Ardelyx (ARDX) Stock Forecast, Price Target & Predictions
ARDX Stock Forecast
Ardelyx stock forecast is as follows: an average price target of $8.75 (represents a 56.25% upside from ARDX’s last price of $5.60) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
ARDX Price Target
ARDX Analyst Ratings
Ardelyx Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 05, 2024 | Ed Arce | H.C. Wainwright | $11.00 | $6.05 | 81.82% | 96.43% |
Jul 05, 2024 | Ed Arce | H.C. Wainwright | $10.00 | $5.29 | 89.04% | 78.57% |
May 24, 2024 | Christopher Raymond | Raymond James | $15.00 | $7.20 | 108.31% | 167.86% |
Dec 18, 2023 | Ryan Deschner | Raymond James | $12.00 | $6.30 | 90.33% | 114.29% |
Dec 30, 2022 | - | Citigroup | $7.00 | $2.85 | 145.61% | 25.00% |
Dec 29, 2022 | Laura Chico | Wedbush | $2.00 | $2.33 | -14.35% | -64.29% |
Ardelyx Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 4 |
Avg Price Target | - | $10.50 | $12.00 |
Last Closing Price | $5.60 | $5.60 | $5.60 |
Upside/Downside | -100.00% | 87.50% | 114.29% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 05, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Aug 02, 2024 | Wedbush | Buy | Buy | Hold |
Jul 05, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Jul 02, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
Jun 20, 2024 | Wedbush | Buy | Buy | Hold |
May 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
May 24, 2024 | Wedbush | Buy | Buy | Hold |
May 03, 2024 | Cowen & Co. | Buy | Buy | Hold |
May 03, 2024 | Citigroup | Buy | Buy | Hold |
Apr 05, 2024 | Wedbush | Buy | Buy | Hold |
Ardelyx Financial Forecast
Ardelyx Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $56.39M | $22.33M | $11.37M | $44.18M | $4.99M | - | $468.00K | $1.03M | $1.17M | $1.31M | $6.58M | $1.81M | $2.71M | $1.84M | $1.21M | $2.25M | $3.01M | $18.00K | - | $172.00K | $30.00K |
Avg Forecast | $89.70M | $99.58M | $91.91M | $82.28M | $98.05M | $86.24M | $55.03M | $36.40M | $34.06M | $22.57M | $15.28M | $10.41M | $23.18M | $3.92M | $2.22M | $875.00K | $875.50K | $1.32M | $940.00K | $1.38M | $1.66M | $1.36M | $1.81M | $550.00K | $975.00K | $150.00K | $200.00K | $200.00K | $180.82K | $31.43K |
High Forecast | $95.66M | $106.20M | $98.02M | $87.74M | $104.57M | $89.50M | $58.69M | $38.82M | $37.65M | $24.09M | $16.30M | $11.10M | $24.71M | $4.18M | $2.22M | $949.58K | $950.13K | $1.43M | $1.02M | $1.49M | $1.80M | $1.47M | $1.96M | $596.88K | $1.06M | $162.78K | $217.05K | $217.05K | $216.98K | $37.71K |
Low Forecast | $81.96M | $90.99M | $83.98M | $75.18M | $89.60M | $82.62M | $50.28M | $33.26M | $32.16M | $20.81M | $13.96M | $9.51M | $21.18M | $3.58M | $2.22M | $751.59K | $752.02K | $1.13M | $807.43K | $1.18M | $1.43M | $1.17M | $1.55M | $472.43K | $837.49K | $128.84K | $171.79K | $171.79K | $144.66K | $25.14K |
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 18 |
Surprise % | - | - | - | - | - | - | - | - | - | 2.50% | 1.46% | 1.09% | 1.91% | 1.27% | - | 0.53% | 1.18% | 0.89% | 1.40% | 4.79% | 1.09% | 2.00% | 1.01% | 2.21% | 2.31% | 20.09% | 0.09% | - | 0.95% | 0.95% |
Ardelyx EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 18 |
EBITDA | - | - | - | - | - | - | - | - | - | $7.40M | $-16.62M | $-24.76M | $12.52M | $-20.55M | - | $-27.09M | $-35.06M | $-41.91M | $-43.62M | $-31.63M | $-27.14M | $-16.47M | $-23.26M | $-20.52M | $-17.88M | $-21.16M | $-23.34M | $-24.03M | $-23.46M | $-21.62M |
Avg Forecast | $-79.74M | $-88.52M | $-81.71M | $-73.14M | $-87.17M | $-76.67M | $-48.92M | $-45.32M | $-30.28M | $-20.06M | $-13.58M | $-35.83M | $-20.60M | $-42.41M | $-1.97M | $-28.32M | $-33.89M | $-33.53M | $-32.72M | $-30.67M | $-1.48M | $-21.17M | $-21.47M | $-20.52M | $-866.73K | $-21.16M | $-21.50M | $-22.91M | $-24.61M | $-22.60M |
High Forecast | $-72.86M | $-80.89M | $-74.66M | $-66.83M | $-79.65M | $-73.44M | $-44.70M | $-36.26M | $-28.59M | $-18.50M | $-12.41M | $-28.66M | $-18.82M | $-33.93M | $-1.97M | $-22.66M | $-27.11M | $-26.82M | $-26.17M | $-24.54M | $-1.27M | $-16.94M | $-17.18M | $-16.42M | $-744.49K | $-16.92M | $-17.20M | $-18.33M | $-19.69M | $-18.08M |
Low Forecast | $-85.04M | $-94.40M | $-87.14M | $-78.00M | $-92.96M | $-79.56M | $-52.17M | $-54.39M | $-33.47M | $-21.41M | $-14.49M | $-42.99M | $-21.97M | $-50.90M | $-1.97M | $-33.99M | $-40.66M | $-40.23M | $-39.26M | $-36.81M | $-1.60M | $-25.41M | $-25.77M | $-24.63M | $-940.61K | $-25.39M | $-25.79M | $-27.50M | $-29.53M | $-27.12M |
Surprise % | - | - | - | - | - | - | - | - | - | -0.37% | 1.22% | 0.69% | -0.61% | 0.48% | - | 0.96% | 1.03% | 1.25% | 1.33% | 1.03% | 18.36% | 0.78% | 1.08% | 1.00% | 20.63% | 1.00% | 1.09% | 1.05% | 0.95% | 0.96% |
Ardelyx Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 18 |
Net Income | - | - | - | - | - | - | - | - | - | $6.63M | $-17.12M | $-26.77M | $10.70M | $-23.91M | - | $-28.07M | $-37.22M | $-43.59M | $-45.19M | $-33.16M | $-28.88M | $-18.11M | $-24.96M | $-22.37M | $-19.79M | $-23.54M | $-25.47M | $-26.14M | $-24.13M | $-22.29M |
Avg Forecast | $-17.37M | $-7.49M | $-12.96M | $-20.42M | $-8.26M | $-11.81M | $-24.87M | $-46.96M | $-22.21M | $-25.24M | $-27.04M | $-37.12M | $543.03K | $-44.11M | $-44.89M | $-29.35M | $-35.03M | $-34.87M | $-33.89M | $-32.15M | $-57.30B | $-23.28M | $-23.04M | $-22.37M | $-71.25B | $-23.54M | $-23.46M | $-24.13M | $-25.30M | $-23.30M |
High Forecast | $-15.43M | $-6.65M | $-11.51M | $-18.13M | $-7.33M | $-2.36M | $-22.08M | $-37.57M | $-9.87M | $-13.76M | $-24.01M | $-29.70M | $589.94K | $-35.29M | $-44.89M | $-23.48M | $-28.02M | $-27.90M | $-27.11M | $-25.72M | $-46.80B | $-18.63M | $-18.43M | $-17.90M | $-58.18B | $-18.83M | $-18.77M | $-19.31M | $-20.24M | $-18.64M |
Low Forecast | $-18.87M | $-8.13M | $-14.08M | $-22.19M | $-8.97M | $-21.26M | $-27.02M | $-56.35M | $-27.14M | $-34.41M | $-29.38M | $-44.55M | $482.13K | $-52.93M | $-44.89M | $-35.22M | $-42.03M | $-41.84M | $-40.67M | $-38.58M | $-63.65B | $-27.94M | $-27.64M | $-26.85M | $-79.14B | $-28.25M | $-28.15M | $-28.96M | $-30.36M | $-27.97M |
Surprise % | - | - | - | - | - | - | - | - | - | -0.26% | 0.63% | 0.72% | 19.69% | 0.54% | - | 0.96% | 1.06% | 1.25% | 1.33% | 1.03% | 0.00% | 0.78% | 1.08% | 1.00% | 0.00% | 1.00% | 1.09% | 1.08% | 0.95% | 0.96% |
Ardelyx SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 18 |
SG&A | - | - | - | - | - | - | - | - | - | $32.66M | $27.19M | $26.80M | $19.73M | $18.67M | - | $19.34M | $15.33M | $19.71M | $20.12M | $17.13M | $11.34M | $7.63M | $7.04M | $7.14M | $6.86M | $6.92M | $5.37M | $5.12M | $5.96M | $6.14M |
Avg Forecast | $335.18M | $372.10M | $343.45M | $307.45M | $366.40M | $322.26M | $205.63M | $32.35M | $127.27M | $84.33M | $57.10M | $38.88M | $86.60M | $14.65M | $8.30M | $3.27M | $3.27M | $4.92M | $3.51M | $5.14M | $6.21M | $5.08M | $6.76M | $2.06M | $3.64M | $560.50K | $747.34K | $747.34K | $675.67K | $117.44K |
High Forecast | $357.45M | $396.83M | $366.27M | $327.88M | $390.75M | $334.42M | $219.29M | $38.82M | $140.70M | $90.00M | $60.90M | $41.47M | $92.35M | $15.63M | $8.30M | $3.55M | $3.55M | $5.34M | $3.81M | $5.58M | $6.74M | $5.51M | $7.34M | $2.23M | $3.95M | $608.28K | $811.04K | $811.04K | $810.80K | $140.92K |
Low Forecast | $306.26M | $340.00M | $313.82M | $280.92M | $334.79M | $308.71M | $187.89M | $25.88M | $120.17M | $77.78M | $52.18M | $35.53M | $79.13M | $13.39M | $8.30M | $2.81M | $2.81M | $4.23M | $3.02M | $4.41M | $5.34M | $4.36M | $5.81M | $1.77M | $3.13M | $481.45K | $641.94K | $641.94K | $540.53K | $93.94K |
Surprise % | - | - | - | - | - | - | - | - | - | 0.39% | 0.48% | 0.69% | 0.23% | 1.27% | - | 5.91% | 4.69% | 4.01% | 5.73% | 3.33% | 1.83% | 1.50% | 1.04% | 3.47% | 1.88% | 12.35% | 7.19% | 6.85% | 8.82% | 52.27% |
Ardelyx EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 18 |
EPS | - | - | - | - | - | - | - | - | - | $0.03 | $-0.00 | $-0.13 | $0.06 | $-0.14 | - | $-0.21 | $-0.32 | $-0.42 | $-0.45 | $-0.34 | $-0.32 | $-0.20 | $-0.28 | $-0.25 | $-0.27 | $-0.37 | $-0.41 | $-0.42 | $-0.39 | $-0.42 |
Avg Forecast | $-0.07 | $-0.03 | $-0.06 | $-0.09 | $-0.04 | $-0.05 | $-0.11 | $-0.15 | $-0.09 | $-0.11 | $-0.12 | $-0.10 | - | $-0.17 | $-0.19 | $-0.22 | $-0.30 | $-0.35 | $-0.37 | $-0.33 | $-0.26 | $-0.28 | $-0.27 | $-0.25 | $-0.32 | $-0.37 | $-0.38 | $-0.39 | $-0.43 | $-0.46 |
High Forecast | $-0.07 | $-0.03 | $-0.05 | $-0.08 | $-0.03 | $-0.01 | $-0.09 | $-0.13 | $-0.04 | $-0.06 | $-0.10 | $-0.09 | - | $-0.15 | $-0.19 | $-0.18 | $-0.25 | $-0.29 | $-0.30 | $-0.27 | $-0.21 | $-0.23 | $-0.22 | $-0.20 | $-0.27 | $-0.30 | $-0.31 | $-0.32 | $-0.34 | $-0.37 |
Low Forecast | $-0.08 | $-0.03 | $-0.06 | $-0.09 | $-0.04 | $-0.09 | $-0.12 | $-0.16 | $-0.12 | $-0.15 | $-0.13 | $-0.11 | - | $-0.18 | $-0.19 | $-0.25 | $-0.34 | $-0.39 | $-0.41 | $-0.37 | $-0.29 | $-0.31 | $-0.30 | $-0.28 | $-0.36 | $-0.41 | $-0.42 | $-0.43 | $-0.52 | $-0.55 |
Surprise % | - | - | - | - | - | - | - | - | - | -0.28% | 0.00% | 1.29% | 25.92% | 0.83% | - | 0.95% | 1.05% | 1.20% | 1.23% | 1.03% | 1.22% | 0.71% | 1.05% | 1.00% | 0.83% | 1.00% | 1.07% | 1.08% | 0.91% | 0.91% |
Ardelyx Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
HEPA | Hepion Pharmaceuticals | $0.72 | $70.00 | 9622.22% | Buy |
LXRX | Lexicon Pharmaceuticals | $1.61 | $10.00 | 521.12% | Buy |
VSTM | Verastem | $2.40 | $8.33 | 247.08% | Buy |
PDSB | PDS Bio | $2.93 | $9.00 | 207.17% | Buy |
INZY | Inozyme Pharma | $4.98 | $14.00 | 181.12% | Buy |
IBRX | ImmunityBio | $3.38 | $8.00 | 136.69% | Sell |
TERN | Terns Pharmaceuticals | $7.81 | $12.50 | 60.05% | Buy |
MREO | Mereo BioPharma Group | $4.32 | $6.75 | 56.25% | Buy |
ARDX | Ardelyx | $5.60 | $8.75 | 56.25% | Buy |
ZURA | Zura Bio | $3.62 | $5.00 | 38.12% | Buy |
MCRB | Seres Therapeutics | $0.95 | $1.25 | 31.58% | Buy |
HOOK | HOOKIPA Pharma | $4.74 | $3.00 | -36.71% | Buy |
ARDX Forecast FAQ
Is Ardelyx a good buy?
Yes, according to 8 Wall Street analysts, Ardelyx (ARDX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of ARDX's total ratings.
What is ARDX's price target?
Ardelyx (ARDX) average price target is $8.75 with a range of $2 to $15, implying a 56.25% from its last price of $5.6. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ardelyx stock go up soon?
According to Wall Street analysts' prediction for ARDX stock, the company can go up by 56.25% (from the last price of $5.6 to the average price target of $8.75), up by 167.86% based on the highest stock price target, and down by -64.29% based on the lowest stock price target.
Can Ardelyx stock reach $8?
ARDX's average twelve months analyst stock price target of $8.75 supports the claim that Ardelyx can reach $8 in the near future.
What are Ardelyx's analysts' financial forecasts?
Ardelyx's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $275.72M (high $291.57M, low $255.75M), average EBITDA is $-258M (high $-234M, low $-279M), average net income is $-91.899M (high $-69.341M, low $-114M), average SG&A $926.64M (high $983.28M, low $857.27M), and average EPS is $-0.339 (high $-0.266, low $-0.404). ARDX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $363.47M (high $387.62M, low $332.11M), average EBITDA is $-323M (high $-295M, low $-345M), average net income is $-58.244M (high $-51.712M, low $-63.275M), average SG&A $1.36B (high $1.45B, low $1.24B), and average EPS is $-0.248 (high $-0.22, low $-0.27).
Did the ARDX's actual financial results beat the analysts' financial forecasts?
Based on Ardelyx's last annual report (Dec 2022), the company's revenue was $52.16M, beating the average analysts forecast of $30.19M by 72.75%. Apple's EBITDA was $-62.126M, missing the average prediction of $-93.311M by -33.42%. The company's net income was $-67.207M, missing the average estimation of $-118M by -42.95%. Apple's SG&A was $76.6M, missing the average forecast of $112.82M by -32.11%. Lastly, the company's EPS was $-0.42, missing the average prediction of $-0.58 by -27.57%. In terms of the last quarterly report (Sep 2023), Ardelyx's revenue was $56.39M, beating the average analysts' forecast of $22.57M by 149.86%. The company's EBITDA was $7.4M, missing the average prediction of $-20.063M by -136.87%. Ardelyx's net income was $6.63M, missing the average estimation of $-25.235M by -126.27%. The company's SG&A was $32.66M, missing the average forecast of $84.33M by -61.27%. Lastly, the company's EPS was $0.03, missing the average prediction of $-0.108 by -127.89%