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NASDAQ:AKRO

Akero Therapeutics (AKRO) Stock Price, News & Analysis

$18.82
+0.51 (+2.79%)
(As of 05/31/2024 ET)
Today's Range
$18.16
$19.06
50-Day Range
$18.31
$25.26
52-Week Range
$11.25
$58.38
Volume
729,467 shs
Average Volume
615,468 shs
Market Capitalization
$1.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$41.13

Akero Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
118.5% Upside
$41.13 Price Target
Short Interest
Bearish
12.05% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.75
Upright™ Environmental Score
News Sentiment
0.36mentions of Akero Therapeutics in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$3.42 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.87) to ($4.29) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.19 out of 5 stars

Medical Sector

176th out of 928 stocks

Pharmaceutical Preparations Industry

71st out of 437 stocks

AKRO stock logo

About Akero Therapeutics Stock (NASDAQ:AKRO)

Akero Therapeutics, Inc., together with its subsidiary, engages in the development of treatments for patients with serious metabolic diseases in the United States. The company's lead product candidate is efruxifermin (EFX), which is in Phase 3 clinical trials that protects against cellular stress and regulates the metabolism of lipids, carbohydrates, and proteins throughout the body for the treatment of biopsy-confirmed metabolic dysfunction-associated steatohepatitis (MASH) patients. It has a license agreement with Amgen Inc. to develop, manufacture, use, distribute, and sell EFX as a treatment for MASH and other metabolic diseases. The company was formerly known as Pippin Pharmaceuticals, Inc. and changed its name to Akero Therapeutics, Inc. in May 2018. Akero Therapeutics, Inc. was incorporated in 2017 and is headquartered in South San Francisco, California.

AKRO Stock Price History

AKRO Stock News Headlines

AKRO Dec 2024 20.000 put
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Company Calendar

Last Earnings
5/10/2024
Today
6/01/2024
Next Earnings (Estimated)
8/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:AKRO
Fax
N/A
Employees
58
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.13
High Stock Price Target
$56.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+118.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$-151,760,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$12.24 per share

Miscellaneous

Free Float
63,660,000
Market Cap
$1.30 billion
Optionable
Optionable
Beta
-0.29
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Key Executives

  • Dr. Andrew Cheng M.D. (Age 57)
    Ph.D., President, CEO & Director
    Comp: $1.04M
  • Dr. Jonathan M. Young J.D. (Age 54)
    Ph.D., Co-Founder, Executive VP, COO & Secretary
    Comp: $672.35k
  • Dr. Timothy Rolph (Age 70)
    Co-Founder & Chief Scientific Officer
    Comp: $722.32k
  • Mr. William R. White J.D. (Age 51)
    Executive VP, CFO, Treasurer & Head of Corporate Development
    Comp: $678.06k
  • Ms. Catriona  YaleMs. Catriona Yale (Age 52)
    Executive VP & Chief Development Officer
    Comp: $678.06k
  • Mr. Scott A. Gangloff (Age 50)
    Chief Technical Officer
  • Mr. David West J.D.
    Vice President of Legal
  • Mr. John J. Schembri (Age 62)
    Vice President & Head of Finance
  • Mr. Patrick Lamy (Age 51)
    Senior Vice President of Commercial Strategy

AKRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Akero Therapeutics stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Akero Therapeutics in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AKRO shares.
View AKRO analyst ratings
or view top-rated stocks.

What is Akero Therapeutics' stock price target for 2024?

8 analysts have issued 12 month price objectives for Akero Therapeutics' stock. Their AKRO share price targets range from $30.00 to $56.00. On average, they predict the company's stock price to reach $41.13 in the next year. This suggests a possible upside of 118.5% from the stock's current price.
View analysts price targets for AKRO
or view top-rated stocks among Wall Street analysts.

How have AKRO shares performed in 2024?

Akero Therapeutics' stock was trading at $23.35 on January 1st, 2024. Since then, AKRO stock has decreased by 19.4% and is now trading at $18.82.
View the best growth stocks for 2024 here
.

When is Akero Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 9th 2024.
View our AKRO earnings forecast
.

How were Akero Therapeutics' earnings last quarter?

Akero Therapeutics, Inc. (NASDAQ:AKRO) released its quarterly earnings results on Friday, May, 10th. The company reported ($0.90) EPS for the quarter, hitting the consensus estimate of ($0.90).

What ETFs hold Akero Therapeutics' stock?

ETFs with the largest weight of Akero Therapeutics (NASDAQ:AKRO) stock in their portfolio include Simplify Propel Opportunities ETF (SURI), Tema Cardiovascular and Metabolics ETF (HRTS) and Simplify Health Care ETF (PINK) and

What other stocks do shareholders of Akero Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akero Therapeutics investors own include Fulcrum Therapeutics (FULC), Kaleido Biosciences (KLDO), Sorrento Therapeutics (SRNE), Editas Medicine (EDIT), Gossamer Bio (GOSS), Provention Bio (PRVB), Alector (ALEC), Micron Technology (MU), VIVUS (VVUS).

When did Akero Therapeutics IPO?

Akero Therapeutics (AKRO) raised $75 million in an IPO on Thursday, June 20th 2019. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Jefferies and Evercore ISI served as the underwriters for the IPO and Roth Capital Partners was co-manager.

Who are Akero Therapeutics' major shareholders?

Akero Therapeutics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (8.85%), Price T Rowe Associates Inc. MD (5.87%), Vanguard Group Inc. (5.31%), Baker BROS. Advisors LP (3.92%), Redmile Group LLC (2.69%) and Yiheng Capital Management L.P. (2.07%). Insiders that own company stock include Andrew Cheng, Catriona Yale, G Walmsley Graham, Jonathan Young, Seth Loring Harrison, Skorpios Trust, Timothy Rolph, Tomas J Heyman and William Richard White.
View institutional ownership trends
.

How do I buy shares of Akero Therapeutics?

Shares of AKRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AKRO) was last updated on 6/2/2024 by MarketBeat.com Staff

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