Akoustis/AKTS

$0.58

-4.29%
-
1D1W1MYTD1YMAX

About Akoustis

Akoustis Technologies, Inc. is a commercial product company. The Company operates through two segments: Fabrication Services and RF Filters. Its Fabrication Services segment consists of engineering review services and backend packaging services. Its RF Filters segment consists of amplifier and filter product sales. The Company develops RF filters for fifth generation (5G), wireless fidelity (WiFi) and defense bands through its resonator device models and product design kits (PDKs). It is focused on developing, designing, and manufacturing RF filter solutions for the wireless industry for products, including smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment (CPE), automotive, industrial and defense applications. The Company has developed a microelectromechanical system (MEMS) based bulk acoustic wave (BAW) technology. It is also engaged in providing back-end semiconductor supply chain services.

Ticker

AKTS

Sector

Technology

Trading on

NASDAQ

Industry

Electronic Instr. & Controls

CEO

Jeffrey Shealy

Employees

222

Headquarters

Huntersville, United States

Akoustis Metrics

BasicAdvanced
$53.91M
Market cap
-
P/E ratio
-$0.97
EPS
1.68
Beta
-
Dividend rate
$53.91M
1.68022
$3.57
$0.45
873.85K
1.822
1.438
79.946
79.946
-56.65%
-104.1%
-62.55%
1.815
0.767
2.128
39.85%
10.33%
147.45%

What the Analysts think about Akoustis

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 5 analysts.
141.38% upside
High $3.00
Low $1.00
$0.58
Current price
$1.40
Average price target

Akoustis Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-224.28% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$7M
0%
Net income
$-15.7M
-21.89%
Profit margin
-224.28%
-21.89%

Akoustis Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 5.56%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
-$0.20
-$0.21
-$0.26
-$0.19
-
Expected
-$0.19
-$0.17
-$0.18
-$0.18
-$0.12
Surprise
4.17%
26.51%
44.44%
5.56%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Akoustis stock?

Akoustis (AKTS) has a market cap of $53.91M as of April 24, 2024.

What is the P/E ratio for Akoustis stock?

The price to earnings (P/E) ratio for Akoustis (AKTS) stock is 0 as of April 24, 2024.

Does Akoustis stock pay dividends?

No, Akoustis (AKTS) stock does not pay dividends to its shareholders as of April 24, 2024.

When is the next Akoustis dividend payment date?

Akoustis (AKTS) stock does not pay dividends to its shareholders.

What is the beta indicator for Akoustis?

Akoustis (AKTS) has a beta rating of 1.68. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Akoustis stock price target?

The target price for Akoustis (AKTS) stock is $1.4, which is 137.29% above the current price of $0.59. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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