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

Everspin Tech (NASDAQ:MRAM) will likely be announcing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.01 per share and revenue of $17.30 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Everspin Tech (NASDAQ:MRAM) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $14.87 million during the quarter, compared to the consensus estimate of $14.60 million. Everspin Tech had a net margin of 0.50% and a return on equity of 4.78%.

Everspin Tech Stock Down 6.6%

NASDAQ:MRAM opened at $13.97 on Wednesday. The company has a market capitalization of $327.57 million, a PE ratio of 1,398.40 and a beta of 1.88. Everspin Tech has a 52-week low of $5.76 and a 52-week high of $51.50. The stock’s 50 day moving average price is $22.83 and its 200 day moving average price is $16.97.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Everspin Tech in a report on Wednesday, June 24th. Needham & Company LLC raised their price objective on shares of Everspin Tech from $14.00 to $18.50 and gave the company a “buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $18.50.

Insiders Place Their Bets

In other news, CEO Sanjeev Aggarwal sold 30,885 shares of Everspin Tech stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $22.34, for a total transaction of $689,970.90. Following the completion of the transaction, the chief executive officer owned 839,561 shares of the company’s stock, valued at $18,755,792.74. The trade was a 3.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Glen Hawk sold 48,563 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $37.95, for a total transaction of $1,842,965.85. Following the completion of the sale, the director directly owned 39,551 shares in the company, valued at approximately $1,500,960.45. The trade was a 55.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 188,302 shares of company stock worth $5,571,695. 6.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Everspin Tech

A number of institutional investors have recently made changes to their positions in MRAM. Brevan Howard Capital Management LP acquired a new position in Everspin Tech in the 2nd quarter valued at about $227,000. Occudo Quantitative Strategies LP boosted its position in Everspin Tech by 130.0% during the fourth quarter. Occudo Quantitative Strategies LP now owns 24,053 shares of the business services provider’s stock worth $223,000 after acquiring an additional 13,594 shares during the last quarter. Rhumbline Advisers grew its stake in Everspin Tech by 55.1% in the 1st quarter. Rhumbline Advisers now owns 36,835 shares of the business services provider’s stock worth $188,000 after acquiring an additional 13,086 shares during the period. Bank of America Corp DE raised its holdings in 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 last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Everspin Tech during the 2nd quarter worth $164,000. 44.68% of the stock is owned by institutional investors and hedge funds.

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.