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AARD Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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ET
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Intellectia

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High
3.960
Open
3.930
VWAP
3.89
Vol
132.26K
Mkt Cap
85.08M
Low
3.800
Amount
514.03K
EV/EBITDA(TTM)
--
Total Shares
21.82M
EV
-24.29M
EV/OCF(TTM)
--
P/S(TTM)
--
Aardvark Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel, small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases. The Company targets biological pathways associated with alleviating hunger that has the potential to deliver transformative outcomes for patients. It is focused on developing selective compounds, targeting Bitter Taste Receptors (TAS2Rs) for hunger-associated conditions. Its initial compounds target TAS2Rs expressed in the gut lumen, which normally respond to the nutrients in food and participate in the gut-brain axis. Its wholly owned lead product candidate, ARD-101 (denatonium acetate monohydrate), is an oral gut-restricted small-molecule agonist of certain TAS2Rs expressed in the gut lumen for which it has initiated a Phase III clinical trial for hyperphagia associated with Prader-Willi Syndrome (PWS).
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Events Timeline

(ET)
2026-03-23
19:20:00
Trump Postpones Strikes on Iranian Energy, Market Sentiment Improves
select
2026-03-23
17:20:00
Aardvark Therapeutics Files $400M Mixed Securities Shelf
select
2026-03-23
16:10:00
Aardvark Cash and Short-Term Investments Reach $110M
select

News

Globenewswire
7.0
04-09Globenewswire
Aardvark Therapeutics Halts HERO Trial, Shares Plunge 56%
  • Trial Suspension Impact: Aardvark Therapeutics announced on March 2, 2026, the suspension of its HERO trial, resulting in a share price drop of $7.02 (-56%), a decision driven by serious safety risks identified as 'reversible cardiac observations,' which directly undermined investor confidence in the company's future prospects.
  • Investor Investigation Launched: In light of the severe market reaction, Hagens Berman law firm has initiated an investigation into whether Aardvark misled investors regarding the safety and efficacy disclosures of ARD-101, potentially violating federal securities laws, further exacerbating investor anxiety.
  • FDA Communication Issues: Aardvark previously claimed smooth communication with the FDA and emphasized ARD-101 as a 'first-in-class' drug; however, the trial suspension has raised questions about the transparency and accuracy of its communications with the FDA, which could impact future regulatory approval processes.
  • Analyst Downgrades: Following the emergence of cardiac safety signals, several analysts have begun to sharply reduce or suspend their price targets for Aardvark, reflecting a pessimistic sentiment in the market regarding the company's outlook, which may lead to further declines in share price.
Globenewswire
7.0
03-24Globenewswire
Aardvark Therapeutics Under Investigation for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating Aardvark Therapeutics, Inc. for potential securities fraud or unlawful business practices, which could undermine investor confidence and lead to further stock price declines.
  • Trial Suspension: On February 27, 2026, Aardvark announced a voluntary pause of its Phase 3 HERO trial due to reversible cardiac observations found in a healthy volunteer study, potentially delaying product launch timelines and impacting future revenues.
  • Stock Price Plunge: Following the trial suspension announcement, Aardvark's stock price plummeted by $7.02, or 56.2%, closing at $5.47 per share on March 2, 2026, reflecting extreme market pessimism regarding the company's outlook.
  • Legal Implications: Pomerantz LLP, a prominent securities litigation firm, may initiate a class action lawsuit against Aardvark if the investigation confirms wrongdoing, which would severely impact the company's reputation and financial standing.
moomoo
4.0
03-24moomoo
AARDVARK THERAPEUTICS INC: B. RILEY LOWERS TARGET PRICE FROM $32 TO $8
  • Target Price Adjustment: B. Riley has cut the target price for Aardvark Therapeutics from $32 to $8.
  • Market Impact: This significant reduction reflects a reassessment of the company's market position and potential.
NASDAQ.COM
9.5
03-24NASDAQ.COM
Aardvark Therapeutics Reports Wider Losses in Q4 and FY2025
  • Dismal Financial Results: Aardvark Therapeutics reported a net loss of $17.60 million in Q4 2025, translating to $0.81 per share, which is a significant increase from last year's loss of $8.78 million or $2.16 per share, indicating heightened financial pressures on the company.
  • Annual Losses Widen: For the full year 2025, Aardvark's net loss expanded to $57.59 million, or $2.93 per share, compared to a loss of $20.59 million and $5.15 per share in the previous year, reflecting ongoing challenges in research and operational expenditures.
  • Pipeline Update: Following unexpected reversible cardiac observations in a healthy volunteer trial, Aardvark has voluntarily paused the Phase 3 trials for ARD-101 and related trials for ARD-201, with further guidance expected in Q2 2026, highlighting the company's commitment to safety.
  • Strong Cash Position: As of December 31, 2025, Aardvark had $110 million in cash and short-term investments, which is projected to fund operations into Q2 2027, demonstrating financial resilience despite ongoing R&D challenges.
seekingalpha
9.5
03-23seekingalpha
Aardvark Therapeutics Q4 Earnings Beat Expectations
  • Earnings Performance: Aardvark Therapeutics reported a Q4 GAAP EPS of -$0.81, beating expectations by $0.02, indicating improvements in financial management that may boost investor confidence.
  • Significant Cash Reserves: As of December 31, 2025, Aardvark's cash and short-term investments totaled $110 million, a 49.9% increase from $73.7 million in 2024, providing a stronger financial foundation for future growth.
  • Sufficient Operating Funds: Based on current operating plans, Aardvark believes its existing cash and short-term investments will fund operations into Q2 2027, demonstrating robustness in financial management and operational planning.
  • Executive Appointment: Aardvark Therapeutics appointed Derrick C. Li as Chief Business Officer, aiming to enhance the company's business strategy and market expansion capabilities, potentially laying the groundwork for future growth.
Globenewswire
7.0
03-17Globenewswire
Investigation into Aardvark Therapeutics for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating Aardvark Therapeutics, Inc. for potential securities fraud, focusing on whether the company and its executives engaged in unlawful business practices, which could lead to significant losses for investors.
  • Trial Suspension: On February 27, 2026, Aardvark announced a voluntary pause of its Phase 3 Hunger Elimination or Reduction Objective (HERO) trial due to reversible cardiac observations at above-target therapeutic doses found during a healthy volunteer study, raising safety concerns.
  • Stock Price Plunge: Following the trial suspension announcement, Aardvark's stock price fell by $7.02, or 56.2%, closing at $5.47 per share on March 2, 2026, indicating extreme market pessimism regarding the company's future prospects.
  • Legal Implications: The investigation may lead to class action lawsuits against Aardvark, with Pomerantz LLP, a prominent securities litigation firm, potentially seeking damages for affected investors, which could further impact the company's reputation and financial health.
Wall Street analysts forecast AARD stock price to rise
10 Analyst Rating
Wall Street analysts forecast AARD stock price to rise
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
18.00
Averages
33.00
High
50.00
Current: 0.000
sliders
Low
18.00
Averages
33.00
High
50.00
B. Riley
William Wood
Buy
downgrade
$32 -> $8
AI Analysis
2026-03-24
Reason
B. Riley
William Wood
Price Target
$32 -> $8
AI Analysis
2026-03-24
downgrade
Buy
Reason
B. Riley analyst William Wood lowered the firm's price target on Aardvark Therapeutics to $8 from $32 and keeps a Buy rating on the shares. Aardvark paused multiple ARD-101 and ARD-201 trials due to a cardiac safety signal observed in a high-dose healthy volunteer study, placing the company in a regulatory holding pattern pending FDA feedback expected in 2Q26, the analyst tells investors in a research note. While $110M in cash funds operations into 2Q27, exposure-response data suggest lower doses may mitigate risk and support a redesigned Phase 3 program, with next steps including a Type B FDA meeting and potential unblinded Phase 3 PWS data, the firm says.
Oppenheimer
Oppenheimer
Outperform
to
NULL
downgrade
$35 -> $21
2026-03-02
Reason
Oppenheimer
Oppenheimer
Price Target
$35 -> $21
2026-03-02
downgrade
Outperform
to
NULL
Reason
Oppenheimer lowered the firm's price target on Aardvark Therapeutics to $21 from $35 and keeps an Outperform rating on the shares. The firm caught up with management following late Friday's announcement of dosing having been voluntarily suspended in the Phase 3 HERO trial in Prader-Willi syndrome, a decision made upon reversible cardiac observations seen at ARD-101 doses above therapeutic target levels per healthy volunteer routine EKG testing. The relevant dose was twice that in HERO, and Oppenheimer emphasizes that management's action was entirely elective and taken out of an abundance of caution. Aardvark expects to provide further guidance next quarter, but mentioned that it may move to unblind the 12-week HERO trial early.
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Valuation Metrics

The current forward P/E ratio for Aardvark Therapeutics Inc (AARD.O) is 0.00, compared to its 5-year average forward P/E of -3.81. For a more detailed relative valuation and DCF analysis to assess Aardvark Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-3.81
Current PE
0.00
Overvalued PE
-1.86
Undervalued PE
-5.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.73
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-0.22
Undervalued EV/EBITDA
-5.23

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
114.41
Current PS
77.31
Overvalued PS
316.12
Undervalued PS
-87.29

Financials

AI Analysis
Annual
Quarterly

Whales Holding AARD

C
Cormorant Asset Management, LP
Holding
AARD
+4.57%
3M Return

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Frequently Asked Questions

What is Aardvark Therapeutics Inc (AARD) stock price today?

The current price of AARD is 3.9 USD — it has decreased -0.76

What is Aardvark Therapeutics Inc (AARD)'s business?

Aardvark Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel, small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases. The Company targets biological pathways associated with alleviating hunger that has the potential to deliver transformative outcomes for patients. It is focused on developing selective compounds, targeting Bitter Taste Receptors (TAS2Rs) for hunger-associated conditions. Its initial compounds target TAS2Rs expressed in the gut lumen, which normally respond to the nutrients in food and participate in the gut-brain axis. Its wholly owned lead product candidate, ARD-101 (denatonium acetate monohydrate), is an oral gut-restricted small-molecule agonist of certain TAS2Rs expressed in the gut lumen for which it has initiated a Phase III clinical trial for hyperphagia associated with Prader-Willi Syndrome (PWS).

What is the price predicton of AARD Stock?

Wall Street analysts forecast AARD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AARD is33.00 USD with a low forecast of 18.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Aardvark Therapeutics Inc (AARD)'s revenue for the last quarter?

Aardvark Therapeutics Inc revenue for the last quarter amounts to -18.70M USD, increased 97.93

What is Aardvark Therapeutics Inc (AARD)'s earnings per share (EPS) for the last quarter?

Aardvark Therapeutics Inc. EPS for the last quarter amounts to -16810000.00 USD, increased 117.38

How many employees does Aardvark Therapeutics Inc (AARD). have?

Aardvark Therapeutics Inc (AARD) has 40 emplpoyees as of April 10 2026.

What is Aardvark Therapeutics Inc (AARD) market cap?

Today AARD has the market capitalization of 85.08M USD.