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The latest announcement is out from Weebit Nano Ltd. ( (AU:WBT) ).
Weebit Nano has issued formal guidance for minimum revenue of $10 million in FY26, upgrading an earlier, non-forecast revenue goal referenced at its November AGM. The company said the guidance is underpinned by intellectual property licensing agreements now in place with four semiconductor fabrication plants and several product companies, signalling growing commercial traction for its ReRAM technology and providing investors with increased visibility on its transition from development to scaled licensing income.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$4.00 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 is a semiconductor technology company that develops and licenses advanced non-volatile memory, specifically Resistive RAM (ReRAM), to the global chip industry. Its ReRAM technology targets applications requiring higher performance and lower power than traditional flash memory, including IoT devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence, and is designed to be easily integrated into existing fabrication processes using standard materials and equipment.
Average Trading Volume: 992,054
Technical Sentiment Signal: Buy
Current Market Cap: A$1.03B
For an in-depth examination of WBT stock, go to TipRanks’ Overview page.