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Atomera Inc (ATOM) Stock Fundamental Analysis & AI Rating 2026

ATOM Nasdaq Semiconductors & Related Devices DE CIK: 0001420520
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
94% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
93% Conf

📊 ATOM Key Takeaways

Revenue: $65.0K
Net Margin: -31,036.9%
Free Cash Flow: $-14.9M
Current Ratio: 9.80x
Debt/Equity: 0.00x
EPS: $-0.65
AI Rating: STRONG SELL with 95% confidence
Atomera Inc (ATOM) receives a STRONG SELL rating with 94% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $65.0K, net profit margin of -31,036.9%, and return on equity (ROE) of -109.8%, Atomera Inc demonstrates mixed fundamentals in the Technology sector. Below is our complete ATOM stock analysis for 2026.

Is Atomera Inc (ATOM) a Good Investment?

Claude

Atomera is a pre-revenue or severely revenue-contracted semiconductor company burning substantial cash with negative gross margins, indicating fundamental operational challenges beyond normal R&D phases. With only $65K in revenue (down 52% YoY) against $21.1M in operating losses, the company is consuming cash at an unsustainable rate despite having $19.2M in remaining liquidity, which represents less than 1.3 years of burn at current rates.

ChatGPT

Atomera’s fundamentals are extremely weak: revenue is negligible and declining sharply, while operating and net losses remain massive relative to its revenue base. Although the balance sheet is currently debt-free and cash-rich relative to liabilities, the business is still consuming significant cash with no evidence here of operating leverage or durable commercial traction.

Why Buy Atomera Inc Stock? ATOM Key Strengths

Claude
  • + Strong liquidity position with $19.2M cash and 9.80x current ratio providing near-term survival runway
  • + Zero long-term debt reducing financial leverage risk
  • + Positive stockholders equity of $18.4M maintaining positive book value
ChatGPT
  • + Debt-free capital structure with minimal balance-sheet leverage
  • + High liquidity, with cash of $19.21M and current ratio of 9.80x
  • + Liabilities are low relative to assets and equity

ATOM Stock Risks: Atomera Inc Investment Risks

Claude
  • ! Severe revenue contraction of 52% YoY with only $65K revenue indicates collapsed product demand or complete commercialization failure
  • ! Negative gross margin of -393.8% shows the company loses money on every dollar of revenue generated
  • ! Operating cash burn of $14.9M annually combined with minimal revenue suggests less than 16 months of cash runway before potential insolvency
  • ! Massive operating losses of $21.1M on near-zero revenue indicates business model fundamentally broken at scale
ChatGPT
  • ! Revenue base is extremely small and fell 51.9% YoY, indicating weak commercialization
  • ! Severe negative margins and ROE/ROA show the business is far from profitability
  • ! Free cash flow burn of roughly $14.92M materially shortens runway if revenue does not scale

Key Metrics to Watch

Claude
  • * Quarterly revenue trend - need to see stabilization or reversal of 52% YoY decline
  • * Gross margin path - critical to demonstrate positive margins on any commercialized products
  • * Cash burn rate and runway - monitor monthly cash consumption against remaining $19.2M balance
  • * Product pipeline milestones - any evidence of near-term commercial traction or partnership announcements
ChatGPT
  • * Quarterly revenue growth and licensing/commercial adoption
  • * Cash burn and ending cash balance relative to annual operating losses

Atomera Inc (ATOM) Financial Metrics & Key Ratios

Revenue
$65.0K
Net Income
$-20.2M
EPS (Diluted)
$-0.65
Free Cash Flow
$-14.9M
Total Assets
$21.1M
Cash Position
$19.2M

💡 AI Analyst Insight

Strong liquidity with a 9.80x current ratio provides a solid financial cushion.

ATOM Profit Margin, ROE & Profitability Analysis

Gross Margin -393.8%
Operating Margin -32,496.9%
Net Margin -31,036.9%
ROE -109.8%
ROA -95.6%
FCF Margin -22,953.8%

ATOM vs Technology Sector: How Atomera Inc Compares

How Atomera Inc compares to Technology sector averages

Net Margin
ATOM -31,036.9%
vs
Sector Avg 18.0%
ATOM Sector
ROE
ATOM -109.8%
vs
Sector Avg 22.0%
ATOM Sector
Current Ratio
ATOM 9.8x
vs
Sector Avg 2.5x
ATOM Sector
Debt/Equity
ATOM 0.0x
vs
Sector Avg 0.5x
ATOM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Atomera Inc Stock Overvalued? ATOM Valuation Analysis 2026

Based on fundamental analysis, Atomera Inc has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-109.8%
Sector avg: 22%
Net Profit Margin
-31,036.9%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Atomera Inc Balance Sheet: ATOM Debt, Cash & Liquidity

Current Ratio
9.80x
Quick Ratio
9.80x
Debt/Equity
0.00x
Debt/Assets
12.9%
Interest Coverage
-541.62x
Long-term Debt
N/A

ATOM Revenue & Earnings Growth: 5-Year Financial Trend

ATOM 5-year financial data: Year 2021: Revenue $400.0K, Net Income -$14.9M, EPS N/A. Year 2022: Revenue $400.0K, Net Income -$15.7M, EPS $-0.70. Year 2023: Revenue $550.0K, Net Income -$17.4M, EPS $-0.75. Year 2024: Revenue $550.0K, Net Income -$19.8M, EPS $-0.80. Year 2025: Revenue $135.0K, Net Income -$18.4M, EPS $-0.68.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Atomera Inc's revenue has declined by 66% over the 5-year period, indicating business contraction. The most recent EPS of $-0.68 indicates the company is currently unprofitable.

ATOM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-22,953.8%
Free cash flow / Revenue

ATOM Quarterly Earnings & Performance

Quarterly financial performance data for Atomera Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $11.0K -$4.4M $-0.17
Q2 2025 N/A -$4.4M $-0.16
Q1 2025 $4.0K -$4.8M $-0.17
Q3 2024 N/A -$4.4M $-0.17
Q2 2024 N/A -$4.4M $-0.16
Q1 2024 N/A -$4.8M $-0.19
Q3 2023 N/A -$4.1M $-0.20
Q2 2023 N/A -$4.1M $-0.20

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Atomera Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$14.9M
Cash generated from operations
Capital Expenditures
$49.0K
Investment in assets
Dividends
None
No dividend program

ATOM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Atomera Inc (CIK: 0001420520)

📋 Recent SEC Filings

Date Form Document Action
Mar 27, 2026 DEF 14A atomera_idef14a.htm View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 3, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about ATOM

What is the AI rating for ATOM?

Atomera Inc (ATOM) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ATOM's key strengths?

Claude: Strong liquidity position with $19.2M cash and 9.80x current ratio providing near-term survival runway. Zero long-term debt reducing financial leverage risk. ChatGPT: Debt-free capital structure with minimal balance-sheet leverage. High liquidity, with cash of $19.21M and current ratio of 9.80x.

What are the risks of investing in ATOM?

Claude: Severe revenue contraction of 52% YoY with only $65K revenue indicates collapsed product demand or complete commercialization failure. Negative gross margin of -393.8% shows the company loses money on every dollar of revenue generated. ChatGPT: Revenue base is extremely small and fell 51.9% YoY, indicating weak commercialization. Severe negative margins and ROE/ROA show the business is far from profitability.

What is ATOM's revenue and growth?

Atomera Inc reported revenue of $65.0K.

Does ATOM pay dividends?

Atomera Inc does not currently pay dividends.

Where can I find ATOM SEC filings?

Official SEC filings for Atomera Inc (CIK: 0001420520) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ATOM's EPS?

Atomera Inc has a diluted EPS of $-0.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ATOM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Atomera Inc has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ATOM stock overvalued or undervalued?

Valuation metrics for ATOM: ROE of -109.8% (sector avg: 22%), net margin of -31,036.9% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy ATOM stock in 2026?

Our dual AI analysis gives Atomera Inc a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ATOM's free cash flow?

Atomera Inc's operating cash flow is $-14.9M, with capital expenditures of $49.0K. FCF margin is -22,953.8%.

How does ATOM compare to other Technology stocks?

Vs Technology sector averages: Net margin -31,036.9% (avg: 18%), ROE -109.8% (avg: 22%), current ratio 9.80 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI