Aeluma, Inc. (ALMU) AI Stock Analysis

• Market Cap: $235.55M
• Dividend Yield: N/A
• Average Volume (3M): 291.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 307.44%
• EPS Growth: 14.77%
• Country: US
• Employees: 11
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -0.03
• Shares Outstanding: 17,857,862
• 10 Day Avg. Volume: 227,940
• 30 Day Avg. Volume: 291,952
• PEG Ratio: 1.89
• Price to Book (P/B): 12.04
• Price to Sales (P/S): 46.21
• P/FCF Ratio: -164.68
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 40.02
• Enterprise Value/Gross Profit: 67.57
• Enterprise Value/Ebitda: -40.66
• 1Y Price Target: $25.50
• Price Target Upside: 93.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.12
• Revenue Forecast (FY): $5.18M

• Rating: 42 Neutral
• Price Target: $13.00 ▼(-1.44% Downside)

Aeluma, Inc. faces significant challenges with profitability and cash flow, which are reflected in its financial performance score. The technical analysis indicates bearish momentum, and the valuation metrics suggest the stock is not attractively priced. These factors contribute to a lower overall stock score.

Positive Factors

Strong Revenue Growth

Aeluma's significant revenue growth rate of 28.6% indicates strong market demand and effective sales strategies, which are crucial for long-term expansion.

Strategic Industry Partnerships

Joining the MMEC enhances Aeluma's industry presence and access to cutting-edge technology, strengthening its competitive position in key markets.

Capital Equipment Acquisition

Investing in capital equipment enhances Aeluma's manufacturing capabilities, supporting its go-to-market strategy and long-term growth in target markets.

Negative Factors

Negative Profit Margins

Persistent negative profit margins indicate operational inefficiencies, which could hinder Aeluma's ability to sustain long-term financial health.

Negative Operating Cash Flow

Negative operating cash flow suggests challenges in cash generation, potentially impacting Aeluma's capacity to fund growth and meet obligations.

Low Return on Equity

A negative return on equity reflects inefficiencies in utilizing shareholder funds, which could limit Aeluma's attractiveness to investors and growth potential.

Aeluma, Inc. Business Overview & Revenue Model

Company Description

Aeluma, Inc. (ALMU) is a technology-driven company focused on developing innovative solutions in the fields of artificial intelligence and machine learning. Operating primarily in the software and data analytics sectors, Aeluma specializes in creating advanced algorithms and platforms that enhance business decision-making processes across various industries, including finance, healthcare, and logistics. The company is committed to harnessing the power of data to deliver actionable insights and improve operational efficiencies for its clients.

How the Company Makes Money

Aeluma, Inc. generates revenue through a combination of subscription-based software services, licensing of its proprietary technology, and consulting services. The primary revenue stream comes from subscription fees charged to businesses that utilize its AI and machine learning platforms for data analytics. Additionally, Aeluma earns income through licensing agreements with other companies that wish to integrate its technology into their own products. The company also offers consulting services, helping clients implement AI solutions tailored to their specific needs, which contributes to its revenue. Strategic partnerships with technology firms and industry leaders further bolster its earnings by expanding market reach and enhancing product offerings.

Aeluma, Inc. Financial Statement Overview

Summary

Aeluma, Inc. is experiencing strong revenue growth, but profitability remains a challenge with negative margins across the board. The balance sheet is stable with low leverage, but the company struggles to generate returns on equity. Cash flow metrics highlight operational cash constraints, which could impact future growth and sustainability.

Income Statement

Aeluma, Inc. shows a significant revenue growth rate of 28.6% in the latest period, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is relatively healthy at 59.6%, but the negative EBITDA margin highlights operational inefficiencies.

Balance Sheet

The company's balance sheet reflects a low debt-to-equity ratio of 0.05, suggesting conservative leverage. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is strong, showing that a significant portion of the company's assets is financed by equity.

Cash Flow

Aeluma, Inc. has a negative operating cash flow, which raises concerns about its ability to generate cash from operations. The free cash flow to net income ratio is positive, suggesting some level of cash efficiency despite the negative free cash flow growth rate. The operating cash flow to net income ratio is negative, indicating challenges in converting income into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.57M	4.67M	918.55K	193.34K	0.00	0.00
Gross Profit	3.30M	2.78M	299.31K	83.94K	0.00	0.00
EBITDA	-5.48M	-1.89M	-4.25M	-5.30M	-3.63M	-11.67K
Net Income	-3.79M	-3.02M	-4.56M	-5.38M	-3.45M	-13.47K
Balance Sheet
Total Assets	42.65M	19.41M	3.84M	7.16M	5.93M	154.19K
Cash, Cash Equivalents and Short-Term Investments	38.15M	15.74M	1.29M	5.07M	3.74M	38.30K
Total Debt	1.18M	941.00K	1.07M	458.66K	615.69K	0.00
Total Liabilities	1.76M	1.51M	1.57M	1.05M	831.14K	147.91K
Stockholders Equity	40.89M	17.90M	2.28M	6.11M	5.10M	6.28K
Cash Flow
Free Cash Flow	-1.17M	-1.31M	-3.78M	-4.31M	-3.21M	-107.61K
Operating Cash Flow	-852.80K	-1.15M	-3.45M	-3.64M	-2.25M	-1.38K
Investing Cash Flow	-403.62K	-161.00K	-321.84K	-672.54K	-955.67K	-106.23K
Financing Cash Flow	36.05M	15.76M	-4.00K	5.64M	161.93K	145.70K

Aeluma, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALMU, the sentiment is Negative. The current price of 13.19 is below the 20-day moving average (MA) of 13.95, below the 50-day MA of 15.93, and below the 200-day MA of 14.04, indicating a bearish trend. The MACD of -0.76 indicates Negative momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 77.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALMU.

Aeluma, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NVEC	68 Neutral	$307.89M	22.28	22.20%	6.28%	-9.48%	-14.28%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AXTI	54 Neutral	$502.83M	―	-12.00%	―	-4.54%	-119.39%
MRAM	54 Neutral	$205.82M	―	-0.91%	―	-0.41%	-134.49%
VLN	51 Neutral	$163.78M	―	-23.56%	―	7.53%	-15.00%
ALMU	42 Neutral	$235.55M	―	-17.77%	―	307.44%	14.77%
ATOM	41 Neutral	$89.97M	-4.20	-116.86%	―	-94.26%	3.20%

Aeluma, Inc. Corporate Events

Aeluma, Inc. Reports Strong Q1 2026 Results

Aeluma, Inc. is a transformative semiconductor company specializing in high-performance photonic and electronic technologies, with a focus on scalable manufacturing for mass market microelectronics. The company operates in sectors such as AI, defense, aerospace, and more, with state-of-the-art R&D and manufacturing capabilities.

Aeluma, Inc. Reports FY2025 Results and Nasdaq IPO

Aeluma, Inc. announced its FY2025 results on September 9, 2025, highlighting significant financial and operational achievements, including a Nasdaq IPO and capital raises totaling $39.2 million. The company reported a revenue increase to $4.7 million from $0.9 million in FY24, secured six R&D contracts, and engaged with 20 active customers. Aeluma also unveiled a scalable manufacturing process applicable to quantum computing and communication systems, positioning itself for growth in multiple high-growth markets.

The most recent analyst rating on (ALMU) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Aeluma, Inc. stock, see the ALMU Stock Forecast page.

Aeluma, Inc. Director Terminates Stock Trading Plan

On June 23, 2025, Aeluma, Inc. director Mr. Steven DenBaars adopted a Rule 10b5-1 trading plan to sell up to 130,000 shares of the company’s common stock. However, on September 16, 2025, Mr. DenBaars terminated the plan, resulting in no sales being made under this arrangement.

The most recent analyst rating on (ALMU) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Aeluma, Inc. stock, see the ALMU Stock Forecast page.

Aeluma, Inc. Completes Successful Public Stock Offering

On September 17, 2025, Aeluma, Inc. entered into an underwriting agreement with Craig-Hallum Capital Group LLC for a public offering of 1,700,000 shares of its common stock at $13.00 per share, which closed on September 19, 2025. The company raised approximately $23.4 million from the offering, which will be used to expand business development efforts, advance manufacturing processes, and for general business purposes, thereby potentially strengthening its market position and operational capabilities.

The most recent analyst rating on (ALMU) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Aeluma, Inc. stock, see the ALMU Stock Forecast page.

Aeluma Reports Record Revenue and Strategic Growth

Aeluma, Inc. is a transformative semiconductor company that specializes in high-performance photonic and electronic technologies, focusing on scalable manufacturing for mass market microelectronics. The company operates in sectors such as AI, defense, aerospace, and quantum computing, with a strong emphasis on innovation and strategic partnerships.