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$0.65 (-1.07%)

Volume: 1.947M

Closed: May 16, 2022

Hollow Logo Score: -5.675

Ardelyx Stock Forecast

BUY SELL NASDAQ:ARDX
$0.65 (-1.07%)

Volume: 1.947M

Closed: May 16, 2022

Score Hollow Logo -5.675

Ardelyx Stock Forecast NASDAQ:ARDX

Price Target and Analyst Ratings

Historical Ratings

Date Upside / Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
2022-05-06 - Cantor Fitzgerald - Downgrades Overweight Neutral
2022-03-02 669.23% Jefferies $1.00 $5.00 Upgrades Hold Buy
2021-12-01 1900% Citigroup $7.00 $13.00 Maintains Buy
2021-12-01 823.08% Ladenburg Thalmann $6.00 Upgrades Neutral Buy
2021-10-14 - Ladenburg Thalmann - Downgrades Buy Neutral
2021-07-21 207.69% Jefferies $11.00 $2.00 Downgrades Buy Hold
2021-07-20 361.54% Wedbush $3.00 Downgrades Outperform Neutral
2021-07-20 515.38% Piper Sandler $14.00 $4.00 Downgrades Overweight Neutral
2021-03-23 2053.85% Wedbush $14.00 Initiates Coverage On Outperform
2021-01-06 2053.85% Cantor Fitzgerald $14.00 Initiates Coverage On Overweight
2020-12-11 2053.85% SVB Leerink $11.00 $14.00 Maintains Outperform
2020-02-18 1592.31% Jefferies $11.00 Assumes Buy
2020-02-12 1900% Citigroup $13.00 Initiates Coverage On Buy
2020-02-10 - Cowen & Co. - Initiates Coverage On Outperform
2019-09-24 1284.62% SVB Leerink $8.00 $9.00 Maintains Outperform

ARDX Stock Trend

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.56 is broken, it will firstly indicate a stronger fall rate.

Given the current short-term trend, the stock is expected to fall -7.52% during the next 3 months and, with a 90% probability hold a price between $0.52 and $1.04 at the end of this 3-month period.

Data

Date Bottom Mid Top
2022-05-18 $0.56 $0.84 $1.12
2022-05-19 $0.56 $0.84 $1.12
2022-05-20 $0.56 $0.84 $1.12
2022-05-23 $0.56 $0.84 $1.12
2022-05-24 $0.56 $0.84 $1.12
2022-05-25 $0.55 $0.84 $1.12
2022-05-26 $0.55 $0.83 $1.12
2022-05-27 $0.55 $0.83 $1.11
2022-05-31 $0.55 $0.83 $1.11
2022-06-01 $0.55 $0.83 $1.11
2022-06-02 $0.55 $0.83 $1.11
2022-06-03 $0.55 $0.83 $1.11
2022-06-06 $0.54 $0.83 $1.11
2022-06-07 $0.54 $0.82 $1.10
2022-06-08 $0.54 $0.82 $1.10
2022-06-09 $0.54 $0.82 $1.10
2022-06-10 $0.54 $0.82 $1.10
2022-06-13 $0.54 $0.82 $1.10
2022-06-14 $0.54 $0.82 $1.10
2022-06-15 $0.53 $0.81 $1.10
2022-06-16 $0.53 $0.81 $1.09
2022-06-17 $0.53 $0.81 $1.09
2022-06-21 $0.53 $0.81 $1.09
2022-06-22 $0.53 $0.81 $1.09
2022-06-23 $0.53 $0.81 $1.09
2022-06-24 $0.52 $0.81 $1.09
2022-06-27 $0.52 $0.80 $1.08
2022-06-28 $0.52 $0.80 $1.08
2022-06-29 $0.52 $0.80 $1.08
2022-06-30 $0.52 $0.80 $1.08

About Ardelyx

Ardelyx Ardelyx, Inc. discovers, develops, and commercializes minimally-systemic therapeutics for the gastrointestinal (GI) tract to treat GI and cardio-renal diseases. Its lead product candidate is tenapanor, which is in Phase III clinical trial for the treatment of patients with constipation-predominant irritable bowel syndrome, as well as in Phase IIb clinical trial for the treatment of hyperphosphatemia or elevated serum phosphorus levels in patients... Read more

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