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Everspin Technologies Inc has a consensus price target of $9.33 based on the ratings of 3 analysts. The high is $10 issued by Craig-Hallum on May 2, 2024. The low is $8 issued by Needham on October 31, 2024. The 3 most-recent analyst ratings were released by Needham, Needham, and Craig-Hallum on October 31, 2024, August 1, 2024, and May 2, 2024, respectively. With an average price target of $8.67 between Needham, Needham, and Craig-Hallum, there's an implied 39.11% upside for Everspin Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Everspin Technologies (NASDAQ:MRAM) was reported by Needham on October 31, 2024. The analyst firm set a price target for $8.00 expecting MRAM to rise to within 12 months (a possible 28.41% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Everspin Technologies (NASDAQ:MRAM) was provided by Needham, and Everspin Technologies reiterated their buy rating.
There is no last upgrade for Everspin Technologies
There is no last downgrade for Everspin Technologies.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Everspin Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Everspin Technologies was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Everspin Technologies (MRAM) rating was a reiterated with a price target of $8.00 to $8.00. The current price Everspin Technologies (MRAM) is trading at is $6.23, which is out of the analyst’s predicted range.
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