Akoustis Technologies Sells Assets to Tune Holdings

An update from Akoustis Technologies ( (AKTSQ) ) is now available.

On May 15, 2025, Akoustis Technologies completed the sale of substantially all its assets to Tune Holdings Corp., a subsidiary of SpaceX, for $30.2 million. This transaction, approved by the U.S. Bankruptcy Court, aims to maximize value for creditors and preserve jobs, with Tune Holdings continuing Akoustis’s operations and infrastructure.

The most recent analyst rating on (AKTSQ) stock is a Hold with a $0.25 price target. To see the full list of analyst forecasts on Akoustis Technologies stock, see the AKTSQ Stock Forecast page.

Spark’s Take on AKTSQ Stock

According to Spark, TipRanks’ AI Analyst, AKTSQ is a Underperform.

Akoustis Technologies faces significant financial challenges, marked by negative profitability and high leverage. The lack of technical indicators and weak valuation further contribute to the low score, while the absence of recent earnings call data adds uncertainty to the company’s outlook.

To see Spark’s full report on AKTSQ stock, click here.

More about Akoustis Technologies

Akoustis Technologies, Inc. is an integrated device manufacturer specializing in patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications.

Average Trading Volume: 1,664,253

Technical Sentiment Signal: Strong Sell

Current Market Cap: $15.46K

For an in-depth examination of AKTSQ stock, go to TipRanks’ Stock Analysis page.