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Weebit Nano Ltd. ( (AU:WBT) ) just unveiled an update.
Weebit Nano has reported a strong start to FY26, achieving record quarterly customer receipts of A$7.3 million and securing three customer agreements for integrating its ReRAM technology into next-generation products. The company has successfully taped-out its first module embedded with ReRAM at onsemi’s production fab and is advancing its qualification process at DB HiTek. These developments highlight Weebit’s growing industry presence and the increasing strategic importance of ReRAM as a next-generation non-volatile memory solution. The company is actively pursuing additional licensing agreements and engaging with potential customers at industry conferences, positioning itself as a leading independent provider of ReRAM technology.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.
More about Weebit Nano Ltd.
Weebit Nano Ltd. operates in the semiconductor industry, focusing on developing ReRAM (Resistive Random Access Memory) technology. Their primary products include non-volatile memory solutions, which are integrated into next-generation products for various applications such as automotive, industrial, and data-center sectors. The company is positioned as a key player in the market, offering a unique ReRAM technology that is suitable for high-temperature applications and customizable solutions.
Average Trading Volume: 909,242
Technical Sentiment Signal: Buy
Current Market Cap: A$812.2M
See more data about WBT stock on TipRanks’ Stock Analysis page.