Everspin (MRAM) Stock Forecast, Price Target & Predictions
MRAM Stock Forecast
Everspin stock forecast is as follows: an average price target of $9.00 (represents a 60.43% upside from MRAM’s last price of $5.61) 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 60.43% upside from MRAM's last price of $5.61.
MRAM Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 12, 2022 | - | Needham | $9.00 | $5.77 | 55.98% | 60.43% |
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 60.43% increase from MRAM last price ($5.61).
Everspin Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $5.61 | $5.61 | $5.61 |
| 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 $5.61. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 12, 2022 | Needham | Strong Buy | Strong Buy | Hold |
| Nov 14, 2021 | Needham | Strong Buy | Strong Buy | Hold |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $16.71M | $16.47M | - | $14.85M | $15.69M | $15.24M | - | $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 | $14.55M | $13.90M | $13.25M | $12.50M | $12.70M | $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 | $17.00M | $16.00M | $15.50M | $14.50M | $14.55M | $13.90M | $13.25M | $12.50M | $12.70M | $12.00M | $10.65M | $14.06M | $15.90M | $15.95M | $15.00M | $14.45M | $14.60M | $14.90M | $14.10M | $14.34M | $17.20M | $12.68M | $11.90M | $10.81M | $10.81M | $10.91M | $12.47M | $9.98M | $9.87M | $9.09M |
| Low Forecast | $17.00M | $16.00M | $15.50M | $14.50M | $14.55M | $13.90M | $13.25M | $12.50M | $12.70M | $12.00M | $10.65M | $14.06M | $15.90M | $15.95M | $15.00M | $14.45M | $14.60M | $14.90M | $14.10M | $13.26M | $15.90M | $11.72M | $11.00M | $9.99M | $9.99M | $10.09M | $11.53M | $9.22M | $9.13M | $8.41M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.03% | - | 1.03% | 1.07% | 1.02% | - | 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 $14.06M, and a high forecast of $14.06M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $368.00K | $1.98M | - | $1.16M | $964.00K | $1.91M | - | $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 | $-257.00K | $-245.52K | $-234.04K | $-220.79K | $-224.33K | $-211.96K | $-188.12K | $-248.35K | $-280.85K | $-281.73K | $-264.95K | $-255.24K | $-257.89K | $3.20M | $-249.06K | $-243.76K | $-292.33K | $3.43M | $1.55M | $170.10K | $-2.17M | $-13.23M | $-957.33K | $-1.58M | $-167.80K | $-2.75M |
| High Forecast | $-300.28K | $-282.62K | $-273.78K | $-256.12K | $-257.00K | $-245.52K | $-234.04K | $-220.79K | $-224.33K | $-211.96K | $-188.12K | $-248.35K | $-280.85K | $-281.73K | $-264.95K | $-255.24K | $-257.89K | $3.85M | $-249.06K | $-234.15K | $-280.81K | $4.11M | $1.86M | $204.12K | $-1.74M | $-10.58M | $-765.87K | $-1.27M | $-161.19K | $-2.20M |
| Low Forecast | $-300.28K | $-282.62K | $-273.78K | $-256.12K | $-257.00K | $-245.52K | $-234.04K | $-220.79K | $-224.33K | $-211.96K | $-188.12K | $-248.35K | $-280.85K | $-281.73K | $-264.95K | $-255.24K | $-257.89K | $2.56M | $-249.06K | $-253.37K | $-303.86K | $2.74M | $1.24M | $136.08K | $-2.61M | $-15.88M | $-1.15M | $-1.90M | $-174.42K | $-3.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.31% | -7.02% | - | -4.53% | -3.74% | 0.60% | - | -9.30% | -8.85% | 0.42% | 0.53% | 0.49% | 0.61% | 0.22% | 0.75% | 0.73% | 14.92% | 1.12% |
1 analysts predict MRAM's average Quarter EBITDA for Mar 24 to be $-248.35K, with a high of $-248.35K and a low of $-248.35K. This is -167.49% lower than Everspin's previous annual EBITDA (Dec 23) of $368.00K.
Everspin Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.97M | $2.44M | - | $761.00K | $616.00K | $1.91M | - | $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 | $647.00K | $431.34K | $-215.67K | $539.17K | $107.83K | $-323.50K | $-754.84K | $-647.00K | $-1.29M | $-2.48M | $16.75M | $539.17K | $539.17K | $431.34K | $17.91M | $-647.00K | $1.97M | $-956.36K | $19.16M | $1.69M | $2.11M | $486.40K | $-931.50K | $-2.63M | $-17.53M | $-1.73M | $-2.38M | $-3.48M | $-3.28M |
| High Forecast | $1.29M | $647.00K | $431.34K | $-215.67K | $539.17K | $107.83K | $-323.50K | $-754.84K | $-647.00K | $-808.76K | $-2.48M | $20.10M | $808.76K | $539.17K | $431.34K | $21.49M | $-647.00K | $2.37M | $-956.36K | $22.99M | $1.77M | $2.53M | $583.68K | $-745.20K | $-2.10M | $-14.02M | $-1.38M | $-1.91M | $-3.30M | $-2.62M |
| Low Forecast | $1.29M | $647.00K | $431.34K | $-215.67K | $539.17K | $107.83K | $-323.50K | $-754.84K | $-647.00K | $-1.62M | $-2.48M | $13.40M | $134.79K | $539.17K | $431.34K | $14.33M | $-647.00K | $1.58M | $-956.36K | $15.33M | $1.60M | $1.69M | $389.12K | $-1.12M | $-3.15M | $-21.03M | $-2.07M | $-2.86M | $-3.66M | $-3.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.65% | 4.52% | - | 0.04% | -0.95% | 0.97% | - | 0.10% | 2.18% | 0.42% | 0.53% | 0.49% | 0.61% | 0.22% | 0.75% | 0.73% | 0.89% | 1.12% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $4.91M | $5.28M | - | $4.54M | $4.42M | $4.17M | - | $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 | $4.91M | $4.69M | $4.47M | $4.22M | $4.29M | $4.05M | $3.60M | $4.75M | $5.37M | $5.39M | $5.07M | $4.88M | $4.93M | $9.58M | $4.76M | $4.66M | $5.59M | $10.24M | $6.43M | $7.76M | $6.42M | $3.55M | $4.67M | $5.37M | $3.21M | $4.06M |
| High Forecast | $5.74M | $5.40M | $5.23M | $4.90M | $4.91M | $4.69M | $4.47M | $4.22M | $4.29M | $4.05M | $3.60M | $4.75M | $5.37M | $5.39M | $5.07M | $4.88M | $4.93M | $11.49M | $4.76M | $4.84M | $5.81M | $12.29M | $7.71M | $9.31M | $7.70M | $3.69M | $5.61M | $6.44M | $3.33M | $4.88M |
| Low Forecast | $5.74M | $5.40M | $5.23M | $4.90M | $4.91M | $4.69M | $4.47M | $4.22M | $4.29M | $4.05M | $3.60M | $4.75M | $5.37M | $5.39M | $5.07M | $4.88M | $4.93M | $7.66M | $4.76M | $4.48M | $5.37M | $8.19M | $5.14M | $6.20M | $5.13M | $3.41M | $3.74M | $4.29M | $3.08M | $3.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.98% | - | 0.93% | 0.90% | 0.44% | - | 0.83% | 0.70% | 0.42% | 0.53% | 0.49% | 0.61% | 0.98% | 0.75% | 0.73% | 1.30% | 1.12% |
Everspin's average Quarter SG&A projection for Mar 24 is $4.75M, based on 1 Wall Street analysts, with a range of $4.75M to $4.75M. The forecast indicates a -3.22% fall compared to MRAM last annual SG&A of $4.91M (Dec 23).
Everspin EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | - | $0.04 | $0.03 | $0.09 | - | $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 | $0.01 | $-0.01 | $-0.04 | $-0.03 | $-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 | $0.01 | $-0.01 | $-0.04 | $-0.03 | $-0.04 | $-0.12 | $0.03 | $0.04 | $0.03 | $0.02 | $-0.01 | $-0.03 | $-0.04 | $-0.04 | $-0.03 | $0.08 | $-0.05 | $-0.08 | $-0.07 | $-0.09 | $-0.04 | $-0.04 | $-0.08 | $-0.16 | $-0.18 |
| Low Forecast | $0.06 | $0.03 | $0.02 | $-0.01 | $0.03 | $0.01 | $-0.01 | $-0.04 | $-0.03 | $-0.07 | $-0.12 | $0.03 | $0.01 | $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 | $-0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 4.80% | - | -8.00% | -1.03% | -2.25% | - | -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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WISA | WiSA | $1.75 | $200.00 | 11328.57% | Buy |
| WKEY | WISeKey | $2.29 | $40.00 | 1646.72% | - |
| MXL | MaxLinear | $14.09 | $38.38 | 172.39% | Hold |
| MX | Magnachip Semiconductor | $4.61 | $8.00 | 73.54% | Buy |
| MRAM | Everspin | $5.61 | $9.00 | 60.43% | Strong Buy |
| SGH | SMART Global | $19.10 | $29.38 | 53.82% | Buy |
| SLAB | Silicon Laboratories | $110.79 | $162.00 | 46.22% | Hold |
| AMKR | Amkor | $30.24 | $42.00 | 38.89% | Buy |
| POWI | Power Integrations | $59.50 | $79.00 | 32.77% | Buy |
| DIOD | Diodes | $59.07 | $74.00 | 25.28% | Buy |
| MTSI | MACOM Technology Solutions | $100.01 | $103.88 | 3.87% | Buy |
| SITM | SiTime | $156.87 | $127.00 | -19.04% | Buy |
MRAM Forecast FAQ
Is Everspin a good buy?
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.
What is MRAM's price target?
Everspin (MRAM) average price target is $9 with a range of $9 to $9, implying a 60.43% from its last price of $5.61. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Everspin stock go up soon?
According to Wall Street analysts' prediction for MRAM stock, the company can go up by 60.43% (from the last price of $5.61 to the average price target of $9), up by 60.43% based on the highest stock price target, and up by 60.43% based on the lowest stock price target.
Can Everspin stock reach $8?
MRAM's average twelve months analyst stock price target of $9 supports the claim that Everspin can reach $8 in the near future.
What are Everspin's analysts' financial forecasts?
Everspin's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $54.2M (high $54.2M, low $54.2M), average EBITDA is $-957K (high $-957K, low $-957K), average net income is $-431K (high $-431K, low $-431K), average SG&A $18.3M (high $18.3M, low $18.3M), and average EPS is $-0.02 (high $-0.02, low $-0.02). MRAM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $63M (high $63M, low $63M), average EBITDA is $-1.113M (high $-1.113M, low $-1.113M), average net income is $2.16M (high $2.16M, low $2.16M), average SG&A $21.28M (high $21.28M, low $21.28M), and average EPS is $0.1 (high $0.1, low $0.1).
Did the MRAM's actual financial results beat the analysts' financial forecasts?
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 -53.39%. 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 $539.17K by 265.00%. 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%