Everspin Technologies: New Use Cases Can Propel Its Growth

Impact · against what's priced in

Everspin Technologies shows strong fundamental strength with a clean balance sheet and a scalable fab-lite model. The projection of MRAM revenue nearly doubling to $100M by FY29, supported by data center and space adoption, provides a concrete catalyst for growth.

MRAM+0.70

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In context

The company's path to $100M in revenue by FY29, combined with >50% gross margins and zero debt, suggests a high-growth profile that justifies the $27 price target.

Read from the article alone

• data centers▲10%
• revenue growth
• semiconductors
• MRAM
• free cash flow
• mram
• price target
• space infrastructure

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