Aeluma, Inc. (NASDAQ:ALMU) Stock Has Average Price Target of $22.75 According to Analysts

Key Points

• Analysts are moderately bullish: Seven firms give Aeluma a consensus “Moderate Buy” rating, with an average 12-month price target of $22.75. Ratings are mixed, ranging from sell and hold to strong buy.
• The stock has fallen sharply: Shares opened at $6, down 17.4%, near their 12-month low of $5.87 and well below the 200-day moving average of $16.34.
• Financial results and insider activity remain concerns: Aeluma reported a quarterly loss of $0.15 per share on $0.58 million in revenue, while insiders sold 212,500 shares worth about $2.56 million over the past 90 days.

Shares of Aeluma, Inc. (NASDAQ:ALMU - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seven research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $22.75.

ALMU has been the subject of several research analyst reports. Zacks Research assumed coverage on Aeluma in a research report on Tuesday. They set a "hold" rating for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Aeluma in a report on Thursday, October 15th. Freedom Broker cut their price target on shares of Aeluma from $30.00 to $25.00 and set a "buy" rating on the stock in a report on Thursday, September 17th. Finally, Northland Securities started coverage on shares of Aeluma in a research report on Monday. They set an "outperform" rating and a $16.00 price target for the company.

Key Aeluma News

Here are the key news stories impacting Aeluma this week:

• Positive Sentiment: Northland Securities reiterated an Outperform rating and a $16 price target, offering a more optimistic view of the stock’s potential. Northland Securities analyst coverage
• Neutral Sentiment: Aeluma plans to participate in the Stifel Deep Tech Summit on December 7. The announcement may raise company visibility, but it did not include new business or financial details. Aeluma to Participate in 2026 Stifel Deep Tech Summit
• Negative Sentiment: Zacks Research initiated coverage with a Hold rating, a cautious counterpoint to Northland’s Outperform stance. Aeluma coverage from Zacks Research
• Negative Sentiment: Northland’s estimates anticipate losses of $0.57 per share in FY2027 and $0.43 per share in FY2028. Continued expected losses may limit confidence in near-term fundamentals despite its bullish rating. Northland Securities earnings estimates

Aeluma Stock Down 17.4%

ALMU stock opened at $6.00 on Friday. The firm has a market cap of $115.89 million, a PE ratio of -11.54 and a beta of 4.52. The business has a 50 day moving average of $11.01 and a 200-day moving average of $16.34. Aeluma has a 12-month low of $5.87 and a 12-month high of $31.79.

Aeluma (NASDAQ:ALMU - Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The company reported ($0.15) EPS for the quarter. The business had revenue of $0.58 million for the quarter. Aeluma had a negative return on equity of 18.14% and a negative net margin of 205.31%. On average, research analysts expect that Aeluma will post -0.57 earnings per share for the current year.

Insider Activity

In other Aeluma news, Director Steven Denbaars sold 12,500 shares of the business's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $13.84, for a total value of $173,000.00. Following the transaction, the director directly owned 357,709 shares in the company, valued at $4,950,692.56. The trade was a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jonathan Klamkin sold 100,000 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $10.53, for a total transaction of $1,053,000.00. Following the transaction, the chief executive officer directly owned 1,126,995 shares of the company's stock, valued at $11,867,257.35. This represents a 8.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 212,500 shares of company stock worth $2,561,000. Insiders own 12.78% of the company's stock.

Hedge Funds Weigh In On Aeluma

Institutional investors and hedge funds have recently bought and sold shares of the company. Westside Investment Management Inc. increased its holdings in Aeluma by 14.9% in the 3rd quarter. Westside Investment Management Inc. now owns 60,425 shares of the company's stock worth $747,000 after acquiring an additional 7,850 shares during the last quarter. Wedbush Securities Inc. raised its stake in Aeluma by 586.0% in the 3rd quarter. Wedbush Securities Inc. now owns 352,775 shares of the company's stock valued at $4,360,000 after acquiring an additional 301,350 shares during the period. Secure Asset Management LLC bought a new stake in Aeluma in the 3rd quarter valued at about $136,000. Squarepoint Ops LLC bought a new stake in Aeluma in the 2nd quarter valued at about $269,000. Finally, Fortitude Advisory Group L.L.C. lifted its holdings in Aeluma by 6.0% during the second quarter. Fortitude Advisory Group L.L.C. now owns 37,567 shares of the company's stock valued at $829,000 after purchasing an additional 2,132 shares during the last quarter.

About Aeluma

Aeluma, Inc is a semiconductor company developing technologies designed to manufacture high-performance compound semiconductor devices on large-diameter silicon substrates. Its approach is intended to combine the performance characteristics of compound semiconductors with the scalability and manufacturing infrastructure associated with silicon wafers.

The company's technology is applicable to products such as photodetectors, light-emitting devices, laser components and other optoelectronic devices.

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