Short-Seller Attacks Everspin Stock — Here's What You Need To Know

Kerrisdale Capital released a short report on Everspin Technologies (MRAM), arguing that the stock's 300% surge in recent weeks is driven by AI speculation rather than business fundamentals. The short seller contends that MRAM technology serves different markets than AI infrastructure memory, has stagnant revenue around $50-65 million for five years, and trades at inflated multiples (10x 2027 sales, 38x 2027 EBITDA). Kerrisdale estimates fair value at $14 per share, implying 60% downside from current levels.

05/19/2026, 2:16 PM • Benzinga

Is Everspin Technologies the Next AI Edge Breakout?

Everspin Technologies, a producer of magneto-resistive random access memory (MRAM), is positioned as a potential AI edge computing winner with strong Q1 results showing 13.5% YoY revenue growth and expanded margins. The company secured a $40 million defense contract and raised guidance for Q2. However, analysts are split on the stock, and early May price action suggests a near-term correction to the $28 level, with key risks including dependency on government contracts and competition in the non-volatile memory market.

05/18/2026, 12:09 PM • Investing

PRISM MarketView Launches Emerging Semiconductors Index

PRISM MarketView launched the PRISM Emerging Semiconductors Index to track emerging semiconductor companies developing technologies in chip design, fabrication, materials, and equipment. The index responds to growing demand for advanced chips supporting AI, data centers, and automotive systems, with the global semiconductor market projected to surpass $1 trillion by decade's end. The index highlights four companies: Everspin Technologies (MRAM memory solutions), QuickLogic Corporation (ultra-low power FPGAs), Applied Optoelectronics (fiber-optic hardware), and inTEST Corporation (semiconductor test solutions).

05/06/2026, 3:46 PM • GlobeNewswire