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 41.51% upside from MRAM’s last price of $6.36) 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 41.51% upside from MRAM's last price of $6.36.

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

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%	41.51%

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 41.51% increase from MRAM last price ($6.36).

Everspin Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$6.36	$6.36	$6.36
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 $6.36. 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	Jun 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	$14.71M	$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
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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 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	Jun 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	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$-373.12K	$-351.17K	$-340.19K	$-318.25K	$-313.86K	$-299.59K	$-284.23K	$-269.96K	$-274.35K	$-263.38K	$-233.75K	$-308.59K	$-348.97K	$-350.07K	$-329.22K	$-317.15K	$-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	$-368.60K	$-346.92K	$-336.08K	$-314.40K	$-310.06K	$-295.97K	$-280.79K	$-263.38K	$-271.03K	$-260.19K	$-230.92K	$-304.86K	$-344.75K	$-345.84K	$-325.24K	$-313.31K	$-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	$-377.63K	$-355.42K	$-344.31K	$-322.10K	$-317.65K	$-303.21K	$-287.67K	$-276.55K	$-277.67K	$-266.56K	$-236.57K	$-312.32K	$-353.19K	$-354.31K	$-333.20K	$-320.99K	$-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 %	-	-	-	-	-	-	-	-	-	-	-	-	-1.05%	-5.65%	-	-3.65%	-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 $-308.59K, with a high of $-304.86K and a low of $-312.32K. This is -183.86% 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	Jun 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	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$1.32M	$659.55K	$439.70K	$-219.85K	$659.55K	$439.70K	$-329.78K	$-439.70K	$439.70K	$-1.32M	$-2.53M	$16.75M	$549.63K	$549.63K	$439.70K	$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	$1.34M	$669.93K	$446.62K	$-216.39K	$669.93K	$446.62K	$-324.59K	$-432.79K	$446.62K	$-1.30M	$-2.49M	$20.10M	$824.44K	$558.27K	$446.62K	$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	$1.30M	$649.18K	$432.79K	$-223.31K	$649.18K	$432.79K	$-334.96K	$-446.62K	$432.79K	$-1.34M	$-2.57M	$13.40M	$137.41K	$540.99K	$432.79K	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	3.58%	4.44%	-	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 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	Jun 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	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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 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	Jun 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	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WISA	WiSA	$2.06	$200.00	9608.74%	Buy
MX	Magnachip Semiconductor	$3.86	$8.00	107.25%	Buy
MRAM	Everspin	$6.36	$9.00	41.51%	Strong Buy
AMKR	Amkor	$26.47	$34.80	31.47%	Buy
POWI	Power Integrations	$63.17	$79.00	25.06%	Buy
DIOD	Diodes	$63.50	$74.00	16.54%	Buy
MXL	MaxLinear	$20.29	$23.33	14.98%	Hold
SLAB	Silicon Laboratories	$128.99	$117.50	-8.91%	Hold
MTSI	MACOM Technology Solutions	$135.82	$120.00	-11.65%	Buy
SITM	SiTime	$227.17	$171.67	-24.43%	Buy
WKEY	WISeKey	$9.90	$4.00	-59.60%	Buy
LAES	SEALSQ	$5.47	$1.75	-68.01%	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 41.51% from its last price of $6.36. 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 41.51% (from the last price of $6.36 to the average price target of $9), up by 41.51% based on the highest stock price target, and up by 41.51% based on the lowest stock price target.

Can Everspin stock reach $10?

MRAM's average twelve months analyst stock price target of $9 does not support the claim that Everspin can reach $10 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 $53.2M (high $53.99M, low $52.41M), average EBITDA is $-1.168M (high $-1.15M, low $-1.185M), average net income is $329.78K (high $359.17K, low $300.39K), 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 $-1.383M (high $-1.366M, low $-1.399M), average net income is $2.2M (high $2.24M, low $2.16M), average SG&A $21.28M (high $21.53M, low $21.02M), and average EPS is $0.1 (high $0.102, low $0.0981).

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 $-1.345M by -537.41%. The company's net income was $9.05M, missing the average estimation of $19.45M by -53.46%. 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 $-349K by -205.45%. Everspin's net income was $1.97M, beating the average estimation of $549.63K by 258.06%. 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%