Arcadia Biosciences, Inc. (RKDA)

NASDAQ: RKDA · IEX Real-Time Price · USD
3.068
+0.228 (8.03%)
At close: Feb 20, 2024, 3:58 PM
3.050
-0.018 (-0.59%)
After-hours: Feb 20, 2024, 6:46 PM EST
8.03%
Market Cap 3.41M
Revenue (ttm) 5.50M
Net Income (ttm) -15.37M
Shares Out 1.11M
EPS (ttm) -18.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 45,296
Open 2.870
Previous Close 2.840
Day's Range 2.860 - 3.068
52-Week Range 2.330 - 18.940
Beta 0.70
Analysts Strong Buy
Price Target 10.00 (+225.95%)
Earnings Date Mar 28, 2024

About RKDA

Arcadia Biosciences, Inc. produces and markets plant-based food and beverage products in the United States. The company develops 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. Its food, beverage, and body case products include GoodWheat, Zola coconut water, ProVault topical pain relief, and SoulSpring. The company was incorporated in 2002 and is headquartered in Dallas, Texas. [Read more]

Sector Materials
IPO Date May 15, 2015
Employees 30
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 one analyst, the rating for RKDA stock is "Strong Buy" and the 12-month stock price forecast is $10.0.

Price Target
$10.0
(225.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Arcadia Biosciences (RKDA) Expands GoodWheat™ Mac & Cheese with Nationwide Availability

DALLAS--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, has expanded the availability of its better-for-you...

12 hours ago - Business Wire

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2023 Financial Results and Business Highlights

DALLAS--(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 results f...

3 months ago - Business Wire

Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2023 Financial Results and Business Highlights Conference Call

DALLAS--(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 financial ...

4 months ago - Business Wire

Arcadia Biosciences (RKDA) to Participate in Upcoming Investor Conferences

DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced today that Stan Jacot, president a...

6 months ago - Business Wire

Arcadia Biosciences (RKDA) Announces Second-Quarter and First-Half 2023 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...

6 months ago - Business Wire

Arcadia Biosciences (RKDA) Announces Date of Second Quarter 2023 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 fin...

7 months ago - Business Wire

Arcadia Biosciences (RKDA) Announces Strategic Review

DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today disclosed that it has initiated a proc...

7 months ago - Business Wire

Arcadia Biosciences (RKDA) Launches GoodWheat™ into the Breakfast Category with New Better-For-You Pancake & Waffle Mixes and Single-Serve Quikcakes™

DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced it is expanding its better-f...

7 months ago - Business Wire

Top 5 Consumer Staples Stocks Which Could Rescue Your Portfolio This Month - British American Tobacco (NYSE:BTI), Farmer Bros (NASDAQ:FARM)

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

Other symbols: BTIFARMHAIN
9 months ago - Benzinga

Arcadia Biosciences (RKDA) Announces First Quarter 2023 Financial Results from Operations 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...

10 months ago - Business Wire

Arcadia Biosciences (RKDA) Announces Date of First Quarter 2023 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 fin...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months 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 year 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
1 year 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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

Arcadia Biosciences (RKDA) Announces CFO Transition

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

1 year ago - PRNewsWire

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...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire