Akoustis Technologies, Inc. (AKTS): Price and Financial Metrics

Akoustis Technologies, Inc. (AKTS): $2.89

0.09 (+3.21%)

POWR Rating

Component Grades














  • AKTS scores best on the Sentiment dimension, with a Sentiment rank ahead of 70.2% of US stocks.
  • The strongest trend for AKTS is in Growth, which has been heading up over the past 179 days.
  • AKTS's current lowest rank is in the Quality metric (where it is better than 0.87% of US stocks).

AKTS Stock Summary

  • With a price/sales ratio of 9.5, AKOUSTIS TECHNOLOGIES INC has a higher such ratio than 88.78% of stocks in our set.
  • With a year-over-year growth in debt of 11,402.6%, AKOUSTIS TECHNOLOGIES INC's debt growth rate surpasses 99.67% of about US stocks.
  • Revenue growth over the past 12 months for AKOUSTIS TECHNOLOGIES INC comes in at 107.97%, a number that bests 93.32% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to AKTS, based on their financial statements, market capitalization, and price volatility, are SLDP, BTAI, PRVB, YMAB, and VERU.
  • Visit AKTS's SEC page to see the company's official filings. To visit the company's web site, go to www.akoustis.com.

AKTS Valuation Summary

  • AKTS's price/sales ratio is 9.8; this is 308.33% higher than that of the median Technology stock.
  • AKTS's EV/EBIT ratio has moved up 2167.1 over the prior 95 months.

Below are key valuation metrics over time for AKTS.

Stock Date P/S P/B P/E EV/EBIT
AKTS 2023-03-21 9.8 2.6 -3.4 -3.3
AKTS 2023-03-20 9.2 2.5 -3.2 -3.1
AKTS 2023-03-17 9.8 2.6 -3.4 -3.4
AKTS 2023-03-16 10.8 2.9 -3.7 -3.7
AKTS 2023-03-15 10.7 2.9 -3.7 -3.6
AKTS 2023-03-14 11.0 3.0 -3.8 -3.8

AKTS Growth Metrics

    The 2 year revenue growth rate now stands at 517.29%.
  • Its year over year price growth rate is now at -54.96%.
  • Its 3 year price growth rate is now at -45.31%.
Over the past 70 months, AKTS's revenue has gone up $20,773,968.

The table below shows AKTS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 21.242 -47.877 -61.161
2022-09-30 19.049 -47.497 -65.269
2022-06-30 15.35 -45.195 -59.027
2022-03-31 12.304 -40.578 -52.92
2021-12-31 10.214 -36.732 -48.409
2021-09-30 7.85 -34.139 -45.055

AKTS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • AKTS has a Quality Grade of F, ranking ahead of 0.22% of graded US stocks.
  • AKTS's asset turnover comes in at 0.07 -- ranking 196th of 208 Electronic Equipment stocks.
  • MXL, MVIS, and EMAN are the stocks whose asset turnover ratios are most correlated with AKTS.

The table below shows AKTS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.070 -0.516 -1.218
2021-06-30 0.068 -0.609 -1.065
2021-03-31 0.057 -0.719 -0.932
2020-12-31 0.039 -1.073 -0.840
2020-09-30 0.028 -0.979 -0.797
2020-06-30 0.029 -0.349 -0.789

AKTS Price Target

For more insight on analysts targets of AKTS, see our AKTS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $16.13 Average Broker Recommendation 1.38 (Strong Buy)

AKTS Stock Price Chart Interactive Chart >

Price chart for AKTS

AKTS Price/Volume Stats

Current price $2.89 52-week high $7.13
Prev. close $2.80 52-week low $2.28
Day low $2.78 Volume 475,900
Day high $2.90 Avg. volume 848,549
50-day MA $3.62 Dividend yield N/A
200-day MA $3.60 Market Cap 206.79M

Akoustis Technologies, Inc. (AKTS) Company Bio

Akoustis Technologies, Inc. operates in the telecommunications and fiber optics sector. The company designs and manufactures various radio frequency (RF) filters enabling the RF front-end of mobile wireless devices, such as smartphones and tablets. The company was founded in 2014 and is based in Huntersville, North Carolina.

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Latest AKTS News From Around the Web

Below are the latest news stories about AKOUSTIS TECHNOLOGIES INC that investors may wish to consider to help them evaluate AKTS as an investment opportunity.

Akoustis Appoints Michelle L. Petock, CEO of W Greig & Company, to its Board of Directors

Charlotte, N.C., March 23, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has appointed Michelle L. Petock as a new member of its board of directors. The appointment brings the total number of board members to eight. Ms. Petock will serve on the Strategic Development Committee and

Yahoo | March 23, 2023

Shareholders in Akoustis Technologies (NASDAQ:AKTS) have lost 50%, as stock drops 13% this past week

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Yahoo | March 12, 2023

Akoustis to Attend the 35th Annual Roth Conference on March 13th, 2023

Charlotte, N.C., March 08, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that Founder and CEO Jeff Shealy will attend the 35th Annual Roth Conference being held at the Ritz-Carlton, Laguna Nigel in Orange County, CA on March 12-14, 2023. Investors are invited to request a meeting with Ako

Yahoo | March 8, 2023

Is Akoustis Technologies (AKTS) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Akoustis (AKTS) and Okta (OKTA) have performed compared to their sector so far this year.

Yahoo | March 7, 2023

12 Most Promising Growth Stocks According to Analysts

In this article, we will take a look at the 12 most promising growth stocks according to analysts. To see more such companies, go directly to 5 Most Promising Growth Stocks According to Analysts. Which stocks perform better? Growth or value? This age-old growth versus value debate has been around ever since people started investing […]

Yahoo | February 25, 2023

Read More 'AKTS' Stories Here

AKTS Price Returns

1-mo -20.17%
3-mo 16.53%
6-mo -3.67%
1-year -58.60%
3-year -36.20%
5-year -56.48%
YTD 2.48%
2022 -57.78%
2021 -45.38%
2020 52.88%
2019 60.97%
2018 -20.22%

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