NASDAQ:AKTS - Akoustis Technologies Stock Price, Forecast & News

Akoustis Technologies trades on the NASDAQ under the ticker symbol "AKTS."

Akoustis Technologies Inc (NASDAQ:AKTS) posted its quarterly earnings data on Thursday, November, 7th. The technology company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.07. The technology company earned $0.54 million during the quarter, compared to analysts' expectations of $0.59 million. Akoustis Technologies had a negative return on equity of 105.40% and a negative net margin of 1,843.77%. View Akoustis Technologies' Earnings History.

Akoustis Technologies is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Akoustis Technologies.

4 brokers have issued 1-year price objectives for Akoustis Technologies' shares. Their forecasts range from $7.00 to $12.00. On average, they expect Akoustis Technologies' share price to reach $10.00 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akoustis Technologies.

News headlines about AKTS stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Akoustis Technologies earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Akoustis Technologies.

Some companies that are related to Akoustis Technologies include Plantronics (PLT), Telkom SA Ltd ADS (TLKGY), NetGear (NTGR), AudioCodes (AUDC), ADTRAN (ADTN), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Sonim Technologies (SONM), Communications Systems (JCS), AltiGen Communications (ATGN), Clearone (CLRO), Franklin Wireless (FKWL), Zoom Telephonics (ZMTP), Westell Technologies (WSTL) and Sunworks (SUNW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Akoustis Technologies investors own include Verizon Communications (VZ), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP), NVIDIA (NVDA), Editas Medicine (EDIT), Skyworks Solutions (SWKS), Micron Technology (MU), QUALCOMM (QCOM), Smart Global (SGH) and Alibaba Group (BABA).

Akoustis Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Eidelman Virant Capital (0.14%) and Endurance Wealth Management Inc. (0.02%). Company insiders that own Akoustis Technologies stock include Arthur Geiss, David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, John T Kurtzweil, Kenneth Boller, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View Institutional Ownership Trends for Akoustis Technologies.

AKTS stock was purchased by a variety of institutional investors in the last quarter, including Eidelman Virant Capital and Endurance Wealth Management Inc.. View Insider Buying and Selling for Akoustis Technologies.

Shares of AKTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AKTS stock can currently be purchased for approximately $8.87.

Akoustis Technologies has a market capitalization of $320.77 million and generates $1.44 million in revenue each year. Akoustis Technologies employs 69 workers across the globe.View Additional Information About Akoustis Technologies.

The official website for Akoustis Technologies is http://www.akoustis.com/.

Akoustis Technologies' mailing address is 9805 NORTHCROSS CENTER COURT SUITE A, HUNTERSVILLE NC, 28078. The technology company can be reached via phone at 704-997-5735 or via email at [email protected]