Everspin (MRAM) closed at $16.55 on Aug 28, 2026, down 5.2% on the day. The stock is up 14.5% over the past month, down 37.3% over three months, up 78.3% year to date and up 159.0% over the past year. It trades 67.9% below its 52-week high of $51.50 and 125.2% above its 52-week low of $7.35. The close sits below its 50-day moving average ($17.81) and above its 200-day moving average ($15.34).
A $40 million contract pushed MRAM to an all-time high
Defense orders ignited, surging +70% in two days, but CEOs and CFOs have successively reduced their holdings. The story behind the 4000x P/E ratio is far from simple
May 9, 2026
Yes — the Aug 28, 2026 close of $16.55 is 7.9% above the 200-day average of $15.34.
MRAM closed 67.9% below its 52-week high of $51.50.
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, 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 and magnetic tunnel junction (MTJ)-based sensors. 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.
