Akoustis Technologies Inc has a consensus price target of $5.35, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Oppenheimer, and B. Riley Securities on January 4, 2024, September 7, 2023, and September 7, 2023. With an average price target of $1.92 between Piper Sandler, Oppenheimer, and B. Riley Securities, there's an implied 225.96% upside for Akoustis Technologies Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
01/04/2024 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 70.07% | Piper Sandler | Harsh Kumar | $2 → $1 | Downgrade | Overweight → Neutral | Get Alert |
09/07/2023 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 410.2% | Oppenheimer | Rick Schafer | $6 → $3 | Maintains | Outperform | Get Alert |
09/07/2023 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 197.62% | B. Riley Securities | Craig Ellis | $9.25 → $1.75 | Downgrade | Buy → Neutral | Get Alert |
05/09/2023 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 920.41% | Oppenheimer | Rick Schafer | $7 → $6 | Maintains | Outperform | Get Alert |
05/09/2023 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 750.34% | Roth MKM | Suji Desilva | $10 → $5 | Maintains | Buy | Get Alert |
01/24/2023 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 1473.13% | B. Riley Securities | Craig Ellis | → $9.25 | Initiates | → Buy | Get Alert |
11/15/2022 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 1090.48% | Oppenheimer | Rick Schafer | $8 → $7 | Maintains | Outperform | Get Alert |
09/13/2022 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 750.34% | Piper Sandler | Harsh Kumar | $7 → $5 | Maintains | Overweight | Get Alert |
05/03/2022 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 1090.48% | Piper Sandler | Harsh Kumar | $10.5 → $7 | Maintains | Overweight | Get Alert |
11/02/2021 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 2110.88% | Oppenheimer | Rick Schafer | — | Maintains | Outperform | Get Alert |
05/04/2021 | AKTS | Buy Now | Akoustis Technologies | $0.59 | 2621.09% | Roth Capital | — | — | Maintains | Buy | Get Alert |
The latest price target for Akoustis Technologies (NASDAQ: AKTS) was reported by Piper Sandler on January 4, 2024. The analyst firm set a price target for $1.00 expecting AKTS to rise to within 12 months (a possible 70.07% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Akoustis Technologies (NASDAQ: AKTS) was provided by Piper Sandler, and Akoustis Technologies downgraded their neutral rating.
There is no last upgrade for Akoustis Technologies.
The last downgrade for Akoustis Technologies Inc happened on January 4, 2024 when Piper Sandler changed their price target from $2 to $1 for Akoustis Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Akoustis Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Akoustis Technologies was filed on January 4, 2024 so you should expect the next rating to be made available sometime around January 4, 2025.
While ratings are subjective and will change, the latest Akoustis Technologies (AKTS) rating was a downgraded with a price target of $2.00 to $1.00. The current price Akoustis Technologies (AKTS) is trading at is $0.59, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.