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Akoustis Technologies Analyst Ratings

Benzinga ·  Sep 7, 2023 08:38
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/07/2023 50.86% B. Riley Securities $9.25 → $1.75 Downgrades Buy → Neutral
05/09/2023 417.24% Oppenheimer $7 → $6 Maintains Outperform
05/09/2023 331.03% Roth MKM $10 → $5 Maintains Buy
01/24/2023 697.41% B. Riley Securities → $9.25 Initiates Coverage On → Buy
11/15/2022 503.45% Oppenheimer $8 → $7 Maintains Outperform
09/13/2022 331.03% Piper Sandler $7 → $5 Maintains Overweight
05/03/2022 503.45% Piper Sandler $10.5 → $7 Maintains Overweight
11/02/2021 1020.69% Oppenheimer $18 → $13 Maintains Outperform
05/04/2021 1279.31% Roth Capital $25 → $16 Maintains Buy
01/04/2021 1279.31% Roth Capital $12 → $16 Maintains Buy
12/20/2019 503.45% Northland Capital Markets $7.4 → $7 Maintains Market Perform
09/18/2019 Northland Capital Markets Downgrades Outperform → Market Perform
07/10/2019 Northland Capital Markets Upgrades Market Perform → Outperform
02/05/2019 Northland Capital Markets Downgrades Outperform → Market Perform

What is the target price for Akoustis Technologies (AKTS)?

The latest price target for Akoustis Technologies (NASDAQ: AKTS) was reported by B. Riley Securities on September 7, 2023. The analyst firm set a price target for $1.75 expecting AKTS to rise to within 12 months (a possible 50.86% upside). 6 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Akoustis Technologies (AKTS)?

The latest analyst rating for Akoustis Technologies (NASDAQ: AKTS) was provided by B. Riley Securities, and Akoustis Technologies downgraded their neutral rating.

When is the next analyst rating going to be posted or updated for Akoustis Technologies (AKTS)?

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 September 7, 2023 so you should expect the next rating to be made available sometime around September 7, 2024.

Is the Analyst Rating Akoustis Technologies (AKTS) correct?

While ratings are subjective and will change, the latest Akoustis Technologies (AKTS) rating was a downgraded with a price target of $9.25 to $1.75. The current price Akoustis Technologies (AKTS) is trading at is $1.16, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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