Akoustis Technologies (AKTS) currently has a "Neutral" rating from B.Riley Financial with a price target of $0.751. This is the only analyst rating and price target available for AKTS as of the most recent data.
The price target of $0.75 represents a significant increase from the current price of $0.08, with a potential upside of 898.67%1. This suggests that the analyst believes there is substantial room for growth in the stock's price.
However, it's important to note that the current price target is a reiterated target, having been lowered from $1.00 previously1. This could indicate a more cautious outlook on the stock's potential.
Given the current legal challenges and financial uncertainties facing Akoustis Technologies, as reported in the news, potential investors should exercise caution and consider these factors when evaluating the stock's future performance23.
9/27/2024 11:21am
