EMAT Guides FY27 Revenue to $400-460M on 10x Magnet Capacity Expansion
EMAT sits 51% above its 52-week low of $2.15.
Summary
EMAT issued initial revenue guidance of $400-460 million for fiscal 2027, a massive jump from the $5-8 million expected for fiscal 2026. The growth hinges on expanding Pohang magnet capacity from 1,000 to 10,000 metric tons via 13 new ULVAC machines on binding orders, supported by a $20.7 million conditional grant and KEPCO power expansion. This follows the August 27 KEPCO principal terms announcement and the July supply agreement for non-China NdPr. The guidance is not based on contracted volumes and assumes successful customer conversion and ramp-up, but the scale of the projected revenue increase is material for a company with a $2 billion market cap. Watch for equipment installation in November 2026 and the January 1, 2027 DFARS mine-to-magnet restriction that could drive demand.
At the time of this announcement, EMAT was trading at $3.24 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2B. The 52-week trading range was $2.15 to $24.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: FinanceWire.