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Ardelyx

ARDXNASDAQ
Logo brought to you by Benzinga Data
$4.82
0.132.77%
At close: -
$4.81
-0.01-0.21%
After Hours: Dec 20, 5:25 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$15.00
Lowest Price Target1
$5.00
Consensus Price Target1
$10.50

Ardelyx (NASDAQ:ARDX) Stock, Analyst Ratings, Price Targets, Forecasts

Ardelyx Inc has a consensus price target of $10.5 based on the ratings of 9 analysts. The high is $15 issued by Piper Sandler on May 24, 2024. The low is $5 issued by Jefferies on March 2, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Citigroup, and HC Wainwright & Co. on November 11, 2024, November 4, 2024, and November 1, 2024, respectively. With an average price target of $8.83 between HC Wainwright & Co., Citigroup, and HC Wainwright & Co., there's an implied 83.65% upside for Ardelyx Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jul
3
Aug
2
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Citigroup
Wedbush
Piper Sandler
Leerink Partners

1calculated from analyst ratings

Analyst Ratings for Ardelyx

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FAQ

Q

What is the target price for Ardelyx (ARDX) stock?

A

The latest price target for Ardelyx (NASDAQ:ARDX) was reported by HC Wainwright & Co. on November 11, 2024. The analyst firm set a price target for $5.50 expecting ARDX to rise to within 12 months (a possible 14.35% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ardelyx (ARDX)?

A

The latest analyst rating for Ardelyx (NASDAQ:ARDX) was provided by HC Wainwright & Co., and Ardelyx downgraded their neutral rating.

Q

When was the last upgrade for Ardelyx (ARDX)?

A

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.

Q

When was the last downgrade for Ardelyx (ARDX)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Ardelyx (ARDX)?

A

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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating Ardelyx (ARDX) correct?

A

While ratings are subjective and will change, the latest Ardelyx (ARDX) rating was a downgraded with a price target of $0.00 to $5.50. The current price Ardelyx (ARDX) is trading at is $4.81, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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