Ardelyx, Inc. (ARDX)
NASDAQ: ARDX · Real-Time Price · USD
4.920
+0.130 (2.71%)
At close: Nov 20, 2024, 4:00 PM
4.910
-0.010 (-0.20%)
Pre-market: Nov 21, 2024, 4:03 AM EST
Ardelyx Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ardelyx stock have an average target of 11.75, with a low estimate of 5.50 and a high estimate of 15. The average target predicts an increase of 138.82% from the current stock price of 4.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ardelyx stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 2 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades $5.5 | Strong Buy → Hold | Downgrades | $5.5 | +11.79% | Nov 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +103.25% | Nov 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +123.58% | Nov 1, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +123.58% | Aug 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $10 → $12 | Strong Buy | Maintains | $10 → $12 | +143.90% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
332.59M
from 124.46M
Increased by 167.24%
Revenue Next Year
395.54M
from 332.59M
Increased by 18.93%
EPS This Year
-0.18
from -0.30
EPS Next Year
-0.07
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 360.2M | 570.2M | 708.8M | ||
| Avg | 332.6M | 395.5M | 578.4M | ||
| Low | 308.6M | 228.3M | 384.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 189.4% | 71.4% | 79.2% | ||
| Avg | 167.2% | 18.9% | 46.2% | ||
| Low | 148.0% | -31.3% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.14 | 0.42 | 0.94 | ||
| Avg | -0.18 | -0.07 | 0.59 | ||
| Low | -0.23 | -0.49 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.