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Upturn AI SWOT - About
MRAM 
Everspin Technologies Inc (MRAM)
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Upturn Advisory Summary
04/04/2025: MRAM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -25.73% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/04/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 100.96M USD | Price to earnings Ratio 114 | 1Y Target Price 9 |
Price to earnings Ratio 114 | 1Y Target Price 9 | ||
Volume (30-day avg) 120015 | Beta 0.61 | 52 Weeks Range 4.48 - 8.06 | Updated Date 04/6/2025 |
52 Weeks Range 4.48 - 8.06 | Updated Date 04/6/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.04 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.55% | Operating Margin (TTM) -11.76% |
Management Effectiveness
Return on Assets (TTM) -6.11% | Return on Equity (TTM) 1.34% |
Valuation
Trailing PE 114 | Forward PE 30.4 | Enterprise Value 63508165 | Price to Sales(TTM) 2 |
Enterprise Value 63508165 | Price to Sales(TTM) 2 | ||
Enterprise Value to Revenue 1.26 | Enterprise Value to EBITDA 25.69 | Shares Outstanding 22141000 | Shares Floating 15292598 |
Shares Outstanding 22141000 | Shares Floating 15292598 | ||
Percent Insiders 5.99 | Percent Institutions 63.4 |
Analyst Ratings
Rating 4.5 | Target Price 9 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Everspin Technologies Inc
Company Overview
History and Background
Everspin Technologies, Inc. was founded in 2008 as a spin-off from Freescale Semiconductor (now NXP). It is focused on the development and commercialization of magnetoresistive random-access memory (MRAM) solutions.
Core Business Areas
- MRAM Products: Develops and sells discrete and embedded MRAM products. These products are used in various applications, including industrial, automotive, and aerospace.
Leadership and Structure
Sanjai Tandon is the President and CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Toggle MRAM: First generation MRAM, it is used in a variety of applications that need fast data access. Competitors include STMicroelectronics (STMicro) and others that sell non-volatile memory solutions. Revenue data is included in company reports, but specific product revenue is not broken down.
- Spin-transfer Torque MRAM (STT-MRAM): Offers higher density and lower power consumption compared to Toggle MRAM, making it suitable for applications like storage class memory and persistent memory. Competitors include Samsung, Intel, and GlobalFoundries. Revenue data is included in company reports, but specific product revenue is not broken down.
Market Dynamics
Industry Overview
The memory market is highly competitive and cyclical. MRAM is a niche market within the broader non-volatile memory market, addressing applications requiring high endurance, low latency, and low power.
Positioning
Everspin is a leader in MRAM technology. Its competitive advantages include its early mover advantage and its expertise in MRAM design and manufacturing.
Total Addressable Market (TAM)
The TAM for MRAM is estimated to be in the hundreds of millions of dollars and growing as adoption increases across various sectors. Everspin is well-positioned to capture a significant portion of this TAM.
Upturn SWOT Analysis
Strengths
- First-mover advantage in MRAM technology
- Strong patent portfolio
- Established customer base
- Expertise in MRAM design and manufacturing
Weaknesses
- Limited manufacturing capacity compared to larger competitors
- High production costs relative to other memory technologies
- Dependence on a small number of key customers
- Requires high CAPEX on tooling to create wafers.
Opportunities
- Growing demand for non-volatile memory in automotive, industrial, and aerospace applications
- Increasing adoption of MRAM as storage class memory
- Partnerships with other semiconductor companies
- Expanding into new markets such as data centers and artificial intelligence
Threats
- Competition from larger memory manufacturers
- Potential for alternative non-volatile memory technologies to emerge
- Economic downturns affecting demand for semiconductors
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- STMicro (STM)
- Samsung (SMSN.L)
- Intel (INTC)
Competitive Landscape
Everspin competes with larger memory manufacturers with greater resources. Its advantages include its specialization in MRAM and its established customer relationships. Disadvantages include the high CAPEX investments required and relatively low economies of scale.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Everspin's growth has been driven by increased adoption of MRAM in industrial, automotive, and other markets.
Future Projections: Analyst estimates vary, but the consensus is for continued growth driven by increasing demand for MRAM.
Recent Initiatives: Recent initiatives include expanding production capacity, developing new MRAM products, and forming partnerships with other companies.
Summary
Everspin Technologies is a leader in the MRAM market with a strong technology foundation. Its limited manufacturing capacity and dependence on key customers present challenges. Its potential lies in expanding its customer base and increasing market share in growing markets. The high CAPEX tooling expenditures must be kept at bay and economies of scale are required to be competitive.
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Sources and Disclaimers
Data Sources:
- Everspin Technologies Inc. Investor Relations
- Industry analyst reports
- Market research reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are approximations and may vary depending on the source. Actual financial performance may differ from projections.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Everspin Technologies Inc
Exchange NASDAQ | Headquaters Chandler, AZ, United States | ||
IPO Launch date 2016-10-07 | President, CEO & Director Dr. Sanjeev Aggarwal Ph.D. | ||
Sector Technology | Industry Semiconductors | Full time employees 86 | Website https://www.everspin.com |
Full time employees 86 | Website https://www.everspin.com | ||
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.
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