Akoustis Technologies, Inc. (AKTS)

NASDAQ: AKTS · Delayed Price · USD
4.84
-0.43 (-8.16%)
At close: Jan 27, 2022 4:00 PM
4.82
-0.02 (-0.41%)
After-hours:Jan 27, 2022 4:28 PM EST
Market Cap251.90M
Revenue (ttm)7.85M
Net Income (ttm)-45.06M
Shares Out52.05M
EPS (ttm)-0.96
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume636,954
Open5.34
Previous Close5.27
Day's Range4.82 - 5.53
52-Week Range4.58 - 19.15
Beta1.27
AnalystsBuy
Price Target14.88 (+207.4%)
Earnings DateJan 31, 2022

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
CEOJeffrey Shealy
Employees156
Stock ExchangeNASDAQ
Ticker SymbolAKTS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AKTS stock is "Buy." The 12-month stock price forecast is 14.88, which is an increase of 207.44% from the latest price.

Price Target
$14.88
(207.44% upside)
Analyst Consensus: Buy

News

Akoustis to Webcast Q2FY22 Results on January 31st at 8:00 am ET

Charlotte, N.C., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) ...

2 days ago - GlobeNewsWire

Akoustis Pockets Purchase Order From New Tier-1 Mobile Customer

Akoustis Technologies Inc (NASDAQ: AKTS) won a purchase order from a new customer to develop a 5G mobile XBAW filter. The financial terms of the deal remain undisclosed.

1 month ago - Benzinga

Akoustis Receives Purchase Order from New Tier-1 Mobile Customer

Company to Develop and Ship XBAW Wafers for Challenging 5G Mobile Coexistence Filter

1 month ago - GlobeNewsWire

Akoustis to Present at the 2nd Annual Oppenheimer 5G Summit on December 14, 2021, at 9:05 am ET

Charlotte, N.C., Dec. 07, 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 CEO Jeff Shealy Scheduled to Appear on the TD Ameritrade Network Today at 11:20 AM ET

Charlotte, N.C., Nov. 29, 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 to Present at the Wi-Fi Now Conference Today at 1:25 pm ET

Dave Aichele, EVP of Business Development, to Present RF Acoustic Filters for High-Performance Wi-Fi

2 months ago - GlobeNewsWire

Akoustis (AKTS) Reports Q1 Loss, Misses Revenue Estimates

Akoustis (AKTS) delivered earnings and revenue surprises of -5.00% and -4.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Akoustis Clocks 194% Revenue Growth In Q1, Forges XBAW Filter Deal With New Customer

Akoustis Technologies Inc (NASDAQ: AKTS) reported first-quarter FY22 revenue growth of 193.7% year-on-year to $1.87 million, missing the consensus of $2.01 million. The company's previous revenue guidan...

2 months ago - Benzinga

Akoustis Adds Third Mobile Customer

Company's XBAW Filters Chosen for Its High Q BAW Technology Expected to Address Difficult Tx/Rx Coexist Requirements

2 months ago - GlobeNewsWire

Akoustis Reports Fiscal First Quarter 2022 Results

Q1FY22 Revenue of $1.9M Representing an Increase of Nearly 300% Year-Over-Year

2 months ago - GlobeNewsWire

Akoustis (AKTS) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

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.

3 months ago - Zacks Investment Research

Akoustis Buys Majority Ownership Position In RFM Integrated Device

Akoustis Technologies Inc (NASDAQ: AKTS) acquired a 51% majority ownership position of RFM Integrated Device, Inc. (RFMi), with the right to purchase the remaining 49% in 2022. Akoustis paid $6.0 millio...

3 months ago - Benzinga

Akoustis Acquires Majority Ownership Position of RFM Integrated Device, Inc., a Fabless Supplier of Acoustic Wave RF ...

Charlotte, N.C., Oct. 18, 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 Entering Timing and Frequency Reference Market with Ultra-High Frequency XBAW Resonators

Company Developing Resonators for Timing RF Component Customer

3 months ago - GlobeNewsWire

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)...

4 months 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.

4 months 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.

4 months 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?

4 months ago - Zacks Investment Research

Akoustis Misses On Q4 Earnings, Ships First 5G Mobile WLP Filter

Akoustis Technologies Inc (NASDAQ: AKTS) reported fourth-quarter FY21 revenue growth of 489.3% year-on-year to $2.16 million, missing the analyst consensus of $2.52 million. Filter Product Revenue incre...

4 months ago - Benzinga

Akoustis Ships First 5G Mobile WLP Filters to Tier-1 RF Component Company

Company Delivers First of Two Filters for its 5G Mobile Customer

4 months ago - GlobeNewsWire

Akoustis Reports Fiscal Fourth Quarter and Full Year Results

Fiscal 2021 Annual Revenue of $6.6M Representing an Increase of 270% Year-Over-Year

4 months ago - GlobeNewsWire

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...

5 months 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.

5 months 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) ...

5 months 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

5 months ago - GlobeNewsWire