Aeluma, Inc. (NASDAQ:ALMU) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Aeluma, Inc. (NASDAQ:ALMU) have earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $22.75.

ALMU has been the topic of several recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Aeluma in a research report on Thursday, October 15th. Northland Securities began coverage on Aeluma in a research report on Monday. They issued an “outperform” rating and a $16.00 price target for the company. Zacks Research started coverage on Aeluma in a research note on Tuesday. They set a “hold” rating on the stock. Finally, Freedom Broker decreased their price objective on Aeluma from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, September 17th.

Aeluma Trading Down 17.4%

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

Aeluma (NASDAQ:ALMU) last released its quarterly earnings data on Wednesday, September 16th. The company reported ($0.15) earnings per share for the quarter. Aeluma had a negative net margin of 205.31% and a negative return on equity of 18.14%. The business had revenue of $0.58 million during the quarter. Research analysts forecast that Aeluma will post -0.57 earnings per share for the current fiscal year.

Key Headlines Impacting Aeluma

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

Insider Activity

In other news, Director Steven Denbaars sold 12,500 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $13.84, for a total transaction of $173,000.00. Following the sale, the director directly owned 357,709 shares in the company, valued at $4,950,692.56. This represents a 3.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jonathan Klamkin sold 100,000 shares of the company’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $10.53, for a total value of $1,053,000.00. Following the sale, the chief executive officer owned 1,126,995 shares in the company, valued at approximately $11,867,257.35. This represents a 8.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 212,500 shares of company stock valued at $2,561,000. 12.78% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aeluma

A number of large investors have recently modified their holdings of the company. Westside Investment Management Inc. grew its stake in Aeluma by 14.9% during the third quarter. Westside Investment Management Inc. now owns 60,425 shares of the company’s stock valued at $747,000 after acquiring an additional 7,850 shares in the last quarter. Wedbush Securities Inc. lifted its stake in Aeluma by 586.0% in the 3rd quarter. Wedbush Securities Inc. now owns 352,775 shares of the company’s stock worth $4,360,000 after purchasing an additional 301,350 shares in the last quarter. Secure Asset Management LLC purchased a new stake in Aeluma in the 3rd quarter worth approximately $136,000. Squarepoint Ops LLC purchased a new stake in Aeluma in the 2nd quarter worth approximately $269,000. Finally, Fortitude Advisory Group L.L.C. boosted its holdings in Aeluma by 6.0% in the 2nd 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 period.

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.