Arcadia Biosciences, Inc. (RKDA)

NASDAQ: RKDA · IEX Real-Time Price · USD
7.47
-0.40 (-5.08%)
At close: Mar 31, 2023, 4:00 PM
7.25
-0.22 (-2.95%)
After-hours: Mar 31, 2023, 6:03 PM EDT
-5.08%
Market Cap 4.60M
Revenue (ttm) 9.96M
Net Income (ttm) -15.38M
Shares Out 616.07K
EPS (ttm) -25.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 29,208
Open 7.28
Previous Close 7.87
Day's Range 7.23 - 7.75
52-Week Range 6.69 - 68.40
Beta 0.11
Analysts Buy
Price Target 102.00 (+1,265.46%)
Earnings Date May 11, 2023

About RKDA

Arcadia Biosciences, Inc. produces and markets plant-based health and wellness products in the United States. It engages in developing crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health and wellness products, and their viability for industrial applications. The company was incorporated in 2002 and is headquartered in Davis, California. [Read more]

Sector Materials
IPO Date May 15, 2015
Employees 58
Stock Exchange NASDAQ
Ticker Symbol RKDA
Full Company Profile

Financial Performance

In 2022, RKDA's revenue was $9.96 million, an increase of 46.84% compared to the previous year's $6.78 million. Losses were -$15.38 million, 4.88% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RKDA stock is "Buy." The 12-month stock price forecast is $102.0, which is an increase of 1,265.46% from the latest price.

Price Target
$102.0
(1,265.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Arcadia Biosciences (RKDA) Announces Fourth-Quarter and Full-Year 2022 Financial Results and Business Highlights

DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business re...

1 day ago - Business Wire

3 Stocks to Watch in the Promising Agriculture - Products Industry

The Agriculture - Products industry is set to gain from solid demand. Stocks like Bunge (BG), CalMaine Foods (CALM) and Arcadia Biosciences (RKDA) are poised to ride on this positive trend.

Other symbols: BGCALM
1 week ago - Zacks Investment Research

Arcadia Biosciences (RKDA) Announces Date of Fourth-Quarter and Full-Year 2022 Financial Results and Business Highlights Conference Call

DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will release its 202...

1 week ago - Business Wire

Arcadia Biosciences (RKDA) Announces $6.0 Million Private Placement Priced at a Premium to Market Under Nasdaq Rules

DAVIS, Calif. , March 2, 2023 /PRNewswire/ --  Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced today that it has ...

1 month ago - PRNewsWire

4 Cheapest Defensive Stocks You Should Think About

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: LOCLRGFSMFL
2 months ago - Benzinga

GoodWheat™ Pasta Receives American Heart Association® Heart-Check Certification

-- Single ingredient pasta provides four times the fiber of traditional pasta with no sacrifice on taste -- DAVIS, Calif. , Jan. 18, 2023 /PRNewswire/ -- GoodWheat™ pasta is breaking new ground in hel...

2 months ago - PRNewsWire

3 Stocks Worth a Look in the Thriving Agriculture - Products Industry

With the Agriculture - Products industry set to gain from solid demand, stocks like Bunge Limited (BG), CalMaine Foods (CALM) and Arcadia Biosciences (RKDA) are poised to ride on this positive trend.

Other symbols: BGCALM
3 months ago - Zacks Investment Research

Arcadia Biosciences (RKDA) Doubles Retail Footprint for GoodWheat™ Pasta

Better-for-you pasta brand is now available in more than 1,000 stores within six months of launch DAVIS, Calif. , Dec. 8, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and...

4 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces CFO Transition

-- Pam Haley to be replaced by Thomas J. Schaefer effective January 3, 2023 -- DAVIS, Calif.

4 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Reports Q3 Loss, Lags Revenue Estimates

Arcadia Biosciences (RKDA) delivered earnings and revenue surprises of 36.84% and 43.77%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock...

5 months ago - Zacks Investment Research

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2022 Financial Results and Business Highlights

-- GoodWheat™ Pasta distribution doubles from Q2 ---- Gross margins improve to 28% ---- Streamlined operations focus on higher-margin brands --  DAVIS, Calif., Nov. 10, 2022 /PRNewswire/ -- Arcadia Bi...

5 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2022 Financial Results and Business Highlights Conference Call

DAVIS, Calif. , Oct. 27, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will ...

5 months ago - PRNewsWire

New Strong Buy Stocks for October 24th

BXRX, WOLF, GHRS, RKDA and BHR have been added to the Zacks Rank #1 (Strong Buy) List on October 24, 2022.

Other symbols: BHRBXRXGHRSWOLF
5 months ago - Zacks Investment Research

Arcadia Biosciences (RKDA) to Participate in Upcoming Investor Conferences

DAVIS, Calif. , Aug. 31, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced today that Stan Jac...

7 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces Closing of $5.0 Million Registered Direct Offering Priced At-the-Market

DAVIS, Calif. , Aug. 16, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced the closing o...

8 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces $5.0 Million Registered Direct Offering Priced At-The-Market

DAVIS, Calif. , Aug. 12, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced today that it has e...

8 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces Strong Second-Quarter and First-Half 2022 Financial Results and Business Highlights

– Revenue increased 175% from Q2 2021 – – GoodWheat™  pasta  successfully launched in retail and online – – $2M milestone achievement recognized for HB4® soybean approval in China – DAVIS, Calif., Aug...

8 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces Date of Second Quarter 2022 Financial Results and Business Highlights Conference Call

DAVIS, Calif. , July 28, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will r...

8 months ago - PRNewsWire

NEW GOODWHEAT™ PASTA SERVES UP PASTA REVOLUTION WITH FORKFUL OF FIBER THAT NEVER TASTED SO GOOD

Sixteen years in the making, GoodWheat™ pasta redefines the pasta category with one simple ingredient as consumers seek to amp up nutrition without sacrificing taste DAVIS, Calif. , June 1, 2022 /PRNe...

10 months ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces First Quarter 2022 Financial Results

–  Sales increased 48% from Q4 2021 – – First retail orders of GoodWheat™  pasta shipped – – HB4® soybeans approved in China, $2M milestone anticipated – DAVIS, Calif. , May 12, 2022 /PRNewswire/ --  ...

Other symbols: BIOX
11 months ago - PRNewsWire

Arcadia Biosciences Announces Date of First Quarter 2022 Financial Results and Business Highlights Conference Call

DAVIS, Calif. , May 5, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will rel...

11 months ago - PRNewsWire

Arcadia Biosciences Shares Plunge Afterhours As Q4 Earnings Miss Estimates

Arcadia Biosciences Inc (NASDAQ: RKDA) reported fourth-quarter revenue declined 70% year-over-year to $2.17 million, missing the consensus of $3.33 million. Net loss was $(9.3) million of $(0.42) per ...

1 year ago - Benzinga

Arcadia Biosciences (RKDA) Announces Fourth-Quarter and Full-Year 2021 Financial Results and Business Highlights

– Strong balance sheet entering 2022 – – Expanded consumer product offerings in on-trend categories – – Experienced CPG talent added throughout organization – DAVIS, Calif. , March 30, 2022 /PRNewswir...

1 year ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces Date of Fourth-Quarter and Full-Year 2021 Financial Results and Business Highlights Conference Call

DAVIS, Calif. , March 23, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will ...

1 year ago - PRNewsWire

Arcadia Biosciences (RKDA) Names Stan Jacot as CEO

DAVIS, Calif., Feb. 2, 2022 /PRNewswire/ -- Arcadia Biosciences, Inc. ® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, has appointed veteran consumer ...

1 year ago - PRNewsWire