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Everspin Technologies Inc expected to post earnings of 12 cents a share - Earnings Preview
Everspin Technologies is expected to report results on October 28 for the quarter ending September 30, 2026, with revenue forecast to rise 42.8% to $20.075 million from $14.06 million a year earlier, and earnings estimated at 12 cents a share, based on four analysts.
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What happened
Everspin Technologies is expected to report results on October 28 for the quarter ending September 30, 2026, with revenue forecast to rise 42.8% to $20.075 million from $14.06 million a year earlier, and earnings estimated at 12 cents a share, based on four analysts.
Confirmed
Global impact / market context
Analysts expect much higher revenue and a profit of 12 cents per share, which means profit per sale is forecast positive. If the company meets these estimates, it would show strong growth from a year ago, supporting the stock's buy rating.
Analyst inference
The median 12-month price target is $22.50, about 78.7% above the last closing price of $12.59, suggesting analysts see upside. The average rating is buy, with four buy or strong buy calls and no hold or sell ratings.
Analyst inference
What to watch
- Watch whether reported revenue reaches the $20.075 million estimate and earnings reach 12 cents a share, compared with $14.06 million revenue and prior results. Confirmed
- Watch whether the company's revenue growth reflects demand for its memory products, which would support the analysts' buy ratings and the $22.50 median price target. Proposed
- If actual earnings beat estimates again, as in recent quarters, investor confidence could rise; a miss could pressure the shares toward the $12.59 closing price. Analyst inference
Evidence
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