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NASDAQ: ARDX
Ardelyx Inc Stock Forecast, Predictions & Price Target

Analyst price target for ARDX

Based on 6 analysts offering 12 month price targets for Ardelyx Inc.
Min Forecast
$11.00+70.81%
Avg Forecast
$13.83+114.8%
Max Forecast
$15.00+132.92%

Should I buy or sell ARDX stock?

Based on 6 analysts offering ratings for Ardelyx Inc.
Strong Buy
Strong Buy
3 analysts 50%
Buy
3 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ARDX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-01-10Find Out Why
lockedlocked$00.00+00.00%2024-01-09Find Out Why
HC Wainwright & Co.
Top 20%
81
BuyMaintains$11.00+70.81%2023-11-01

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Forecast return on equity

Is ARDX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

Is ARDX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ARDX revenue forecast

What is ARDX's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$207.1M+66.4%
Avg 2 year Forecast
$368.4M+196.04%
Avg 3 year Forecast
$579.2M+365.39%
ARDX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ARDX revenue growth forecast

How is ARDX forecast to perform vs Biotechnology companies and vs the US market?
Company
66.03%
Industry
37.96%
Market
10.23%
ARDX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ARDX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ARDX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ARDX$6.44$13.83+114.80%Strong Buy
PTGX$25.22$39.00+54.64%Strong Buy
VCYT$19.20$27.33+42.36%Hold
EWTX$15.45$31.75+105.50%Strong Buy
ADMA$6.20$8.50+37.10%Strong Buy

Ardelyx Stock Forecast FAQ

Is Ardelyx Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: ARDX) stock is to Strong Buy ARDX stock.

Out of 6 analysts, 3 (50%) are recommending ARDX as a Strong Buy, 3 (50%) are recommending ARDX as a Buy, 0 (0%) are recommending ARDX as a Hold, 0 (0%) are recommending ARDX as a Sell, and 0 (0%) are recommending ARDX as a Strong Sell.

If you're new to stock investing, here's how to buy Ardelyx stock.

What is ARDX's revenue growth forecast for 2024-2026?

(NASDAQ: ARDX) Ardelyx's forecast annual revenue growth rate of 66.03% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.96%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Ardelyx's revenue in 2024 is $124,456,000.On average, 6 Wall Street analysts forecast ARDX's revenue for 2024 to be $48,188,806,885, with the lowest ARDX revenue forecast at $42,911,953,595, and the highest ARDX revenue forecast at $54,034,344,778. On average, 6 Wall Street analysts forecast ARDX's revenue for 2025 to be $85,731,996,218, with the lowest ARDX revenue forecast at $73,994,150,544, and the highest ARDX revenue forecast at $99,063,741,046.

In 2026, ARDX is forecast to generate $134,771,735,834 in revenue, with the lowest revenue forecast at $121,057,222,522 and the highest revenue forecast at $148,546,747,507.

What is ARDX's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ARDX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is ARDX's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ARDX price target, the average ARDX price target is $13.83, with the highest ARDX stock price forecast at $15.00 and the lowest ARDX stock price forecast at $11.00.

On average, Wall Street analysts predict that Ardelyx's share price could reach $13.83 by Apr 17, 2025. The average Ardelyx stock price prediction forecasts a potential upside of 114.8% from the current ARDX share price of $6.44.

What is ARDX's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ARDX) forecast ROE is N/A, which is considered weak.
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