Aeluma: Benchmark initiates at 'Buy' Rating, The Target Price is $25

Wednesday, Jul 23, 2025 8:00 am ET1min read

Benchmark initiates coverage on 'Buy' rating on Aeluma(ALMU).

The target price is $25.

[Recent Rating]

DateAgencyChangeRatingRating (previously)Target PriceTarget Price(previously)
2025-07-23BenchmarkInitiates Coverage OnBuy--$25$--
2025-07-14Craig-HallumInitiates Coverage OnBuy--$26$--

[Recent Earning Results] Aeluma posted the Q3 of its 2025 financial results on 5/9/2025, reporting total revenue of USD 3.35 million in the first three quarters, up 423.74% from USD 0.64 million year over year, reporting net income of USD -2.16 million in the first three quarters, narrowing 39.46% from USD -3.57 million year over year.

[Company Profile] Aeluma, Inc. was incorporated in the State of Delaware on August 21, 2020. The Company was formed as a vehicle to seek the acquisition of, or merger with, an existing operating company. Aeluma develops novel optoelectronic and electronic devices for sensing, communication, and computing applications. Aeluma has pioneered a technique to produce semiconductor materials and chips using high-performance compound semiconductors on large diameter substrates that are commonly used to manufacture mass market microelectronics. This enables cost effective manufacturing of high-performance photodetectors and photodetector arrays for imaging applications in mobile devices, as well as other applications. Aeluma’s technology has the potential to impact a broad range of market verticals.

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