Head-To-Head Comparison: Everspin Technologies (NASDAQ:MRAM) versus Nano Labs (NASDAQ:NA)

Nano Labs (NASDAQ:NAGet Free Report) and Everspin Technologies (NASDAQ:MRAMGet Free Report) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, earnings, analyst recommendations, dividends, institutional ownership, valuation and risk.

Valuation and Earnings

This table compares Nano Labs and Everspin Technologies”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nano Labs $50.81 million 0.55 -$35.70 million N/A N/A
Everspin Technologies $58.24 million 2.22 $9.05 million $0.37 16.22

Everspin Technologies has higher revenue and earnings than Nano Labs.

Institutional & Insider Ownership

50.7% of Nano Labs shares are owned by institutional investors. Comparatively, 44.7% of Everspin Technologies shares are owned by institutional investors. 6.1% of Everspin Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Volatility and Risk

Nano Labs has a beta of 2.06, meaning that its share price is 106% more volatile than the S&P 500. Comparatively, Everspin Technologies has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500.

Profitability

This table compares Nano Labs and Everspin Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nano Labs N/A N/A N/A
Everspin Technologies 2.92% 3.16% 2.61%

Analyst Recommendations

This is a breakdown of current ratings for Nano Labs and Everspin Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nano Labs 0 0 0 0 N/A
Everspin Technologies 0 0 2 0 3.00

Everspin Technologies has a consensus target price of $9.00, indicating a potential upside of 50.00%. Given Everspin Technologies’ higher probable upside, analysts plainly believe Everspin Technologies is more favorable than Nano Labs.

Summary

Everspin Technologies beats Nano Labs on 9 of the 11 factors compared between the two stocks.

About Nano Labs

(Get Free Report)

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, it engages in the research and development of software. Its customers include enterprises and individual buyers. The company was founded in 2019 and is headquartered in Hangzhou, the People's Republic of China.

About Everspin Technologies

(Get Free Report)

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, 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. 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.

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