Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Everspin Technologies Inc(MRAM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MRAM
10/09/2026: MRAM (3-star) is a WEAK-BUY. BUY for 6 days. Simulated Profits (-12.64%). Updated daily EoD!
Everspin Technologies Inc is a specialized semiconductor company focused on developing and commercializing MRAM, a non-volatile memory technology prized for its durability and speed. Its primary business strength lies in its strong IP portfolio and established presence in critical industrial and automotive sectors where high reliability is essential. The company's main growth opportunity centers on the integration of its STT-MRAM technology into advanced AI and edge computing architectures. However, investors face significant risks, including intense competition from massive semiconductor incumbents, inconsistent profitability, and the long-term nature of industry design cycles. The stock is best suited for growth-oriented investors who understand the high-risk, high-reward nature of emerging memory technologies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Everspin offers exposure to specialized memory growth but requires patience for long design-win cycles. |
| Momentum investor | Mixed fit | The stock can experience sharp moves on design-win news or industry cycles, but requires a positive upturn signal. |
| Value investor | Weak fit | Valuation is often driven by speculative future growth rather than current earnings multiples. |
| Dividend investor | Weak fit | The company does not pay a dividend and is focused on reinvesting cash into R&D. |
| Low-risk investor | Weak fit | High volatility and competitive pressure make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap semiconductor stocks often experience significant price swings based on industry news. |
| Valuation risk | Medium / high | Shares are often valued on long-term technological promise, making them sensitive to interest rate changes. |
| Competition risk (Memory Industry) | High | Large incumbents with vastly more capital can outspend or replicate niche technologies. |
| Business quality | Medium | The firm has a strong niche but lacks the diversified revenue streams of larger tech players. |
| Dividend income | Low / none | The company provides no income to investors. |
| Execution risk | Medium | Successfully scaling MRAM for mass-market adoption depends on complex manufacturing and design wins. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 121.31% | Avg. Invested days 25 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 402.99M USD | Price to earnings Ratio - | 1Y Target Price 25.67 |
Price to earnings Ratio - | 1Y Target Price 25.67 | ||
Volume (30-day avg) 818.2K shares | Beta 1.89 | 52 Weeks Range 7.35 - 51.50 | Updated Date 10/09/2026 |
52 Weeks Range 7.35 - 51.50 | Updated Date 10/09/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.12 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| MRAM Memory Products | Toggle MRAM and STT-MRAM components used in industrial/automotive controllers and SSDs. | Revenue is primarily driven by selling specialized memory chips to industrial and automotive customers. |
| Foundry Services | Licensing IP and manufacturing memory products for third-party partners. | The company generates additional revenue by helping other firms integrate MRAM into their own designs. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 31.65 | Enterprise Value 375.57M | Price to Sales(TTM) 6.45 |
Enterprise Value 375.57M | Price to Sales(TTM) 6.45 | ||
Enterprise Value to Revenue 6.01 | Enterprise Value to EBITDA 67.14 | Shares Outstanding 24.35M | Shares Floating 23.49M |
Shares Outstanding 24.35M | Shares Floating 23.49M | ||
Percent Insiders 5.59 | Percent Institutions 58.99 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.