Akoustis Technologies, Inc. (AKTS)
NASDAQ: AKTS · IEX Real-Time Price · USD
0.834
-0.070 (-7.77%)
At close: Dec 29, 2023, 4:00 PM
0.854
+0.020 (2.43%)
After-hours: Dec 29, 2023, 7:41 PM EST
Akoustis Technologies Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for AKTS stock stock is $3.25, which predicts an increase of 289.69%. The lowest target is $1.75 and the highest is $5.00. On average, analysts rate AKTS stock stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Sep 7, 2023.
Analyst Ratings
The average analyst rating for AKTS stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $6 → $3 | Buy | Maintains | $6 → $3 | +259.71% | Sep 7, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $9 → $2 | Strong Buy → Hold | Downgrades | $9 → $2 | +109.83% | Sep 7, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +619.42% | May 9, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $5 | Strong Buy | Maintains | $10 → $5 | +499.52% | May 9, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +1,009.11% | Jan 24, 2023 |
Financial Forecast
Revenue This Year
33.61M
from 27.12M
Increased by 23.94%
Revenue Next Year
58.53M
from 33.61M
Increased by 74.14%
EPS This Year
-0.75
from -1.00
EPS Next Year
-0.43
from -0.75
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 35.7M | 66.2M |
| Avg | 33.6M | 58.5M |
| Low | 31.7M | 50.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 31.6% | 96.8% |
| Avg | 23.9% | 74.1% |
| Low | 16.7% | 48.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.69 | -0.32 |
| Avg | -0.75 | -0.43 |
| Low | -0.77 | -0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.