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NASDAQ:AKBA - Akebia Therapeutics Stock Price, Forecast & News

$7.96
+0.91 (+12.91 %)
(As of 03/31/2020 06:13 AM ET)
Today's Range
$6.61
Now: $7.96
$8.00
50-Day Range
$4.10
MA: $8.00
$10.24
52-Week Range
$2.99
Now: $7.96
$10.53
Volume1.20 million shs
Average Volume1.77 million shs
Market Capitalization$1.03 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.38
Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. Its lead product candidate includes Auryxia, a ferric citrate to control the serum phosphorus levels in adult patients with chronic kidney disease (CKD), on dialysis (DD)-CKD, or the hyperphosphatemia indication (HIF); and vadadustat, an oral therapy, which is in Phase III development for the treatment of anemia due to CKD in DD and non-dialysis patients. It has collaboration agreements with Otsuka Pharmaceutical Co. Ltd. for the development and commercialization of vadadustat in the United States, European Union, Russia, China, Australia, Canada, the Middle East, and other countries; and Mitsubishi Tanabe Pharma Corporation for the development and commercialization of vadadustat in Japan and other Asian countries, as well as research and license agreement with Janssen Pharmaceutica NV for the development and commercialization of HIF-prolyl hydroxylases-targeted compounds worldwide. The company was founded in 2007 and is headquartered in Cambridge, Massachusetts.
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Akebia Therapeutics logo

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AKBA
CUSIPN/A
Phone617-871-2098

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$335 million
Book Value$3.32 per share

Profitability

Net Income$-279,660,000.00

Miscellaneous

Employees324
Market Cap$1.03 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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Akebia Therapeutics (NASDAQ:AKBA) Frequently Asked Questions

How has Akebia Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Akebia Therapeutics' stock was trading at $6.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AKBA shares have increased by 14.7% and is now trading at $7.96. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Akebia Therapeutics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akebia Therapeutics in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Akebia Therapeutics.

When is Akebia Therapeutics' next earnings date?

Akebia Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Akebia Therapeutics.

How were Akebia Therapeutics' earnings last quarter?

Akebia Therapeutics Inc (NASDAQ:AKBA) posted its quarterly earnings results on Tuesday, March, 10th. The biopharmaceutical company reported ($0.79) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.47) by $0.32. The biopharmaceutical company had revenue of $69.56 million for the quarter, compared to analyst estimates of $95.40 million. Akebia Therapeutics had a negative return on equity of 39.65% and a negative net margin of 83.48%. View Akebia Therapeutics' earnings history.

What price target have analysts set for AKBA?

4 analysts have issued 1-year price targets for Akebia Therapeutics' stock. Their forecasts range from $13.00 to $16.00. On average, they expect Akebia Therapeutics' share price to reach $14.75 in the next year. This suggests a possible upside of 85.3% from the stock's current price. View analysts' price targets for Akebia Therapeutics.

What are Wall Street analysts saying about Akebia Therapeutics stock?

Here are some recent quotes from research analysts about Akebia Therapeutics stock:
  • 1. According to Zacks Investment Research, "Akebia Therapeutics Inc. is a biopharmaceutical company. It focuses on the development and commercialization of proprietary therapeutics based on hypoxia inducible factor biology for patients with kidney disease. Akebia Therapeutics, Inc. is headquartered in Cambridge, Massachusetts. " (3/23/2020)
  • 2. HC Wainwright analysts commented, "We continue to believe that positive outcomes, on both safety and efficacy, from all four studies is highly likely, and with data directly comparing its outcomes to the current standard of care in both DD and NDD patients, we continue to believe Akebia is well positioned for clinical, regulatory and commercial success. Affirm Buy. $17 PT. We employ a rNPV model, driven by U.S. sales of vadadustat (early 2022 launch, 75% POS, $2.5B peak U.S. sales) and Auryxia (peak sales of $409M in 2024) out to 2028 (zero terminal value) discounted at 12.5%. Risks to our investment thesis and target price include: (1) failure in pivotal Phase 3 vadadustat studies; (2) failure to secure regulatory approval of vadadustat; (3) a smaller than anticipated commercial opportunity due to market size, competition, and/or pricing; and (4) intellectual property opposition." (9/9/2019)

Has Akebia Therapeutics been receiving favorable news coverage?

Media coverage about AKBA stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Akebia Therapeutics earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned media headlines about the biopharmaceutical company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutAkebia Therapeutics.

Are investors shorting Akebia Therapeutics?

Akebia Therapeutics saw a decrease in short interest in February. As of February 28th, there was short interest totaling 7,430,000 shares, a decrease of 5.6% from the February 13th total of 7,870,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the short-interest ratio is currently 5.3 days. Approximately 7.2% of the company's stock are sold short. View Akebia Therapeutics' Current Options Chain.

Who are some of Akebia Therapeutics' key competitors?

What other stocks do shareholders of Akebia Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akebia Therapeutics investors own include Novavax (NVAX), Chesapeake Energy (CHK), Gilead Sciences (GILD), TherapeuticsMD (TXMD), FireEye (FEYE), Energy Transfer LP Unit (ET), Corbus Pharmaceuticals (CRBP), Bank of America (BAC), Flexion Therapeutics (FLXN) and Keryx Biopharmaceuticals (KERX).

Who are Akebia Therapeutics' key executives?

Akebia Therapeutics' management team includes the following people:
  • Mr. John P. Butler MBA, CEO, Pres & Director (Age 55)
  • Mr. Jason A. Amello, Sr. VP, CFO & Treasurer (Age 51)
  • Dr. Rita Jain, Sr. VP & Chief Medical Officer (Age 57)
  • Ms. Nicole R. Hadas, SVP, Chief Legal Officer & Sec. (Age 46)
  • Mr. Douglas Jermasek, VP of Marketing & Strategy

What is Akebia Therapeutics' stock symbol?

Akebia Therapeutics trades on the NASDAQ under the ticker symbol "AKBA."

How do I buy shares of Akebia Therapeutics?

Shares of AKBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Akebia Therapeutics' stock price today?

One share of AKBA stock can currently be purchased for approximately $7.96.

How big of a company is Akebia Therapeutics?

Akebia Therapeutics has a market capitalization of $1.03 billion and generates $335 million in revenue each year. The biopharmaceutical company earns $-279,660,000.00 in net income (profit) each year or ($1.63) on an earnings per share basis. Akebia Therapeutics employs 324 workers across the globe. View additional information about Akebia Therapeutics.

What is Akebia Therapeutics' official website?

The official website for Akebia Therapeutics is http://www.akebia.com/.

How can I contact Akebia Therapeutics?

Akebia Therapeutics' mailing address is 245 FIRST STREET SUITE 1100, CAMBRIDGE MA, 02142. The biopharmaceutical company can be reached via phone at 617-871-2098 or via email at [email protected]


MarketBeat Community Rating for Akebia Therapeutics (NASDAQ AKBA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  366 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  674
MarketBeat's community ratings are surveys of what our community members think about Akebia Therapeutics and other stocks. Vote "Outperform" if you believe AKBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/31/2020 by MarketBeat.com Staff

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