Everspin Technologies, Inc. (MRAM) reported a board change under Item 5.02 of Form 8-K, covering the departure of a director. On July 14, 2026, Lawrence G. Finch notified the company that he will resign from Everspin’s board of directors, effective August 4, 2026. His resignation also includes his role as a member of the board’s audit committee. The company stated that Finch’s departure was not the result of any disagreement with Everspin regarding its operations, policies, or practices. That clarification is significant because public companies typically disclose whether a director resignation stems from a dispute or governance concern; in this case, Everspin indicated there was no such disagreement. No securities transactions, share sales, option exercises, equity awards, or changes in beneficial ownership were reported in the filing. The filing was signed on July 17, 2026, by William Cooper, Everspin’s chief financial officer.
Stock detail
Everspin Technologies (MRAM) stock price, chart, and key data
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Stock detail
Everspin Technologies
MRAM · XNAS
+$5.40 (+33.07%) past day
$21.73
Overnight $21.62 (-0.51%)
Key metrics
Financials
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Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
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Day range
$14.80 - $16.84
52-week range
$5.76 - $51.50
Close price
$16.60
Market cap
$389.2M
P/E ratio
-2,172.8
Beta
1.88
Financials
FY2026 Q1Operating income
-$3M
Operating cash flow
$570,000
EPS
-0.01
Shares outstanding
23.4M
Total assets
$83M
Total equity
$70M
Total liabilities
$13M
About the company
Everspin Technologies Inc
Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory products, including Toggle MRAM and Spin-Transfer Torque MRAM product families. It also licenses its technology for use in embedded MRAM applications, magnetic sensor applications as well as performing backend foundry services for eMRAM. MRAM has the performance characteristics close to static random-access memory while also having the persistence of non-volatile memory, meaning that it will not lose its charge or data if power is removed from the system. This characteristic makes MRAM suitable for a large number of applications where persistence, performance, endurance and reliability are critical.
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Mean target
$24.67
3
Buy
/ 3
Recent calls
07/10/2026
JonesTrading
Josh Sullivan
Buy · Price target $38.00
04/30/2026
Craig-Hallum
Richard Shannon
Buy · Price target $17.50
04/30/2026
Needham
Neil Young CFA
Buy · Price target $18.50
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#1Ashley Moody
republican · Senate · FL
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