Akebia Therapeutics, Inc. (AKBA)

NASDAQ: AKBA · Real-Time Price · USD
1.315
-0.005 (-0.38%)
Oct 8, 2024, 2:14 PM EDT - Market open
-0.38%
Market Cap 276.53M
Revenue (ttm) 174.50M
Net Income (ttm) -40.44M
Shares Out 210.29M
EPS (ttm) -0.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 487,242
Open 1.300
Previous Close 1.320
Day's Range 1.290 - 1.320
52-Week Range 0.780 - 2.480
Beta 0.76
Analysts Strong Buy
Price Target 5.75 (+337.26%)
Earnings Date Nov 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]

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 337.26% from the latest price.

Price Target
$5.75
(337.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day ago - PRNewsWire

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

CAMBRIDGE, Mass. , Oct. 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...

6 days 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...

4 weeks 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...

6 weeks 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...

2 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) ...

2 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.

2 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...

3 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...

3 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...

3 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...

4 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...

5 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 -...

5 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...

5 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.

5 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...

6 months ago - Seeking Alpha

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.

6 months 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...

6 months 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...

7 months 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...

7 months 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...

9 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...

9 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...

10 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 ...

11 months ago - PRNewsWire

Akebia Therapeutics, Inc. (AKBA) Q3 2023 Earnings Call Transcript

Akebia Therapeutics, Inc. (NASDAQ:AKBA) Q3 2023 Earnings Conference Call November 8, 2023 8:00 AM ET Company Participants Mercedes Carrasco - Senior Director of Corporate Communications and IR John B...

11 months ago - Seeking Alpha