Akebia Therapeutics, Inc. (AKBA)

NASDAQ: AKBA · IEX Real-Time Price · USD
1.15
-0.02 (-1.71%)
At close: Sep 27, 2023, 4:00 PM
1.16
+0.01 (0.87%)
Pre-market: Sep 28, 2023, 5:40 AM EDT
-1.71%
Market Cap 216.56M
Revenue (ttm) 200.53M
Net Income (ttm) -98.47M
Shares Out 188.31M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,129,046
Open 1.21
Previous Close 1.17
Day's Range 1.14 - 1.21
52-Week Range 0.24 - 1.84
Beta 0.82
Analysts Strong Buy
Price Target 3.88 (+237.39%)
Earnings Date Nov 2, 2023

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 adult patients. It also offers Auryxia, a ferric citrate that is used to control the serum phosphorus levels ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Mar 20, 2014
Employees 204
Stock Exchange NASDAQ
Ticker Symbol AKBA
Full Company Profile

Financial Performance

In 2022, AKBA's revenue was $292.48 million, an increase of 38.19% compared to the previous year's $211.65 million. Losses were -$94.23 million, -66.59% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for AKBA stock is "Strong Buy." The 12-month stock price forecast is $3.88, which is an increase of 237.39% from the latest price.

Price Target
$3.88
(237.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Akebia Announces Approval of Vafseo® (vadadustat) in Australia and Provides Commercial Update

CAMBRIDGE, Mass. , Sept. 26, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA) today announced that Australia's Therapeutic Goods Administration (TGA) has granted approval for Vafseo® (...

1 day ago - PRNewsWire

Akebia Therapeutics to Present at H.C. Wainwright Global Investment Conference

CAMBRIDGE, Mass. , Sept. 6, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

21 days ago - PRNewsWire

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

CAMBRIDGE, Mass. , Sept. 5, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, grante...

22 days ago - PRNewsWire

Akebia Therapeutics Reports Second Quarter 2023 Financial Results and Recent Business Highlights

Akebia to host conference call on August 25, 2023 at 9:00 a.m. ET Expects to resubmit NDA for vadadustat as a treatment for anemia due to CKD in adult patients on dialysis in Q3 2023 Reports Auryxia® ...

4 weeks ago - PRNewsWire

Akebia Therapeutics Expects to Resubmit Vadadustat NDA in Third Quarter 2023

Akebia Received Type A Meeting Minutes from the FDA CAMBRIDGE, Mass. , Aug. 24, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better...

4 weeks ago - PRNewsWire

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

Akebia to Host Conference Call on August 25 th at 9:00 a.m. ET CAMBRIDGE, Mass.

5 weeks ago - PRNewsWire

Akebia Therapeutics to Report Second Quarter Financial Results by August 25, 2023

Akebia Receives Notification of Deficiency from Nasdaq Regarding Late Form 10-Q Filing CAMBRIDGE, Mass. , Aug. 17, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical co...

5 weeks ago - PRNewsWire

Akebia Therapeutics Provides Update on Form 10-Q Filing

Akebia announces late filing of its second quarter earnings and Form 10-Q Akebia reaffirms 2023 net product revenue guidance of $175 - $180 million Akebia believes its cash resources as of June 30, 20...

6 weeks ago - PRNewsWire

Akebia Therapeutics to Present at the H.C. Wainwright Kidney Conference

CAMBRIDGE, Mass. , July 19, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

2 months ago - PRNewsWire

Akebia Therapeutics Completed Type A Meeting with the FDA and Expects to Resubmit Vadadustat NDA in Third Quarter 2023

CAMBRIDGE, Mass. , July 18, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, tod...

2 months ago - PRNewsWire

Akebia Therapeutics Announces Positive Top-Line Results of Phase 4 IMPACT Study of Auryxia® (ferric citrate) for In-Center and Home Dialysis Patients

CAMBRIDGE, Mass. , June 29, 2023 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today...

3 months ago - PRNewsWire

Akebia Announces Swissmedic Approval of Vafseo® (vadadustat)

CAMBRIDGE, Mass. , June 20, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA) today announced that the Swiss Agency for Therapeutic Products (Swissmedic) has granted marketing authoriza...

3 months ago - PRNewsWire

Akebia Therapeutics Announces New Chief Financial Officer

CAMBRIDGE, Mass. , June 13, 2023 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today...

3 months ago - PRNewsWire

Akebia Therapeutics to Present at Jefferies Healthcare Conference

CAMBRIDGE, Mass. , June 2, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today a...

4 months ago - PRNewsWire

FDA Provides Akebia Therapeutics a Path Forward for Vadadustat

FDA denies formal dispute resolution, but outlines path to resubmit NDA for dialysis-dependent patients without new clinical studies Akebia plans to request Type A meeting and then resubmit NDA Akebia...

4 months ago - PRNewsWire

Akebia Therapeutics Enters into License Agreement with Medice Arzneimittel Pütter GmbH&Co.KG for the Commercialization of Vafseo® for the Treatment of Anemia associated with CKD in Europe and Australia

Medice brings extensive expertise in nephrology and an established European dialysis business Akebia to receive a $10 million upfront payment, potential for up to $100 million in commercial milestone ...

4 months ago - PRNewsWire

Akebia Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement

CAMBRIDGE, Mass. , May 22, 2023 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

4 months ago - PRNewsWire

Akebia Announces UK MHRA Approval of Vafseo® (vadadustat) for the Treatment of Symptomatic Anemia Associated with Chronic Kidney Disease in Adults on Chronic Maintenance Dialysis

CAMBRIDGE, Mass. , May 22, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA) today announced that the United Kingdom (UK) Medicines and Healthcare products Regulatory Agency (MHRA) has ...

4 months ago - PRNewsWire

Akebia Therapeutics Reports First Quarter 2023 Financial Results and Recent Business Highlights

Akebia to host conference call on May 8 at 8:30 a.m. ET Announced vadadustat is now approved in 32 countries following European Commission marketing authorization Expects a response to Formal Dispute ...

5 months ago - PRNewsWire

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

Akebia to Host Conference Call CAMBRIDGE, Mass. , May 1, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impac...

5 months ago - PRNewsWire

Akebia Receives European Commission Approval for Vafseo™ (vadadustat) for the Treatment of Symptomatic Anaemia Associated with Chronic Kidney Disease in Adults on Chronic Maintenance Dialysis

CAMBRIDGE, Mass. , April 25, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA) today announced that the European Commission (EC) has granted marketing authorisation for Vafseo™ (vadadus...

5 months ago - PRNewsWire

Akebia Therapeutics to Host Stockholder Information Session to Discuss Rationale for Reverse Stock Split

CAMBRIDGE, Mass., April 14, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

5 months ago - PRNewsWire

Akebia Therapeutics Announces Adjournment of Special Meeting of Stockholders

CAMBRIDGE, Mass., April 11, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

6 months ago - PRNewsWire

Akebia Therapeutics Announces Poster Presentations at National Kidney Foundation Spring Clinical Meetings 2023

CAMBRIDGE, Mass. , April 7, 2023 /PRNewswire/ -- Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today ...

6 months ago - PRNewsWire

Akebia Therapeutics Announces Positive Top-Line Results from Vadadustat Alternative Dosing Study

Data demonstrated that vadadustat met the primary and secondary efficacy endpoints and was non-inferior to an ESA as a treatment for anemia due to chronic kidney disease when administered three times ...

6 months ago - PRNewsWire