Atomera (ATOM, Financial) has entered into a strategic partnership with Incize to enhance Gallium Nitride on Silicon (GaN-on-Si) technologies. This collaboration is focused on improving the performance of GaN-on-Si devices, which are integral to high-frequency and high-power applications.
The initiative aims to target significant markets, including wireless infrastructure, satellite communications, and advanced power electronics. By optimizing these technologies, the partnership hopes to address the increasing demand in these high-growth sectors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Atomera Inc (ATOM, Financial) is $8.00 with a high estimate of $8.00 and a low estimate of $8.00. The average target implies an upside of 52.67% from the current price of $5.24. More detailed estimate data can be found on the Atomera Inc (ATOM) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Atomera Inc's (ATOM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
ATOM Key Business Developments
Release Date: May 06, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Atomera Inc (ATOM, Financial) announced a new partnership with a major capital equipment provider, which is expected to accelerate the production and sales of their MST technology.
- The company is making significant progress in gate-all-around applications, generating detailed silicon-validated performance enhancement data for customers.
- Atomera Inc (ATOM) has been granted new patents focused on DRAM sense amplifiers, which are relevant for both high bandwidth and standard DDR memories.
- The company is actively expanding its customer base, with new discussions in entirely new areas and existing customers planning demos in different product areas.
- Atomera Inc (ATOM) completed the world's first GAN devices using MST technology, showing indications of improved electrical performance.
Negative Points
- Atomera Inc (ATOM) reported a GAAP net loss of $5.2 million for Q1 2025, an increase from the $4.8 million loss in Q1 2024.
- Operating expenses increased due to higher R&D and legal expenses, partly offset by a decline in sales and marketing expenses.
- The company used $4.8 million of cash in operating activities in Q1 2025, up from $4.1 million in Q1 2024.
- Revenue for Q2 is expected to be minimal, in the range of $0 to $50,000, depending on the timing of wafer shipments.
- There are ongoing delays in obtaining electrical results from Sandia Lab, which are necessary for customer adoption of their GAN technology.
