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Akebia Therapeutics, Inc. (AKBA) Stock Fundamental Analysis & AI Rating 2026

AKBA Nasdaq Pharmaceutical Preparations DE CIK: 0001517022
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
64% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
66% Conf

📊 AKBA Key Takeaways

Revenue: $236.2M
Net Margin: -2.3%
Free Cash Flow: $67.7M
Current Ratio: 1.55x
Debt/Equity: 1.48x
EPS: $-0.02
AI Rating: HOLD with 62% confidence
Akebia Therapeutics, Inc. (AKBA) receives a HOLD rating with 64% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $236.2M, net profit margin of -2.3%, and return on equity (ROE) of -16.4%, Akebia Therapeutics, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete AKBA stock analysis for 2026.

Is Akebia Therapeutics, Inc. (AKBA) a Good Investment?

Claude

Akebia demonstrates strong revenue growth (+47.5% YoY) and robust cash generation (FCF margin of 28.7%), but profitability remains challenged with negative net income despite positive operating income. The company maintains adequate liquidity with a 1.55x current ratio and substantial cash reserves ($184.8M), though elevated leverage (1.48x Debt/Equity) and negative returns on equity (-16.4%) signal ongoing operational pressures.

ChatGPT

Akebia Therapeutics shows improving operating fundamentals, with positive operating income and strong free cash flow generation relative to revenue. However, the company still posted a net loss, carries meaningful leverage against a thin equity base, and lacks visible year-over-year trend data here, which limits conviction on the durability of the recent improvement.

Why Buy Akebia Therapeutics, Inc. Stock? AKBA Key Strengths

Claude
  • + Strong topline growth of 47.5% YoY indicating robust commercial execution
  • + Exceptional free cash flow generation at $67.7M with 28.7% FCF margin showing strong cash conversion
  • + Solid liquidity position with $184.8M cash and 1.55x current ratio providing financial flexibility
ChatGPT
  • + Positive operating income and a 9.9% operating margin indicate the core business is currently generating operating profit
  • + Strong operating cash flow and free cash flow provide near-term financial flexibility, supported by $184.84M in cash
  • + Liquidity appears adequate with a 1.55x current ratio and 1.46x quick ratio

AKBA Stock Risks: Akebia Therapeutics, Inc. Investment Risks

Claude
  • ! Persistent net losses (-$5.3M) and negative net margin (-2.3%) despite revenue growth suggests margin pressure or one-time charges
  • ! Elevated leverage at 1.48x Debt/Equity with long-term debt of $48.2M relative to small equity base of $32.6M
  • ! Negative returns on equity (-16.4%) and ROA (-1.4%) indicate inefficient asset utilization and value destruction for shareholders
ChatGPT
  • ! Net income remains negative, showing that profitability is not yet fully established
  • ! Leverage is elevated relative to equity, with debt/equity of 1.48x and only $32.61M of stockholders equity
  • ! Growth quality is harder to assess because year-over-year revenue and earnings trend data are not available in this snapshot

Key Metrics to Watch

Claude
  • * Path to net profitability and net margin expansion
  • * Debt reduction trajectory and leverage normalization
  • * Gross margin sustainability as revenue scales
ChatGPT
  • * Sustained net income improvement and operating margin durability
  • * Cash burn or free cash flow consistency relative to liabilities and debt levels

Akebia Therapeutics, Inc. (AKBA) Financial Metrics & Key Ratios

Revenue
$236.2M
Net Income
$-5.3M
EPS (Diluted)
$-0.02
Free Cash Flow
$67.7M
Total Assets
$376.6M
Cash Position
$184.8M

💡 AI Analyst Insight

The 28.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

AKBA Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 9.9%
Net Margin -2.3%
ROE -16.4%
ROA -1.4%
FCF Margin 28.7%

AKBA vs Healthcare Sector: How Akebia Therapeutics, Inc. Compares

How Akebia Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
AKBA -2.3%
vs
Sector Avg 12.0%
AKBA Sector
ROE
AKBA -16.4%
vs
Sector Avg 15.0%
AKBA Sector
Current Ratio
AKBA 1.6x
vs
Sector Avg 2.0x
AKBA Sector
Debt/Equity
AKBA 1.5x
vs
Sector Avg 0.6x
AKBA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Akebia Therapeutics, Inc. Stock Overvalued? AKBA Valuation Analysis 2026

Based on fundamental analysis, Akebia Therapeutics, Inc. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-16.4%
Sector avg: 15%
Net Profit Margin
-2.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.48x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Akebia Therapeutics, Inc. Balance Sheet: AKBA Debt, Cash & Liquidity

Current Ratio
1.55x
Quick Ratio
1.46x
Debt/Equity
1.48x
Debt/Assets
91.3%
Interest Coverage
N/A
Long-term Debt
$48.3M

AKBA Revenue & Earnings Growth: 5-Year Financial Trend

AKBA 5-year financial data: Year 2021: Revenue $335.0M, Net Income -$279.7M, EPS $-2.36. Year 2022: Revenue $295.3M, Net Income -$383.5M, EPS $-2.77. Year 2023: Revenue $292.5M, Net Income -$94.2M, EPS $-0.52. Year 2024: Revenue $194.6M, Net Income -$51.9M, EPS $-0.28. Year 2025: Revenue $236.2M, Net Income -$51.9M, EPS $-0.28.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Akebia Therapeutics, Inc.'s revenue has declined by 29% over the 5-year period, indicating business contraction. The most recent EPS of $-0.28 indicates the company is currently unprofitable.

AKBA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
28.7%
Free cash flow / Revenue

AKBA Quarterly Earnings & Performance

Quarterly financial performance data for Akebia Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $37.4M $247.0K $0.00
Q2 2025 $43.6M $247.0K $0.00
Q1 2025 $32.6M $6.1M $0.03
Q3 2024 $37.4M -$8.6M $-0.08
Q2 2024 $43.6M -$8.6M $-0.04
Q1 2024 $32.6M -$18.0M $-0.09
Q3 2023 $42.0M -$11.2M $-0.08
Q2 2023 $56.4M -$11.2M $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Akebia Therapeutics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$68.0M
Cash generated from operations
Stock Buybacks
$162.0K
Shares repurchased (TTM)
Capital Expenditures
$291.0K
Investment in assets
Dividends
None
No dividend program

AKBA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Akebia Therapeutics, Inc. (CIK: 0001517022)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 1, 2026 8-K akba-20260327.htm View →
Mar 5, 2026 4 xslF345X05/primarydocument.xml View →
Feb 26, 2026 10-K akba-20251231.htm View →
Feb 26, 2026 8-K akba-20260226.htm View →

Frequently Asked Questions about AKBA

What is the AI rating for AKBA?

Akebia Therapeutics, Inc. (AKBA) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 64% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AKBA's key strengths?

Claude: Strong topline growth of 47.5% YoY indicating robust commercial execution. Exceptional free cash flow generation at $67.7M with 28.7% FCF margin showing strong cash conversion. ChatGPT: Positive operating income and a 9.9% operating margin indicate the core business is currently generating operating profit. Strong operating cash flow and free cash flow provide near-term financial flexibility, supported by $184.84M in cash.

What are the risks of investing in AKBA?

Claude: Persistent net losses (-$5.3M) and negative net margin (-2.3%) despite revenue growth suggests margin pressure or one-time charges. Elevated leverage at 1.48x Debt/Equity with long-term debt of $48.2M relative to small equity base of $32.6M. ChatGPT: Net income remains negative, showing that profitability is not yet fully established. Leverage is elevated relative to equity, with debt/equity of 1.48x and only $32.61M of stockholders equity.

What is AKBA's revenue and growth?

Akebia Therapeutics, Inc. reported revenue of $236.2M.

Does AKBA pay dividends?

Akebia Therapeutics, Inc. does not currently pay dividends.

Where can I find AKBA SEC filings?

Official SEC filings for Akebia Therapeutics, Inc. (CIK: 0001517022) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AKBA's EPS?

Akebia Therapeutics, Inc. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AKBA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Akebia Therapeutics, Inc. has a HOLD rating with 64% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AKBA stock overvalued or undervalued?

Valuation metrics for AKBA: ROE of -16.4% (sector avg: 15%), net margin of -2.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy AKBA stock in 2026?

Our dual AI analysis gives Akebia Therapeutics, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AKBA's free cash flow?

Akebia Therapeutics, Inc.'s operating cash flow is $68.0M, with capital expenditures of $291.0K. FCF margin is 28.7%.

How does AKBA compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -2.3% (avg: 12%), ROE -16.4% (avg: 15%), current ratio 1.55 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI