Atomera (NASDAQ:ATOM) Announces Earnings Results

Atomera (NASDAQ:ATOM) issued its quarterly earnings data 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.

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

• Atomera cleared a significant manufacturability milestone with one of its two active Gate-All-Around customers, potentially leading to licensing discussions after additional electrical testing. Management cautioned that customer qualification could still take until late 2026 or longer.
• The company introduced a new value proposition for next-generation 4F² DRAM and said multiple customers have validated the concept, supported by a favorable TCAD study. Work developed for DRAM’s planar periphery may also apply to NAND flash, potentially more than doubling Atomera’s total addressable market.
• New RF data showed MST-enabled GaN-on-silicon delivering effectively lossless RF and harmonic-distortion performance roughly 1,000 times better than a reference wafer at benchmark power levels. The results generated industry interest at IMS and led to evaluations with several potential customers, opening a possible market for integrated RF front ends and power amplifiers.
• Second-quarter revenue was only $158,000, while the GAAP net loss widened to $6.3 million from $5.0 million a year earlier; cash and short-term investments fell to $38.4 million. Atomera also expects 2026 non-GAAP operating expenses near the high end of its $18.25 million–$18.75 million range as outsourced engineering, tool leases, metrology, and fabrication costs rise.

Atomera Stock Up 6.8%

Shares of Atomera stock traded up $0.36 on Tuesday, hitting $5.65. 1,236,104 shares of the company’s stock traded hands, compared to its average volume of 1,996,413. The stock has a market cap of $218.77 million, a P/E ratio of -8.69 and a beta of 2.11. The firm’s 50-day moving average is $7.53 and its 200 day moving average is $5.99. Atomera has a 52-week low of $1.89 and a 52-week high of $12.36.

Insider Buying and Selling at Atomera

In related news, CFO Francis Laurencio sold 20,400 shares of Atomera stock in a transaction on Monday, June 15th. The shares were sold at an average price of $9.44, for a total value of $192,576.00. Following the completion of the sale, the chief financial officer owned 253,353 shares in the company, valued at approximately $2,391,652.32. The trade was a 7.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 8.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its holdings in Atomera by 98.3% during the 2nd quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock worth $3,627,000 after acquiring an additional 356,579 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Atomera in the 4th quarter valued at about $396,000. Jane Street Group LLC lifted its position in shares of Atomera by 243.1% during the fourth quarter. Jane Street Group LLC now owns 171,424 shares of the technology company’s stock worth $379,000 after purchasing an additional 121,457 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Atomera during the fourth quarter worth about $213,000. Finally, Goldman Sachs Group Inc. grew its stake in Atomera by 82.3% in the first quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock worth $561,000 after purchasing an additional 63,305 shares in the last quarter. 30.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ATOM. Wall Street Zen cut shares of Atomera from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atomera in a report on Friday, May 15th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

About Atomera

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.