0.08$-0.21$-0.07$-0.10$-0.17$-0.21
Avg Forecast$0.06$0.03$0.02$-0.01$0.03$0.02$-0.01$-0.02$0.02$-0.06$-0.12$0.03$0.03$0.03$0.02$-0.01$-0.03$-0.04$-0.04$-0.03$0.08$-0.05$-0.09$-0.07$-0.09$-0.04$-0.04$-0.08$-0.17$-0.19
High Forecast$0.06$0.03$0.02$-0.01$0.03$0.02$-0.01$-0.02$0.02$-0.06$-0.11$0.03$0.04$0.03$0.02$-0.00$-0.03$-0.04$-0.04$-0.03$0.08$-0.05$-0.09$-0.07$-0.09$-0.04$-0.04$-0.08$-0.17$-0.19
Low Forecast$0.06$0.03$0.02$-0.01$0.03$0.02$-0.02$-0.02$0.02$-0.06$-0.12$0.03$0.01$0.02$0.02$-0.01$-0.03$-0.04$-0.04$-0.03$0.08$-0.05$-0.09$-0.07$-0.09$-0.04$-0.04$-0.08$-0.17$-0.19
Surprise %------------0.00%4.80%--8.00%-1.03%-2.25%-1.78%-3.33%2.38%-1.00%-0.12%0.29%0.93%5.25%1.75%1.25%1.03%1.11%

According to 1 Wall Street analysts, Everspin's projected average Quarter EPS for Mar 24 is $0.03, with a low estimate of $0.03 and a high estimate of $0.03. This represents a 33150.00% increase compared to MRAM previous annual EPS of - (Dec 23).

Everspin Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WISAWiSA$1.83$200.0010828.96%Buy
LAESSEALSQ$0.34$1.75414.71%Buy
WKEYWISeKey$1.68$4.00138.10%Buy
MXLMaxLinear$16.01$33.88111.62%Hold
MXMagnachip Semiconductor$3.80$8.00110.53%Buy
MRAMEverspin$6.01$9.0049.75%Strong Buy
SGHSMART Global$20.85$29.3840.91%Buy
SLABSilicon Laboratories$108.38$151.0039.32%Buy
AMKRAmkor$27.10$36.5034.69%Buy
POWIPower Integrations$65.06$79.0021.43%Buy
DIODDiodes$61.75$74.0019.84%Buy
MTSIMACOM Technology Solutions$134.49$103.88-22.76%Buy
SITMSiTime$215.26$155.00-27.99%Buy

MRAM Forecast FAQ


Yes, according to 1 Wall Street analysts, Everspin (MRAM) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 100.00% of MRAM's total ratings.

Everspin (MRAM) average price target is $9 with a range of $9 to $9, implying a 49.75% from its last price of $6.01. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MRAM stock, the company can go up by 49.75% (from the last price of $6.01 to the average price target of $9), up by 49.75% based on the highest stock price target, and up by 49.75% based on the lowest stock price target.

MRAM's average twelve months analyst stock price target of $9 does not support the claim that Everspin can reach $9 in the near future.

Everspin's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $53.2M (high $53.99M, low $52.41M), average EBITDA is $-940K (high $-926K, low $-954K), average net income is $322.95K (high $351.72K, low $294.17K), average SG&A $17.97M (high $18.23M, low $17.7M), and average EPS is $0.015 (high $0.0163, low $0.0137). MRAM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $63M (high $63.76M, low $62.24M), average EBITDA is $-1.113M (high $-1.099M, low $-1.126M), average net income is $2.15M (high $2.19M, low $2.11M), average SG&A $21.28M (high $21.53M, low $21.02M), and average EPS is $0.1 (high $0.102, low $0.0981).

Based on Everspin's last annual report (Dec 2023), the company's revenue was $63.76M, beating the average analysts forecast of $61.3M by 4.02%. Apple's EBITDA was $5.88M, missing the average prediction of $-1.083M by -643.51%. The company's net income was $9.05M, missing the average estimation of $19.42M by -53.38%. Apple's SG&A was $19.58M, missing the average forecast of $20.7M by -5.40%. Lastly, the company's EPS was $0.0004, missing the average prediction of $0.065 by -99.38%. In terms of the last quarterly report (Dec 2023), Everspin's revenue was $16.71M, beating the average analysts' forecast of $15.9M by 5.07%. The company's EBITDA was $368K, missing the average prediction of $-281K by -231.03%. Everspin's net income was $1.97M, beating the average estimation of $538.24K by 265.63%. The company's SG&A was $4.91M, missing the average forecast of $5.37M by -8.63%. Lastly, the company's EPS was $0.0001, missing the average prediction of $0.025 by -99.60%