Everspin Technologies Added to Russell 2000 Index
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2026
0mins
Source: seekingalpha
- Stock Price Increase: Everspin Technologies (MRAM) saw its stock price rise approximately 3% during pre-market trading on Tuesday, reflecting positive market sentiment regarding its inclusion in the Russell 2000 Index and investor confidence in future growth.
- Index Inclusion Effective: The company's inclusion in the Russell 2000 Index became effective at the opening of U.S. equity markets on July 1, 2024, marking a significant milestone in Everspin's efforts to advance MRAM technology adoption in markets where data persistence and reliability are critical.
- CEO Commentary: CEO Sanjeev Aggarwal noted that the inclusion reflects the company's progress in promoting MRAM technology, emphasizing its importance in key markets, which may attract more investor interest.
- Future Outlook: Everspin forecasts Q2 revenue between $15.5 million and $16.5 million and has signed a $40 million subcontract for 2.5 years, indicating a proactive approach to revenue growth and market expansion.
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Analyst Views on MRAM
Wall Street analysts forecast MRAM stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 25.680
Low
8.00
Averages
High
8.00
Current: 25.680
Low
8.00
Averages
High
8.00
About MRAM
Everspin Technologies, Inc. is a developer and manufacturer of magnetoresistive random access memory (MRAM) solutions. Its portfolio of MRAM technologies includes Toggle MRAM, Tunnel Magneto Resistance (TMR) Sensors, and Spin-transfer Torque MRAM (STT-MRAM). Toggle MRAM products are designed to address applications in the industrial, medical, automotive/transportation, and data center markets. It offers these products with industry standard interfaces, including Parallel, Serial Peripheral Interface (SPI) and Quad SPI (QSPI) interfaces. STT-MRAM technology can be tuned to deliver products in Dynamic Random Access Memory (DRAM), Static Random Access Memory (SRAM) and NOR Flash applications. TMR sensors provide high magnetic sensitivity in a single component that performs 3D magnetic field measurements in a monolithic solution. It sells its products directly and through its distribution channels, to original equipment manufacturers (OEMs) and original design manufacturers (ODMs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Everspin Technologies Added to Russell 2000 Index
- Stock Price Increase: Everspin Technologies (MRAM) saw its stock price rise approximately 3% during pre-market trading on Tuesday, reflecting positive market sentiment regarding its inclusion in the Russell 2000 Index and investor confidence in future growth.
- Index Inclusion Effective: The company's inclusion in the Russell 2000 Index became effective at the opening of U.S. equity markets on July 1, 2024, marking a significant milestone in Everspin's efforts to advance MRAM technology adoption in markets where data persistence and reliability are critical.
- CEO Commentary: CEO Sanjeev Aggarwal noted that the inclusion reflects the company's progress in promoting MRAM technology, emphasizing its importance in key markets, which may attract more investor interest.
- Future Outlook: Everspin forecasts Q2 revenue between $15.5 million and $16.5 million and has signed a $40 million subcontract for 2.5 years, indicating a proactive approach to revenue growth and market expansion.
See More
Everspin Technologies to Join Russell 2000 Index in 2026
- Inclusion in Russell 2000: Everspin is expected to be added to the Russell 2000 Index at the close of U.S. markets on June 26, 2026, which will enhance its visibility among investors and further drive MRAM technology adoption.
- Increased Market Influence: The company's stock will automatically be included in the relevant growth and value style indexes, likely attracting more institutional investor interest, which could boost the company's stock price and market recognition.
- Significance of Asset Benchmarking: According to FTSE Russell data, approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indexes as of June 2025, indicating that Everspin's inclusion will position it prominently within a broader investment portfolio.
- Support for Strategic Execution: Everspin's CEO, Sanjeev Aggarwal, noted that the inclusion in the Russell 2000 reflects the company's progress in promoting MRAM adoption, which is expected to support its future product roadmap and market strategy.
See More
Everspin Technologies Shares Drop 11% After Short Report
- Short Report Impact: Everspin Technologies (MRAM) shares fell 11% in premarket trading following a short report from Kerrisdale Capital, indicating market concerns about the company's future performance, which could undermine investor confidence.
- Short Interest Data: With a short interest of 3.9%, Everspin faces significant bearish sentiment in the market, potentially prompting more investors to exit in the short term, further exacerbating stock price volatility.
- Financial Performance Overview: Everspin reported a non-GAAP EPS of $0.11 for Q1 2026, beating expectations by $0.02, while revenue of $14.87 million exceeded forecasts by $0.27 million, demonstrating some financial resilience amid market pressures.
- Future Revenue Forecast: Everspin forecasts Q2 revenue between $15.5 million and $16.5 million and has signed a $40 million subcontract for 2.5 years, indicating proactive efforts in business expansion and revenue generation.
See More
Everspin Technologies Executive Sells Shares
- Executive Sell-off: On May 15, 2026, Everspin Technologies' Director Glen Hawk sold 48,563 shares for $1,843, indicating a cautious outlook on the company's future, which may impact investor confidence.
- Market Reaction: Such executive sell-offs typically raise concerns about the company's stock price, prompting investors to reassess Everspin's long-term growth potential, potentially leading to short-term price volatility.
- Shareholding Structure Change: Glen Hawk's sell-off may alter the internal shareholding structure, affecting management's influence on strategic decisions, which could impact corporate governance and future development directions.
- Investor Attention: As news of the executive sell-off spreads, investors may pay closer attention to Everspin's financial health and market performance, prompting the company to enhance transparency and communication efforts.
See More
Jim Cramer Expresses Negative Views on Multiple Companies
- Purecycle Technologies Struggles: Jim Cramer highlights that Purecycle Technologies has almost no revenue and is losing a fortune, suggesting investors should avoid this stock, indicating its unfavorable market perception.
- High Risk for Energy Vault Holdings: Cramer describes Energy Vault Holdings as a pure speculative stock that is also losing a fortune, implying its investment value is extremely low and investors should exercise caution.
- Everspin Technologies Overvalued: While Everspin Technologies is profitable, Cramer warns that its price-to-earnings ratio is at 90 times, advising investors to be careful, suggesting that market expectations for its future growth may be overly optimistic.
- Challenges for Rocket Companies: Cramer expresses a negative view on Rocket Companies, stating that even if Kevin Warsh might cut rates, the rising oil prices causing inflation make such cuts unlikely, indicating significant pressure on the company's future prospects.
See More
Investor Perspectives on Silicon Motion and BillionToOne
- Silicon Motion Outlook: Investors express a positive outlook on Silicon Motion Technology (SIMO), with analysts recommending buying during pullbacks despite significant stock volatility, indicating confidence in its long-term growth potential.
- Wynn's Challenges: Wynn Resorts faces significant investment issues in the Gulf region, and while its stock performance has been strong, management indicates a need to observe developments before making decisions, reflecting a cautious approach to market uncertainties.
- Design Therapeutics Risks: Design Therapeutics is viewed as a high-risk investment, with investors needing to be aware of the potential for total loss, although the potential for doubling returns exists, highlighting the market's high uncertainty regarding its future performance.
- BillionToOne Investment Advice: BillionToOne is favored by investors, with analysts suggesting a buy, indicating optimism about its business model and growth prospects, which may attract more investor attention.
See More
Everspin Technologies Added to Russell 2000 Index
- Stock Price Increase: Everspin Technologies (MRAM) saw its stock price rise approximately 3% during pre-market trading on Tuesday, reflecting positive market sentiment regarding its inclusion in the Russell 2000 Index and investor confidence in future growth.
- Index Inclusion Effective: The company's inclusion in the Russell 2000 Index became effective at the opening of U.S. equity markets on July 1, 2024, marking a significant milestone in Everspin's efforts to advance MRAM technology adoption in markets where data persistence and reliability are critical.
- CEO Commentary: CEO Sanjeev Aggarwal noted that the inclusion reflects the company's progress in promoting MRAM technology, emphasizing its importance in key markets, which may attract more investor interest.
- Future Outlook: Everspin forecasts Q2 revenue between $15.5 million and $16.5 million and has signed a $40 million subcontract for 2.5 years, indicating a proactive approach to revenue growth and market expansion.
See More
Everspin Technologies to Join Russell 2000 Index in 2026
- Inclusion in Russell 2000: Everspin is expected to be added to the Russell 2000 Index at the close of U.S. markets on June 26, 2026, which will enhance its visibility among investors and further drive MRAM technology adoption.
- Increased Market Influence: The company's stock will automatically be included in the relevant growth and value style indexes, likely attracting more institutional investor interest, which could boost the company's stock price and market recognition.
- Significance of Asset Benchmarking: According to FTSE Russell data, approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indexes as of June 2025, indicating that Everspin's inclusion will position it prominently within a broader investment portfolio.
- Support for Strategic Execution: Everspin's CEO, Sanjeev Aggarwal, noted that the inclusion in the Russell 2000 reflects the company's progress in promoting MRAM adoption, which is expected to support its future product roadmap and market strategy.
See More
Everspin Technologies Shares Drop 11% After Short Report
- Short Report Impact: Everspin Technologies (MRAM) shares fell 11% in premarket trading following a short report from Kerrisdale Capital, indicating market concerns about the company's future performance, which could undermine investor confidence.
- Short Interest Data: With a short interest of 3.9%, Everspin faces significant bearish sentiment in the market, potentially prompting more investors to exit in the short term, further exacerbating stock price volatility.
- Financial Performance Overview: Everspin reported a non-GAAP EPS of $0.11 for Q1 2026, beating expectations by $0.02, while revenue of $14.87 million exceeded forecasts by $0.27 million, demonstrating some financial resilience amid market pressures.
- Future Revenue Forecast: Everspin forecasts Q2 revenue between $15.5 million and $16.5 million and has signed a $40 million subcontract for 2.5 years, indicating proactive efforts in business expansion and revenue generation.
See More
Everspin Technologies Executive Sells Shares
- Executive Sell-off: On May 15, 2026, Everspin Technologies' Director Glen Hawk sold 48,563 shares for $1,843, indicating a cautious outlook on the company's future, which may impact investor confidence.
- Market Reaction: Such executive sell-offs typically raise concerns about the company's stock price, prompting investors to reassess Everspin's long-term growth potential, potentially leading to short-term price volatility.
- Shareholding Structure Change: Glen Hawk's sell-off may alter the internal shareholding structure, affecting management's influence on strategic decisions, which could impact corporate governance and future development directions.
- Investor Attention: As news of the executive sell-off spreads, investors may pay closer attention to Everspin's financial health and market performance, prompting the company to enhance transparency and communication efforts.
See More
Jim Cramer Expresses Negative Views on Multiple Companies
- Purecycle Technologies Struggles: Jim Cramer highlights that Purecycle Technologies has almost no revenue and is losing a fortune, suggesting investors should avoid this stock, indicating its unfavorable market perception.
- High Risk for Energy Vault Holdings: Cramer describes Energy Vault Holdings as a pure speculative stock that is also losing a fortune, implying its investment value is extremely low and investors should exercise caution.
- Everspin Technologies Overvalued: While Everspin Technologies is profitable, Cramer warns that its price-to-earnings ratio is at 90 times, advising investors to be careful, suggesting that market expectations for its future growth may be overly optimistic.
- Challenges for Rocket Companies: Cramer expresses a negative view on Rocket Companies, stating that even if Kevin Warsh might cut rates, the rising oil prices causing inflation make such cuts unlikely, indicating significant pressure on the company's future prospects.
See More
Investor Perspectives on Silicon Motion and BillionToOne
- Silicon Motion Outlook: Investors express a positive outlook on Silicon Motion Technology (SIMO), with analysts recommending buying during pullbacks despite significant stock volatility, indicating confidence in its long-term growth potential.
- Wynn's Challenges: Wynn Resorts faces significant investment issues in the Gulf region, and while its stock performance has been strong, management indicates a need to observe developments before making decisions, reflecting a cautious approach to market uncertainties.
- Design Therapeutics Risks: Design Therapeutics is viewed as a high-risk investment, with investors needing to be aware of the potential for total loss, although the potential for doubling returns exists, highlighting the market's high uncertainty regarding its future performance.
- BillionToOne Investment Advice: BillionToOne is favored by investors, with analysts suggesting a buy, indicating optimism about its business model and growth prospects, which may attract more investor attention.
See More
