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

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

Akoustis Technologies Inc (NASDAQ:AKTS) announced its earnings results on Thursday, November, 7th. The technology company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.07. The technology company had revenue of $0.54 million for the quarter, compared to analysts' expectations of $0.59 million. Akoustis Technologies had a negative net margin of 1,843.77% and a negative return on equity of 105.40%. 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 analysts have issued twelve-month price objectives for Akoustis Technologies' stock. Their forecasts range from $7.00 to $12.00. On average, they anticipate Akoustis Technologies' stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 16.3% 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 stories about AKTS stock have been trending extremely negative on Sunday, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Akoustis Technologies earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Akoustis Technologies.

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

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

Akoustis Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Taylor Frigon Capital Management LLC (0.52%), 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 Taylor Frigon Capital Management LLC, 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 $8.60.

Akoustis Technologies has a market capitalization of $310.98 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]