Akoustis Technologies, Inc. (AKTS)

Akoustis Technologies Stock Forecast

AKTS's stock price has decreased by -83.42% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for AKTS stock has a target of 1.00, which predicts an increase of 894.04% from the current stock price of 0.10.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.00	$1.00	$1.00	$1.00
Change	+894.04%	+894.04%	+894.04%	+894.04%

* Price targets were last updated on Jan 4, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for AKTS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '23	Sep '23	Oct '23	Nov '23	Dec '23	Jan '24
Strong Buy	2	1	1	1	1	0
Buy	2	2	2	2	2	0
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harsh Kumar Piper Sandler	Piper Sandler	Buy → Hold Downgrades $2 → $1	Buy → Hold	Downgrades	$2 → $1	+894.04%	Jan 4, 2024
Rick Schafer Oppenheimer	Oppenheimer	Buy Maintains $6 → $3	Buy	Maintains	$6 → $3	+2,882.11%	Sep 7, 2023
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $9.25 → $1.75	Strong Buy → Hold	Downgrades	$9.25 → $1.75	+1,639.56%	Sep 7, 2023
Rick Schafer Oppenheimer	Oppenheimer	Buy Maintains $7 → $6	Buy	Maintains	$7 → $6	+5,864.21%	May 9, 2023
Suji Desilva Roth MKM	Roth MKM	Strong Buy Maintains $10 → $5	Strong Buy	Maintains	$10 → $5	+4,870.18%	May 9, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

39.04M

Increased by 42.56%

from 27.38M

Revenue Next Year

58.34M

Increased by 49.45%

from 39.04M

EPS This Year

-0.36

from -1.89

EPS Next Year

-0.35

from -0.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	1.79M	6.62M	15.35M	27.12M	27.38M	39.04M	58.34M
Revenue Growth	24.05%	269.72%	131.94%	76.68%	0.97%	42.56%	49.45%
EPS	-1.07	-1.02	-1.09	-1.00	-1.89	-0.36	-0.35
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	42.0M	65.5M
Avg	39.0M	58.3M
Low	36.1M	51.0M

Revenue Growth

Revenue Growth	2025	2026
High	53.4%	67.8%
Avg	42.6%	49.5%
Low	31.8%	30.5%

EPS Forecast

EPS	2025	2026
High	-0.26	-0.32
Avg	-0.36	-0.35
Low	-0.42	-0.38

EPS Growth

EPS Growth	2025	2026
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.