Everspin Stock Surges Again: The $40 Million MRAM Deal Behind the Rally

Everspin Stock Surges Again: The $40 Million MRAM Deal Behind the Rally

Everspin Technologies shares surged 25.5% Friday after announcing a $40 million U.S. defense MRAM contract and stronger Q1 product sales. The stock closed at $26.99 and traded at $36.05 after hours. First-quarter MRAM sales rose to $14.1 million, while net loss narrowed to $0.3 million. The new contract has not yet been included in company guidance. The post Everspin Stock Surges Again: The $40 Million MRAM Deal Behind the Rally appeared first o…

Everspin Technologies (MRAM) Surges to 52-Week Peak Following Microchip Partnership

Key Highlights Shares of MRAM peaked at $23.10 on May 8, closing near $22.59 with approximately 437,000 shares traded The company finalized a decade-long production agreement with Microchip Technology for U.S.-based MRAM manufacturing in Oregon First quarter earnings per share reached $0.11 on revenue of $14.87M, exceeding Wall Street’s $14.60M projection Second quarter 2026 EPS forecast ranges from $0.000 to $0.030; analyst rating averages Hol…