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Stock impact report

Analysts Are Optimistic We'll See A Profit From Akebia Therapeutics, Inc. (NASDAQ:AKBA) [Yahoo! Finance]

Akebia Therapeutics, Inc. (AKBA) 
Last akebia therapeutics, inc. earnings: 3/10 07:49 am Check Earnings Report
US:NASDAQ Investor Relations: ir.akebia.com/investor-relations
Company Research Source: Yahoo! Finance
Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. The US$419m market-cap company's loss lessened since it announced a US$69m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$16m, as it approaches breakeven. As path to profitability is the topic on Akebia Therapeutics' investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Consensus from 5 of the American Biotechs analysts is that Akebia Therapeutics is on the verge of breakeven. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$12m in 2025. The company is therefore projected to breakeven around 12 months from now or less. Ho Show less Read more
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