Aardvark Therapeutics, Inc. AARD

5.06 (0.49) (8.83%) as of 25 Sep
Market cap
$121.5M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.14
Total sells 0.39
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 2 — — — — — — — — —
Sell — — — — — — — — — — — 1
Insider Ownership 41.32%

Capital & Financial Ratios

Market Cap 121.46
Revenue —
Net Income (69.89)
Free Cash Flow (69.41)
Net Debt (73.87)
Current Ratio 12.63
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 1.48
Past 5Y EPS Growth —
This Y EPS Growth (7.54%)
Next Y EPS Growth 18.64%
Next 5Y EPS Growth 5.48%
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 10 74 110 74
Receivables — — — —
Inventory — — — —
Other — — — —
10 74 112 81
2023 2024 2025 Q'26
Payables 1 2 2 2
ST’ Debt — — — —
Other — — — —
1 5 11 6
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 88.26%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (19) (18) — — —
’25 (11) (10) (16) (17) (54)
’24 (2) (4) (4) (8) (18)
’23 — — — (6) (6)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (19) (18) — — —
’25 (11) (10) (16) (17) (54)
’24 (2) (4) (4) (8) (18)
’23 — — — (6) (6)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.99) (0.66) — — —
’25 (0.71) (0.66) (0.75) (0.81) (2.93)
’24 (0.55) (1.37) (1.05) (2.18) (5.15)
’23 — — — — (1.82)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — — 4.88

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — — 19.58
High Price
— — — — — — — 18 22 40
Employees
— — — — — — — 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — — — — — — — —
Gross Margin
— — — — — — (14) (7) (21) (58)
EBT
— — — — — — 0.00% 0.00% 0.00% 0.00%
EBT Margin
— — — — — — (14) (7) (21) (58)
Net Income
— — — — — — 0 — 0 (1)
Depreciation
— — — — — — 0.00 0.00 0.00 0.00
Revenue/Sh
— — — — — — (3.49) (1.82) (5.15) (2.93)
Earnings/Sh
— — — — — — (2.71) (1.47) (4.53) (2.76)
Cash Flow/Sh
— — — — — — 0.00 0.00 (0.03) 0.00
Capex/Sh
— — — — — — (2.71) (1.47) (4.55) (2.77)
Free CF/Sh
— — — — — — 4.11 2.30 18.04 5.43
Book Value/Sh
— — — — — — 4 4 4 20
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — — — — (11) (6) (18) (54)
Op' Cash Flow
— — — — — — — — 0 0
Capex
— — — — — — (11) (6) (18) (54)
FCF
— — — — — — 16 9 69 101
Working Cap'
— — — — — — — — — —
Total Debt
— — — — — — (16) (10) (74) (110)
Net Debt
— — — — — — 16 9 72 107
Sh' Equity
— — — — — — 0.00% (52.82%) (46.77%) (59.16%)
ROA
— — — — — — 0.00% 0.00% 0.00% 0.00%
ROIC
— — — — — — 0.00% 22.98% 46.03% (221.55%)
ROE
predictions in italic, sparklines do not include predictions

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Aardvark Therapeutics, Inc. peers in Biotechnology

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Aardvark Therapeutics, Inc. (AARD) key facts

  • Aardvark Therapeutics, Inc. (AARD) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Aardvark Therapeutics, Inc. reported a net loss of $57.6 million, or a loss of $2.93 per share, for fiscal 2025.
  • As of September 25, 2026, AARD traded at $5.06, a market capitalization of $121.5 million.
  • Return on equity was −221.6% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Aardvark Therapeutics, Inc. (AARD) Latest News

News by impact score

Fine-tune

15 May

4

FDA imposes clinical hold on Aardvark Therapeutics' lead drug for Prader-Willi syndrome, halting its development and creating uncertainty for the company's pipeline. FDA clinical hold delays key drug development for Prader-Willi syndrome, severely impacting Aardvark's clinical progress and market valuation.

14 May

4

Aardvark Therapeutics plans to unblind HERO and OLE trial data to guide next steps after FDA clinical hold on its program. FDA clinical hold halts trials and forces data unblinding for strategic decisions, significantly impacting Aardvark's development timeline and investor confidence.

7 May

3

Aardvark Therapeutics, Inc. (AARD) reported first quarter 2026 financial results and provided business updates. Quarterly financial results and business updates affect financial performance and investor sentiment but are routine for biotechs.

29 Mar

4

Aardvark Therapeutics (AARD) paused late-stage trials of ARD-101 after cardiac safety findings emerged in patients. Pausing late-stage trials due to cardiac findings represents a major setback that delays drug approval and erodes investor confidence in AARD's pipeline.

23 Mar

3

Aardvark Therapeutics reported fourth quarter and full-year 2025 financial results alongside business updates. Quarterly financial results and business updates influence financial performance and investor sentiment but are routine disclosures.

4 Mar

4

Aardvark Therapeutics (AARD) voluntarily paused its Phase 3 HERO trial, prompting a valuation analysis amid potential impacts on stock price and future prospects. Voluntary pause of Phase 3 HERO trial risks delaying drug approval, eroding investor confidence, and significantly altering AARD's market trajectory.

3 Mar

5

Aardvark Therapeutics (AARD) stock dropped 61.4% after pausing its Phase 3 HERO trial due to cardiac safety concerns. Pausing Phase 3 trial over cardiac safety issues threatens AARD's primary drug development pipeline and long-term viability.

2 Mar

4

Aardvark Therapeutics, Inc. (AARD) stock plunged more than 50% in value due to undisclosed adverse developments. Stock halving in value indicates significant setback likely to alter investor sentiment and company trajectory.

4

Aardvark Therapeutics halts key Prader-Willi drug trial due to safety concerns. Halting a key clinical trial over safety issues disrupts pipeline advancement and erodes investor confidence.

27 Feb

4

Aardvark Therapeutics voluntarily pauses Phase 3 HERO Trial for Prader-Willi Syndrome. Voluntary pause of Phase 3 trial signals major setback for lead program, delaying potential approval and eroding investor confidence.

12 Feb

4

Aardvark Therapeutics, Inc. has established a new U.S. subsidiary aimed at advancing its dermatology pipeline. Bryan Jones has been appointed as the Chief Executive Officer of this subsidiary, signaling a strategic move to enhance the company's focus on dermatological products. The establishment of a new subsidiary and leadership appointment indicates a significant strategic shift that could enhance product development and market positioning.

4

Aardvark Therapeutics, Inc. has announced key leadership appointments aimed at strengthening its management team. The company has appointed a new Chief Executive Officer and a Chief Financial Officer, both of whom bring extensive experience in the biotechnology sector. These changes are expected to enhance the company's strategic direction and operational efficiency as it continues to develop its pipeline of therapeutic products. Leadership changes at the executive level can significantly impact strategic direction and operational effectiveness.

10 Feb

4

Aardvark Therapeutics, Inc. announced the submission of an amended trial protocol for its lead candidate ARD-101 to the FDA, which has received Institutional Review Board (IRB) approval. The amendment expands eligibility criteria for the Phase 3 study focused on Prader-Willi Syndrome, potentially allowing a broader patient population to participate in the trial. The FDA submission and IRB approval for an expanded eligibility in a Phase 3 study could significantly impact Aardvark's market position and investor sentiment.

19 Jan

3

Aardvark Therapeutics, Inc. (NASDAQ:AARD) has gained popularity among retail investors, who now own 32% of the company's shares. In contrast, private equity firms hold 28% of the stock. This distribution highlights the growing interest from individual investors in Aardvark's market performance. The significant retail ownership may influence market sentiment and investor dynamics, but it is not expected to fundamentally alter the company's trajectory.

11 Dec

3

Rhythm Pharmaceuticals has achieved a record high in stock price following an unexpected win related to obesity treatments. This development has sparked interest in the market, highlighting the potential for significant advancements in obesity-related therapies. Investors are reacting positively to the news, indicating a shift in market sentiment towards companies involved in obesity treatment solutions. The unexpected win in obesity treatment could moderately influence Aardvark Therapeutics' competitive positioning and market sentiment.

10 Dec

4

Aardvark Therapeutics, Inc. has announced the dosing of the first patient in Australia as part of its HERO Phase 3 trial for Prader-Willi Syndrome. This trial aims to evaluate the efficacy and safety of the company's treatment for this genetic disorder, which is characterized by insatiable hunger and obesity. The initiation of this trial marks a significant step in the company's clinical development program. The initiation of a Phase 3 trial represents a major strategic move that could significantly impact Aardvark's future performance and investor sentiment.

13 Nov

4

Aardvark Therapeutics, Inc. (AARD) reported its financial results for the third quarter of 2025, highlighting key developments in its pipeline and business strategy. The company showcased advancements in its drug candidates and outlined future plans aimed at enhancing growth and market presence. Financial metrics indicated a stable performance, with management expressing optimism about upcoming product launches and potential partnerships. Significant product launches and strategic developments are expected to alter the company's trajectory and investor sentiment.

11 Nov

3

Aardvark Therapeutics, Inc. announced an inducement grant under Nasdaq Listing Rule 5635(c)(4) to certain employees as part of their compensation package. This grant includes stock options and restricted stock units, aimed at attracting and retaining talent within the company. The move is seen as a strategic effort to enhance employee incentives and align their interests with shareholders. The inducement grant is expected to moderately influence employee retention and motivation, impacting overall company performance.

4 Nov

4

Aardvark Therapeutics, Inc. presented data at ObesityWeek 2025 that supports its metabolic obesity pipeline programs. The findings highlight the company's innovative approaches to addressing obesity and metabolic disorders, showcasing potential advancements in treatment options. Aardvark aims to leverage this data to enhance its market position and attract further investment in its research initiatives. The presentation of supportive data for pipeline programs is likely to significantly impact Aardvark's future performance and investor sentiment.

22 Oct

4

Aardvark Therapeutics, Inc. (AARD) will present data on its pipeline programs at the upcoming ObesityWeek event. The presentation aims to showcase advancements in their research and development efforts related to obesity treatments, highlighting the company's commitment to addressing this significant health issue. The presentation of pipeline data at a prominent event like ObesityWeek could significantly influence investor sentiment and the company's strategic positioning in the obesity treatment market.

17 Oct

4

Aardvark Therapeutics, Inc. has expanded the eligibility criteria for its Phase 3 HERO trial of ARD-101 in patients with Prader-Willi Syndrome following alignment with FDA protocols. This adjustment aims to enhance patient recruitment and improve the trial's overall efficacy, potentially leading to a more robust data set for the treatment's evaluation. Expanding trial eligibility is a significant strategic move that could enhance patient recruitment and data quality, impacting future product development and market positioning.

8 Oct

4

Aardvark Therapeutics, Inc. has received FDA alignment on a protocol amendment that expands the Phase 3 HERO trial population for Prader-Willi Syndrome. This amendment aims to enhance the trial's scope and potentially improve the understanding of the treatment's efficacy in a broader patient demographic. The FDA's alignment on the protocol amendment is a significant regulatory milestone that could enhance the trial's outcomes and investor sentiment.

23 Sep

3

Aardvark Therapeutics, Inc. (AARD) is set to present at the Stifel 2025 Virtual Cardiometabolic Forum, highlighting its commitment to addressing cardiometabolic diseases. The presentation will showcase the company's latest advancements and research in this critical area, aiming to engage with investors and industry experts. Participation in a significant industry forum may enhance visibility and investor interest, potentially impacting market sentiment.

22 Sep

3

MapLight is preparing for an IPO to compete with Bristol Myers Squibb's schizophrenia drug, aiming to carve out a significant market share in the treatment of the condition. The move signals a strategic challenge to established players in the pharmaceutical industry, particularly in the mental health sector. The IPO could influence Aardvark Therapeutics' competitive positioning in the schizophrenia treatment market.

3

Insider buying at Aardvark Therapeutics, Inc. has reached a total of US$730.4k, indicating strong confidence from executives in the company's future prospects. This level of insider purchasing is often viewed as a positive signal by investors, suggesting that those with the most knowledge of the company believe in its potential for growth. Insider buying can positively influence market sentiment and investor confidence, but its overall impact on the company's trajectory is expected to be limited.

10 Sep

3

LB Pharmaceuticals has successfully raised $285 million through its initial public offering (IPO) in the United States, marking a significant milestone for the company as it seeks to expand its operations and fund ongoing research and development efforts. The IPO provides substantial funding that may enhance Aardvark Therapeutics' financial performance and competitive positioning.

3

LB Pharmaceuticals has successfully raised $285 million through its initial public offering (IPO) in the United States, marking a significant milestone for the company. The IPO is expected to enhance LB Pharmaceuticals' financial position and support its ongoing research and development efforts in the pharmaceutical sector. The IPO provides substantial funding that may influence LB Pharmaceuticals' operational capabilities and market positioning.

8 Sep

3

LB Pharmaceuticals is targeting a $322 million valuation in its upcoming biotech IPO, despite a challenging environment for initial public offerings in the sector. The company aims to leverage its innovative pipeline to attract investors amid the ongoing drought in biotech IPOs, which has seen many companies delay or cancel their plans due to market conditions. The IPO could moderately influence Aardvark Therapeutics' market positioning and investor sentiment, but broader market conditions may limit its overall impact.

3

LB Pharmaceuticals is targeting a $322 million valuation in its upcoming biotech IPO, despite a challenging environment for initial public offerings in the sector. The company aims to leverage investor interest in biotechnology, which has been subdued recently, to secure funding for its operations and growth plans. The IPO could provide Aardvark Therapeutics with necessary capital for development, influencing its financial performance and market positioning.

2 Sep

4

Aardvark Therapeutics, Inc. (AARD) is highlighted as a strong growth stock with potential for over 300% upside. The company is positioned well within its market, leveraging innovative strategies and promising product pipelines that could significantly enhance its valuation. Investors are encouraged to consider AARD as part of their portfolio due to its growth prospects and market positioning. Aardvark Therapeutics is expected to undergo significant strategic moves and product developments that could alter its market trajectory.

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