Update shared on 22 Nov 2025
Fair value Increased 24%Analysts have raised their price target for Everspin Technologies from $8.50 to $10.50. They cite significant improvements in projected profit margin and future price-to-earnings ratio, despite a slightly higher discount rate and moderated revenue growth expectations.
What's in the News
- Everspin Technologies launched the EM064LX HR and EM128LX HR MRAM devices, offering high endurance and temperature performance for aerospace, defense, automotive, and industrial uses (Key Developments).
- The new MRAM products are AEC-Q100 Grade 1 qualified, capable of operating from -40°C to +125°C, and provide 10-year data retention at 125°C with unlimited endurance (Key Developments).
- The EM064LX device passed independent radiation testing at the Lawrence Berkeley National Laboratory under a NASA Jet Propulsion Laboratory program, confirming high-reliability specifications (Key Developments).
- Everspin provided Q4 2025 guidance: expected revenue of $14 to $15 million and GAAP net income per diluted share between $0.02 and $0.07 (Key Developments).
- Everspin and Quintauris announced a strategic collaboration to advance memory reliability and safety in RISC-V-based automotive, industrial, and edge applications (Key Developments).
Valuation Changes
- Fair Value Estimate has increased from $8.50 to $10.50, reflecting greater optimism in intrinsic valuation.
- Discount Rate has risen slightly, from 10.07% to 10.57%, indicating moderately higher perceived risk.
- Revenue Growth Forecast has fallen significantly, from 12.64% to 8.90% annually. This signals more conservative future sales expectations.
- Net Profit Margin projection has risen sharply, from 3.25% to 14.17%. This demonstrates much stronger anticipated profitability.
- Future P/E Ratio estimate has dropped substantially, from 113.5x to 36.2x, pointing to a lower valuation relative to projected earnings.
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