Akebia Therapeutics, Inc. (AKBA)

NASDAQ: AKBA · Real-Time Price · USD
1.790
-0.030 (-1.65%)
At close: Nov 20, 2024, 4:00 PM
1.808
+0.018 (1.01%)
After-hours: Nov 20, 2024, 6:39 PM EST
-1.65%
Market Cap 390.54M
Revenue (ttm) 169.88M
Net Income (ttm) -45.99M
Shares Out 218.18M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,147,632
Open 1.800
Previous Close 1.820
Day's Range 1.780 - 1.820
52-Week Range 0.800 - 2.480
Beta 0.73
Analysts Strong Buy
Price Target 5.75 (+221.23%)
Earnings Date Nov 7, 2024

About AKBA

Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. The company’s lead product investigational product candidate is Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase, which is in Phase III development for the treatment of anemia due to chronic kidney disease (CKD) in dialysis-dependent and non-dialysis dependent patients. It offers Auryxia, a ferric citrate that is used to control the serum phosphorus levels in adult pa... [Read more]

Sector Healthcare
IPO Date Mar 20, 2014
Employees 167
Stock Exchange NASDAQ
Ticker Symbol AKBA
Full Company Profile

Financial Performance

In 2023, Akebia Therapeutics's revenue was $194.62 million, a decrease of -33.46% compared to the previous year's $292.48 million. Losses were -$51.93 million, -44.89% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for AKBA stock is "Strong Buy." The 12-month stock price forecast is $5.75, which is an increase of 221.23% from the latest price.

Price Target
$5.75
(221.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Q3 2024 Earnings: Hold Akebia Therapeutics

Akebia Therapeutics, Inc.'s stock has surged nearly 35% after positive updates on its Vafseo (vadadustat) and promising third-quarter results, despite macroeconomic challenges. The company is expandin...

12 hours ago - Seeking Alpha

Vadadustat Alternative Dosing Study Results Published in the American Journal of Kidney Disease

Akebia continues to publish important results of FO2CUS trial to further physicians' understanding of Vafseo® (vadadustat)  CAMBRIDGE, Mass. , Nov. 14, 2024 /PRNewswire/ -- Akebia Therapeutics®, Inc. ...

6 days ago - PRNewsWire

Akebia Therapeutics to Present at the Jefferies London Healthcare Conference

CAMBRIDGE, Mass. , Nov. 12, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

8 days ago - PRNewsWire

Akebia Therapeutics, Inc. (AKBA) Q3 2024 Earnings Call Transcript

Akebia Therapeutics, Inc. (NASDAQ:AKBA) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Mercedes Carrasco - Senior Director, Investor Relations John Butler - Chief E...

13 days ago - Seeking Alpha

Akebia Therapeutics Reports Third Quarter 2024 Financial Results and Recent Business Highlights

Vafseo® (vadadustat) on track for U.S. market availability expected in January 2025 Over 300,000 patients, representing approximately 60% of dialysis patient lives in the U.S., now covered under dialy...

13 days ago - PRNewsWire

Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

CAMBRIDGE, Mass. , Nov. 1, 2024 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, grante...

19 days ago - PRNewsWire

Akebia Therapeutics to Report Third Quarter 2024 Financial Results and Discuss Recent Business Highlights

Akebia to Host Conference Call on November 7, 2024, at 8:00 a.m. EST CAMBRIDGE, Mass.

19 days ago - PRNewsWire

Akebia Therapeutics Signs Commercial Supply Contract with Leading Dialysis Organization to Enable Access to Vafseo® (vadadustat) for Patients on Dialysis

Contract in place with a comprehensive kidney care provider serving more than 200,000 patients at its thousands of U.S. dialysis centers  CAMBRIDGE, Mass. , Oct. 22, 2024 /PRNewswire/ -- Akebia Therap...

4 weeks ago - PRNewsWire

Akebia Therapeutics Announces Seven Poster Presentations at ASN Kidney Week 2024

Vadadustat clinical data on display for nephrologist and healthcare providers in advance of U.S. market availability expected in January 2025 CAMBRIDGE, Mass. , Oct. 15, 2024 /PRNewswire/ -- Akebia Th...

5 weeks ago - PRNewsWire

CMS Grants TDAPA Reimbursement for Vafseo® (vadadustat) beginning January 1, 2025

Designed to help dialysis organizations incorporate new treatments into their practices, TDAPA provides two years of reimbursement in addition to the ESRD bundled rate A HCPCS code has also been assig...

5 weeks ago - PRNewsWire

Akebia Therapeutics and U.S. Renal Care Sign Commercial Supply Contract to Enable Access to Vafseo® (vadadustat) for Patients on Dialysis

U.S. Renal Care is a leading provider of in-center and home dialysis in the United States CAMBRIDGE, Mass. , Oct. 7, 2024 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical...

6 weeks ago - PRNewsWire

Akebia Therapeutics and U.S. Renal Care Initiate the VOICE Trial of Vafseo® (vadadustat) for Patients on Dialysis

Outcomes study will assess mortality and hospitalization in patients treated with Vafseo compared to current standard of care Trial aims to build a body of real-world evidence to understand the potent...

2 months ago - PRNewsWire

Akebia Therapeutics to Present at Upcoming Investor Conferences

CAMBRIDGE, Mass. , Aug. 26, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

3 months ago - PRNewsWire

Akebia Therapeutics, Inc. (AKBA) Q2 2024 Earnings Call Transcript

Akebia Therapeutics, Inc. (NASDAQ:AKBA) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Mercedes Carrasco - Senior Director, Investor Relations John Butler - President...

3 months ago - Seeking Alpha

Akebia Therapeutics Reports Second Quarter 2024 Financial Results and Recent Business Highlights

Vafseo ® (vadadustat) Tablets market availability on track for January 2025 TDAPA application submission and WAC pricing announcement for Vafseo complete Second quarter 2024 Auryxia® (ferric citrate) ...

3 months ago - PRNewsWire

Akebia Therapeutics to Report Second Quarter 2024 Financial Results and Discuss Recent Business Highlights

Akebia to Host Conference Call on August 8, 2024, at 8:00 a.m. ET CAMBRIDGE, Mass.

3 months ago - PRNewsWire

Akebia Therapeutics Provides Update on Continued Momentum of Commercial Launch of Vafseo® (vadadustat) Tablets

Akebia regains full rights to sell Vafseo® (vadadustat) Tablets in the U.S. following the execution of a royalty-based termination agreement with CSL Vifor to simplify operational execution and improv...

4 months ago - PRNewsWire

Akebia Therapeutics to Present at the H.C. Wainwright 3rd Annual Kidney Virtual Conference

CAMBRIDGE, Mass. , June 27, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

5 months ago - PRNewsWire

Akebia Therapeutics Appoints Erik Ostrowski as Chief Financial Officer and Chief Business Officer

CAMBRIDGE, Mass. , June 24, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

5 months ago - PRNewsWire

Akebia Therapeutics to Present at the Jefferies Global Healthcare Conference

CAMBRIDGE, Mass. , May 23, 2024 /PRNewswire/ --  Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

6 months ago - PRNewsWire

Akebia Therapeutics to Present at the 2nd Annual HCW Bioconnect Investor Conference

CAMBRIDGE, Mass. , May 14, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, toda...

6 months ago - PRNewsWire

Akebia Therapeutics, Inc. (AKBA) Q1 2024 Earnings Call Transcript

Akebia Therapeutics, Inc. (NASDAQ:AKBA) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Mercedes Carrasco - Senior Director, Corporate Communications and IR John Butler -...

6 months ago - Seeking Alpha

Akebia Therapeutics Reports First Quarter 2024 Financial Results and Recent Business Highlights

Akebia to host conference call at 8:00 a.m. ET on May 9 Vafseo® (vadadustat) tablets FDA approved on March 27, 2024 Vafseo launch activities underway with availability expected in January 2025 Auryxia...

6 months ago - PRNewsWire

Akebia Therapeutics to Report First Quarter 2024 Financial Results and Discuss Recent Business Highlights

Akebia to Host Conference Call on May 9, 2024, at 8:00 a.m. ET CAMBRIDGE, Mass.

7 months ago - PRNewsWire

Buy Vafseo's Approval: A New Chapter For Akebia Therapeutics In Anemia Management

Akebia Therapeutics, Inc.'s drug Vadadustat, known as Vafseo, received FDA approval for the treatment of anemia in adults on dialysis, offering improved anemia management for a large patient populatio...

8 months ago - Seeking Alpha