In a report released today, Anthony Stoss from Craig-Hallum maintained a Buy rating on Akoustis Technologies (AKTS – Research Report). The company’s shares opened today at $0.49.
Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, Digi International, and Semtech. According to TipRanks, Stoss has an average return of 7.6% and a 50.27% success rate on recommended stocks.
Currently, the analyst consensus on Akoustis Technologies is a Strong Buy with an average price target of $2.58.
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AKTS market cap is currently $35.11M and has a P/E ratio of -0.48.
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Akoustis Technologies (AKTS) Company Description:
Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment consists of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.
Read More on AKTS:
- Akoustis Receives Purchase Order for Three BAW Filter Designs from 5G Mobile and Wi-Fi Router RF Front-End Customer
- AKTS Earnings this Week: How Will it Perform?
- Akoustis Introduces Enhanced BAW RF Filter for Wi-Fi 6E & 7 Applications
- Akoustis introduces enhanced BAW RF filter for Wi-Fi 6E, 7 applications
- Akoustis to Attend Wi-Fi World Congress North America 2023 Conference in Toronto from September 18-20
