Aeluma, Inc. (ALMU)
NASDAQ:ALMU
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Aeluma, Inc.
(NASDAQ:ALMU)
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Rating:49Neutral
Price Target:
$11.50
▼(-1.71% Downside)
Action:ReiteratedDate:03/06/26
The score is held back primarily by heavy ongoing losses and persistent negative cash flow despite strong gross margins and a low-debt balance sheet. Technically, the stock is trading below major moving averages, while valuation is not supportive given the negative P/E tied to unprofitable earnings.
Positive Factors
High gross margin
Sustained ~59% gross margins point to strong unit economics for Aeluma's compound‑semiconductor‑on‑silicon devices. High product margins provide durable headroom to fund R&D and absorb SG&A as volumes scale, improving the pathway to sustained operating leverage and eventual profitability.
Negative Factors
Deep operating losses
Very large negative operating and net margins show the cost base far exceeds current revenue. Persistent deep losses erode equity and make organic self‑funding unlikely in the near term, forcing reliance on external capital until revenues and operating efficiency improve materially.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
Sustained ~59% gross margins point to strong unit economics for Aeluma's compound‑semiconductor‑on‑silicon devices. High product margins provide durable headroom to fund R&D and absorb SG&A as volumes scale, improving the pathway to sustained operating leverage and eventual profitability.
Read all positive factors
Aeluma, Inc. (ALMU) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$206.85M
Dividend YieldN/A
Average Volume (3M)638.22K
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue Growth307.44%
EPS Growth14.77%
CountryUS
Employees11
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-0.04
Shares Outstanding18,002,949
10 Day Avg. Volume451,932
30 Day Avg. Volume638,221
Financial Highlights & Ratios
PEG Ratio1.89
Price to Book (P/B)12.04
Price to Sales (P/S)46.21
P/FCF Ratio-164.68
Enterprise Value/Market Cap0.61
Enterprise Value/Revenue23.98
Enterprise Value/Gross Profit47.78
Enterprise Value/Ebitda-61.66
Forecast
1Y Price Target
$24.67Price Target Upside110.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.17
Revenue Forecast (FY)$5.39M
Aeluma, Inc. Business Overview & Revenue Model
Company Description
Aeluma, Inc. develops optoelectronic devices for sensing and communications applications. It manufactures devices using compound semiconductor materials on diameter silicon wafers that are used to manufacture mass market microelectronics. The comp...
How the Company Makes Money
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Aeluma, Inc. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.23M | 4.67M | 919.00K | 193.34K | 0.00 | 0.00 |
| Gross Profit | 2.62M | 2.78M | 300.00K | 83.94K | 0.00 | 0.00 |
| EBITDA | -2.03M | -1.89M | -4.25M | -5.30M | -3.63M | -11.67K |
| Net Income | -2.74M | -3.02M | -4.56M | -5.38M | -3.45M | -13.47K |
Balance Sheet | ||||||
| Total Assets | 42.57M | 19.41M | 3.84M | 7.16M | 5.93M | 9.08M |
| Cash, Cash Equivalents and Short-Term Investments | 38.57M | 15.74M | 1.29M | 5.07M | 3.74M | 6.79M |
| Total Debt | 1.13M | 941.00K | 1.07M | 458.66K | 615.69K | 767.60K |
| Total Liabilities | 1.77M | 1.51M | 1.57M | 1.05M | 831.14K | 897.56K |
| Stockholders Equity | 40.80M | 17.90M | 2.28M | 6.11M | 5.10M | 8.19M |
Cash Flow | ||||||
| Free Cash Flow | -1.24M | -1.31M | -3.78M | -4.31M | -3.21M | -107.61K |
| Operating Cash Flow | -882.00K | -1.15M | -3.46M | -3.64M | -2.25M | -1.38K |
| Investing Cash Flow | -361.00K | -161.00K | -322.00K | -672.54K | -955.67K | -106.23K |
| Financing Cash Flow | 36.75M | 15.76M | -4.00K | 5.64M | 161.93K | 145.70K |
Aeluma, Inc. Technical Analysis
Negative
11.70
Price Trends
15.02
Negative
15.84
Negative
16.85
Negative
Market Momentum
-1.02
Positive
33.98
Neutral
10.55
Positive
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 11.7 is below the 20-day moving average (MA) of 13.37, below the 50-day MA of 15.02, and below the 200-day MA of 16.85, indicating a bearish trend. The MACD of -1.02 indicates Positive momentum. The RSI at 33.98 is Neutral, neither overbought nor oversold. The STOCH value of 10.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALMU.
Aeluma, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $345.81M | 21.20 | 23.47% | 6.28% | -9.48% | -14.28% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $215.25M | ― | -0.80% | ― | -0.41% | -134.49% | |
50 Neutral | $2.96B | -33.79 | -10.41% | ― | -4.54% | -119.39% | |
49 Neutral | $206.85M | -41.41 | -9.33% | ― | 307.44% | 14.77% | |
48 Neutral | $171.16M | -3.38 | -116.86% | ― | -94.26% | 3.20% | |
45 Neutral | $137.93M | -4.64 | -27.53% | ― | 7.53% | -15.00% |
* Technology Sector Average
ALMU
Aeluma, Inc.
11.49
4.50
64.38%
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Aeluma, Inc. Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
Aeluma Establishes $50 Million At-The-Market Offering
Neutral
Mar 20, 2026
On March 20, 2026, Aeluma, Inc. entered into a sales agreement with Roth Capital Partners, LLC as representative of several agents to offer and sell, from time to time, up to $50 million of its common stock through at-the-market transactions on th...
Executive/Board ChangesShareholder Meetings
Aeluma Shareholders Reelect Directors and Confirm Auditors
Positive
Jan 20, 2026
On January 15, 2026, Aeluma, Inc. held its 2025 Annual General Meeting of shareholders, where 9,892,101 shares of common stock, representing 55.4% of the voting power eligible to vote, were present in person or by proxy, establishing a quorum. At ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.