Akebia Therapeutics, Inc. (AKBA)

NASDAQ: AKBA · IEX Real-Time Price · USD
1.315
-0.055 (-4.01%)
Apr 25, 2024, 10:41 AM EDT - Market open
-4.01%
Market Cap 274.28M
Revenue (ttm) 194.62M
Net Income (ttm) -51.93M
Shares Out 209.37M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 930,768
Open 1.350
Previous Close 1.370
Day's Range 1.310 - 1.350
52-Week Range 0.780 - 2.480
Beta 0.84
Analysts Strong Buy
Price Target 4.67 (+255.13%)
Earnings Date May 6, 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]

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

Financial Performance

In 2023, AKBA'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 3 analysts, the average rating for AKBA stock is "Strong Buy." The 12-month stock price forecast is $4.67, which is an increase of 255.13% from the latest price.

Price Target
$4.67
(255.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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

CAMBRIDGE, Mass. , April 2, 2024 /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

U.S. FDA approves Akebia's anemia drug

The U.S. Food and Drug Administration approved Akebia Therapeutics' drug to treat anemia caused by chronic kidney disease in dialysis patients, the drugmaker said on Wednesday.

4 weeks ago - Reuters

Akebia Receives FDA Approval of Vafseo® (vadadustat) Tablets for the Treatment of Anemia due to Chronic Kidney Disease in Adult Patients on Dialysis

Once-Daily Oral HIF-PH Inhibitor Activates Physiologic Response to Manage Anemia  Akebia's Launch Strategy Developed to Drive Toward a Potential New Oral Standard of Care Company to Host Conference Ca...

4 weeks ago - PRNewsWire

Akebia Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Business Highlights

Potential vadadustat U.S. approval on PDUFA date of March 27, 2024 Strengthened balance sheet with $55.0 million term loan financing  and $26.0 million in proceeds from ATM Reported 2023 Auryxia (ferr...

5 weeks ago - PRNewsWire

Akebia Therapeutics to Report Fourth Quarter and Full Year 2023 Financial Results

CAMBRIDGE, Mass. , March 11, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, to...

6 weeks ago - PRNewsWire

Akebia Secures $55 Million Term Loan Financing

Strengthens Balance Sheet Ahead of Potential Vadadustat Approval on March 27, 2024 CAMBRIDGE, Mass. , Jan. 30, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical com...

3 months ago - PRNewsWire

Akebia Therapeutics Announces Appointment of Nicholas Grund as Chief Commercial Officer

CAMBRIDGE, Mass. , Jan. 9, 2024 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, toda...

3 months ago - PRNewsWire

Akebia Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass. , Dec. 20, 2023 /PRNewswire/ --  Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, to...

4 months ago - PRNewsWire

Akebia Therapeutics to Present at Piper Sandler Healthcare Conference

CAMBRIDGE, Mass. , Nov. 20, 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 Reports Third Quarter 2023 Financial Results and Recent Business Highlights

Akebia to host conference call at 8:00 a.m. ET Vadadustat NDA assigned a PDUFA date of March 27, 2024 Vadadustat approved in 36 countries, including Australia and Taiwan Akebia strengthens cash positi...

6 months ago - PRNewsWire

Akebia Therapeutics Announces Favorable Payment Term Modification of Loan Agreement with Pharmakon Advisors

Company Strengthens Cash Position in Advance of Potential Vadadustat Launch CAMBRIDGE, Mass. , Nov. 2, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company wit...

6 months ago - PRNewsWire

Akebia Therapeutics to Report Third Quarter 2023 Financial Results and Discuss Recent Business Highlights

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

6 months ago - PRNewsWire

Akebia Receives FDA Acceptance of Resubmission to NDA of Vadadustat for the Treatment of Anemia due to Chronic Kidney Disease

March 27, 2024 Set as User Fee Goal Date CAMBRIDGE, Mass. , Oct. 25, 2023 /PRNewswire/ --  Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives...

6 months ago - PRNewsWire

Akebia Therapeutics Announces Five Poster Presentations at ASN Kidney Week 2023

CAMBRIDGE, Mass. , Oct. 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...

6 months ago - PRNewsWire

Akebia Therapeutics Resubmits New Drug Application to the FDA for Vadadustat

CAMBRIDGE, Mass. , Sept. 28, 2023 /PRNewswire/ -- Akebia Therapeutics ® , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, to...

7 months ago - PRNewsWire

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® (...

7 months 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 ...

8 months 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® ...

8 months 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...

8 months 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.

8 months 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...

8 months 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...

9 months 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 ...

10 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...

10 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...

10 months ago - PRNewsWire