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Ardelyx Inc has a consensus price target of $10.33 based on the ratings of 10 analysts. The high is $15 issued by Raymond James on January 9, 2024. The low is $5.5 issued by HC Wainwright & Co. on February 21, 2025. The 3 most-recent analyst ratings were released by Raymond James, HC Wainwright & Co., and Piper Sandler on February 21, 2025, February 21, 2025, and January 27, 2025, respectively. With an average price target of $8.83 between Raymond James, HC Wainwright & Co., and Piper Sandler, there's an implied 73.88% upside for Ardelyx Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ardelyx (NASDAQ:ARDX) was reported by Raymond James on February 21, 2025. The analyst firm set a price target for $13.00 expecting ARDX to rise to within 12 months (a possible 155.91% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Ardelyx (NASDAQ:ARDX) was provided by Raymond James, and Ardelyx reiterated their strong buy rating.
The last upgrade for Ardelyx Inc happened on August 25, 2023 when Cantor Fitzgerald raised their price target to $10. Cantor Fitzgerald previously had a neutral for Ardelyx Inc.
The last downgrade for Ardelyx Inc happened on November 11, 2024 when HC Wainwright & Co. changed their price target from N/A to $5.5 for Ardelyx Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ardelyx, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ardelyx was filed on February 21, 2025 so you should expect the next rating to be made available sometime around February 21, 2026.
While ratings are subjective and will change, the latest Ardelyx (ARDX) rating was a reiterated with a price target of $15.00 to $13.00. The current price Ardelyx (ARDX) is trading at is $5.08, which is out of the analyst’s predicted range.
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