Everspin Technologies, Inc. (MRAM) Social Stream



Everspin Technologies, Inc. (MRAM): $7.27

0.22 (-2.94%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

EVERSPIN TECHNOLOGIES INC (MRAM) Price Targets From Analysts

Use the tables below to see what analysts covering EVERSPIN TECHNOLOGIES INC think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-12 1 $12 $12 $12 $8.78 36.67%
2023-03-02 1 $10 $10 $10 $8.78 13.9%
2023-06-30 1 $12 $10 $11 $8.78 25.28%
2023-08-03 1 $12 $12 $12 $8.78 36.67%
NA 1 $NA $NA $NA $8.78 NA%

Price Target Last Issued June 30, 2023

The Trend in the Analyst Price Target


MRAM's average price target has moved up $3 over the prior 31 months.

MRAM reports an average of 28.31% for its upside potential over the past 154 days.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-02 1 10 10 10 6.92 44.51%
2023-06-30 1 12 10 11 9.21 19.44%
2023-08-03 1 12 12 12 9.92 20.97%

MRAM Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 0 1 0 0 0 1

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MRAM as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, EVERSPIN TECHNOLOGIES INC's number of analysts covering the stock is greater than practically none of them.
  • In terms of how EVERSPIN TECHNOLOGIES INC fares relative to Technology stocks, note that its variance in analysts' estimates is lower than 91.92% of that group.
  • In the context of Technology stocks, EVERSPIN TECHNOLOGIES INC's average analyst price target is greater than 34.53% of them.
  • In the context of stocks in the micro market cap category, EVERSPIN TECHNOLOGIES INC's upside potential (average analyst target price relative to current price) is greater than 66.08% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to EVERSPIN TECHNOLOGIES INC are ISUN, GSIT, and SONM.

What is the outlook for MRAM? Use POWR Ratings for clearer insight into price direction.


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