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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

  1. 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
  2. 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
  3. 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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