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Added to YB: 2026-02-19

Pitch date: 2026-02-18

ALMU [bullish]

Aeluma, Inc.

Author Info

RICHARD PRATI has 40 years of experience in equity analysis & investment, 20 years on Wall Street, CEO & Co-founder, American Technology Research, Inc., Public & Private Equity. Vanderbilt, BS Economics. MBA - U Rochester. Sign up for the newsletter.

Company Info

Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States.

Market Cap

$260.5M

Pitch Price

N/A

Price Target

25.50 (+60%)

Dividend

N/A

EV/EBITDA

-48.21

P/E

-81.93

EV/Sales

42.65

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Aeluma (ALMU): Commercialization Inflection Amid Structural Photonics Constraints

ALMU: III-V-on-silicon photonics bypassing InP shortages (70% supply gap thru 2026). Q2: $1.3M rev, $38.6M cash, reaffirmed $4-6M FY26 guidance. Mobile SWIR ($2B+ mkt) customers 'convinced'; data center detector demand exceeding supply. Partial GR-468 qual met. Analyst PT $25.50 (~75% upside from $14.43). U.S.-based, aligns w/CHIPS Act. Risk: execution, competition. BUY for photonics commercialization inflection.

Read full article (6 min)