Everspin Tech (MRAM) Projected to Post Quarterly Earnings on Wednesday

Everspin Tech (NASDAQ:MRAM) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $14.60 million for the quarter. Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, April 29, 2026 at 5:00 PM ET.

Everspin Tech (NASDAQ:MRAM) last issued its quarterly earnings data on Wednesday, March 4th. The business services provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Everspin Tech had a negative net margin of 1.06% and a negative return on equity of 0.90%. The business had revenue of $14.80 million for the quarter, compared to analyst estimates of $14.45 million.

Everspin Tech Price Performance

Shares of NASDAQ:MRAM opened at $14.07 on Monday. Everspin Tech has a 12 month low of $5.15 and a 12 month high of $17.24. The company’s fifty day simple moving average is $10.32 and its 200 day simple moving average is $10.32. The firm has a market cap of $327.69 million, a price-to-earnings ratio of -469.00 and a beta of 0.94.

Insider Transactions at Everspin Tech

In other Everspin Tech news, CEO Sanjeev Aggarwal sold 19,440 shares of Everspin Tech stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $9.20, for a total value of $178,848.00. Following the sale, the chief executive officer directly owned 847,881 shares in the company, valued at approximately $7,800,505.20. The trade was a 2.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Everspin Tech

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP acquired a new stake in Everspin Tech in the 4th quarter valued at $267,000. WINTON GROUP Ltd bought a new position in shares of Everspin Tech in the 4th quarter valued at about $156,000. Brevan Howard Capital Management LP bought a new position in shares of Everspin Tech in the 2nd quarter valued at about $227,000. Bank of America Corp DE grew its position in shares of Everspin Tech by 28.6% in the 2nd quarter. Bank of America Corp DE now owns 27,150 shares of the business services provider’s stock valued at $171,000 after acquiring an additional 6,041 shares during the period. Finally, Jump Financial LLC bought a new position in shares of Everspin Tech in the 2nd quarter valued at about $159,000. 44.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on MRAM shares. Wall Street Zen lowered shares of Everspin Tech from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Everspin Tech in a report on Friday, March 27th. Finally, Needham & Company LLC lowered their price target on shares of Everspin Tech from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Everspin Tech currently has a consensus rating of “Hold” and an average price target of $14.00.

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.