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Atomera (ATOM)
NASDAQ:ATOM
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Atomera
(NASDAQ:ATOM)
50Neutral
Atomera (ATOM) vs. S&P 500 (SPY)
Market Cap
$155.67M
Dividend YieldN/A
Average Volume (3M)434.88K
Price to Earnings (P/E)―
Beta (1Y)1.31
Revenue Growth-78.70%
EPS Growth13.98%
CountryUS
Employees20
SectorTechnology
Sector Strength65
IndustrySemiconductors
Share Statistics
EPS (TTM)-0.17
Shares Outstanding30,703,865
10 Day Avg. Volume331,844
30 Day Avg. Volume434,878
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap2.00
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit25.90K
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.00Price Target Upside33.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Atomera Business Overview & Revenue Model
Company DescriptionAtomera Incorporated develops, commercializes, and licenses proprietary materials, processes, and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors. Its customers include foundries, integrated device manufacturers, fabless semiconductor manufacturers, original equipment manufacturers, and electronic design automation companies. The company was formerly known as Mears Technologies, Inc. and changed its name to Atomera Incorporated in January 2016. Atomera Incorporated was incorporated in 2001 and is headquartered in Los Gatos, California.
How the Company Makes MoneyAtomera makes money primarily through the licensing of its Mears Silicon Technology (MST) to semiconductor manufacturers. The company enters into licensing agreements where it provides access to its patented technology, allowing manufacturers to incorporate MST into their semiconductor production processes. Revenue is generated from a combination of upfront licensing fees, milestone payments, and royalties based on the volume or value of semiconductor products sold that utilize MST. Key partnerships with leading semiconductor companies play a significant role in driving Atomera's revenue, as these collaborations facilitate the adoption and integration of MST across the industry.
Atomera Financial Statement Overview
Summary
Atomera is struggling financially, with continuous losses impacting profitability and cash flow. Despite low leverage, the inability to generate positive net income or free cash flow raises concerns about its operational efficiency and long-term viability.Income Statement
Atomera's income statement indicates significant challenges with profitability. The gross profit margin has dropped due to decreasing gross profit despite minor revenue growth. The company has consistently reported negative net income, resulting in a negative net profit margin over the years. Although there was a slight revenue increase from the previous year, it has not translated into profitability improvements. The negative EBIT and EBITDA margins further highlight operational inefficiencies and high costs.30
Negative
Balance Sheet
The balance sheet reveals a relatively low debt-to-equity ratio, suggesting manageable leverage. However, the return on equity is negative due to consistent net losses, indicating poor returns to shareholders. The equity ratio remains high, reflecting a stronger reliance on equity financing. Despite this, ongoing losses and declining equity raise concerns about long-term sustainability.45
Neutral
Cash Flow
Atomera's cash flow statement shows persistent negative free cash flow, suggesting operational cash burn. Operating cash flow to net income and free cash flow to net income ratios indicate inefficiencies in converting revenue into cash. While there was a significant inflow from financing activities, it mainly covers operational deficits without contributing to growth investments.35
Negative
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 135.00K | 550.00K | 382.00K | 400.00K | 62.00K | Gross Profit |
| 12.00K | 522.00K | 301.00K | 147.00K | 49.00K | EBIT |
| -19.34M | -20.68M | -17.53M | -15.53M | -14.92M | EBITDA |
| -16.94M | -18.16M | -15.68M | -15.27M | -14.70M | Net Income Common Stockholders |
| -18.43M | -19.79M | -17.36M | -15.71M | -14.66M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 26.77M | 19.53M | 21.18M | 28.70M | 37.94M | Total Assets |
| 29.12M | 24.03M | 26.73M | 36.06M | 39.40M | Total Debt |
| 1.98M | 3.64M | 4.88M | 6.54M | 692.00K | Net Debt |
| -23.79M | -8.95M | -16.31M | -22.16M | -37.25M | Total Liabilities |
| 4.05M | 5.86M | 6.42M | 7.68M | 2.05M | Stockholders Equity |
| 25.08M | 18.17M | 20.31M | 28.38M | 37.34M |
| Cash Flow | Free Cash Flow | |||
| -13.24M | -14.59M | -12.54M | -12.55M | -12.20M | Operating Cash Flow |
| -13.24M | -14.56M | -12.50M | -12.44M | -12.07M | Investing Cash Flow |
| 6.08M | -6.75M | -39.00K | -109.00K | -131.00K | Financing Cash Flow |
| 20.34M | 12.71M | 5.02M | 3.31M | 35.27M |
Atomera Technical Analysis
Positive
6.01
Price Trends
4.83
Positive
7.11
Negative
5.45
Positive
Market Momentum
0.11
Negative
68.82
Neutral
80.27
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATOM, the sentiment is Positive. The current price of 6.01 is above the 20-day moving average (MA) of 4.33, above the 50-day MA of 4.83, and above the 200-day MA of 5.45, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 68.82 is Neutral, neither overbought nor oversold. The STOCH value of 80.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATOM.
Atomera Risk Analysis
Atomera disclosed 24 risk factors in its most recent earnings report. Atomera reported the most risks in the “Tech & Innovation” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Atomera Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $73.34M | 25.19 | -0.10% | ― | 5.19% | -101.31% | |
70 Outperform | $127.84M | 176.22 | -0.31% | ― | -22.48% | -102.37% | |
60 Neutral | $10.77B | 10.41 | -6.71% | 2.99% | 7.69% | -13.12% | |
59 Neutral | $130.22M | 18.30 | 5.21% | ― | 236.05% | ― | |
51 Neutral | $88.00M | ― | -18.39% | ― | -5.12% | -900.38% | |
50 Neutral | $155.67M | ― | -90.30% | ― | -78.70% | 13.98% | |
41 Neutral | $116.18M | ― | -17.48% | ― | 1.88% | -64.63% |
* Technology Sector Average
Performance Comparison
ATOM
Atomera
6.01
1.81
43.10%
INTT
inTEST
6.39
-4.23
-39.83%
MX
MagnaChip
3.21
-1.78
-35.67%
QUIK
QuickLogic
5.66
-7.33
-56.43%
MRAM
Everspin Technologies
5.87
-0.21
-3.45%
ICG
Intchains Group Ltd. ADR
2.22
-5.86
-72.52%
Atomera Earnings Call Summary
Earnings Call Date:May 06, 2025
(Q1-2025)
| % Change Since: 18.54%|
Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment Neutral
The earnings call presented several strategic advancements, including a new partnership and progress in GaN and RF SOI technologies. However, these were tempered by continued financial losses, modest revenue guidance, and delays in customer deals.Q1-2025 Updates
Positive Updates
New Partnership Announcement
Atomera announced a partnership with a major unnamed capital equipment provider aimed at accelerating MST technology adoption and enhancing sales efforts. This collaboration is expected to help Atomera deliver optimized solutions more quickly.
Progress in GaN Technology
Atomera completed the world's first GaN devices using MST technology, in collaboration with Sandia National Labs, showing improved electrical performance and material quality.
Expansion with STMicro
Atomera made significant progress with STMicro, focusing on manufacturability and yield. New discussions have started with other ST product areas, potentially leading to new licenses.
Strong Interest in RF SOI
Atomera reported increased customer interest in improving low noise amplifiers (LNAs) for RF SOI devices, driven by demands for better performance in 5G technologies.
Cash Position
Atomera raised $2.4 million under its ATM facility, maintaining a comfortable cash position amidst volatile market conditions.
Negative Updates
Increased Net Loss
GAAP net loss for Q1 2025 was $5.2 million, up from $4.8 million in Q1 2024, primarily due to increased R&D and legal expenses.
Revenue Guidance
Revenue for Q2 is expected to be between $0 and $50,000, indicating uncertainty and potential revenue challenges.
Delayed Customer Engagement
The transformative customer previously mentioned did not result in a reported agreement by the earnings call, indicating potential delays.
Company Guidance
During the call, Atomera provided guidance on its financial and business outlook for the first quarter of 2025. The company reported a GAAP net loss of $5.2 million or $0.17 per share, compared to a net loss of $4.8 million or $0.19 per share in Q1 2024. Operating expenses increased to $5.5 million, largely driven by a $397,000 rise in R&D expenses and a $277,000 hike in G&A expenses, partially offset by a $226,000 reduction in sales and marketing costs. The company's cash, cash equivalents, and short-term investments totaled $24.1 million as of March 31, 2025. Atomera's non-GAAP net loss was $4.4 million, with stock compensation expenses remaining steady at $1 million. The company anticipates Q2 revenue to fall between zero and $50,000, dependent on wafer shipments, and adjusted its full-year non-GAAP OpEx guidance to a range of $17.25 million to $17.75 million. Atomera highlighted its strategic partnership with a major capital equipment provider to accelerate production timelines and improve sales efforts, with no significant alterations to its license fees and royalties business model.Atomera Corporate Events
Executive/Board Changes
Atomera Revises CEO Severance Agreement Terms
Neutral
May 5, 2025
Atomera has amended its employment agreement with CEO Scott A. Bibaud, initially established in March 2025. The revised agreement, effective May 5, 2025, alters the conditions under which Mr. Bibaud would receive severance payments in the event of a Change of Control, shifting from a ‘single trigger’ to a ‘double trigger’ requirement.
Spark’s Take on ATOM Stock
According to Spark, TipRanks’ AI Analyst, ATOM is a Underperform.
Atomera’s overall stock score is significantly impacted by its weak financial performance, with ongoing losses and negative cash flow posing serious concerns about its operational viability. Technical analysis indicates a bearish trend, further weighing down the score. Valuation metrics are unfavorable due to a negative P/E ratio and no dividend yield. While the earnings call reveals some positive developments, the challenges in customer negotiations and production delays keep the outlook cautious.
To see Spark’s full report on ATOM stock, click here.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.