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Weebit Nano Ltd. (AU:WBT)
ASX:WBT

Weebit Nano Ltd. (WBT) AI Stock Analysis

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AU:WBT

Weebit Nano Ltd.

(Sydney:WBT)

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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
AU$5.50
▲(4.56% Upside)
The score is driven primarily by mixed fundamentals: rapid revenue growth and a solid, low-leverage balance sheet are offset by ongoing losses and negative operating cash flow. Technicals are a clear positive with a strong uptrend and positive momentum, while valuation is constrained by unprofitable earnings and the absence of dividend yield data.
Positive Factors
Robust revenue growth
Sustained high topline growth demonstrates successful adoption or commercialization of ReRAM tech, expanding addressable market and validating product-market fit. This revenue momentum supports scaling R&D and partnerships, strengthening long-term licensing and royalty prospects.
Conservative balance sheet / low leverage
A low-leverage capital structure gives the company financial flexibility to fund development, endure cyclical semiconductor downturns, and negotiate strategic manufacturing partnerships without immediate refinancing risk, preserving optionality over the medium term.
Scalable licensing business model and partnerships
A licensing-and-royalty model leverages partner manufacturing capacity, reduces company capital intensity, and enables scalable revenue as partners commercialize products. Long-term partnerships with established semiconductor players improve market access and distribution durability.
Negative Factors
Persistent unprofitability
Ongoing operating losses erode retained earnings and limit reinvestment without external funding. Unless margins improve through scale or pricing power, continued unprofitability undermines return metrics and forces reliance on financing, affecting long-term capital allocation.
Negative operating cash flow
Sustained negative operating cash flow constrains self-funded growth and increases dependence on equity or debt issuance. This weak cash generation can dilute existing shareholders or raise financing costs, limiting the firm's ability to execute multi-quarter commercialization plans.
Negative return on equity and inefficient capital use
A negative ROE signals capital is not generating acceptable returns, which can deter long-term investors and raise scrutiny on strategy execution. Persistent negative ROE reflects margin and operational inefficiencies that must be resolved to sustain long-term value creation.

Weebit Nano Ltd. (WBT) vs. iShares MSCI Australia ETF (EWA)

Weebit Nano Ltd. Business Overview & Revenue Model

Company DescriptionWeebit Nano Limited develops a non-volatile memory using a Resistive RAM (ReRAM) technology based on fabrication factory materials. The company was incorporated in 2015 and is based in Melbourne, Australia.
How the Company Makes MoneyWeebit Nano generates revenue primarily through the licensing of its ReRAM technology to semiconductor manufacturers and partners. The company enters into strategic partnerships with established players in the industry, leveraging their manufacturing capabilities to produce and sell products that incorporate Weebit's technology. Additionally, Weebit may earn revenue through royalties from sales of memory products that utilize its proprietary technology. The company aims to expand its market presence by collaborating with various industry stakeholders, which enhances its revenue potential.

Weebit Nano Ltd. Financial Statement Overview

Summary
Strong reported revenue growth, but profitability remains a major weakness with negative EBIT and net margins. The balance sheet is supportive (low leverage and healthy equity base), yet negative ROE and ongoing negative operating cash flow keep overall financial quality only moderate.
Income Statement
45
Neutral
Weebit Nano Ltd. has shown significant revenue growth of 186.14% in the latest year, indicating strong top-line expansion. However, the company continues to face challenges with profitability, as evidenced by negative EBIT and net income margins. The net profit margin remains deeply negative, reflecting ongoing operational losses.
Balance Sheet
60
Neutral
The balance sheet is relatively stable with a low debt-to-equity ratio, suggesting conservative leverage. The equity ratio is healthy, indicating a strong equity base. However, the return on equity is negative, highlighting profitability challenges and inefficient use of equity.
Cash Flow
50
Neutral
Cash flow analysis reveals a slight improvement in free cash flow growth, but the company still experiences negative operating cash flow. The free cash flow to net income ratio is positive, suggesting that cash flow is somewhat aligned with reported losses, but overall cash generation remains a concern.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.41M4.41M1.02M0.000.000.00
Gross Profit4.41M4.41M1.02M-308.59K-172.56K-105.98K
EBITDA-39.55M-40.18M-44.97M-44.43M-33.03M-13.13M
Net Income-38.38M-38.38M-41.25M-39.04M-27.70M-11.26M
Balance Sheet
Total Assets96.95M96.95M66.03M89.51M57.01M22.21M
Cash, Cash Equivalents and Short-Term Investments88.31M88.31M62.83M87.96M50.25M21.73M
Total Debt516.16K516.16K434.77K284.74K414.82K49.15K
Total Liabilities6.77M6.77M4.14M4.71M2.01M1.04M
Stockholders Equity90.18M90.18M61.89M84.80M55.00M21.17M
Cash Flow
Free Cash Flow-23.37M-23.37M-25.42M-20.31M-22.05M-7.07M
Operating Cash Flow-23.12M-23.12M-24.40M-20.27M-21.82M-7.05M
Investing Cash Flow-238.97K-238.97K-1.03M-50.80K-206.52K-59.04K
Financing Cash Flow47.30M47.30M164.21K57.45M50.54M24.72M

Weebit Nano Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price5.26
Price Trends
50DMA
4.58
Positive
100DMA
4.24
Positive
200DMA
3.13
Positive
Market Momentum
MACD
0.26
Positive
RSI
49.12
Neutral
STOCH
32.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WBT, the sentiment is Neutral. The current price of 5.26 is above the 20-day moving average (MA) of 5.23, above the 50-day MA of 4.58, and above the 200-day MA of 3.13, indicating a neutral trend. The MACD of 0.26 indicates Positive momentum. The RSI at 49.12 is Neutral, neither overbought nor oversold. The STOCH value of 32.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:WBT.

Weebit Nano Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
AU$1.12B-26.08-50.48%333.23%10.83%
50
Neutral
AU$934.04M-150.71191.25%19.43%
49
Neutral
AU$98.12M-13.50-35.59%-45.74%
43
Neutral
AU$18.55M-1.92-112.59%-67.74%
38
Underperform
AU$323.50M-9.12-149.70%503.29%11.46%
37
Underperform
AU$181.10M-14.84-100.00%44.26%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WBT
Weebit Nano Ltd.
5.09
2.89
131.36%
AU:AXE
Archer Materials
0.37
>-0.01
-1.33%
AU:BRN
BrainChip Holdings
0.16
-0.14
-47.46%
AU:4DS
4DS Memory
0.01
-0.02
-70.59%
AU:ELS
Elsight Ltd.
4.25
3.93
1228.13%
AU:AKP
Audio Pixels Holdings Limited
6.20
0.00
0.00%

Weebit Nano Ltd. Corporate Events

Weebit Nano Secures Texas Instruments Deal as ReRAM Commercial Momentum Builds
Jan 30, 2026

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.

Weebit Nano Issues 500,000 Unquoted Performance Rights Under Incentive Scheme
Jan 23, 2026

Weebit Nano Ltd has issued 500,000 unquoted performance rights under its employee incentive scheme, effective 22 January 2026, as disclosed in an Appendix 3G filing with the ASX. The new performance rights, which are not intended to be quoted on the exchange, underline the company’s continued use of equity-based compensation to incentivise staff, potentially leading to future dilution for shareholders but aiming to strengthen management alignment and support execution of its strategic growth plans.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Corrects Director Shareholding Disclosure in Appendix 3Y
Jan 6, 2026

Weebit Nano Ltd has issued a correction to a previously lodged Appendix 3Y relating to director David Perlmutter’s holdings, clarifying that an earlier disclosure understated the number of ordinary shares held by IBI Trust Management as trustee for Perlmutter. The revised notice increases both the pre- and post-change share figures attributed to the trust, ensuring the company’s director interest reporting aligns accurately with Perlmutter’s actual equity position and reinforces compliance with ASX disclosure requirements.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Issues Employee Incentive Shares and Confirms Regulatory Compliance
Jan 5, 2026

Weebit Nano has issued fully paid ordinary shares to a number of directors and employees following the vesting and exercise of restricted share rights under its Employee Incentive Option Plan, and has lodged the relevant Appendix 2A with the ASX. The company has notified the market that these shares were issued without a disclosure document under the Corporations Act, confirmed its ongoing compliance with financial reporting and continuous disclosure obligations, and stated there is no undisclosed price-sensitive information, thereby supporting transparency and regulatory confidence for shareholders.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Updates Director Equity Holdings After RSU Vesting and Modest Share Sale
Jan 5, 2026

Weebit Nano Ltd has filed Change of Director’s Interest notices reflecting the issue of Restricted Share Rights (RSUs) to its directors, the subsequent vesting and conversion of those RSUs into ordinary shares under the company’s Employee Incentive Option Plan, and a partial share sale by director Coby Hanoch. The company said Hanoch sold approximately 2.5% of his holdings to meet personal financial obligations, signalling only a modest reduction in his stake while maintaining substantial alignment with shareholders, and underscoring the ongoing use of equity-based incentives to retain and reward its board.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Applies for Quotation of 716,202 New Shares on ASX
Jan 4, 2026

Weebit Nano Ltd, listed on the ASX under code WBT, has applied for quotation of 716,202 new fully paid ordinary shares following the exercise or conversion of existing options or other convertible securities. The new shares, issued in two tranches on 31 December 2025 and 2 January 2026, will increase the company’s quoted capital base, modestly expanding its free float and potentially enhancing liquidity for shareholders once admitted to trading.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Issues 861,168 Unquoted Performance Rights Under Employee Incentive Plan
Jan 4, 2026

Weebit Nano Ltd has notified the market of the issue of 861,168 unquoted performance rights under its employee incentive scheme, with an issue date of 24 December 2025. The new performance rights, which will not be quoted on the ASX, form part of the company’s ongoing equity-based remuneration strategy aimed at aligning staff incentives with long-term shareholder value and supporting talent retention in a competitive semiconductor technology sector.

The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.

Weebit Nano Seeks ASX Quotation for Additional 87,284 Shares
Dec 30, 2025

Weebit Nano Ltd has applied to the ASX for quotation of an additional 87,284 fully paid ordinary shares in the company, issued on 22 December 2025. The new shares arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and reflecting ongoing uptake of equity-linked instruments by investors.

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.

Weebit Nano Sets Minimum FY26 Revenue Guidance at $10m on New Licensing Deals
Dec 28, 2025

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.

Weebit Nano Licenses ReRAM Memory Technology to Texas Instruments
Dec 28, 2025

Weebit Nano has signed a licensing agreement with Texas Instruments under which TI will integrate Weebit’s ReRAM non-volatile memory IP into its advanced embedded processing chips. The long-term deal, which covers IP licensing, technology transfer, and the design and qualification of ReRAM in TI’s process nodes, is strategically significant for Weebit as it aligns with the industry’s shift away from flash toward ReRAM and bolsters the company’s position as a leading independent provider of this technology, although the financial impact remains uncertain and royalty flows are only expected to begin in the medium term.

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.

Weebit Nano Ltd Announces Quotation of New Securities on ASX
Dec 1, 2025

Weebit Nano Ltd has announced the quotation of 117,811 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code WBT. This move follows the exercise of options or conversion of other convertible securities, indicating a strategic step to enhance the company’s financial flexibility and market presence.

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.

Weebit Nano Issues New Performance Rights to Employees
Nov 25, 2025

Weebit Nano Ltd announced the issuance of 6,139,584 performance rights under an employee incentive scheme. These securities are unquoted and are not intended to be listed on the ASX, reflecting the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market competitiveness.

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.

Weebit Nano Faces First Strike at 2025 AGM
Nov 24, 2025

Weebit Nano Ltd. announced the results of its 2025 Annual General Meeting, where all resolutions were passed by poll. However, the company received a ‘first strike’ under the Corporations Act 2001 as more than 25% of votes were against the adoption of the 2025 Remuneration Report. This outcome could potentially impact the company’s governance and stakeholder relations, highlighting a need for addressing shareholder concerns.

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.

Weebit Nano’s 2025 AGM Highlights ReRAM Market Leadership and Growth
Nov 24, 2025

At its 2025 Annual General Meeting, Weebit Nano highlighted significant achievements, including a four-fold revenue increase in FY25, licensing and integrating its ReRAM technology with major clients, and qualifying its technology to automotive standards. The company is on track to complete further qualifications and is in discussions with over 20 potential partners. Weebit is positioning itself as a leader in the ReRAM market, supported by its partnership with CEA-Leti and collaborations with companies like DB HiTek and onsemi. The appointment of Anne Templeman-Jones as Deputy Chair has strengthened governance, and the release of an ESG report underscores the environmental benefits of ReRAM.

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.

Weebit Nano to Host Investor Briefing in Perth
Nov 20, 2025

Weebit Nano Ltd. announced it will host an investor briefing in Perth as part of its post-AGM investor roadshow. The event, featuring updates from the Chair, CEO, and CFO, will provide attendees the opportunity to engage and ask questions about the company’s business and outlook. This briefing is part of Weebit’s efforts to strengthen investor relations and provide insights into its strategic direction, potentially impacting its market positioning and stakeholder engagement.

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.

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.Date of analysis: Jan 23, 2026