Arcadia Biosciences - RKDA Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arcadia Biosciences in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RKDA shares.
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1 Wall Street analysts have issued twelve-month target prices for Arcadia Biosciences' stock. Their RKDA share price forecasts range from $3.00 to $3.50. On average, they expect the company's share price to reach $3.25 in the next year. This suggests a possible upside of 872.5% from the stock's current price.
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Arcadia Biosciences' stock was trading at $1.04 on January 1st, 2022. Since then, RKDA shares have decreased by 67.9% and is now trading at $0.3342.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023.
View our RKDA earnings forecast.

Arcadia Biosciences, Inc. (NASDAQ:RKDA) posted its earnings results on Monday, November, 15th. The basic materials company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.13. The basic materials company had revenue of $2.38 million for the quarter, compared to analyst estimates of $2.73 million. Arcadia Biosciences had a negative trailing twelve-month return on equity of 73.03% and a negative net margin of 183.46%. During the same quarter in the previous year, the firm earned ($0.54) earnings per share.

Arcadia Biosciences's stock reverse split on the morning of Wednesday, January 24th 2018. The 1-20 reverse split was announced on Tuesday, January 23rd 2018. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, January 23rd 2018. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

1 employees have rated Arcadia Biosciences Chief Executive Officer Matthew Plavan on Glassdoor.com. Matthew Plavan has an approval rating of -100% among the company's employees. This puts Matthew Plavan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcadia Biosciences investors own include Bionano Genomics (BNGO), ADMA Biologics (ADMA), Zosano Pharma (ZSAN), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), OrganiGram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Novan (NOVN), CNBX Pharmaceuticals (CNBX) and Enerplus (ERF).

(RKDA) raised $66 million in an initial public offering on Friday, May 15th 2015. The company issued 8,200,000 shares at $8.00 per share. Credit Suisse, J.P. Morgan and Piper Jaffray served as the underwriters for the IPO.

Arcadia Biosciences trades on the NASDAQ under the ticker symbol "RKDA."

Arcadia Biosciences' stock is owned by many different institutional and retail investors. Top institutional investors include Armistice Capital LLC (6.53%) and Vanguard Group Inc. (3.04%). Insiders that own company stock include Pamela Haley and Sarah Reiter.
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Shares of RKDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RKDA stock can currently be purchased for approximately $0.33.

Arcadia Biosciences (NASDAQ:RKDA) has a market capitalization of $8.24 million and generates $6.78 million in revenue each year. The basic materials company earns $-14,660,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis.

Arcadia Biosciences' mailing address is 202 COUSTEAU PLACE SUITE 105, DAVIS CA, 85018. The official website for the company is www.arcadiabio.com. The basic materials company can be reached via phone at (530) 756-7077, via email at ir@arcadiabio.com, or via fax at 530-756-7027.