Q1 beat, $40M contract are old news - why is MRAM stock soaring today then?

Everspin Technologies Inc (MRAM) has been in a sharp uptrend since late April, when it posted a massive Q1 earnings beat and announced a $40 million agreement with a US prime contractor. Yet, the company's share price ripped higher – as much as 50% – on Monday morning.

Invezz • May 11, 2026

Everspin Stock Rallies On Double Beat, $40M U.S. Defense Contract Win

Everspin Technologies, Inc. (NASDAQ:MRAM) shares are trading higher Thursday after the company reported better-than-expected first-quarter financial results on Wednesday after the market closed.

Benzinga • Apr 30, 2026

Everspin Executes $40M Agreement for Mil-Aero MRAM Applications

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced an agreement with a U.S. prime contractor to provide state-of-the-art Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers. “This work builds on Everspin's long history supporting U.S. DoW programs where performan.

Business Wire • Apr 30, 2026

Everspin Technologies, Inc. (MRAM) Q1 2026 Earnings Call Transcript

Everspin Technologies, Inc. (MRAM) Q1 2026 Earnings Call Transcript

Seeking Alpha • Apr 30, 2026

Everspin Reports Unaudited First Quarter 2026 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced preliminary unaudited financial results for the first quarter ended March 31, 2026. “Our first quarter results were driven by strength in Industrial Automation, Transportation, and Data Center applications,” said Sanjeev Aggarwal, President and Chief Executive Officer. “Additional.

Business Wire • Apr 29, 2026

Everspin Announces Date of First Quarter 2026 Financial Results Conference Call

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of persistent Magnetoresistive Random Access Memory (MRAM) solutions, will release its first quarter 2026 financial results after market close on Wednesday, April 29, 2026. Sanjeev Aggarwal, President and Chief Executive Officer and Bill Cooper, Chief Financial Officer, will host a conference call on Wednesday, April 29, 2026 at 5:00 p.m. Eastern Time to discuss the Compa.

Business Wire • Apr 15, 2026

Everspin Technologies: A Little Expensive For What It Is

Everspin Technologies, Inc. appears expensive given modest 10% top-line growth and no meaningful profitability improvement in 2025. MRAM's niche technology targets specialty memory use cases, not mainstream DRAM or NAND replacement, limiting its total addressable market. The company is well-capitalized with $44.5m in cash, no debt, and solid operational cash flow, but remains only sporadically profitable.

Seeking Alpha • Apr 9, 2026

Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), the world's leading developer and manufacturer of persistent Magnetoresistive Random Access Memory (MRAM) solutions, today announced its strategic manufacturing agreement with Microchip Technology to expand production capacity and strengthen long-term supply. Everspin has entered into an initial 10-year agreement, that can be extended in 2-year increments, with Microchip Technology to augment its onshore manufacturing.

Business Wire • Apr 8, 2026

Everspin Launches New Generation of Unified Memory for Embedded Systems

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced the UNISYST MRAM family, a new generation of unified memory designed to fundamentally change how embedded systems store and access code and data. “System designers are running into the physical and performance limits of NOR flash, especially as process nodes move below 40 nanomete.

Business Wire • Mar 10, 2026

Everspin Advances High-Reliability xSPI MRAM Portfolio With 256Mb Density and Production Qualification Milestones

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced continued progress across its high-reliability (HR) PERSYST xSPI STT-MRAM portfolio, including the completion of full production qualification for its 64Mb MRAM and the expansion of the family to a new 256Mb density. The HR 64Mb xSPI STT-MRAM has now completed full production qual.

Business Wire • Mar 5, 2026