Weebit Nano lifts FY2026 revenue outlook to at least A$13.5 million after customer project expansion
AI Market Summary
Weebit Nano raised FY2026 revenue guidance to at least A$13.5m from A$12m, citing expanding customer projects, alongside a A$102m capital raise and licensing progress with Texas Instruments and onsemi. The update is constructive for company fundamentals and highlights continued commercialization traction in ReRAM, but it is a single-stock development with limited read-through to broader indices, macro assets, or crypto markets in the near term.
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Weebit Nano Ltd (ASX: WBT) lifted its FY2026 full-year revenue guidance to at least A$13.5 million, up from its prior outlook of at least A$12 million. The company said the upgrade is mainly due to an expansion of customer projects. Weebit Nano has also completed a A$102 million capital raising and signed licensing deals with Texas Instruments and onsemi. Its technology has been selected for a Korean national compute-in-memory program.
