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

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The latest price target for Ardelyx (NASDAQ:ARDX) was reported by Citigroup on July 3, 2024. The analyst firm set a price target for $10.00 expecting ARDX to rise to within 12 months (a possible 69.78% upside). 21 analyst firms have reported ratings in the last year.

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The latest analyst rating for Ardelyx (NASDAQ:ARDX) was provided by Citigroup, and Ardelyx maintained their buy rating.

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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.

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The last downgrade for Ardelyx Inc happened on May 6, 2022 when Cantor Fitzgerald changed their price target from N/A to N/A for Ardelyx Inc.

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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 July 3, 2024 so you should expect the next rating to be made available sometime around July 3, 2025.

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While ratings are subjective and will change, the latest Ardelyx (ARDX) rating was a maintained with a price target of $14.00 to $10.00. The current price Ardelyx (ARDX) is trading at is $5.89, which is out of the analyst’s predicted range.