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

OverviewForecast
EarningsDividendOwnership

Analyst price target for AKTS

Based on 3 analysts offering 12 month price targets for Akoustis Technologies Inc.
Min Forecast
$5.00+45.77%
Avg Forecast
$6.75+96.79%
Max Forecast
$9.25+169.68%

Should I buy or sell AKTS stock?

Based on 3 analysts offering ratings for Akoustis Technologies Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AKTS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Top 8%
93
BuyMaintains$6.00+74.93%2023-05-09
Roth MKM
Top 15%
86
Strong BuyMaintains$5.00+45.77%2023-05-09
B. Riley Securities
Top 1%
100
Strong BuyInitiates Coverage On$9.25+169.68%2023-01-24

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Forecast return on equity

Is AKTS forecast to generate an efficient return?
Company
-4.99%
Industry
126.18%
Market
15%
AKTS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AKTS forecast to generate an efficient return on assets?
Company
-3.18%
Industry
12.36%
AKTS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AKTS revenue growth forecast

How is AKTS forecast to perform vs Communication Equipment companies and vs the US market?
Company
86.18%
Industry
3.82%
Market
16.37%
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$3.43$6.75+96.79%Strong Buy
SILC$36.00$58.00+61.11%Buy
ITI$4.90$5.83+19.04%Strong Buy
AUDC$9.21$11.50+24.86%Sell
KVHI$9.51$13.00+36.70%Buy
View Top Communication Equipment Stocks

Akoustis Technologies Stock Forecast FAQ

Is Akoustis Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: AKTS) stock is to Strong Buy AKTS stock.

Out of 3 analysts, 2 (66.67%) are recommending AKTS as a Strong Buy, 1 (33.33%) are recommending AKTS as a Buy, 0 (0%) 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 forecast return on equity (ROE) for 2023-2024?

(NASDAQ: AKTS) forecast ROE is -4.99%, which is considered weak.

What is AKTS's Price Target?

According to 3 Wall Street analysts that have issued a 1 year AKTS price target, the average AKTS price target is $6.75, with the highest AKTS stock price forecast at $9.25 and the lowest AKTS stock price forecast at $5.00.

On average, Wall Street analysts predict that Akoustis Technologies's share price could reach $6.75 by May 9, 2024. The average Akoustis Technologies stock price prediction forecasts a potential upside of 96.79% from the current AKTS share price of $3.43.

What is AKTS's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: AKTS) forecast ROA is -3.18%, which is lower than the forecast US Communication Equipment industry average of 12.36%.
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