Ardelyx Stockholders Approve Equity Plan Amendment

Ardelyx ( (ARDX) ) has shared an announcement.

On June 18, 2025, Ardelyx, Inc. held its Annual Meeting where stockholders approved an amendment to the 2014 Equity Incentive Award Plan. This amendment, initially approved by the Board on April 28, 2025, aims to enhance the company’s equity compensation framework. The meeting also saw the election of Class II directors, approval of the Say-On-Pay proposal, and ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

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: 5,667,787

Technical Sentiment Signal: Sell

Current Market Cap: $875.7M

For detailed information about ARDX stock, go to TipRanks’ Stock Analysis page.