Kerrisdale Capital released a new report on Tuesday, saying that it is short Everspin Technologies Inc. (NASDAQ:MRAM) because it believes the recent rally in MRAM shares is driven more by AI-related speculation than by any meaningful change in the company's business.
Everspin Technologies NASDAQ: MRAM could be the next big AI winner because AI is driving applications at the edge, and the edge is where Everspin Technologies is best-suited. In fact, its products are not just best-suited for the edge; they are the best in their class for edge applications, and demand is accelerating.
Everspin Technologies Inc (MRAM) has been in a sharp uptrend since late April, when it posted a massive Q1 earnings beat and announced a $40 million agreement with a US prime contractor. Yet, the company's share price ripped higher – as much as 50% – on Monday morning.
Everspin Technologies, Inc. (NASDAQ:MRAM) shares are trading higher Thursday after the company reported better-than-expected first-quarter financial results on Wednesday after the market closed.
CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced an agreement with a U.S. prime contractor to provide state-of-the-art Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers. “This work builds on Everspin's long history supporting U.S. DoW programs where performan.
Everspin Technologies, Inc. (MRAM) Q1 2026 Earnings Call Transcript
CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced preliminary unaudited financial results for the first quarter ended March 31, 2026. “Our first quarter results were driven by strength in Industrial Automation, Transportation, and Data Center applications,” said Sanjeev Aggarwal, President and Chief Executive Officer. “Additional.
Everspin Tech (NASDAQ: MRAM - Get Free Report) 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
CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of persistent Magnetoresistive Random Access Memory (MRAM) solutions, will release its first quarter 2026 financial results after market close on Wednesday, April 29, 2026. Sanjeev Aggarwal, President and Chief Executive Officer and Bill Cooper, Chief Financial Officer, will host a conference call on Wednesday, April 29, 2026 at 5:00 p.m. Eastern Time to discuss the Compa.
Everspin Technologies, Inc. appears expensive given modest 10% top-line growth and no meaningful profitability improvement in 2025. MRAM's niche technology targets specialty memory use cases, not mainstream DRAM or NAND replacement, limiting its total addressable market. The company is well-capitalized with $44.5m in cash, no debt, and solid operational cash flow, but remains only sporadically profitable.
