Akoustis Technologies Future Growth

Future criteria checks 2/6

Akoustis Technologies is forecast to grow revenue at 41% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Electronic earnings growth	18.2%
Revenue growth rate	41.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	11 Aug 2024

Recent future growth updates

Recent updates

Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Aug 12

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 29%

Jun 28

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 27%

May 14

It's Down 27% But Akoustis Technologies, Inc. (NASDAQ:AKTS) Could Be Riskier Than It Looks

May 14

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

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	62	N/A	N/A	N/A	1
6/30/2025	39	-48	N/A	N/A	3
9/30/2024	29	-154	-41	-39	N/A
6/30/2024	27	-168	-46	-40	N/A
3/31/2024	30	-77	-48	-41	N/A
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	N/A	-14	N/A
3/31/2018	1	-17	N/A	-13	N/A
12/31/2017	1	-15	N/A	-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: Insufficient data to determine if AKTS's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if AKTS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if AKTS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AKTS's revenue (41% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: AKTS's revenue (41% 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

Price target increased by 7.1% to US$1.50

Consensus EPS estimates fall by 21%

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

Recent updates

Akoustis Technologies, Inc. announced delayed annual 10-K filing

Akoustis Technologies, Inc., Annual General Meeting, Nov 14, 2024

The Nasdaq Stock Market LLC Determines to Delist Akoustis Technologies' Common Stock from The Nasdaq Capital Market

Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Akoustis Technologies, Inc. Announces Chief Executive Officer Changes

New major risk - Market cap size

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 29%

Akoustis Technologies, Inc. Announces Resignation of J. Michael McGuire, A Member of the Board of Directors

New major risk - Shareholder dilution

Akoustis Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $9.9605 million.

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

Price target increased by 7.1% to US$1.50

Consensus EPS estimates fall by 21%

Akoustis Technologies, Inc. Reports Unaudited Impairment Charges for the Third Quarter Ended March 31, 2024

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 27%

It's Down 27% But Akoustis Technologies, Inc. (NASDAQ:AKTS) Could Be Riskier Than It Looks

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Akoustis Technologies, Inc. to Report Q3, 2024 Results on May 13, 2024

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