Akoustis Technologies, Inc. (AKTS)

Market Cap	59.56M
Revenue (ttm)	29.71M
Net Income (ttm)	-69.15M
Shares Out	98.60M
EPS (ttm)	-0.97
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	790,812
Open	0.550
Previous Close	0.547
Day's Range	0.520 - 0.614
52-Week Range	0.450 - 3.570
Beta	1.69
Analysts	Buy
Price Target	2.69 (+345.36%)
Earnings Date	May 6, 2024

About AKTS

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Mar 14, 2017
• Employees: 222
• Stock Exchange: NASDAQ
• Ticker Symbol: AKTS

Financial Performance

In 2023, AKTS's revenue was $27.12 million, an increase of 76.68% compared to the previous year's $15.35 million. Losses were -$63.56 million, 7.67% more than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for AKTS stock is "Buy." The 12-month stock price forecast is $2.69, which is an increase of 345.36% from the latest price.

Price Target

$2.69

(345.36% upside)

Analyst Consensus: Buy