Arcadia Biosciences, Inc. (RKDA) AI Stock Analysis
RKDA AI stock analysis summary
AI ResearchArcadia Biosciences, Inc. (RKDA) is an agricultural biotechnology company focused on plant-based health and wellness products, particularly wheat improvements. The company generated $4.7M in trailing twelve-month revenue, but continues to post significant losses with a net profit margin of -234.5%. Following multi-year cash outflows, its market capitalization stands at $397,037 after a 1-year share price decline of 96.8%.
- Market cap
- $397,037
- Revenue (TTM)
- $4.7M
- P/E
- — fwd 36.6x
- 1Y return
- -96.8% S&P 500 16.8%
- Avg. target
- $12.00 7172.7% vs last close
Bull case
- Annual net losses narrowed from -$14.7M in FY2021 to -$2.3M in FY2025.
- Cash and short-term investments stood at $4.2M as of June 30, 2026, supporting a current ratio of 3.49.
- The single covering analyst forecasts next fiscal year revenue growth of 29.3% to $7.7M.
Bear case
- Trailing twelve-month net profit margin remained deeply negative at -234.5% on revenue of $4.7M.
- Free cash flow has been consistently negative, registering -$4.7M in FY2025 and -$9.6M in FY2024.
- Significant dilution has occurred, with the share count increasing 146.7% over five years.
What Arcadia Biosciences does
Arcadia Biosciences, Inc., based in Davis, California, produces and markets plant-based health and wellness products across the United States. Founded in 2002, the company develops crop improvements, primarily in wheat, designed to enhance farm economics by boosting crop performance and value as food ingredients. Arcadia applies biotechnology and breeding techniques to improve crop yield, quality, and resilience, aiming to create nutrient-rich crops for sustainable agricultural solutions. The company partners with food producers, health and wellness brands, and industrial entities to commercialize its agricultural science and plant-based innovations.
Growth and profitability
Between FY2020 and FY2025, Arcadia Biosciences recorded a 5-year revenue compound annual growth rate of -9.6%. Annual revenue moved from $6.8M in FY2021 to $4.9M in FY2025, with net income improving from -$14.7M to -$2.3M over the same period. Gross margin stood at 36.2% in FY2025, down from 41.3% in FY2024 and 51.2% in FY2023. Operating margin was -205.7% in FY2025. For the trailing twelve months ending June 30, 2026, revenue was $4.7M, operating margin was -34.4%, and diluted EPS was -$4.55. In the latest quarter ended June 30, 2026, quarterly revenue fell 0.8% year-over-year, while quarterly earnings grew 28.5%.
Balance sheet and cash flow
As of June 30, 2026, Arcadia Biosciences held $4.2M in cash and short-term investments out of $5.9M in total assets. Shareholders' equity was $633,000, and the current ratio was 3.49. The company has historically absorbed cash through operations, reporting operating cash flow of -$4.7M and free cash flow of -$4.7M in FY2025, though these improved from -$25.9M and -$26.9M, respectively, in FY2021. Research and development expenses were reduced from $3.9M in FY2021 to $9,000 in FY2025. Share count increased by 146.7% over the 5-year period.
Valuation and performance
At a last close of $0.17 on October 16, 2026, Arcadia Biosciences has a market capitalization of $397,037 and an enterprise value of -$3.4M. RKDA trades at a price-to-sales multiple of 0.1x compared to 0.7x for the median of its US-listed Consumer Defensive peers. Its forward price-to-earnings ratio is 36.6x, above the peer median of 14.3x. Enterprise value to EBITDA is 0.6x versus 11.7x for peers. Over the past year, RKDA fell 96.8%, compared to a 16.8% gain for the S&P 500 (SPY), and is down 99.8% over five years.
What analysts expect
For next fiscal year, one analyst covers Arcadia Biosciences, projecting revenue of $7.7M (representing 29.3% growth) and an EPS estimate of -$2.42. The mean price target is $12.00, compared to the last close of $0.17. Over the last four quarters, the company beat EPS estimates twice. The next earnings date is November 6, 2026.
Key risks and what to watch
- The stock price of $0.17 sits near its 52-week low of $0.16 and is 85.3% below its 200-day average.
- Revenue growth has struggled over the long term, contracting at a 5-year CAGR of -9.6% through FY2025.
- Annual R&D spending declined from $3.9M in FY2021 to $9,000 in FY2025, which may impact product pipeline development.
- Stockholders' equity totaled $633,000 as of June 30, 2026, against negative trailing twelve-month earnings of -$4.55 per share.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this RKDA AI stock analysis
This page is an AI-written research summary of Arcadia Biosciences, Inc. (RKDA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: RKDA income statement, RKDA balance sheet, RKDA key metrics, RKDA analyst forecast, RKDA chart. See the RKDA stock overview for the latest quote and news.
RKDA AI stock analysis FAQ
What does Arcadia Biosciences do?
Arcadia Biosciences, Inc. develops and commercializes plant-based health and wellness products and crop improvements, with a primary focus on enhancing wheat traits for farm economics and nutrition.
Does Arcadia Biosciences pay a dividend?
Arcadia Biosciences does not pay a dividend.
What is RKDA's cash position?
As of June 30, 2026, the company had $4.2M in cash and short-term investments and a current ratio of 3.49.
When is Arcadia Biosciences' next earnings report?
The next earnings date listed for Arcadia Biosciences is November 6, 2026.