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The latest announcement is out from Weebit Nano Ltd. ( (AU:WBT) ).
Weebit Nano reported a pivotal quarter marked by its largest customer win to date, licensing its ReRAM technology to Texas Instruments for use in advanced embedded processing chips, a deal that significantly enhances the company’s commercial credibility and accelerates discussions with other foundries, IDMs and product makers. The company also achieved JEDEC-based technology qualification of its ReRAM on DB HiTek’s 130nm BCD process, confirmed successful testing of demo chips on onsemi’s 65nm BCD Treo platform, secured a new US product customer, and established a US subsidiary to support growing North American demand. Together with the appointment of a VP of Systems and AI, strong quarterly customer receipts of A$8.5 million, cash reserves of A$82.7 million, and inaugural FY26 revenue guidance of at least A$10 million versus A$4.4 million in FY25, these developments underline rising commercial momentum and a strengthening competitive position as ReRAM adoption accelerates globally.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.
More about Weebit Nano Ltd.
Weebit Nano Ltd, listed on the ASX, operates in the semiconductor industry as an independent provider of embedded non-volatile memory technology, specialising in Resistive RAM (ReRAM) intellectual property for integration into advanced process nodes. Its ReRAM solutions target next-generation applications in automotive, industrial, data-centre and other markets where ReRAM is increasingly seen as a successor to embedded flash, positioning the company within the fast-growing emerging NVM segment.
Average Trading Volume: 975,398
Technical Sentiment Signal: Buy
Current Market Cap: A$1.29B
See more data about WBT stock on TipRanks’ Stock Analysis page.