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Akebia Therapeutics Inc has a consensus price target of $4.38 based on the ratings of 5 analysts. The high is $7.5 issued by HC Wainwright & Co. on October 23, 2024. The low is $2 issued by Mizuho on March 31, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on October 23, 2024, October 10, 2024, and October 8, 2024, respectively. With an average price target of $7.5 between HC Wainwright & Co., there's an implied 312.09% upside for Akebia Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Akebia Therapeutics (NASDAQ:AKBA) was reported by HC Wainwright & Co. on October 23, 2024. The analyst firm set a price target for $7.50 expecting AKBA to rise to within 12 months (a possible 312.09% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Akebia Therapeutics (NASDAQ:AKBA) was provided by HC Wainwright & Co., and Akebia Therapeutics reiterated their buy rating.
The last upgrade for Akebia Therapeutics Inc happened on August 28, 2023 when HC Wainwright & Co. raised their price target to $3.75. HC Wainwright & Co. previously had a neutral for Akebia Therapeutics Inc.
The last downgrade for Akebia Therapeutics Inc happened on March 31, 2022 when HC Wainwright & Co. changed their price target from $10 to $2 for Akebia Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Akebia Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Akebia Therapeutics was filed on October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.
While ratings are subjective and will change, the latest Akebia Therapeutics (AKBA) rating was a reiterated with a price target of $7.50 to $7.50. The current price Akebia Therapeutics (AKBA) is trading at is $1.82, which is out of the analyst’s predicted range.
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