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ARDX Stock Chart & Stats
$6.45
-$0.17(-3.14%)
At close: 4:00 PM EST
$6.45
-$0.17(-3.14%)
Day’s Range― - ―
52-Week Range$3.49 - $8.40
Previous CloseN/A
Volume1.36M
Average Volume (3M)3.43M
Market Cap
$1.30B
Enterprise Value$1.62B
Total Cash (Recent Filing)$238.07M
Total Debt (Recent Filing)$208.26M
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Jul 30, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding247,029,390
10 Day Avg. Volume3,833,580
30 Day Avg. Volume3,432,197
Financial Highlights & Ratios
PEG Ratio-0.42
Price to Book (P/B)8.42
Price to Sales (P/S)3.45
P/FCF Ratio-31.96
Enterprise Value/Market Cap1.24
Enterprise Value/Revenue3.79
Enterprise Value/Gross Profit4.12
Enterprise Value/Ebitda-63.47
Forecast
1Y Price Target
$16.17Price Target Upside150.65% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$545.48M
Bulls Say, Bears Say
Bulls Say
High Gross Margins & Revenue AccelerationSustained high gross margins (~85–93%) combined with accelerating revenue indicate strong product economics and pricing power. This provides durable operating leverage as sales scale, improving the odds that incremental revenue converts to margin expansion and eventual profitability if commercial momentum persists.
Commercial Execution & Reiterated GuidanceManagement’s reiteration of ambitious 2026 product targets alongside Q1 product revenue growth (+38% YoY; Ibsrela +58%) evidences repeatable commercialization. Durable initiatives—pharmacy network, field reimbursement managers, and improved refill behavior—support predictable uptake and sustain revenue growth over the medium term.
Pipeline Advancement (EXCEL Phase 3)Rapid Phase 3 startup and ongoing pediatric/next‑generation programs broaden future opportunity and lower single‑product risk. Successful trials and potential label expansions would extend exclusivity and address new indications, creating a durable growth runway beyond current commercial sales if clinical outcomes are positive.
Bears Say
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow forces dependence on external financing to fund operations and trials. Even with improved burn versus prior years, consistent negative FCF limits self‑funding, increases refinancing needs, and raises execution risk if revenue or reimbursement trends slow, affecting long‑term stability.
Rising LeverageLeverage above 1.0 materially increases interest, covenant, and liquidity risk for a loss‑making biotech. Higher debt amplifies refinancing and default exposure, and greater debt service can crowd out R&D/commercial investments or force dilutive financing if operating cash flow does not turn positive as projected.
Elevated OpEx GrowthA sizable planned OpEx ramp to support commercialization and Phase 3 activity raises the fixed cost base. With OpEx running near the scale of revenue guidance, profitability and cash‑flow improvement are sensitive to execution and GTN fluctuations, delaying durable breakeven if revenue growth underperforms.
ARDX FAQ
What was Ardelyx Inc’s price range in the past 12 months?
Ardelyx Inc lowest stock price was $3.49 and its highest was $8.40 in the past 12 months.
What is Ardelyx Inc’s market cap?
Ardelyx Inc’s market cap is $1.30B.
When is Ardelyx Inc’s upcoming earnings report date?
Ardelyx Inc’s upcoming earnings report date is Jul 30, 2026 which is in 26 days.
How were Ardelyx Inc’s earnings last quarter?
Ardelyx Inc released its earnings results on Apr 30, 2026. The company reported -$0.15 earnings per share for the quarter, missing the consensus estimate of -$0.142 by -$0.008.
Is Ardelyx Inc overvalued?
According to Wall Street analysts Ardelyx Inc’s price is currently Undervalued.
Does Ardelyx Inc pay dividends?
Ardelyx Inc does not currently pay dividends.
What is Ardelyx Inc’s EPS estimate?
Ardelyx Inc’s EPS estimate is -0.04.
How many shares outstanding does Ardelyx Inc have?
Ardelyx Inc has 247,029,390 shares outstanding.
What happened to Ardelyx Inc’s price movement after its last earnings report?
Ardelyx Inc reported an EPS of -$0.15 in its last earnings report, missing expectations of -$0.142. Following the earnings report the stock price went up 8.689%.
Which hedge fund is a major shareholder of Ardelyx Inc?
Currently, no hedge funds are holding shares in ARDX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ardelyx Stock Smart Score
Underperform
1
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.17 (150.65% Upside)
$16.17 (150.65% Upside)
Blogger Sentiment
Bullish
ARDX Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $533.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 2.1%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.77%
12-Months-Change
Fundamentals
Return on Equity
-38.11%
Trailing 12-Months
Asset Growth
22.99%
Trailing 12-Months
Company Description
Ardelyx Inc
Ardelyx, Inc. is a biopharmaceutical firm dedicated to the discovery, development, and commercialization of innovative medicines. The company primarily focuses on addressing gastrointestinal (GI) and cardiorenal conditions, serving patients both domestically in the United States and across international markets. Its flagship product candidate is tenapanor. This drug has successfully completed Phase III clinical trials for treating irritable bowel syndrome with constipation (IBS-C) and is also currently in Phase III development to manage hyperphosphatemia (high serum phosphorus) in adult patients with chronic kidney disease (CKD) who are undergoing dialysis. Ardelyx is also advancing other key pipeline assets, including RDX013, a potassium secretagogue designed to combat hyperkalemia (elevated serum potassium), a significant issue for individuals with compromised kidney and/or heart function. Furthermore, the company is in the early stages of developing RDX020, which targets metabolic acidosis, a serious electrolyte disorder frequently seen in CKD patients. To broaden the reach of tenapanor, Ardelyx has established strategic partnerships with Kyowa Kirin in Japan, Fosun Pharmaceutical Industrial Development Co. Ltd. in China, and Knight Therapeutics, Inc. in Canada, granting them rights for the drug's development and commercialization in their respective regions. Originally incorporated in 2007 as Nteryx, Inc., the company adopted its current name, Ardelyx, Inc., in June 2008. Its headquarters are located in Waltham, Massachusetts.
ARDX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and commercial achievements — notably robust Ibsrela growth (58% YoY), solid product revenue expansion (+38% total product revenue), active pipeline advancement (EXCEL Phase 3 initiated with rapid site activation), improved net loss versus prior year, and strengthened financial optionality via debt refinancing and $238M in cash. Headwinds include elevated and growing OpEx tied to commercialization and Phase 3 activity, GAAP reporting complexity for Exposa due to prior‑year adjustments, Q1 seasonality and storm‑related disruptions, and near‑term gross‑to‑net pressure. On balance the company reiterated mid‑ and long‑term revenue targets and appears confident in execution, though profitability and competitive risk remain items to monitor.View all ARDX earnings summariesARDX Stock 12 Month Forecast
Average Price Target
$16.17
▲(150.65% Upside)
Technical Analysis
Vericel
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Ownership Overview
3.71% Insiders
22.41% Mutual Funds
<0.01% Other Institutional Investors
59.24% Public Companies and
Individual Investors









