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Ardelyx Inc
NASDAQ:ARDX

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Ardelyx Inc
NASDAQ:ARDX
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Price: 8.72 USD 28.42% Market Closed
Updated: May 5, 2024

Wall Street
Price Targets

ARDX Price Targets Summary
Ardelyx Inc

Wall Street analysts forecast ARDX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ARDX is 13.66 USD with a low forecast of 11.11 USD and a high forecast of 16.8 USD.

Lowest
Price Target
11.11 USD
27% Upside
Average
Price Target
13.66 USD
57% Upside
Highest
Price Target
16.8 USD
93% Upside

ARDX Last Price Targets
Ardelyx Inc

The latest public price target was made on Dec 18, 2023 by Ryan Deschner from Raymond James , who expects ARDX stock to rise by 38% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Ryan Deschner
Raymond James
12 USD
Upside 38%
4 months ago
Dec 18, 2023
Patient Demand Drives Ardelyx's Constipation Drug Success Amid IBS-C Treatment Gap, Says Analyst
Benzinga
Ryan Deschner
Raymond James
Price Target 12 USD
Upside/Downside 38%
View Source
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Revenue
Forecast

Revenue Estimate
Ardelyx Inc

For the last 8 years the compound annual growth rate for Ardelyx Inc's revenue is 23%. The projected CAGR for the next 3 years is 66%.

23%
Past Growth
66%
Estimated Growth
Estimates Accuracy
5%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Ardelyx Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Ardelyx Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-73%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ARDX's stock price target?
Price Target
13.66 USD

According to Wall Street analysts, the average 1-year price target for ARDX is 13.66 USD with a low forecast of 11.11 USD and a high forecast of 16.8 USD.

What is Ardelyx Inc's Revenue forecast?
Projected CAGR
66%

For the last 8 years the compound annual growth rate for Ardelyx Inc's revenue is 23%. The projected CAGR for the next 3 years is 66%.