EVERSPIN TECHNOLOGIES INC. MRAM
EVERSPIN TECHNOLOGIES INC. (MRAM) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $55.2M at a -1.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.41 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.611 |
| Retained earnings / assets | -1.625 |
| EBIT / assets | -0.077 |
| Equity / liabilities | 4.392 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| MRAM | EVERSPIN TECHNOLOGIES INC. | 4/9 | 2.81 | — | +9.5% |
| NVTS | Navitas Semiconductor Corp | — | 6.21 | — | -44.9% |
| LEDS | SemiLEDs Corp | 6/9 | — | — | — |
| KOPN | KOPIN CORP | 3/9 | -7.29 | 271.6 | -21.9% |
| BZAI | Blaize Holdings, Inc. | 3/9 | — | — | — |
| AMBQ | Ambiq Micro, Inc. | 4/9 | 5.22 | — | -4.7% |
| LPTH | LIGHTPATH TECHNOLOGIES INC | 2/9 | -8.78 | — | +17.3% |
About EVERSPIN TECHNOLOGIES INC.
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products and magnetic tunnel junction (MTJ)-based sensors. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.
FAQ
Is MRAM financially healthy?
EVERSPIN TECHNOLOGIES INC.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does MRAM pay a dividend?
No, EVERSPIN TECHNOLOGIES INC. does not currently pay a dividend.
How profitable is MRAM?
In FY2025, EVERSPIN TECHNOLOGIES INC. had a net margin of -1.1% and a return on equity of -0.9%.
Is MRAM overvalued or undervalued?
EVERSPIN TECHNOLOGIES INC. trades at about 426.5× trailing earnings — above its 10-year norm (10-year range 20.3×–153.0×, median 46.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for MRAM?
The average Wall-Street price target for EVERSPIN TECHNOLOGIES INC. is $18.00, about 5.5% above the recent price, from 2 analysts.
Is MRAM a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on EVERSPIN TECHNOLOGIES INC.: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.