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Ardelyx ( (ARDX) ) has provided an announcement.
On June 30, 2025, Ardelyx, Inc. amended its Loan and Security Agreement, initially dated February 23, 2022, with SLR Investment Corp. and other lenders. The Fifth Amendment allowed Ardelyx to immediately draw $50 million and provided options for additional loans totaling $100 million. The loans have specific interest rates and maturity dates, with interest-only payments allowed until maturity. The amendment impacts Ardelyx’s financial strategy by securing significant funding options for future operations.
The most recent analyst rating on (ARDX) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Ardelyx stock, see the ARDX Stock Forecast page.
Spark’s Take on ARDX Stock
According to Spark, TipRanks’ AI Analyst, ARDX is a Neutral.
Ardelyx shows strong revenue growth potential, particularly with its key products, but faces significant profitability and operational challenges. The stock’s technical indicators point to a bearish trend, and its valuation metrics, particularly the negative P/E ratio, highlight ongoing financial struggles. While the earnings call was positive on growth prospects, the overall financial health and market conditions temper enthusiasm, leading to a moderate overall stock score.
To see Spark’s full report on ARDX stock, click here.
More about Ardelyx
Average Trading Volume: 5,529,672
Technical Sentiment Signal: Sell
Current Market Cap: $933.1M
For a thorough assessment of ARDX stock, go to TipRanks’ Stock Analysis page.