Ardelyx Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardelyx in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ardelyx stock.
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Ardelyx is scheduled to release its next quarterly earnings announcement on Friday, March 5th 2021.
View our earnings forecast for Ardelyx.

Ardelyx, Inc. (NASDAQ:ARDX) posted its quarterly earnings results on Tuesday, November, 10th. The biopharmaceutical company reported ($0.20) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.28) by $0.08. The biopharmaceutical company had revenue of $2.71 million for the quarter, compared to analysts' expectations of $1.31 million. Ardelyx had a negative trailing twelve-month return on equity of 53.93% and a negative net margin of 1,063.74%.
View Ardelyx's earnings history.

Ardelyx's stock was trading at $5.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ARDX shares have increased by 14.2% and is now trading at $6.83.
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3 equities research analysts have issued twelve-month target prices for Ardelyx's shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate Ardelyx's stock price to reach $14.00 in the next year. This suggests a possible upside of 105.0% from the stock's current price.
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Some companies that are related to Ardelyx include Cryoport (CYRX), Ligand Pharmaceuticals (LGND), Arcus Biosciences (RCUS), Endo International (ENDP), Applied Molecular Transport (AMTI), Harmony Biosciences (HRMY), Generation Bio (GBIO), Dicerna Pharmaceuticals (DRNA), Prestige Consumer Healthcare (PBH), Stoke Therapeutics (STOK), Myovant Sciences (MYOV), ADC Therapeutics (ADCT), NGM Biopharmaceuticals (NGM), Praxis Precision Medicines (PRAX) and Madrigal Pharmaceuticals (MDGL).
View all of ARDX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ardelyx investors own include Micron Technology (MU), Dynavax Technologies (DVAX), Gilead Sciences (GILD), Rigel Pharmaceuticals (RIGL), Sorrento Therapeutics (SRNE), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Corbus Pharmaceuticals (CRBP), TherapeuticsMD (TXMD) and Advanced Micro Devices (AMD).

Ardelyx trades on the NASDAQ under the ticker symbol "ARDX."

Ardelyx's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.56%), Price T Rowe Associates Inc. MD (2.77%), Pekin Hardy Strauss Inc. (1.75%), Candriam Luxembourg S.C.A. (1.52%), Ikarian Capital LLC (1.28%) and Northern Trust Corp (0.95%). Company insiders that own Ardelyx stock include David M Mott, David P Rosenbaum, Elizabeth A Grammer, Forest Baskett, Jeffrey W Jacobs, Justin A Renz, Mark Kaufmann, Michael Raab, Robert Blanks, Scott D Sandell and Susan Rodriguez.
View institutional ownership trends for Ardelyx.

ARDX stock was sold by a variety of institutional investors in the last quarter, including Ikarian Capital LLC, Renaissance Technologies LLC, Pekin Hardy Strauss Inc., Wells Fargo & Company MN, Price T Rowe Associates Inc. MD, State of Wisconsin Investment Board, Principal Financial Group Inc., and Northern Trust Corp. Company insiders that have sold Ardelyx company stock in the last year include Elizabeth A Grammer, Forest Baskett, Jeffrey W Jacobs, Justin A Renz, Michael Raab, Robert Blanks, Scott D Sandell, and Susan Rodriguez.
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ARDX stock was purchased by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Janus Henderson Group PLC, Silverarc Capital Management LLC, Russell Investments Group Ltd., BlackRock Inc., Bailard Inc., ExodusPoint Capital Management LP, and Nuveen Asset Management LLC.
View insider buying and selling activity for Ardelyx or or view top insider-buying stocks.

Shares of ARDX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARDX stock can currently be purchased for approximately $6.83.

Ardelyx has a market capitalization of $616.39 million and generates $5.28 million in revenue each year. The biopharmaceutical company earns $-94,940,000.00 in net income (profit) each year or ($1.47) on an earnings per share basis.

Ardelyx employs 88 workers across the globe.

The official website for Ardelyx is www.ardelyx.com.

Ardelyx is headquartered at 34175 ARDENWOOD BOULEVARD SUITE 200, FREMONT CA, 94555.

Ardelyx's mailing address is 34175 ARDENWOOD BOULEVARD SUITE 200, FREMONT CA, 94555. The biopharmaceutical company can be reached via phone at 510-745-1700 or via email at [email protected]