Akoustis Technologies, Inc. (AKTS)
NASDAQ: AKTS · Real-Time Price · USD
0.0587
+0.0076 (14.87%)
At close: Nov 4, 2024, 4:00 PM
0.0585
-0.0002 (-0.34%)
After-hours: Nov 4, 2024, 7:44 PM EST
Akoustis Technologies Stock Forecast
AKTS's stock price has decreased by -90.91% 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 1,603.58% from the current stock price of 0.06.
Analyst Consensus: Hold
* 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 |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Buy → Hold Downgrades $2 → $1 | Buy → Hold | Downgrades | $2 → $1 | +1,603.58% | Jan 4, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $6 → $3 | Buy | Maintains | $6 → $3 | +5,010.73% | 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 | +2,881.26% | Sep 7, 2023 |
Oppenheimer | Oppenheimer | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +10,121.47% | May 9, 2023 |
Roth MKM | Roth MKM | Strong Buy Maintains $10 → $5 | Strong Buy | Maintains | $10 → $5 | +8,417.89% | May 9, 2023 |
Financial Forecast
Revenue This Year
39.04M
from 27.38M
Increased by 42.56%
Revenue Next Year
58.34M
from 39.04M
Increased by 49.45%
EPS This Year
-0.36
from -1.89
EPS Next Year
-0.35
from -0.36
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.