NASDAQ:AKTS Akoustis Technologies (AKTS) Stock Price, News & Analysis → [FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks (From Crypto 101 Media) (Ad) Free AKTS Stock Alerts $0.22 +0.02 (+12.04%) (As of 05/31/2024 08:50 PM ET) Add Compare Share Share Today's Range$0.18▼$0.2250-Day Range$0.14▼$0.6052-Week Range$0.13▼$3.57Volume7.97 million shsAverage Volume7.16 million shsMarket Capitalization$21.21 millionP/E RatioN/ADividend YieldN/APrice Target$1.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Akoustis Technologies alerts: Email Address Akoustis Technologies MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside791.5% Upside$1.92 Price TargetShort InterestHealthy8.23% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.70) to ($0.41) 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.2.32 out of 5 starsComputer And Technology Sector405th out of 596 stocksTelephone & Telegraph Apparatus Industry8th out of 11 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.Amount of Analyst CoverageAkoustis Technologies has received no research coverage in the past 90 days.Read more about Akoustis Technologies' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted8.23% 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 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Akoustis Technologies has recently decreased by 18.56%, indicating that investor sentiment is improving 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 3.1 News and Social Media Coverage News SentimentAkoustis Technologies has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Akoustis Technologies this week, compared to 1 article on an average week.Search Interest16 people have searched for AKTS on MarketBeat in the last 30 days. This is an increase of 1,500% compared to the previous 30 days.MarketBeat Follows7 people have added Akoustis Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Akoustis Technologies insiders have not sold or bought any 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.Read more about Akoustis Technologies' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Akoustis Technologies are expected to grow in the coming year, from ($0.70) to ($0.41) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akoustis Technologies is -0.22, 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 -0.22, 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 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Akoustis Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressDems have chosen Biden replacement?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.See who it is 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 HeadlinesMay 27, 2024 | investorplace.com3 Penny Stocks That Could Turn Your $1 Into a WindfallMay 22, 2024 | marketwatch.comAkoustis Technologies Updates XBAW Design, Announces $10M OfferingMay 22, 2024 | msn.comWhy Akoustis Technologies Stock Is SurgingMay 22, 2024 | finance.yahoo.comAkoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq RulesMay 22, 2024 | globenewswire.comAkoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq RulesMay 22, 2024 | investorplace.comWhy Is Akoustis Technologies (AKTS) Stock Up 158% Today?May 22, 2024 | globenewswire.comAkoustis Completes Rollout of its XBAW® Design UpdatesMay 20, 2024 | marketwatch.comAkoustis Technologies Warns It Could Cease Operations After Patent Case LossMay 20, 2024 | benzinga.comUS Stocks Mixed; Li Auto Shares Plummet After Q1 ResultsMay 20, 2024 | msn.comWhy Akoustis Technologies (AKTS) Shares Are Getting HammeredMay 14, 2024 | insidermonkey.comAkoustis Technologies, Inc. (NASDAQ:AKTS) Q3 2024 Earnings Call TranscriptMay 14, 2024 | finance.yahoo.comAkoustis Technologies Third Quarter 2024 Earnings: Misses ExpectationsMay 14, 2024 | finance.yahoo.comAkoustis Technologies Inc (AKTS) Q3 2024 Earnings Call Transcript Highlights: Navigating ...May 14, 2024 | gurufocus.comQ3 2024 Akoustis Technologies Inc Earnings Call TranscriptMay 13, 2024 | msn.comWhy Akoustis Technologies Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day SessionMay 13, 2024 | globenewswire.comAkoustis Reports Third Quarter FY24 ResultsMay 1, 2024 | globenewswire.comAkoustis Receives Two Design Wins with Tier-1 Network Infrastructure CustomerApril 11, 2024 | markets.businessinsider.com7 Penny Stocks if You Believe Lady Luck’s on Your SideApril 11, 2024 | investorplace.com7 Penny Stocks if You Believe Lady Luck's on Your SideApril 8, 2024 | globenewswire.comAkoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEMApril 3, 2024 | globenewswire.comAkoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point ApplicationsMarch 11, 2024 | globenewswire.comAkoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024March 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 19-20See 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 Earnings5/13/2024Today6/02/2024Fiscal Year End6/30/2024Next Earnings (Estimated)9/04/2024Get 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+791.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-63,560,000.00 Net Margins-257.56% Pretax Margin-257.64% Return on Equity-98.96% Return on Assets-50.37% Debt Debt-to-Equity Ratio1.00 Current Ratio1.57 Quick Ratio1.29 Sales & Book Value Annual Sales$29.86 million Price / Sales0.71 Cash FlowN/A Price / Cash FlowN/A Book Value$0.42 per share Price / Book0.51Miscellaneous Outstanding Shares98,669,000Free Float93,144,000Market Cap$21.21 million OptionableOptionable Beta1.66 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsCommunications SystemsNASDAQ:JCSDZSNASDAQ:DZSIFranklin WirelessNASDAQ:FKWLSonim TechnologiesNASDAQ:SONMPineapple EnergyNASDAQ:PEGYView All CompetitorsInsiders & InstitutionsAdalta Capital Management LLCBought 160,000 shares on 5/17/2024Ownership: 0.162%AWM Investment Company Inc.Bought 1,537,008 shares on 5/16/2024Ownership: 1.559%Silverback Asset Management LLCBought 817,938 shares on 5/14/2024Ownership: 4.298%Vanguard Group Inc.Bought 198,149 shares on 5/10/2024Ownership: 3.879%Perkins Capital Management Inc.Bought 1,798,500 shares on 5/10/2024Ownership: 2.439%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 year. 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 12-month target prices for Akoustis Technologies' shares. Their AKTS share price targets range from $1.00 to $3.00. On average, they expect the company's stock price to reach $1.92 in the next year. This suggests a possible upside of 791.5% 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 stock has decreased by 74.2% and is now trading at $0.2150. View the best growth stocks for 2024 here. Are investors shorting Akoustis Technologies? Akoustis Technologies saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 8,120,000 shares, a drop of 18.6% from the April 30th total of 9,970,000 shares. Based on an average daily trading volume, of 10,450,000 shares, the short-interest ratio is presently 0.8 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 Wednesday, September 4th 2024. View our AKTS earnings forecast. How were Akoustis Technologies' earnings last quarter? Akoustis Technologies, Inc. (NASDAQ:AKTS) announced its earnings results on Monday, May, 13th. The technology company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by $0.02. The technology company earned $7.51 million during the quarter, compared to the consensus estimate of $8.56 million. Akoustis Technologies had a negative trailing twelve-month return on equity of 98.96% and a negative net margin of 257.56%. During the same period in the prior year, the business earned ($0.20) earnings per share. What guidance has Akoustis Technologies issued on next quarter's earnings? Akoustis Technologies issued an update on its fourth quarter 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.9 million-$8.3 million, compared to the consensus revenue estimate of $9.8 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 many different institutional and retail investors. Top institutional investors include Silverback Asset Management LLC (4.30%), Vanguard Group Inc. (3.88%), Taylor Frigon Capital Management LLC (3.41%), Perkins Capital Management Inc. (2.44%), AWM Investment Company Inc. (1.56%) and AMH Equity Ltd (0.25%). 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 6/3/2024 by MarketBeat.com Staff From Our PartnersTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden Nomination CANCELED?The Freeport SocietyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsWrite this ticker symbol down…StocksToTradeShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBill Gates is all about this tiny $2 stockTimothy SykesBiden replacement revealed?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Akoustis Technologies, Inc. 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