Akoustis Technologies, Inc. (AKTS)
NASDAQ: AKTS · IEX Real-Time Price · USD
0.120
-0.005 (-4.23%)
At close: Jul 19, 2024, 4:00 PM
0.121
+0.001 (0.83%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Akoustis Technologies Stock Forecast
AKTS's stock price has decreased by -95.33% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AKTS stock have an average target of 1.92, with a low estimate of 1.00 and a high estimate of 3.00. The average target predicts an increase of 1,500.00% from the current stock price of 0.12.
Analyst Consensus: Hold
* Price targets were last updated on Jan 4, 2024.
Analyst Ratings
The average analyst rating for AKTS stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $2 → $1 | Buy → Hold | Downgrades | $2 → $1 | +733.33% | Jan 4, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $6 → $3 | Buy | Maintains | $6 → $3 | +2,400.00% | Sep 7, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $9.25 → $1.75 | Strong Buy → Hold | Downgrades | $9.25 → $1.75 | +1,358.33% | Sep 7, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +4,900.00% | May 9, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $5 | Strong Buy | Maintains | $10 → $5 | +4,066.67% | May 9, 2023 |
Financial Forecast
Revenue This Year
29.42M
from 27.12M
Increased by 8.47%
Revenue Next Year
39.04M
from 29.42M
Increased by 32.70%
EPS This Year
-0.71
from -1.00
EPS Next Year
-0.36
from -0.71
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.4M | 42.0M | 65.5M |
| Avg | 29.4M | 39.0M | 58.3M |
| Low | 28.2M | 36.1M | 51.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1% | 42.8% | 67.8% |
| Avg | 8.5% | 32.7% | 49.5% |
| Low | 4.0% | 22.6% | 30.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.72 | -0.26 | -0.32 |
| Avg | -0.71 | -0.36 | -0.35 |
| Low | -0.70 | -0.42 | -0.38 |
EPS Growth
| EPS Growth | 2024 | 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.