<- Go home

Added to YB: 2026-05-18

Pitch date: 2026-05-14

ALMU [neutral]

Aeluma, Inc.

-10.1%

current return

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

$455.1M

Pitch Price

$24.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

-70.67

P/E

-70.11

EV/Sales

80.52

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Aeluma: The Market Still Thinks This Is a Tiny Photonics Company

ALMU (update): Q3 rev $1.2M, FY guide $4.2-4.6M disappointed momentum traders seeking immediate commercialization, but call revealed shift from proving tech to industrializing it. 30 active engagements, focus on manufacturing transfer, foundry integration, photodiode scaling for AI optical infrastructure bottlenecks. Market still values as speculative photonics co, but mgmt positioning as scalable platform for optical networking/AI interconnects. $37.8M cash, only 18M shares outstanding, disciplined capital mgmt. Execution risk remains, but opportunity may be infrastructure enabler vs niche component supplier.

Read full article (6 min)