Akoustis Technologies (AKTS)

$0.037 0%

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AI Score

Sell
  • Alternative

    4
  • Fundamental

    7
  • Technical

    1

Our AI score evaluates a company's performance on a scale from 0 to 10 by analyzing alternative data points — web traffic, app downloads, job postings, etc - along with financial health and technical signals. Scores below 4 project bearish performance, while scores above 6 project bullish performance.

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AKTS AI Stock Analysis

Financial Performance

Akoustis Technologies' financial performance appears to be struggling. The company's revenue of $5.9M is down by -22% from the previous quarter and -16.4% YoY, indicating a downward trend in sales. Gross profit was -$635K, showing a significant drop of -281.9% from the previous quarter, which suggests that costs are not being effectively managed. Operating income also shows a concerning decline at -$50.7M, down by -124.3% QoQ and -134.2% YoY.

Stock Price

The stock price has seen an uptick of 53.8% in the last month but it is still down by -83.9% YoY, which indicates high volatility and potential risk for investors. The RSI value at 58.19 suggests that the stock is nearing overbought territory while its 200-day moving average at $0.27 signifies a bearish trend.

Alternative Data Signals

Website traffic trends show a slight decrease with an estimated 12267 visitors per month, down by -1%. Job postings have also decreased by -25%, suggesting potential cost-cutting or reduced growth expectations within the company.

The business outlook among employees appears to be negative with only an estimated 31% reporting a positive outlook which may affect morale and productivity in the long run.

Social media followership has shown moderate growth over the past three months on both Twitter (8.6%) and Facebook (7.4%), but these numbers are relatively small which could indicate limited public interest or engagement with Akoustis Technologies.

Conclusion

In conclusion, Akoustis Technologies' stock performance is bearish. The company's financial performance and business outlook are concerning, with declining revenue and profitability ratios. While the recent uptick in stock price provides some positive news, the overall trend remains negative.

Note: This AI Stock Analysis is based on data as of November 22. Our members can refresh and get access to an up-to-date AI stock analysis.

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AKTS Price Prediction

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Akoustis Technologies (AKTS), currently trading at $0.037, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.

About AKTS

LSE
  • Akoustis Technologies, Inc.

  • Symbol

    AKTS

  • Market

    NASDAQ

  • Industry

    Communication Equipment

  • Market Cap

    5.8M

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AKTS Alternative Data

News Mentions

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Twitter Followers

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Facebook Engagement

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LinkedIn Followers

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Job Postings

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LinkedIn Employees

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Web Traffic

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Business Outlook

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AKTS Financials

AKTS Key Metrics
  • Total Revenue

    $9M

  • Net Income

    -$6.4M

  • Earnings per Share

    -$0.0416

  • Free cash flow

    -$12.2M

  • EBITDA

    -$4M

  • EBITDA Ratio

    -0.445441

  • Total Assets

    $57.4M

AKTS 2-year Revenue & Income
AKTS 2-year Free Cash Flow

AKTS Technicals

AKTS SMA
AKTS RSI

FAQ

What's the current price of Akoustis Technologies (AKTS) Stock?
The price of an Akoustis Technologies (AKTS) share is $0.037.

What's the market cap of Akoustis Technologies?
The current market cap of Akoustis Technologies is 5.8M.

Should I buy or sell AKTS?
Akoustis Technologies exhibits several negative alternative data signals, leading us to expect continued underperformance in the coming months. As a result, we maintain a negative outlook on this stock.

Is Akoustis Technologies a good investment?
Considering the fundamentals, technical analysis, and alternative data insights, it may not be the best time to invest in Akoustis Technologies stock. There are several bearish signals and market challenges that could negatively impact Akoustis Technologies' future performance, suggesting that caution should be exercised before making any investment decisions.

Is now a good time to buy Akoustis Technologies (AKTS) Stock?
Based on an analysis that includes fundamentals, technical analysis, and alternative data insights, it may not be the best time to buy Akoustis Technologies stock right now, as the outlook appears bearish.

What are some stocks similar to Akoustis Technologies (AKTS) that investors often compare it to?
Akoustis Technologies (AKTS) is often compared to similar stocks such as Cisco Systems, Netgear, Ericsson, ADTRAN and Harmonic.

What is the forecast for Akoustis Technologies' stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast Akoustis Technologies' stock price to be around $0.035 in 2026. Starting from the current price of $0.037, this represents a 5.4% change in price, indicating a bearish outlook for the stock.

How to buy Akoustis Technologies (AKTS) Stock?
Akoustis Technologies stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy Akoustis Technologies shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.