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
Target Low Average Median High
Price $1.00 $1.00 $1.00 $1.00
Change +1603.6% +1603.6% +1603.6% +1603.6%
* 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 '23Sep '23Oct '23Nov '23Dec '23Jan '24
Strong Buy 211110
Buy 222220
Hold 011111
Sell 000000
Strong Sell 000000
Total 444441

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Downgrades
$2$1
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
Hold
Downgrades
$9.25$1.75
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
More Analyst Ratings

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
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026
Revenue
1.79M6.62M15.35M27.12M27.38M39.04M58.34M
Revenue Growth
24.05%269.72%131.94%76.68%0.97%42.56%49.45%
EPS
-1.07-1.02-1.09-1.00-1.89-0.36-0.35
EPS Growth
-------
Forward PE
-------
No. Analysts -----54
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 42.0M 65.5M
Avg 39.0M 58.3M
Low 36.1M 51.0M

Revenue Growth

Revenue Growth 20252026
High
53.4%
67.8%
Avg
42.6%
49.5%
Low
31.8%
30.5%

EPS Forecast

EPS 20252026
High -0.26 -0.32
Avg -0.36 -0.35
Low -0.42 -0.38

EPS Growth

EPS Growth 20252026
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.