Northland Securities Predicts Aeluma Q1 Earnings

Aeluma, Inc. (NASDAQ:ALMU) – Equities researchers at Northland Securities issued their Q1 2027 earnings estimates for Aeluma in a research note issued on Monday, November 2nd. Northland Securities analyst T. Savageaux expects that the company will post earnings per share of ($0.13) for the quarter. Northland Securities currently has an “Outperform” rating and a $16.00 price target on the stock. Northland Securities also issued estimates for Aeluma’s Q2 2027 earnings at ($0.15) EPS, Q3 2027 earnings at ($0.14) EPS, Q4 2027 earnings at ($0.14) EPS, FY2027 earnings at ($0.57) EPS and FY2028 earnings at ($0.43) EPS.

Other analysts have also issued reports about the company. Freedom Broker cut their price target on Aeluma from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, September 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aeluma in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $22.75.

Aeluma Trading Down 0.3%

ALMU stock opened at $7.50 on Wednesday. The stock has a 50-day moving average price of $11.31 and a two-hundred day moving average price of $16.49. Aeluma has a 1 year low of $6.59 and a 1 year high of $31.79.

Aeluma (NASDAQ:ALMU) last posted its quarterly earnings data on Wednesday, September 16th. The company reported ($0.15) EPS for the quarter. The company had revenue of $0.58 million during the quarter. Aeluma had a negative net margin of 205.31% and a negative return on equity of 18.14%.

Insider Buying and Selling at Aeluma

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

Institutional Trading of Aeluma

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Aeluma during the second quarter valued at approximately $21,489,000. Wedbush Securities Inc. grew its stake in Aeluma by 586.0% in the third quarter. Wedbush Securities Inc. now owns 352,775 shares of the company’s stock valued at $4,360,000 after purchasing an additional 301,350 shares in the last quarter. AWM Investment Company Inc. acquired a new position in shares of Aeluma during the 2nd quarter worth approximately $2,901,000. Bank of New York Mellon Corp acquired a new position in shares of Aeluma during the 2nd quarter worth approximately $2,047,000. Finally, Bank of America Corp DE bought a new stake in shares of Aeluma during the 2nd quarter worth approximately $509,000.

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.