Ardelyx, Inc. (ARDX)
NASDAQ: ARDX · Real-Time Price · USD
4.820
+0.130 (2.77%)
At close: Dec 20, 2024, 4:00 PM
4.810
-0.010 (-0.21%)
After-hours: Dec 20, 2024, 5:25 PM 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 143.78% from the current stock price of 4.82.
Analyst Consensus: Buy
* Price targets were last updated on Nov 11, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 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 | +14.11% | Nov 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +107.47% | Nov 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +128.22% | Nov 1, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +128.22% | Aug 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $10 → $12 | Strong Buy | Maintains | $10 → $12 | +148.96% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
333.63M
from 124.46M
Increased by 168.07%
Revenue Next Year
409.20M
from 333.63M
Increased by 22.65%
EPS This Year
-0.18
from -0.30
EPS Next Year
-0.07
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 360.2M | 570.2M | 708.8M | |||
| Avg | 333.6M | 409.2M | 559.2M | |||
| Low | 308.6M | 289.8M | 384.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 189.4% | 70.9% | 73.2% | |||
| Avg | 168.1% | 22.7% | 36.6% | |||
| Low | 148.0% | -13.1% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.14 | 0.42 | 0.94 | |||
| Avg | -0.18 | -0.07 | 0.52 | |||
| Low | -0.23 | -0.49 | 0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.