Added to YB: 2026-08-28
Pitch date: 2026-08-25
ALMU [neutral]
Aeluma, Inc.
-1.28%
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
$253.0M
Pitch Price
$14.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
-36.54
P/E
-38.98
EV/Sales
41.63
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Aeluma’s GaAs Surprise: Pivot, Shortcut, or Just Another Way to Keep Analysts Employed?
ALMU (hold): Aeluma’s core thesis is unchanged as management says its non-InP lasers and photodetectors have entered a production environment and are transitioning toward large-volume production with manufacturing partners. However, the first explicit mention of GaAs alongside silicon creates ambiguity over whether it is an additive commercialization route or a response to silicon delays. The FY2026 call must clarify the silicon roadmap, customer qualification and remaining production gates.
Read full article (14 min)