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AARD Overview

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0.000
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ET
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Intellectia

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High
4.930
Open
4.840
VWAP
4.35
Vol
437.65K
Mkt Cap
88.62M
Low
4.055
Amount
1.91M
EV/EBITDA(TTM)
--
Total Shares
21.77M
EV
-19.66M
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)
2026-02-27
16:10:00
Aardvark Therapeutics Pauses HERO Trial
select

News

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.
PRnewswire
7.0
03-12PRnewswire
Pomerantz Investigates Aardvark Therapeutics for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating Aardvark Therapeutics, Inc. for potential securities fraud or unlawful business practices, highlighting investor concerns regarding corporate governance and transparency.
  • Trial Suspension: On February 27, 2026, Aardvark announced a voluntary pause of its Phase 3 HERO trial due to reversible cardiac observations found during a healthy volunteer study, which could impact its future clinical development and market prospects.
  • 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, reflecting extreme pessimism in the market regarding the company's future.
  • Legal Implications: The investigation may lead to class action lawsuits against Aardvark, with investors seeking damages, further intensifying the company's legal and financial pressures and affecting its long-term strategic development.
Globenewswire
7.0
03-10Globenewswire
Aardvark Therapeutics Under Investigation for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating Aardvark Therapeutics, Inc. for potential securities fraud or unlawful business practices, indicating significant legal risks that could undermine investor confidence.
  • Trial Suspension: On February 27, 2026, Aardvark announced a voluntary pause of its Phase 3 HERO trial due to reversible cardiac observations found during safety monitoring, highlighting serious safety concerns that may hinder future development progress.
  • 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, reflecting a pessimistic market outlook on the company's future.
  • Legal Implications: The investigation by Pomerantz LLP could lead to class action lawsuits, and if misconduct is confirmed, it may have long-term negative effects on the company's financial health and reputation, necessitating close monitoring of developments by investors.
Globenewswire
7.0
03-04Globenewswire
Aardvark Therapeutics Faces Investigation After Trial Pause
  • Legal Investigation Launched: The Schall Law Firm has announced an investigation into Aardvark Therapeutics, focusing on potential violations of securities laws, particularly whether the company issued false or misleading statements that could harm investor interests.
  • Trial Suspension Reasons: Aardvark decided to pause its late-stage trial for a rare disease treatment after discovering heart-related side effects during safety monitoring in healthy volunteers, indicating a cautious approach that may impact future research and development efforts.
  • Stock Price Volatility: Following this news, Aardvark's shares plummeted by over 47.3% in after-hours trading, reflecting extreme market concern regarding the company's outlook and potentially diminishing investor confidence.
  • Investor Rights Protection: The Schall Law Firm encourages affected investors to reach out to discuss their rights, demonstrating the firm's proactive stance in legal matters and potentially providing legal support and compensation opportunities for impacted shareholders.
Benzinga
9.0
03-04Benzinga
Aardvark Pauses Phase 3 Trial, Stock Plunges 61%
  • Trial Suspension Impact: Aardvark Therapeutics has voluntarily paused its Phase 3 HERO trial for Prader-Willi Syndrome, resulting in a nearly 61% stock plunge, indicating investor concerns over the safety data review that could impact future funding and market confidence.
  • Safety Monitoring Issues: Reversible cardiac observations at higher than target therapeutic doses were found during routine safety monitoring, preventing the company from announcing topline data from the HERO trial as previously anticipated in Q3 2026, potentially delaying the drug's market entry.
  • Analyst Insights: William Blair analyst Andy Hsieh noted that the severe disruption from the trial pause may hinder the full completion of the ongoing Phase 3 HERO trial, but it opens the possibility for early unblinding, affecting the transparency of clinical data and subsequent decision-making.
  • Bearish Technical Signals: AARD stock is currently trading below both its 20-day and 100-day simple moving averages, indicating a bearish trend in the short to medium term, with shares down approximately 73% over the past 12 months and positioned closer to their 52-week lows, reflecting market pessimism about the company's outlook.
Globenewswire
7.0
03-03Globenewswire
Aardvark Therapeutics Faces Securities Fraud Investigation
  • Trial Suspension: Aardvark Therapeutics announced on February 27, 2026, that it is voluntarily pausing its Phase 3 Hunger Elimination or Reduction Objective (HERO) trial due to reversible cardiac observations at above-target therapeutic doses found during routine safety monitoring, which could significantly impact the company's future R&D progress.
  • 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 investor concern regarding the company's outlook.
  • Legal Investigation Initiated: Pomerantz LLP is investigating claims against Aardvark and its executives for securities fraud and other unlawful business practices, advising investors to contact the firm for information on joining the class action, which could lead to legal liabilities and financial repercussions for the company.
  • Reputation Damage: The trial pause and legal scrutiny have severely undermined Aardvark's market credibility, potentially affecting its future fundraising capabilities and competitive position, especially in the biopharmaceutical sector where transparency and compliance in R&D are critical.
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
Oppenheimer
Oppenheimer
Outperform
to
NULL
downgrade
$35 -> $21
AI Analysis
2026-03-02
Reason
Oppenheimer
Oppenheimer
Price Target
$35 -> $21
AI Analysis
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.
BTIG
Buy -> Buy
downgrade
$26 -> $9
2026-03-02
Reason
BTIG
Price Target
$26 -> $9
2026-03-02
downgrade
Buy -> Buy
Reason
BTIG lowered the firm's price target on Aardvark Therapeutics to $9 from $26 and keeps a Buy rating on the shares. The stock fell after the company's announcement on Friday of a voluntary pause of the phase 3 HERO trial for ARD-101 for Prader Willi syndrome due to the observation of a reversible cardiac signal seen at above target doses in a healthy volunteer safety study to supplement NDA submission, the analyst tells investors in a research note. BTIG is cutting its price target due to increased risk around the HERO trial, but retains its Buy rating on the prospects of a potential update for ARD-201 in the POWER weight maintenance study later this year.
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Valuation Metrics

The current forward P/E ratio for Aardvark Therapeutics Inc (AARD.O) is -3.83, 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
-3.83
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
-2.07
Overvalued EV/EBITDA
-0.23
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
91.27
Current PS
0.00
Overvalued PS
311.83
Undervalued PS
-129.29

Financials

AI Analysis
Annual
Quarterly

Whales Holding AARD

C
Cormorant Asset Management, LP
Holding
AARD
-7.77%
3M Return

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Frequently Asked Questions

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

The current price of AARD is 4.07 USD — it has decreased -16.94

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 -17.70M USD, increased 247.73

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 -16134000.00 USD, increased 307.42

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

Aardvark Therapeutics Inc (AARD) has 22 emplpoyees as of March 21 2026.

What is Aardvark Therapeutics Inc (AARD) market cap?

Today AARD has the market capitalization of 88.62M USD.