MRAM
EverspinBNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
The constructive case is that FY2025 ended with 238 design wins expected to ramp in 2026-2027, Q1 had a prior revenue guide of $14.0-$15.0 million, and the recent xSPI and UNISYST announcements give dated product and platform checkpoints instead of a purely thematic memory story. [#IR-2026-03-04][#10-K-2026-03-04][#IR-2026-03-05][#IR-2026-03-10]
Posture
Constructive
Lead driver
Momentum
What changed
2 setup hits (3d) with net bullish as of 2026-06-03.
What can break
As of April 29, 2026, the checked company sources showed the Q1 2026 earnings date notice but not yet a visible results release or 8-K exhibit, limiting conviction on any post-earnings interpretation.
Momentum
100
Value
43
Sentiment
24
Setup hits (3d)
2 · Net Bullish
AI TargetsBase $12.75 · Bull $15.00 · Bear $10.50
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-29 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $12.75
Why
Momentum100 · Δ7d -0.1
Value43 · Δ7d +0.6
Sentiment24 · Δ7d 0.0
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
100
34% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
+0.0
Value
43
32% active weight
Current posture
7d trendFlat
Δ7d
+0.6
Δ21d
+1.4
Sentiment
24
33% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
0.0
Why this grade
Composite grade B. Momentum 99.5 / Value 42.7 / Sentiment 23.7
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$706.01M
Beta
0.82
Shares Out
22.86M
P/E (TTM)
122.0
P/S (TTM)
4.54
P/FCF (TTM)
52.04
Rev YoY
+16.3%
EPS YoY
-97.7%
Gross Margin
+51.3%
Op Margin
-13.0%
Net Debt
-$42.1M
Current Ratio
5.84
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology