MRAM trades 87.4% below Wall Street's consensus target of $22.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MRAM achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 9, 2026, Everspin Technologies, Inc. (MRAM) has a Wall Street consensus price target of $22.00, based on estimates from 5 covering analysts. With the stock currently trading at $11.74, this represents a potential upside of +87.4%. The company has a market capitalization of $275M.
Analyst price targets range from a low of $19.00 to a high of $25.00, representing a 27% spread in expectations. The median target of $22.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, MRAM trades at a trailing P/E of -29.0x. Analysts expect EPS to grow -6.2% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LYTSLSI Industries Inc. | $652M | $17.20 | $29.50 | +71.5% | Buy | 13.1x | 6 |
 SIMOSilicon Motion Technology Corporation | $1.4B | $162.76 | $347.00 | +113.2% | Buy | 12.1x | 31 |
 IMOSChipMOS TECHNOLOGIES Inc. | $1.5B | $43.78 | — | — | Hold | 0.5x | 1 |
 MUMicron Technology, Inc. | $779.3B | $690.00 | $1588.85 | +130.3% | Buy | 9.3x | 70 |
 WDCWestern Digital Corporation | $90.9B | $263.78 | $617.15 | +134.0% | Buy | 26.4x | 61 |
 STXSeagate Technology Holdings plc | $103.4B | $460.99 | $1105.93 | +139.9% | Buy | 30.9x | 52 |
 RMBSRambus Inc. | $8.1B | $74.53 | $149.60 | +100.7% | Buy | 23.9x | 16 |
 NVDANVIDIA Corporation | $4.5T | $186.64 | $339.17 | +81.7% | Buy | 20.1x | 79 |
 TXNTexas Instruments Incorporated | $253.3B | $277.36 | $333.71 | +20.3% | Buy | 30.7x | 66 |
 AMATApplied Materials, Inc. | $264.2B | $332.72 | $659.83 | +98.3% | Buy | 26.0x | 55 |
Quick answers to the most common questions about buying MRAM stock.
The consensus Wall Street price target for MRAM is $22, representing 87.4% upside from the current price of $11.74. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
MRAM has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $22 implies 87.4% upside from current levels.
MRAM's current price is $11.74 with a consensus target of $22 (87.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $25 for MRAM, while the most conservative target is $19. The consensus of $22 represents the median expectation. These targets typically reflect 12-month expectations.
MRAM is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MRAM stock forecast based on 5 Wall Street analysts shows a consensus price target of $22, with estimates ranging from $19 (bear case) to $25 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on MRAM, with a "Buy" consensus rating and $22 price target (87.4% upside). 5 of 5 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MRAM analyst price targets range from $19 to $25, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $22 consensus represents the middle ground.
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