Skip to main content

Akoustis Technologies, Inc. (AKTS)

NASDAQ: AKTS · IEX Real-Time Price · USD
10.16
-0.21 (-2.03%)
After-hours:Sep 24, 2021 7:45 PM EDT
10.37
0.73 (7.57%)
At close: Sep 24, 4:00 PM
Market Cap532.83M
Revenue (ttm)6.62M
Net Income (ttm)-44.16M
Shares Out50.56M
EPS (ttm)-1.02
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume359,072
Open10.32
Previous Close9.64
Day's Range10.06 - 10.47
52-Week Range7.40 - 19.15
Beta1.39
AnalystsStrong Buy
Price Target16.13 (+55.5%)
Est. Earnings DateOct 29, 2021

About AKTS

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States. It operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and semiconductor wafer-manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for...

IndustryElectronic Equipment, Instruments & Components
IPO DateMar 14, 2017
Employees156
Stock ExchangeNASDAQ
Ticker SymbolAKTS
Full Company Profile

Financial Performance

In 2021, AKTS's revenue was $6.62 million, an increase of 269.72% compared to the previous year's $1.79 million. Losses were -$44.16 million, 22.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for AKTS stock is "Strong Buy." The 12-month stock price forecast is 16.13, which is an increase of 55.54% from the latest price.

Price Target
$16.13
(55.54% upside)
Analyst Consensus: Strong Buy

News

Akoustis to Attend the 23rd Annual HC Wainwright Global Investment Conference on September 14, 2021

Charlotte, N.C., Sept. 10, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW)...

2 weeks ago - GlobeNewsWire

Akoustis Technologies: Q4 Earnings Insights

(Akoustis Technologies:AKTS) stock rose by 8.77% after the company reported their Q4 earnings results on Monday, August 30, 2021 at 07:01 PM. Here's what investors need to know about the announcement.

3 weeks ago - Benzinga

Akoustis' (AKTS) Q4 Loss Wider Than Estimates, Revenues Miss

Akoustis Technologies' (AKTS) fiscal fourth-quarter results reflect negative impact from coronavirus headwinds. However, strength in the Wi-Fi filter business acted as a tailwind.

3 weeks ago - Zacks Investment Research

Akoustis (AKTS) Reports Q4 Loss, Misses Revenue Estimates

Akoustis (AKTS) delivered earnings and revenue surprises of -18.75% and -14.27%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Why Shares Of Akoustis Technologies Soared Today

Akoustis Technologies (NASDAQ: AKTS) shares are trading higher after the company announced it received a volume commercial order for its patented WiFi 6 XBAWTM filters from its second WiFi 6 OEM custome...

4 weeks ago - Benzinga

Akoustis Shares Jump On Volume Order Win For WiFi 6 XBAW Filters

Akoustis Technologies Inc (NASDAQ:AKTS) won a volume commercial order for its patented WiFi 6 XBAW filters from its second WiFi 6 OEM customer. The financial terms of the order remain undisclosed.

4 weeks ago - Benzinga

Akoustis Receives Volume Commercial Order for WiFi 6 XBAW Filters

Charlotte, N.C., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

4 weeks ago - GlobeNewsWire

Akoustis Receives WiFi 6E Design Win for MU-MIMO Gateway

5.5 GHz and 6.5 GHz XBAW Coexistence Filter Solutions for Carrier-Grade OEM

1 month ago - GlobeNewsWire

Kamran Cheema Joins Akoustis as Vice President of Engineering

Cheema Will Lead Akoustis' 5G Mobile and Multi-Chip-Module Development, as well as Assist in Deploying Wafer-Level Packaging into Mobile Products, Including 5G Smartphones Cheema Will Lead Akoustis' 5G ...

1 month ago - GlobeNewsWire

Will Akoustis (AKTS) Report Negative Q4 Earnings? What You Should Know

Akoustis (AKTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

3 Radio Frequency Stocks to Tap on Increasing Demand for 5G

The pandemic-induced work-from-home wave and accelerated deployment of 5G enhance the prospects for the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS), Qorvo (QRVO) and Ako...

Other symbols:AAPLQRVORFILSWKS
1 month ago - Zacks Investment Research

Akoustis to Present at the 24th Annual Oppenheimer Technology, Internet and Communications Conference on August 9, 20...

Charlotte, N.C., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

1 month ago - GlobeNewsWire

Akoustis Receives Two Design Wins from Citizens Broadband Radio Service Customer

Akoustis 3.6 GHz XBAW Filter to be Used in Base Station and CPE End User Devices

1 month ago - GlobeNewsWire

Akoustis Receives Volume Development Order from Tier-1 PC Chipset Company for a WiFi 6E Diplexer

Charlotte, N.C., July 14, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

2 months ago - GlobeNewsWire

Akoustis Technologies Marks Foundry Agreement Debut With 5G Mobile RF Front-End Customer

Akoustis Technologies Inc (NASDAQ: AKTS) inked a foundry agreement with a mobile RF front-end customer to produce XBAW® filters for 5G mobile handsets and other wireless devices. Akoustis will use its p...

3 months ago - Benzinga

Akoustis Signs First Foundry Agreement with 5G Mobile RF Front-End Customer

Akoustis to Produce Filters for 5G Mobile Smartphones and Other Devices

3 months ago - GlobeNewsWire

Akoustis CEO & Founder, Jeff Shealy, Scheduled to Appear on Fox Business Network's The Claman Countdown Today at 3:30...

Charlotte, N.C., June 03, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

3 months ago - GlobeNewsWire

U.S. Senate Majority Leader Charles E. Schumer to Speak Today at Akoustis Technologies' Semiconductor Wafer Fab in Up...

– Senator Schumer's Recently Introduced U.S. Innovation and Competition Act Would Provide $52 Billion in Funding to Implement Semiconductor-Related Manufacturing and R&D Programs –

3 months ago - GlobeNewsWire

Akoustis to Present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021 at 8:00 am ET

Charlotte, N.C., June 02, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

3 months ago - GlobeNewsWire

Akoustis to Present at the 16th Annual Needham Virtual Technology & Media Conference on May 18, 2021 at 8:00 am ET

Charlotte, N.C., May 10, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) h...

4 months ago - GlobeNewsWire

Akoustis to Attend the 6th Annual Oppenheimer Emerging Growth Conference on May 11, 2021

Charlotte, N.C., May 05, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) h...

4 months ago - GlobeNewsWire

Akoustis (AKTS) Reports Q3 Loss, Tops Revenue Estimates

Akoustis (AKTS) delivered earnings and revenue surprises of 28.57% and 11.87%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research