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Everspin Technol Stock Price, News & Analysis

MRAM NASDAQ

Company Description

Overview

Everspin Technologies specializes in the design, fabrication, and distribution of advanced Magnetoresistive Random Access Memory (MRAM) solutions that are critical for markets demanding robust data persistence, high performance, and reliable endurance. As one of the foremost innovators in the non-volatile memory space, Everspin leverages its in-depth expertise in MRAM technology to deliver products that ensure mission-critical data integrity across a diverse range of applications, including data centers, cloud storage systems, energy infrastructures, industrial machinery, automotive electronics, and transportation systems.

Core Business and Technology

Everspin Technologies has built its reputation on its ability to engineer discrete and embedded MRAM solutions that meet the stringent reliability and speed requirements of modern electronic systems. The company develops products that are specifically engineered to retain data even in the absence of power, making them indispensable in scenarios where data loss is not an option. Utilizing both Toggle MRAM and Spin-Transfer Torque MRAM methodologies, the firm capitalizes on unique design advantages that set its solutions apart from conventional memory technologies.

Product Portfolio and Revenue Model

The company’s product lineup encompasses a broad range of MRAM technologies that can be deployed as discrete components or embedded solutions in integrated systems. Revenue is generated through multiple channels including the direct sale of MRAM-based products, licensing and royalty agreements on its magnetic sensor and MRAM technologies, and the provision of backend foundry and design services for third-party collaborations. This diversified revenue model underscores the company\s ability to serve various market segments and geographical regions.

Industry Applications and Market Significance

Everspin\s MRAM products are at the heart of applications where data persistence and rapid performance are non-negotiable. In data centers and cloud infrastructures, where maintaining data integrity is paramount, the company’s MRAM solutions provide a reliable alternative to traditional memory forms. Similarly, in the industrial and automotive sectors, the robustness and durability of MRAM play a crucial role in maintaining operational efficiency under challenging environmental conditions. This broad applicability across mission-critical markets solidifies Everspin\s position as a key technology provider.

Global Reach and Operational Footprint

Headquartered in Chandler, Arizona, Everspin Technologies operates on a global scale with a revenue recognition framework that spans North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) region. This worldwide presence enables the company to meet diverse market demands and maintain strong customer relationships in multiple industrial sectors.

Competitive Landscape and Differentiation

Within the rapidly evolving semiconductor industry, Everspin faces competition from traditional memory manufacturers and emerging technology innovators. However, its specialization in MRAM technology positions it distinctively by offering non-volatile memory solutions that combine high-speed performance with exceptional endurance. The company\s commitment to quality design and robust manufacturing processes further differentiates its products from competitors, ensuring customers receive a reliable memory solution that can be trusted in critical applications.

Technological Expertise and Innovation

Everspin Technologies is recognized for its pioneering work in magnetic memory systems. The company consistently reinvests in research and development to push the boundaries of MRAM performance. By integrating advanced semiconductor processing techniques with novel magnetic sensor technologies, Everspin demonstrates a methodical approach to innovation that solidifies its technical authority in the field. These efforts not only enhance the company\s product portfolio but also contribute significantly to the evolution of memory technologies on a global scale.

Operational Excellence and Quality Assurance

At the core of Everspin\s success is an unwavering commitment to operational excellence and quality control. The company adheres to stringent manufacturing standards, ensuring that every MRAM product meets the high criteria required for deployment in industrial, automotive, and data-intensive environments. This dedication to quality is further enhanced by comprehensive design and backend foundry services geared toward maintaining consistent performance and reliability across its product spectrum.

Conclusion

In summary, Everspin Technologies represents a cornerstone in the field of advanced memory technologies. By focusing on the unique benefits of MRAM, the company addresses the critical needs of data persistence and robust performance in multiple high-stakes applications. Its operational structure, global reach, and diversified revenue streams reflect a well-rounded approach to leveraging technological innovation in modern electronic systems. Whether deployed in cloud infrastructures, automotive safety systems, or industrial control units, Everspin\s MRAM products embody the principles of durability, efficiency, and high-performance, making it a pivotal player in today\s fast-evolving non-volatile memory market.

Stock Performance

$5.42
+0.28%
+0.01
Last updated: April 25, 2025 at 11:52
-26.89 %
Performance 1 year
$111.3M
Market Cap
22.4M
Shares outstanding

SEC Filings

No SEC filings available for Everspin Technol.

Financial Highlights

$12,093,000
Revenue (TTM)
$2,271,000
Net Income (TTM)
$0.10
Diluted EPS (TTM)
$2,838,000
Operating Cash Flow
18.78%
Net Profit Margin
-17.49%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Everspin Technol (MRAM)?

The current stock price of Everspin Technol (MRAM) is $5.4 as of April 24, 2025.

What is the market cap of Everspin Technol (MRAM)?

The market cap of Everspin Technol (MRAM) is approximately 111.3M.

What is the revenue (TTM) of Everspin Technol (MRAM) stock?

The trailing twelve months (TTM) revenue of Everspin Technol (MRAM) is $12,093,000.

What is the net income of Everspin Technol (MRAM)?

The trailing twelve months (TTM) net income of Everspin Technol (MRAM) is $2,271,000.

What is the earnings per share (EPS) of Everspin Technol (MRAM)?

The diluted earnings per share (EPS) of Everspin Technol (MRAM) is $0.10 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Everspin Technol (MRAM)?

The operating cash flow of Everspin Technol (MRAM) is $2,838,000.

What is the profit margin of Everspin Technol (MRAM)?

The net profit margin of Everspin Technol (MRAM) is 18.78%.

What is the operating margin of Everspin Technol (MRAM)?

The operating profit margin of Everspin Technol (MRAM) is -17.49%.

What is the gross margin of Everspin Technol (MRAM)?

The gross profit margin of Everspin Technol (MRAM) is 49.22%.

What is the current ratio of Everspin Technol (MRAM)?

The current ratio of Everspin Technol (MRAM) is 6.74, indicating the company's ability to pay short-term obligations.

What is the gross profit of Everspin Technol (MRAM)?

The gross profit of Everspin Technol (MRAM) is $5,952,000 on a trailing twelve months (TTM) basis.

What is the operating income of Everspin Technol (MRAM)?

The operating income of Everspin Technol (MRAM) is -$2,115,000.

What is the core business of Everspin Technologies?

Everspin Technologies specializes in designing, manufacturing, and distributing advanced MRAM solutions that provide non-volatile memory with high performance and endurance.

What makes MRAM technology significant in today\s market?

MRAM technology is crucial as it offers data persistence even without power, making it ideal for applications in data centers, automotive systems, industrial processes, and more.

How does Everspin generate revenue?

The company derives revenue from the sale of discrete MRAM products, licensing and royalty agreements on its proprietary technology, as well as backend foundry services and design collaborations.

Which industries benefit the most from Everspin\s MRAM solutions?

Industries such as cloud storage, data centers, automotive, industrial automation, energy, and transportation benefit greatly from the reliability and endurance of Everspin's MRAM products.

How does Everspin differentiate itself from other memory technology providers?

Everspin differentiates itself by focusing exclusively on MRAM technology, offering solutions that combine high-speed performance with exceptional data reliability, backed by rigorous quality control and advanced design methodologies.

What geographical regions does Everspin serve?

Everspin operates globally with a presence in North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) region, ensuring its advanced memory solutions are accessible to diverse markets.

Can you explain the benefits of MRAM for mission-critical applications?

MRAM provides superior data persistence and high-speed performance, ensuring that critical data remains secure and accessible even in power loss scenarios, which is essential for mission-critical applications across various industries.

Is Everspin involved in any design services?

Yes, apart from manufacturing MRAM products, Everspin offers design services that assist third parties in integrating MRAM technology into their products, supporting innovation and custom solutions in the memory space.