Akoustis Technologies (AKTS) Stock Forecast & Price Target

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$0.53

-0.05 (-8.69%)

(As of 04/15/2024 ET)

Akoustis Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$1.92
264.80% Upside

High Forecast	$3.00
Average Forecast	$1.92
Low Forecast	$1.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$1.92	$1.92	$1.92	$7.06
Predicted Upside	264.80% Upside	82.42% Upside	82.42% Upside	96.65% Upside

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AKTS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AKTS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Akoustis Technologies Stock vs. The Competition

Type	Akoustis Technologies	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.33	2.58	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	264.80% Upside	112.85% Upside	11.22% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
1/4/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$2.00 ➝ $1.00	+31.06%
9/7/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$6.00 ➝ $3.00	+158.62%
9/6/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$9.25 ➝ $1.75	+42.39%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:06 AM ET.

AKTS Price Target - Frequently Asked Questions

What is Akoustis Technologies's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for Akoustis Technologies stock is Hold based on the current 2 hold ratings and 1 buy rating for AKTS. The average twelve-month price prediction for Akoustis Technologies is $1.92 with a high price target of $3.00 and a low price target of $1.00. Learn more on AKTS's analyst rating history.
Do Wall Street analysts like Akoustis Technologies more than its competitors?: Analysts like Akoustis Technologies less than other Computer and Technology companies. The consensus rating for Akoustis Technologies is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how AKTS compares to other companies.
Does Akoustis Technologies's stock price have much upside?: According to analysts, Akoustis Technologies's stock has a predicted upside of 82.42% based on their 12-month stock forecasts.

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This page (NASDAQ:AKTS) was last updated on 4/16/2024 by MarketBeat.com Staff

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Akoustis Technologies (AKTS) Stock Forecast & Price Target

Akoustis Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

AKTS Analyst Ratings By Month

AKTS Price Targets by Month

Akoustis Technologies Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

AKTS Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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