Aeluma (NASDAQ:ALMU) Issues Quarterly Earnings Results

Aeluma (NASDAQ:ALMU) announced its earnings results on Wednesday. The company reported ($0.15) earnings per share for the quarter, FiscalAI reports. Aeluma had a negative net margin of 115.57% and a negative return on equity of 12.03%. The business had revenue of $0.58 million for the quarter.

Here are the key takeaways from Aeluma’s conference call:

• Aeluma is prioritizing commercialization in AI datacom, focusing on its Lynx high-speed photodetectors and Quasar quantum-dot lasers for scale-up and scale-out data-center interconnects. Management cited strong anticipated industry demand and customer interest driven by photonics supply constraints.
• The company signed an agreement with Sumitomo Chemical Advanced Technologies to expand wafer-production capacity and plans to install multiple AIXTRON MOCVD systems, supporting higher-volume manufacturing of its non-indium-phosphide technologies.
• Aeluma is negotiating several multimillion-dollar commercial NRE programs, primarily with top-tier AI-datacom customers. It also has a letter of intent for up to $30 million in CHIPS R&D funding, which management expects would accelerate commercialization, although the funding would likely be recorded as a government equity investment rather than revenue.
• Fiscal 2026 revenue was $4.5 million, roughly flat year over year, while the GAAP net loss widened to $9.2 million from $3.0 million as headcount and operating expenses increased. Fiscal 2027 booked government-contract revenue is expected to be approximately $2.3 million, with additional revenue uncertain.
• Aeluma ended the year with $56 million in cash and no debt after raising $20.1 million through its ATM facility, but expects to spend approximately $10 million–$12 million in fiscal 2027 capital expenditures on MOCVD equipment and manufacturing scale-up.

Aeluma Trading Up 2.3%

Shares of ALMU traded up $0.30 during trading hours on Wednesday, reaching $13.43. 1,440,637 shares of the stock traded hands, compared to its average volume of 928,691. Aeluma has a 52 week low of $10.24 and a 52 week high of $31.79. The company has a market cap of $245.90 million, a price-to-earnings ratio of -38.37 and a beta of 4.07. The stock has a fifty day simple moving average of $15.32 and a 200 day simple moving average of $18.00.

Insider Transactions at Aeluma

In other Aeluma news, Director Steven Denbaars sold 12,500 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $13.84, for a total value of $173,000.00. Following the completion of the sale, the director owned 357,709 shares in the company, valued at approximately $4,950,692.56. This trade represents a 3.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 14.70% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aeluma in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $25.00.

Aeluma Company Profile

Aeluma, Inc is a semiconductor company that develops and manufactures high-performance components for communications, sensing, computing and other advanced technology applications. The company’s technology is designed to support the production of semiconductor devices on large-area and nontraditional substrates, with the goal of improving performance, scalability and integration.

Aeluma’s products and development efforts include photonic and optoelectronic components such as photodetectors and related devices used in optical communications, data centers, 3D sensing, artificial intelligence, aerospace and defense, automotive systems, and consumer electronics.