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Ardelyx

ARDXNASDAQ
Logo brought to you by Benzinga Data
$5.06
-0.66-11.54%
At close: -
$5.08
0.020.40%
After Hours: 7:40 PM EDT
Q4 2024 Earnings were released on Thu Feb 20th, before the market open
The most recent conference call was at 8:00 AM, 2 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$15.00
Lowest Price Target1
$5.50
Consensus Price Target1
$10.33

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

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.

Analyst Trends and Forecast
2
1
Nov 24
1
2
Jan
1
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Raymond James
HC Wainwright & Co.
Piper Sandler
Jefferies
Citigroup

1calculated from analyst ratings

Analyst Ratings for Ardelyx

Data brought to you by Benzinga APIs

FAQ

Q

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

A

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.

Q

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

A

The latest analyst rating for Ardelyx (NASDAQ:ARDX) was provided by Raymond James, and Ardelyx reiterated their strong buy 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 February 21, 2025 so you should expect the next rating to be made available sometime around February 21, 2026.

Q

Is the Analyst Rating Ardelyx (ARDX) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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