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Everspin Technologies, Inc. (NASDAQ:MRAM) is one of the top semiconductor stocks in our ranking of the top 10 chip stocks by YTD performance. On April 30, Everspin Technologies, Inc. (NASDAQ:MRAM) announced an agreement with a U.S. prime contractor to provide state-of-the-art Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers. Under […]

The United States market has shown impressive momentum, rising 1.8% over the last week and climbing 30% in the past year, with earnings projected to grow by 16% annually. In this thriving environment, identifying stocks that are not only poised for growth but also remain under the radar can offer unique opportunities for investors seeking to capitalize on emerging potential.

Everspin Technologies recently reported past first-quarter 2026 results, with revenue of US$14.87 million versus US$13.14 million a year earlier and a reduced net loss of US$296,000, while issuing second-quarter guidance for revenue of US$15.5–16.5 million and a GAAP net loss per share of US$0.12–0.07. A separate US$40 million, 2.5-year subcontract with a leading U.S. defense contractor to supply Toggle MRAM technology and engineering services underscores Everspin’s increasing role in...

Moby summary of Everspin Technologies, Inc.'s Q1 2026 earnings call

Everspin Technologies Inc (MRAM) reports robust revenue growth and a significant new defense contract, despite challenges in licensing revenue and increased operating expenses.

Everspin Tech (NASDAQ:MRAM) reported first-quarter 2026 results at the high end of its guidance range and highlighted a newly announced $40 million, two-and-a-half-year agreement with a U.S. prime contractor focused on defense-related Toggle MRAM process technology and engineering services. New $40

Before we begin the call, I would like to remind you that today's discussion may contain forward-looking statements regarding future events including, but not limited to, the company's expectations for Everspin Technologies, Inc.'s future business, financial performance and goals, customer and industry adoption of MRAM technology, successfully bringing to market and manufacture products in Everspin Technologies, Inc.'s design pipeline, and executing on its business plan. The financial results discussed today reflect the company's preliminary estimates, are based on the information available as of the date hereof, and are subject to further review by Everspin Technologies, Inc. and its external auditors.

Everspin Technologies is back in focus after analysts revised their price target to $14 from $15, while keeping the fair value estimate steady at $12.50. This adjustment lines up with recent commentary that the core view on the business is intact, with the target tweak reflecting refreshed assumptions rather than a change in conviction. As you read on, you will see how this updated target fits into the evolving analyst narrative and how it could inform the way you track the stock. Stay...