Akoustis Technologies Future Growth

Future criteria checks 2/6

Akoustis Technologies is forecast to grow earnings and revenue by 28% and 36.3% per annum respectively while EPS is expected to grow by 44.7% per annum.

Key information

28.0%

Earnings growth rate

44.7%

EPS growth rate

Electronic earnings growth	13.3%
Revenue growth rate	36.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost

Dec 23

Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?

Jul 07

Akoustis Technologies secures fourth design win for a new 5G mobile network filter

Sep 28

Akoustis Technologies Non-GAAP EPS of -$0.26 misses by $0.05, revenue of $5.2M misses by $0.98M

Sep 12

Akoustis Technologies receives development order for two diplexers from Fortune 100 company

Aug 24

We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right

Oct 22

We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate

Oct 10

Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt

Sep 14

Akoustis Technologies Is Disrupting The Global RF-Filter Market

Aug 18

Akoustis receives WiFi 6E design win from the new tier-1 customer

Jun 17

Akoustis Technologies EPS beats by $0.06, beats on revenue

May 03

Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?

Mar 10

Don't Ignore The Fact That This Insider Just Sold Some Shares In Akoustis Technologies, Inc. (NASDAQ:AKTS)

Feb 12

Akoustis Technologies EPS misses by $0.07, beats on revenue

Feb 01

Akoustis receives volume order for its 5.5 GHz and 6.5 GHz XBAW® WiFi solutions

Jan 29

Did Akoustis Technologies, Inc. (NASDAQ:AKTS) Insiders Buy Up More Shares?

Jan 26

Earnings and Revenue Growth Forecasts

NasdaqCM:AKTS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	72	N/A	N/A	N/A	1
6/30/2025	53	-45	N/A	N/A	5
6/30/2024	33	-61	N/A	N/A	5
12/31/2023	30	-69	-52	-43	N/A
9/30/2023	29	-65	-54	-43	N/A
6/30/2023	27	-64	-56	-45	N/A
3/31/2023	24	-62	-64	-48	N/A
12/31/2022	21	-61	-71	-48	N/A
9/30/2022	19	-65	-74	-47	N/A
6/30/2022	15	-59	-73	-45	N/A
3/31/2022	12	-53	-65	-41	N/A
12/31/2021	10	-48	-58	-37	N/A
9/30/2021	8	-45	-50	-34	N/A
6/30/2021	7	-44	-42	-29	N/A
3/31/2021	5	-44	-40	-27	N/A
12/31/2020	3	-42	-36	-25	N/A
9/30/2020	2	-39	-34	-23	N/A
6/30/2020	2	-36	-31	-21	N/A
3/31/2020	2	-32	-28	-21	N/A
12/31/2019	2	-33	-29	-21	N/A
9/30/2019	2	-31	-24	-19	N/A
6/30/2019	1	-29	-23	-18	N/A
3/31/2019	1	-30	-23	-17	N/A
12/31/2018	1	-26	-20	-16	N/A
9/30/2018	1	-24	-23	-17	N/A
6/30/2018	1	-22	-21	-14	N/A
3/31/2018	1	-17	-19	-13	N/A
12/31/2017	1	-15	-16	-10	N/A
9/30/2017	1	-12	N/A	-6	N/A
6/30/2017	0	-10	N/A	-6	N/A
3/31/2017	0	-10	N/A	-5	N/A
12/31/2016	0	-9	N/A	-4	N/A
9/30/2016	0	-6	N/A	-4	N/A
6/30/2016	0	-5	N/A	-3	N/A
3/31/2016	N/A	-4	N/A	-3	N/A
12/31/2015	N/A	-3	N/A	-2	N/A
9/30/2015	N/A	-2	N/A	-2	N/A
6/30/2015	N/A	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKTS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AKTS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AKTS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AKTS's revenue (36.3% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: AKTS's revenue (36.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AKTS's Return on Equity is forecast to be high in 3 years time

Akoustis Technologies Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates upgraded to US$0.73 loss

Akoustis Technologies, Inc. Reiterates Revenue Guidance for the March Quarter of 2024

Consensus revenue estimates fall by 34%

Consensus EPS estimates upgraded to US$0.99 loss, revenue downgraded

Price target decreased by 14% to US$6.65

Consensus EPS estimates upgraded to US$1.10 loss

Recent updates

Akoustis Technologies, Inc. Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications

Consensus EPS estimates upgraded to US$0.73 loss

Second quarter 2024 earnings: EPS exceeds analyst expectations

Akoustis Technologies, Inc. Receives Wi-Fi 7 Design Win from Tier-1 US-Based Carrier

Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi Ap Solutions Provider

New minor risk - Shareholder dilution

Akoustis Technologies, Inc. has completed a Follow-on Equity Offering in the amount of $10 million.

Akoustis Technologies, Inc. Receives Wi-Fi 7 Design Win from Tier-1 Enterprise Wi-Fi AP Provider

Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost

Akoustis Technologies, Inc. Reiterates Revenue Guidance for the March Quarter of 2024

First quarter 2024 earnings: EPS misses analyst expectations

Akoustis Technologies, Inc. Receives A Written Notice from Nasdaq Regarding Minimum Bid Price Requirement

Akoustis Technologies, Inc. Receives A Written Notice from Nasdaq Regarding Minimum Bid Price Requirement

New major risk - Share price stability

Akoustis Technologies, Inc. Introduces Enhanced BAW RF Filter for Wi-Fi 6E & 7 Applications

Akoustis Technologies, Inc., Annual General Meeting, Nov 02, 2023

Consensus revenue estimates fall by 34%

Full year 2023 earnings: EPS misses analyst expectations

Insufficient new directors

Akoustis Technologies, Inc. Sampling New Advanced Single-Crystal Xbaw®? Filter with Tier-1 Wi-Fi Customer

Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?

Akoustis Technologies, Inc.(NasdaqCM:AKTS) dropped from Russell Small Cap Comp Value Index

Akoustis Technologies, Inc. Launches State-of-the-Art XBAW® Foundry Services and AI-Enabled Engineering Design Software

Akoustis Introduces Advanced BAW RF Filters for Wi-Fi 6E & 7 Applications

Consensus EPS estimates upgraded to US$0.99 loss, revenue downgraded

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 14% to US$6.65

Consensus EPS estimates upgraded to US$1.10 loss

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Akoustis Technologies, Inc. has completed a Follow-on Equity Offering in the amount of $30 million.

Akoustis Technologies, Inc. Provides Preliminary Revenue Guidance for the Three Months Ended December 31, 2022

Akoustis Technologies, Inc. Completes Qualification of First Wafer-Level-Packages for 5G Mobile & Other Markets

Consensus EPS estimates fall by 16%

First quarter 2023 earnings: EPS misses analyst expectations

Insufficient new directors

Akoustis Announces Next Generation Wi-Fi 6E and Wi-Fi 7 Filter Solutions

Akoustis Technologies secures fourth design win for a new 5G mobile network filter

Akoustis Technologies, Inc., Annual General Meeting, Nov 10, 2022

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues miss analyst expectations

Akoustis Technologies, Inc. Provides Revenue Guidance for the First Quarter Ending September 30, 2022

Akoustis Technologies Non-GAAP EPS of -$0.26 misses by $0.05, revenue of $5.2M misses by $0.98M

Akoustis Technologies receives development order for two diplexers from Fortune 100 company

Akoustis ships second 5G mobile filter design to first foundry customer

Akoustis: Still Bullish On Its Speculative Growth Thesis

Akoustis Technologies, Inc. Appoints Kamran Cheema as Chief Product Officer

Third quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to US$11.38

Insufficient new directors

Akoustis Technologies, Inc. (NasdaqCM:AKTS) agreed to acquire 49% stake in RFM Integrated Device, Inc. from Tai-Saw Technology Co.,Ltd. (TPEX:3221) for $7.5 million.

Akoustis Is Rapidly Ramping Up Production

Founder exercised options to buy US$91k worth of stock.

Akoustis Technologies, Inc. Promotes Ken Boller to Chief Financial Officer

Consensus revenue estimates fall by 13%

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Akoustis: Valuation Metrics Show Disruptor Is Severely Undervalued

Independent Co-Chairman of the Board notifies of intention to sell stock

First quarter 2022 earnings released: US$0.25 loss per share (vs US$0.31 loss in 1Q 2021)

Price target decreased to US$14.88

We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right

We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate

Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt

Full year 2021 earnings released: US$1.02 loss per share (vs US$1.07 loss in FY 2020)

Akoustis Technologies, Inc. Receives Wifi 6E Design Win for MU-MIMO Gateway

Akoustis Technologies Is Disrupting The Global RF-Filter Market

Akoustis Technologies, Inc. Receives WiFi 6E Design Win from New Tier-1 Customer

Akoustis receives WiFi 6E design win from the new tier-1 customer

Akoustis Technologies, Inc. Secures WiFi 6E Reference Design with Third SoC Maker

Third quarter 2021 earnings released: US$0.22 loss per share (vs US$0.21 loss in 3Q 2020)