Everspin Technologies Inc (MRAM) Stock AnalysisMRAMStock AnalysisEverspin Technologies Inc

Everspin Technologies, Inc. is a developer and manufacturer of magnetoresistive random access memory (MRAM) solutions. Its portfolio of MRAM technologies includes Toggle MRAM, Tunnel Magneto Resistance (TMR) Sensors, and Spin-transfer Torque MRAM (STT-MRAM). Toggle MRAM products are designed to address applications in the industrial, medical, automotive/transportation, and data center markets. It offers these products with industry standard interfaces, including Parallel, Serial Peripheral Interface (SPI) and Quad SPI (QSPI) interfaces. STT-MRAM technology can be tuned to deliver products in Dynamic Random Access Memory (DRAM), Static Random Access Memory (SRAM) and NOR Flash applications. TMR sensors provide high magnetic sensitivity in a single component that performs 3D magnetic field measurements in a monolithic solution. It sells its products directly and through its distribution channels, to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

Everspin Technologies Inc (MRAM) is currently a hold. The stock is priced at $16.55, which is above the downgraded analyst price target of $14, indicating potential downside risk. The RSI is at 41.315, suggesting the stock is nearing oversold territory, but the recent insider selling has increased by 1844.28%, which raises concerns about future performance.

4 analysts cover MRAM: 4 rate it Buy, 0 Hold and 0 Sell.