MRAM trades 6.3% below Wall Street's consensus target of $19.00.
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 September 25, 2026, Everspin Technologies, Inc. (MRAM) has a Wall Street consensus price target of $19.00, based on estimates from 5 covering analysts. With the stock currently trading at $17.88, this represents a potential upside of +6.3%. The company has a market capitalization of $419M.
Analyst price targets range from a low of $19.00 to a high of $19.00, representing a 0% spread in expectations. The median target of $19.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
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 -687.7x. Analysts expect EPS to grow +0.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1.83, with bear and bull scenarios of $1.15 and $2.41 respectively. Model confidence stands at 36/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LYTSLSI Industries Inc. | $706M | $20.94 | $29.50 | +40.9% | Buy | 16.0x | 6 |
 SIMOSilicon Motion Technology Corporation | $2.3B | $275.10 | $356.25 | +29.5% | Buy | 24.6x | 31 |
 IMOSChipMOS TECHNOLOGIES Inc. | $2.4B | $69.72 | — | — | Hold | 0.8x | 1 |
 MUMicron Technology, Inc. | $1.2T | $1080.53 | $1547.71 | +43.2% | Buy | 14.7x | 70 |
 WDCWestern Digital Corporation | $155.2B | $450.31 | $647.58 | +43.8% | Buy | 45.1x | 61 |
 STXSeagate Technology Holdings plc | $203.0B | $905.17 | $1130.15 | +24.9% | Buy | 60.7x | 52 |
 RMBSRambus Inc. | $11.3B | $104.55 | $161.75 | +54.7% | Buy | 34.4x | 14 |
 NVDANVIDIA Corporation | $5.4T | $224.58 | $345.21 | +53.7% | Buy | 24.3x | 79 |
 TXNTexas Instruments Incorporated | $247.2B | $270.65 | $325.00 | +20.1% | Buy | 31.8x | 65 |
 AMATApplied Materials, Inc. | $376.5B | $474.25 | $666.30 | +40.5% | Buy | 37.0x | 55 |
Quick answers to the most common questions about buying MRAM stock.
The consensus price target for MRAM is $19, close to the current price of $17.88 (6.3% implied move). Based on 5 analyst estimates, the stock appears fairly valued near current levels.
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 $19 implies 6.3% upside from current levels.
MRAM's current price is $17.88 with a consensus target of $19 (6.3% implied move). Analyst estimates suggest the stock is fairly valued at current levels.
The most bullish Wall Street analyst has a price target of $19 for MRAM, while the most conservative target is $19. The consensus of $19 represents the median expectation. Our quantitative valuation model projects a bull case target of $2 based on optimistic growth and margin assumptions. 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 $19, with estimates ranging from $19 (bear case) to $19 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $2, with bear/bull scenarios of $1/$2.
Our quantitative valuation model calculates MRAM's fair value at $2 (base case), with a bear case of $1 and bull case of $2. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 36/100.
MRAM appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $19 target. Consider your investment thesis and risk tolerance. 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 $19, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $19 consensus represents the middle ground. Our model's $1-$2 range provides an independent fundamental perspective.
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