Atomera (NASDAQ:ATOM) Issues Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Atomera (NASDAQ:ATOM) announced its earnings results on Tuesday. The technology company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.04), Zacks reports. The company had revenue of $0.01 million for the quarter, compared to the consensus estimate of $0.08 million.

Here are the key takeaways from Atomera’s conference call:

• Measured silicon results show MST outperforms an industry-standard approach for a critical Gate-All-Around source/drain liner; Atomera is running wafer demonstrations with two target customers (deposition turnaround 2–3 months, electrical results potentially ~6 months) supported by an expanded strategic partner relationship.
• Atomera reported a GaN-on-Silicon breakthrough — preliminary data indicate MST dramatically reduces the parasitic channel in RF GaN, which could accelerate adoption in RF and power markets and is being validated with ecosystem partners (Synopsys, research labs, test partners).
• The company says its pipeline is active across advanced logic, memory (DRAM/HBM), RF SOI, and power devices with multiple IDM and foundry engagements (including STMicro and a large unnamed IDM), but converting technical validation into license/JDA agreements remains timing-uncertain.
• Q1 results showed a GAAP net loss of $6.1M (non‑GAAP loss $4.9M) and minimal revenue ($11k); Atomera raised $25M in a February registered direct offering (cash + short-term investments $41.1M) to fund operations, which reduces near-term funding risk but involves dilution and ongoing operating expense guidance of about $18.5M for 2026.

Atomera Price Performance

NASDAQ ATOM traded up $0.19 during trading on Tuesday, hitting $10.56. 3,923,863 shares of the company’s stock traded hands, compared to its average volume of 3,159,675. The stock has a fifty day moving average of $5.26 and a two-hundred day moving average of $3.66. Atomera has a 12-month low of $1.89 and a 12-month high of $11.48. The firm has a market cap of $408.88 million, a P/E ratio of -16.25 and a beta of 2.00.

Institutional Trading of Atomera

Institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its stake in shares of Atomera by 82.3% during the first quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock valued at $561,000 after acquiring an additional 63,305 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Atomera by 98.3% during the second quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock valued at $3,627,000 after acquiring an additional 356,579 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Atomera by 3,414.6% during the second quarter. JPMorgan Chase & Co. now owns 14,234 shares of the technology company’s stock valued at $72,000 after acquiring an additional 13,829 shares during the last quarter. Rhumbline Advisers bought a new position in shares of Atomera during the second quarter valued at about $230,000. Finally, XTX Topco Ltd raised its stake in shares of Atomera by 147.7% during the second quarter. XTX Topco Ltd now owns 25,473 shares of the technology company’s stock valued at $128,000 after acquiring an additional 15,188 shares during the last quarter. 30.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Atomera from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Atomera Company Profile

Atomera Inc is a materials engineering company that develops and licenses advanced thin film technologies for the semiconductor industry. Its flagship offering, Mears Silicon Technology (MST), is designed to enhance transistor performance, improve power efficiency and boost device yields. Atomera’s solutions are integrated into existing fabrication processes without major changes to equipment or materials flows, enabling foundries and integrated device manufacturers to adopt the technology with minimal disruption.

At the core of Atomera’s business model is the licensing and patent-licensing of MST.