Added to YB: 2026-03-10
Pitch date: 2026-03-06
ALMU [neutral]
Aeluma, Inc.
-0.4%
current return
Author Info
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Company Info
Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States.
Market Cap
$271.1M
Pitch Price
$14.85
Price Target
26.00 (+62%)
Dividend
N/A
EV/EBITDA
-50.51
P/E
-85.28
EV/Sales
44.69
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Aeluma (ALMU): Show Me the Wafer
ALMU (update - short): InGaAs-on-Si detectors can't meet Nvidia CPO <100kHz linewidth spec (hero device=243kHz); threatened by CMOS-native CQD/Ge-on-Si at TSMC/IMEC/onsemi. Q2 rev -19% YoY to $1.3M, commercial rev undisclosed. Insiders extracted $15-18M vs <$15M total R&D spend. Craig-Hallum+Benchmark (only 2 analysts) earned $8.2M underwriting=$175% of ALMU's $4.7M annual rev. No foundry named, no wafer photos, ~13 local employees, 3000sqft lab. CEO sold $2.8M Aug'25, Tompkins dumped $12-15M 12 days into lockup. Zero insider buys ever. $300M mkt cap on undisclosed commercial traction & conflicted coverage.
Read full article (24 min)