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NASDAQ: AKTS
Akoustis Technologies Inc Stock Forecast, Predictions & Price Target

Analyst price target for AKTS

Based on 1 analyst offering 12 month price targets for Akoustis Technologies Inc.
Min Forecast
$1.00+71.53%
Avg Forecast
$1.00+71.53%
Max Forecast
$1.00+71.53%

Should I buy or sell AKTS stock?

Based on 1 analyst offering ratings for Akoustis Technologies Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AKTS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-04

1 of 1

Forecast return on equity

Is AKTS forecast to generate an efficient return?
Company
N/A
Industry
15.83%
Market
21.34%

Forecast return on assets

Is AKTS forecast to generate an efficient return on assets?
Company
N/A
Industry
7.33%

AKTS revenue forecast

What is AKTS's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$32.7M+10.11%
Avg 2 year Forecast
$55.0M+85.21%
Avg 3 year Forecast
$72.4M+143.71%
AKTS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AKTS revenue growth forecast

How is AKTS forecast to perform vs Communication Equipment companies and vs the US market?
Company
34.73%
Industry
0.24%
Market
9.63%
AKTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AKTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AKTS vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
AKTS$0.58$1.00+71.53%Hold
AIRG$5.41$6.00+10.91%Buy
ONDS$0.97$3.50+260.82%Strong Buy
BKTI$14.52N/AN/A
CLRO$1.94N/AN/A

Akoustis Technologies Stock Forecast FAQ

Is Akoustis Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: AKTS) stock is to Hold AKTS stock.

Out of 1 analyst, 0 (0%) are recommending AKTS as a Strong Buy, 0 (0%) are recommending AKTS as a Buy, 1 (100%) are recommending AKTS as a Hold, 0 (0%) are recommending AKTS as a Sell, and 0 (0%) are recommending AKTS as a Strong Sell.

If you're new to stock investing, here's how to buy Akoustis Technologies stock.

What is AKTS's revenue growth forecast for 2024-2026?

(NASDAQ: AKTS) Akoustis Technologies's forecast annual revenue growth rate of 34.73% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.24%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Akoustis Technologies's revenue in 2024 is $29,708,000.On average, 4 Wall Street analysts forecast AKTS's revenue for 2024 to be $3,225,302,723, with the lowest AKTS revenue forecast at $3,145,434,328, and the highest AKTS revenue forecast at $3,310,101,266. On average, 4 Wall Street analysts forecast AKTS's revenue for 2025 to be $5,425,331,900, with the lowest AKTS revenue forecast at $4,870,986,076, and the highest AKTS revenue forecast at $6,066,053,915.

In 2026, AKTS is forecast to generate $7,138,854,087 in revenue, with the lowest revenue forecast at $7,138,854,087 and the highest revenue forecast at $7,138,854,087.

What is AKTS's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: AKTS) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 7.33%.

What is AKTS's Price Target?

According to 1 Wall Street analyst that have issued a 1 year AKTS price target, the average AKTS price target is $1.00, with the highest AKTS stock price forecast at $1.00 and the lowest AKTS stock price forecast at $1.00.

The Wall Street analyst predicted that Akoustis Technologies's share price could reach $1.00 by Jan 4, 2025. The average Akoustis Technologies stock price prediction forecasts a potential upside of 71.53% from the current AKTS share price of $0.58.

What is AKTS's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: AKTS) forecast ROE is N/A, which is considered weak.
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