NASDAQ:AKTS Akoustis Technologies (AKTS) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free AKTS Stock Alerts $0.59 +0.01 (+1.72%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$0.57▼$0.6250-Day Range$0.54▼$0.7952-Week Range$0.45▼$3.57Volume296,221 shsAverage Volume926,086 shsMarket Capitalization$58.28 millionP/E RatioN/ADividend YieldN/APrice Target$1.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Akoustis Technologies alerts: Email Address Akoustis Technologies MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside224.3% Upside$1.92 Price TargetShort InterestBearish8.73% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 2 Articles This WeekInsider TradingAcquiring Shares$750,000 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.68) to ($0.35) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.54 out of 5 starsComputer And Technology Sector470th out of 589 stocksTelephone & Telegraph Apparatus Industry7th out of 10 stocks 3.2 Analyst's Opinion Consensus RatingAkoustis Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.92, Akoustis Technologies has a forecasted upside of 224.3% from its current price of $0.59.Amount of Analyst CoverageAkoustis Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.73% of the outstanding shares of Akoustis Technologies have been sold short.Short Interest Ratio / Days to CoverAkoustis Technologies has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in Akoustis Technologies has recently increased by 13.59%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAkoustis Technologies does not currently pay a dividend.Dividend GrowthAkoustis Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AKTS. Previous Next 1.9 News and Social Media Coverage News SentimentAkoustis Technologies has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Akoustis Technologies this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for AKTS on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 17 people have added Akoustis Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Akoustis Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $750,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.60% of the stock of Akoustis Technologies is held by insiders.Percentage Held by InstitutionsOnly 28.84% of the stock of Akoustis Technologies is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Akoustis Technologies are expected to grow in the coming year, from ($0.68) to ($0.35) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akoustis Technologies is -0.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Akoustis Technologies is -0.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAkoustis Technologies has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Akoustis Technologies Stock (NASDAQ:AKTS)Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was founded in 2013 and is headquartered in Huntersville, North Carolina.Read More AKTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AKTS Stock News HeadlinesMarch 29, 2024 | americanbankingnews.comAkoustis Technologies (NASDAQ:AKTS) Share Price Passes Below 50-Day Moving Average of $0.63March 11, 2024 | globenewswire.comAkoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024March 29, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 6, 2024 | investorplace.com7 of the Best Speculative Stocks You Can Snag for Less Than $1February 15, 2024 | finance.yahoo.comAkoustis to Attend GOMACTech 2024 in Charleston from March 19-20February 15, 2024 | globenewswire.comAkoustis to Attend GOMACTech 2024 in Charleston from March 19-20February 13, 2024 | finanznachrichten.deAkoustis, Inc.: Akoustis Reports Second Quarter FY24 ResultsFebruary 13, 2024 | finance.yahoo.comAkoustis Reports Second Quarter FY24 ResultsMarch 29, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 12, 2024 | msn.comAkoustis Technologies Q2 2024 Earnings PreviewFebruary 12, 2024 | benzinga.comA Preview Of Akoustis Technologies's EarningsFebruary 12, 2024 | msn.comAkoustis receives Wi-Fi 7 design win from tier-1 U.S.-based carrierFebruary 8, 2024 | finance.yahoo.comAkoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi AP Solutions ProviderFebruary 6, 2024 | finance.yahoo.comAkoustis to Webcast Q2FY24 Results on February 13 at 8:00 am ETFebruary 2, 2024 | morningstar.comAkoustis Technologies Inc AKTSFebruary 2, 2024 | finance.yahoo.comAkoustis Technologies Founder Acquires 144% More StockFebruary 2, 2024 | finance.yahoo.comAkoustis Technologies Insiders Placed Bullish Bets Worth US$750.0kJanuary 29, 2024 | finance.yahoo.comAkoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option to Purchase Additional SharesJanuary 29, 2024 | msn.comAkoustis secures wBMS Design Win with Tier-1 automotive product supplierJanuary 25, 2024 | marketwatch.comAkoustis Technologies Shares Dive 32% on 20M-Share OfferingJanuary 25, 2024 | markets.businessinsider.comAkoustis Technologies Prices Offering Of 20 Mln Shares At $0.50 Per ShareJanuary 25, 2024 | msn.comWhy Akoustis Technologies (AKTS) Stock Is NosedivingJanuary 25, 2024 | finance.yahoo.comAkoustis Announces Pricing of Public Offering of $10.0 Million of Common StockJanuary 10, 2024 | finance.yahoo.comAkoustis Receives Wi-Fi 7 Design Win from Tier-1 Enterprise Wi-Fi AP ProviderJanuary 8, 2024 | finance.yahoo.comAkoustis to Attend the 26th Annual Needham Growth Conference on January 16, 2024January 5, 2024 | benzinga.comAkoustis Technologies Stock (NASDAQ:AKTS), Analyst Ratings, Price Targets, PredictionsJanuary 5, 2024 | msn.comPiper Sandler Downgrades Akoustis Technologies (AKTS)See More Headlines Receive AKTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Akoustis Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today3/29/2024Next Earnings (Estimated)5/13/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryN/A Current SymbolNASDAQ:AKTS CUSIPN/A CIK1584754 Webwww.akoustis.com Phone(704) 997-5735FaxN/AEmployees222Year FoundedN/APrice Target and Rating Average Stock Price Target$1.92 High Stock Price Target$3.00 Low Stock Price Target$1.00 Potential Upside/Downside+224.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.97) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-63,560,000.00 Net Margins-232.77% Pretax Margin-240.81% Return on Equity-80.80% Return on Assets-45.66% Debt Debt-to-Equity Ratio0.80 Current Ratio1.82 Quick Ratio1.44 Sales & Book Value Annual Sales$27.12 million Price / Sales2.15 Cash FlowN/A Price / Cash FlowN/A Book Value$1.20 per share Price / Book0.49Miscellaneous Outstanding Shares98,600,000Free Float93,081,000Market Cap$58.28 million OptionableOptionable Beta1.72 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jeffrey B. Shealy (Age 55)Founder, President, CEO & Director Comp: $719.24kMr. Kenneth E. Boller (Age 53)CFO & Corporate Controller Comp: $321.59kMr. David M. Aichele (Age 58)Executive Vice President of Business Development Comp: $348.52kMr. Andrew WrightGeneral Counsel & Corporate SecretaryMs. Mary WintersExecutive VP of Fab & Corporate OperationsMr. Kamran CheemaChief Product OfficerMore ExecutivesKey CompetitorsClearOneNASDAQ:CLRODZSNASDAQ:DZSIFranklin WirelessNASDAQ:FKWLSonim TechnologiesNASDAQ:SONMCommunications SystemsNASDAQ:JCSView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 119,861 shares on 3/11/2024Ownership: 3.678%Vanguard Group Inc.Sold 119,861 shares on 2/15/2024Ownership: 3.794%Barclays PLCBought 84,088 shares on 2/15/2024Ownership: 0.100%Wexford Capital LPBought 36,040 shares on 2/15/2024Ownership: 0.038%Citadel Advisors LLCSold 9,800 shares on 2/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions AKTS Stock Analysis - Frequently Asked Questions Should I buy or sell Akoustis Technologies stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AKTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AKTS, but not buy additional shares or sell existing shares. View AKTS analyst ratings or view top-rated stocks. What is Akoustis Technologies' stock price target for 2024? 3 analysts have issued 1-year target prices for Akoustis Technologies' shares. Their AKTS share price targets range from $1.00 to $3.00. On average, they predict the company's stock price to reach $1.92 in the next twelve months. This suggests a possible upside of 224.3% from the stock's current price. View analysts price targets for AKTS or view top-rated stocks among Wall Street analysts. How have AKTS shares performed in 2024? Akoustis Technologies' stock was trading at $0.8340 on January 1st, 2024. Since then, AKTS shares have decreased by 29.1% and is now trading at $0.5911. View the best growth stocks for 2024 here. Are investors shorting Akoustis Technologies? Akoustis Technologies saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 8,610,000 shares, an increase of 13.6% from the February 29th total of 7,580,000 shares. Based on an average daily volume of 948,700 shares, the short-interest ratio is presently 9.1 days. View Akoustis Technologies' Short Interest. When is Akoustis Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our AKTS earnings forecast. How were Akoustis Technologies' earnings last quarter? Akoustis Technologies, Inc. (NASDAQ:AKTS) posted its quarterly earnings results on Tuesday, February, 13th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.01. The technology company earned $7.02 million during the quarter, compared to analysts' expectations of $6.99 million. Akoustis Technologies had a negative net margin of 232.77% and a negative trailing twelve-month return on equity of 80.80%. During the same period last year, the firm posted ($0.19) EPS. What guidance has Akoustis Technologies issued on next quarter's earnings? Akoustis Technologies updated its third quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.7 million-$9.2 million, compared to the consensus revenue estimate of $8.5 million. What other stocks do shareholders of Akoustis Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Akoustis Technologies investors own include Inseego (INSG), NVIDIA (NVDA), Block (SQ), Editas Medicine (EDIT), Marvell Technology (MRVL), Alibaba Group (BABA), Invitae (NVTA), Advanced Micro Devices (AMD), CRISPR Therapeutics (CRSP) and JD.com (JD). Who are Akoustis Technologies' major shareholders? Akoustis Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.79%), Vanguard Group Inc. (3.68%), Senvest Management LLC (2.30%), West Tower Group LLC (0.92%), Northern Trust Corp (0.60%) and UBS Group AG (0.47%). Insiders that own company stock include Arthur Geiss, David Aichele, James Michael Mcguire, Jeffrey B Shealy, Kenneth Boller, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View institutional ownership trends. How do I buy shares of Akoustis Technologies? Shares of AKTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:AKTS) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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