Ardelyx (ARDX) Stock Forecast, Price Target & Predictions
ARDX Stock Forecast
Ardelyx (ARDX) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $9.50, with a high of $11.00 and a low of $8.00. This represents a 73.36% increase from the last price of $5.48.
ARDX Stock Rating
Ardelyx stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (87.50%), 1 Hold (12.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
ARDX Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Ardelyx | 73.36% |
Sector | Healthcare Stocks | 25.20% |
Industry | Biotech Stocks | 63.35% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 4 |
Avg Price Target | $8.00 | $8.00 | $11.00 |
Last Closing Price | $5.48 | $5.48 | $5.48 |
Upside/Downside | 45.99% | 45.99% | 100.73% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | - | 8 | 3 | - | - | 11 |
Dec, 24 | - | 8 | 2 | - | - | 10 |
Nov, 24 | 5 | 8 | 2 | - | - | 15 |
Oct, 24 | 7 | 8 | 1 | - | - | 16 |
Sep, 24 | 7 | 8 | 1 | - | - | 16 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jan 02, 2025 | Dennis Ding | Jefferies | $8.00 | $5.12 | 56.25% | 45.99% |
Aug 05, 2024 | Ed Arce | H.C. Wainwright | $11.00 | $6.05 | 81.82% | 100.73% |
Jul 05, 2024 | Ed Arce | H.C. Wainwright | $10.00 | $5.29 | 89.04% | 82.48% |
May 24, 2024 | Christopher Raymond | Raymond James | $15.00 | $7.20 | 108.33% | 173.72% |
Dec 18, 2023 | Ryan Deschner | Raymond James | $12.00 | $6.31 | 90.17% | 118.98% |
Dec 30, 2022 | Citigroup | $7.00 | $2.85 | 145.61% | 27.74% | |
Dec 29, 2022 | Laura Chico | Wedbush | $2.00 | $2.34 | -14.53% | -63.50% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 02, 2025 | Jefferies | Buy | Buy | hold |
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 |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-1.05 | $-1.52 | $-0.42 | $-0.30 | - | - | - | - | - |
Avg Forecast | $-1.00 | $-1.51 | $-0.51 | $-0.27 | $-0.17 | $-0.14 | $0.40 | $0.84 | $1.21 |
High Forecast | $-1.26 | $-1.92 | $-0.70 | $-0.30 | $-0.23 | $-0.45 | $0.04 | $0.47 | $1.03 |
Low Forecast | $-0.77 | $-1.17 | $-0.39 | $-0.21 | $-0.12 | $0.38 | $0.93 | $1.34 | $1.52 |
Surprise % | 5.00% | 0.66% | -17.65% | 11.11% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $7.57M | $10.10M | $52.16M | $124.46M | - | - | - | - | - |
Avg Forecast | $6.92M | $9.75M | $34.15M | $124.20M | $327.18M | $374.66M | $503.68M | $650.81M | $797.50M |
High Forecast | $5.71M | $8.04M | $28.01M | $122.28M | $314.26M | $342.01M | $495.00M | $631.79M | $704.65M |
Low Forecast | $8.34M | $11.74M | $44.16M | $127.81M | $341.44M | $410.26M | $512.36M | $669.84M | $952.97M |
Surprise % | 9.36% | 3.56% | 52.74% | 0.20% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-94.31M | $-158.16M | $-67.21M | $-66.07M | - | - | - | - | - |
Avg Forecast | $-219.06M | $-135.94M | $-138.92M | $-66.07M | $-38.82M | $-45.84M | $83.22M | $207.57M | $265.76M |
High Forecast | $-277.26M | $-163.13M | $-166.71M | $-79.28M | $-51.03M | $-98.10M | $8.18M | $103.80M | $225.54M |
Low Forecast | $-169.11M | $-108.75M | $-111.14M | $-52.85M | $-26.62M | $83.49M | $204.48M | $294.88M | $333.11M |
Surprise % | -56.95% | 16.35% | -51.62% | 0.00% | - | - | - | - | - |