Akoustis (AKTS) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

AKTS Stock Forecast

Akoustis stock forecast is as follows: an average price target of $4.92 (represents a 13125.81% upside from AKTS’s last price of $0.04) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

AKTS Price Target

The average price target for Akoustis (AKTS) is $4.92 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $0.75. This represents a potential 13125.81% upside from AKTS's last price of $0.04.

AKTS Analyst Ratings

Buy

According to 9 Wall Street analysts, Akoustis's rating consensus is 'Buy'. The analyst rating breakdown for AKTS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 4 'Hold' (44.44%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Akoustis Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 14, 2024	Craig Ellis	B.Riley Financial	$0.75	$0.42	79.13%	1916.13%
Nov 15, 2022		Oppenheimer	$7.00	$3.57	96.08%	18717.20%
May 03, 2022		Piper Sandler	$7.00	$4.49	55.90%	18717.20%

The latest Akoustis stock forecast, released on May 14, 2024 by Craig Ellis from B.Riley Financial, set a price target of $0.75, which represents a 79.13% increase from the stock price at the time of the forecast ($0.42), and a 1916.13% increase from AKTS last price ($0.04).

Akoustis Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$0.75
Last Closing Price	$0.04	$0.04	$0.04
Upside/Downside	-100.00%	-100.00%	1916.13%

In the current month, the average price target of Akoustis stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Akoustis's last price of $0.04. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 28, 2024	Craig-Hallum		Hold	Downgrade
Sep 07, 2023	Raymond James		Outperform	Downgrade
Sep 07, 2023	Oppenheimer	Outperform	Perform	Downgrade
Sep 07, 2023	Barclays		Underweight	Downgrade
Sep 07, 2023	B. Riley		Buy	Initialise
Sep 07, 2023	JMP Securities		Market Perform	Initialise
Sep 07, 2023	B. Riley Securities		Neutral	Downgrade
Nov 15, 2022	Oppenheimer	Outperform	Outperform	Hold
May 03, 2022	Roth Capital	Buy	Buy	Hold
May 03, 2022	Piper Sandler	Overweight	Overweight	Hold
Apr 26, 2022	Zacks Investment Research		Hold	Downgrade

Akoustis's last stock rating was published by Craig-Hallum on May 28, 2024. The company Downgrade its AKTS rating from "null" to "Hold".

Akoustis Financial Forecast

Akoustis Revenue Forecast

	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	-	-	-	-	-	-	-	-	-	-	$7.02M	$7.00M	$8.33M	$7.36M	$5.87M	$5.57M	$5.20M	$4.61M	$3.67M	$1.87M	$2.16M	$2.52M	$1.31M	$636.00K	$366.00K	$363.00K	$518.00K	$543.00K	$678.71K	$237.46K
Avg Forecast	$14.23M	$13.49M	$12.43M	$11.45M	$11.90M	$10.80M	$9.30M	$8.20M	$7.30M	$8.55M	$6.99M	$7.08M	$8.44M	$7.52M	$5.93M	$5.56M	$6.18M	$4.70M	$3.70M	$2.01M	$2.50M	$2.25M	$1.02M	$529.17K	$431.50K	$509.57K	$551.43K	$533.63K	$584.63K	$600.75K
High Forecast	$14.63M	$13.87M	$12.78M	$11.77M	$12.23M	$11.22M	$9.45M	$8.36M	$7.30M	$8.55M	$7.00M	$7.19M	$8.68M	$7.73M	$6.09M	$5.56M	$6.18M	$4.70M	$3.70M	$2.01M	$2.50M	$2.25M	$1.02M	$529.17K	$431.50K	$509.57K	$551.43K	$533.63K	$584.63K	$600.75K
Low Forecast	$13.83M	$13.11M	$12.08M	$11.13M	$11.57M	$10.38M	$9.15M	$8.04M	$7.30M	$8.55M	$6.94M	$7.00M	$8.20M	$7.31M	$5.76M	$5.56M	$6.18M	$4.70M	$3.70M	$2.01M	$2.50M	$2.25M	$1.02M	$529.17K	$431.50K	$509.57K	$551.43K	$533.63K	$584.63K	$600.75K
# Analysts	1	1	1	1	1	2	2	2	1	2	4	5	4	4	3	3	3	3	4	4	4	4	4	8	8	9	12	7	7	8
Surprise %	-	-	-	-	-	-	-	-	-	-	1.00%	0.99%	0.99%	0.98%	0.99%	1.00%	0.84%	0.98%	0.99%	0.93%	0.86%	1.12%	1.28%	1.20%	0.85%	0.71%	0.94%	1.02%	1.16%	0.40%

Akoustis's average Quarter revenue forecast for Mar 24 based on 2 analysts is $8.55M, with a low forecast of $8.55M, and a high forecast of $8.55M. AKTS's average Quarter revenue forecast represents a 21.89% increase compared to the company's last Quarter revenue of $7.02M (Dec 23).

Akoustis EBITDA Forecast

	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	2	2	1	2	4	5	4	4	3	3	3	3	4	4	4	4	4	8	8	9	12	7	7	8
EBITDA	-	-	-	-	-	-	-	-	-	-	$-15.02M	$-21.65M	$-17.92M	$-13.96M	$-12.61M	$-14.99M	$-15.75M	$-12.23M	$-13.45M	$-11.35M	$-11.97M	$-8.74M	$-9.09M	$-9.27M	$-6.77M	$-8.47M	$-6.85M	$-6.61M	$-7.19M	$-5.88M
Avg Forecast	$-14.23M	$-13.49M	$-12.43M	$-11.45M	$-11.90M	$-10.80M	$-9.30M	$-8.20M	$-7.30M	$-15.00M	$-6.99M	$-7.08M	$-8.44M	$-13.64M	$-12.56M	$-5.56M	$-6.18M	$-12.40M	$-3.70M	$-2.01M	$-2.50M	$-10.82M	$-1.02M	$-529.17K	$-431.50K	$-8.08M	$-551.43K	$-533.63K	$-584.63K	$-5.74M
High Forecast	$-13.83M	$-13.11M	$-12.08M	$-11.13M	$-11.57M	$-10.38M	$-9.15M	$-8.04M	$-7.30M	$-12.00M	$-6.94M	$-7.00M	$-8.20M	$-10.91M	$-10.05M	$-5.56M	$-6.18M	$-9.92M	$-3.70M	$-2.01M	$-2.50M	$-8.66M	$-1.02M	$-529.17K	$-431.50K	$-6.46M	$-551.43K	$-533.63K	$-584.63K	$-4.59M
Low Forecast	$-14.63M	$-13.87M	$-12.78M	$-11.77M	$-12.23M	$-11.22M	$-9.45M	$-8.36M	$-7.30M	$-18.00M	$-7.00M	$-7.19M	$-8.68M	$-16.37M	$-15.08M	$-5.56M	$-6.18M	$-14.88M	$-3.70M	$-2.01M	$-2.50M	$-12.99M	$-1.02M	$-529.17K	$-431.50K	$-9.69M	$-551.43K	$-533.63K	$-584.63K	$-6.89M
Surprise %	-	-	-	-	-	-	-	-	-	-	2.15%	3.06%	2.12%	1.02%	1.00%	2.69%	2.55%	0.99%	3.63%	5.63%	4.78%	0.81%	8.90%	17.53%	15.70%	1.05%	12.42%	12.38%	12.29%	1.02%

undefined analysts predict AKTS's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Akoustis's previous annual EBITDA (undefined) of $NaN.

Akoustis Net Income Forecast

	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	2	2	1	2	4	5	4	4	3	3	3	3	4	4	4	4	4	8	8	9	12	7	7	8
Net Income	-	-	-	-	-	-	-	-	-	-	$-15.71M	$-20.13M	$-17.77M	$-15.54M	$-11.16M	$-19.09M	$-16.27M	$-14.82M	$-15.24M	$-12.81M	$-6.84M	$-10.35M	$-11.88M	$-12.15M	$-12.48M	$-7.77M	$-9.31M	$-10.62M	$-3.65M	$-9.43M
Avg Forecast	$-13.90M	$-13.90M	$-16.99M	$-19.30M	$-9.27M	$-9.27M	$-9.27M	$-10.81M	$-19.69M	$-17.77M	$-27.80M	$-27.80M	$-25.63M	$-16.15M	$-14.27M	$-23.61M	$-18.71M	$-14.69M	$-23.16M	$-18.71M	$-25.83M	$-12.36M	$-20.94M	$-21.68M	$-21.97M	$-9.02M	$-23.16M	$-24.05M	$-22.94M	$-6.15M
High Forecast	$-13.39M	$-13.39M	$-16.37M	$-18.60M	$-8.93M	$-8.93M	$-8.93M	$-10.41M	$-18.97M	$-14.22M	$-24.71M	$-21.62M	$-24.70M	$-12.92M	$-11.42M	$-23.61M	$-18.71M	$-11.75M	$-23.16M	$-18.71M	$-25.83M	$-9.88M	$-20.94M	$-21.68M	$-21.97M	$-7.21M	$-23.16M	$-24.05M	$-22.94M	$-4.92M
Low Forecast	$-14.41M	$-14.41M	$-17.61M	$-20.01M	$-9.60M	$-9.60M	$-9.60M	$-11.21M	$-20.41M	$-21.32M	$-30.89M	$-30.89M	$-26.57M	$-19.39M	$-17.13M	$-23.61M	$-18.71M	$-17.62M	$-23.16M	$-18.71M	$-25.83M	$-14.83M	$-20.94M	$-21.68M	$-21.97M	$-10.82M	$-23.16M	$-24.05M	$-22.94M	$-7.38M
Surprise %	-	-	-	-	-	-	-	-	-	-	0.57%	0.72%	0.69%	0.96%	0.78%	0.81%	0.87%	1.01%	0.66%	0.68%	0.26%	0.84%	0.57%	0.56%	0.57%	0.86%	0.40%	0.44%	0.16%	1.53%

Akoustis's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. AKTS's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Akoustis SG&A Forecast

	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	2	2	1	2	4	5	4	4	3	3	3	3	4	4	4	4	4	8	8	9	12	7	7	8
SG&A	-	-	-	-	-	-	-	-	-	-	$9.29M	$10.22M	$8.06M	$8.82M	$5.84M	$6.98M	$5.97M	$5.72M	$5.15M	$3.88M	$3.60M	$3.40M	$3.36M	$2.93M	$2.73M	$2.59M	$2.76M	$2.80M	$2.00M	$2.46M
Avg Forecast	$33.72M	$31.95M	$29.45M	$27.12M	$28.20M	$25.59M	$22.04M	$19.43M	$17.30M	$6.92M	$16.56M	$16.77M	$20.00M	$6.29M	$4.81M	$13.18M	$14.65M	$11.15M	$8.77M	$4.77M	$5.93M	$5.33M	$2.42M	$1.25M	$1.02M	$1.21M	$1.31M	$1.26M	$1.39M	$1.42M
High Forecast	$34.67M	$32.85M	$30.28M	$27.89M	$28.99M	$26.57M	$22.40M	$19.82M	$17.30M	$8.31M	$16.58M	$17.03M	$20.56M	$7.55M	$5.77M	$13.18M	$14.65M	$11.15M	$8.77M	$4.77M	$5.93M	$5.33M	$2.42M	$1.25M	$1.02M	$1.21M	$1.31M	$1.26M	$1.39M	$1.42M
Low Forecast	$32.77M	$31.05M	$28.62M	$26.36M	$27.40M	$24.60M	$21.67M	$19.04M	$17.30M	$5.54M	$16.44M	$16.58M	$19.43M	$5.03M	$3.85M	$13.18M	$14.65M	$11.15M	$8.77M	$4.77M	$5.93M	$5.33M	$2.42M	$1.25M	$1.02M	$1.21M	$1.31M	$1.26M	$1.39M	$1.42M
Surprise %	-	-	-	-	-	-	-	-	-	-	0.56%	0.61%	0.40%	1.40%	1.21%	0.53%	0.41%	0.51%	0.59%	0.81%	0.61%	0.64%	1.39%	2.33%	2.67%	2.14%	2.11%	2.22%	1.44%	1.73%

Akoustis's average Quarter SG&A projection for Mar 24 is $6.92M, based on 2 Wall Street analysts, with a range of $5.54M to $8.31M. The forecast indicates a -25.52% fall compared to AKTS last annual SG&A of $9.29M (Dec 23).

Akoustis EPS Forecast

	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	2	2	1	2	4	5	4	4	3	3	3	3	4	4	4	4	4	8	8	9	12	7	7	8
EPS	-	-	-	-	-	-	-	-	-	-	$-0.00	$-0.00	$-0.25	$-0.23	$-0.19	$-0.33	$-0.30	$-0.27	$-0.29	$-0.25	$-0.13	$-0.23	$-0.30	$-0.32	$-0.33	$-0.17	$-0.35	$-0.35	$-0.12	$-0.41
Avg Forecast	$-0.09	$-0.09	$-0.11	$-0.13	$-0.06	$-0.06	$-0.06	$-0.07	$-0.13	$-0.12	$-0.18	$-0.18	$-0.17	$-0.19	$-0.25	$-0.27	$-0.21	$-0.25	$-0.26	$-0.21	$-0.29	$-0.27	$-0.23	$-0.24	$-0.25	$-0.26	$-0.26	$-0.27	$-0.26	$-0.23
High Forecast	$-0.09	$-0.09	$-0.11	$-0.12	$-0.06	$-0.06	$-0.06	$-0.07	$-0.12	$-0.12	$-0.16	$-0.14	$-0.16	$-0.18	$-0.24	$-0.27	$-0.21	$-0.25	$-0.26	$-0.21	$-0.29	$-0.27	$-0.23	$-0.24	$-0.25	$-0.26	$-0.26	$-0.27	$-0.26	$-0.23
Low Forecast	$-0.09	$-0.09	$-0.11	$-0.13	$-0.06	$-0.06	$-0.06	$-0.07	$-0.13	$-0.12	$-0.20	$-0.20	$-0.17	$-0.20	$-0.26	$-0.27	$-0.21	$-0.25	$-0.26	$-0.21	$-0.29	$-0.27	$-0.23	$-0.24	$-0.25	$-0.26	$-0.26	$-0.27	$-0.26	$-0.23
Surprise %	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	1.51%	1.20%	0.76%	1.25%	1.43%	1.08%	1.12%	1.19%	0.45%	0.85%	1.28%	1.32%	1.34%	0.66%	1.35%	1.30%	0.47%	1.75%

According to undefined Wall Street analysts, Akoustis's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to AKTS previous annual EPS of $NaN (undefined).

Akoustis Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AKTS	Akoustis	$0.04	$4.92	12200.00%	Buy
CMBM	Cambium Networks	$0.66	$34.17	5077.27%	Buy
KVHI	KVH Industries	$5.78	$13.00	124.91%	Buy
AUDC	AudioCodes	$9.20	$19.00	106.52%	Buy
KN	Knowles	$19.74	$25.00	26.65%	Buy
ADTN	ADTRAN	$8.40	$10.00	19.05%	Buy
AVNW	Aviat Networks	$17.39	$20.50	17.88%	Buy
GILT	Gilat Satellite Networks	$5.98	$7.00	17.06%	Buy
NTGR	NETGEAR	$25.68	$22.00	-14.33%	Buy
CIEN	Ciena	$88.14	$65.86	-25.28%	Buy
LITE	Lumentum	$88.92	$59.13	-33.50%	Buy

AKTS Forecast FAQ

Is Akoustis a good buy?

Yes, according to 9 Wall Street analysts, Akoustis (AKTS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 44.44% of AKTS's total ratings.

What is AKTS's price target?

Akoustis (AKTS) average price target is $4.92 with a range of $0.75 to $7, implying a 13125.81% from its last price of $0.0372. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Akoustis stock go up soon?

According to Wall Street analysts' prediction for AKTS stock, the company can go up by 13125.81% (from the last price of $0.0372 to the average price target of $4.92), up by 18717.20% based on the highest stock price target, and up by 1916.13% based on the lowest stock price target.

Can Akoustis stock reach $0?

AKTS's average twelve months analyst stock price target of $4.92 supports the claim that Akoustis can reach $0 in the near future.

What are Akoustis's analysts' financial forecasts?

Akoustis's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $40.2M (high $41.27M, low $39.13M), average EBITDA is $-40.2M (high $-39.134M, low $-41.266M), average net income is $-38.607M (high $-37.195M, low $-40.019M), average SG&A $95.25M (high $97.77M, low $92.72M), and average EPS is $-0.25 (high $-0.241, low $-0.259). AKTS's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $51.59M (high $53.05M, low $50.14M), average EBITDA is $-51.595M (high $-50.143M, low $-53.046M), average net income is $-64.087M (high $-61.744M, low $-66.43M), average SG&A $122.25M (high $125.69M, low $118.81M), and average EPS is $-0.415 (high $-0.4, low $-0.43).

Did the AKTS's actual financial results beat the analysts' financial forecasts?

Based on Akoustis's last annual report (Jun 2023), the company's revenue was $27.12M, which missed the average analysts forecast of $27.45M by -1.19%. Apple's EBITDA was $-66.069M, beating the average prediction of $-40.205M by 64.33%. The company's net income was $-63.557M, missing the average estimation of $-79.669M by -20.22%. Apple's SG&A was $29.71M, missing the average forecast of $44.28M by -32.91%. Lastly, the company's EPS was $-1, beating the average prediction of $-0.873 by 14.55%. In terms of the last quarterly report (Dec 2023), Akoustis's revenue was $7.02M, beating the average analysts' forecast of $6.99M by 0.40%. The company's EBITDA was $-15.024M, beating the average prediction of $-6.989M by 114.97%. Akoustis's net income was $-15.711M, missing the average estimation of $-27.797M by -43.48%. The company's SG&A was $9.29M, missing the average forecast of $16.56M by -43.87%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $-0.18 by -99.89%