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Ardelyx (ARDX) stock forecast for 2024

Last update: February 3, 2023 (07:02)

Sector: Healthcare### The share price of Ardelyx, Inc. (ARDX) now

50/200 Day Moving Average: $2.41 / $1.325

This figure corresponds to the Average Price over the previous 50/200 days. For Ardelyx stocks, the 50-day moving average is the resistance level today.

For Ardelyx stocks, the 200-day moving average is the resistance level today.

Are you interested in Ardelyx stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Ardelyx stock price in 2024. How much will one Ardelyx share be worth in 2024? Is it worth taking profit / loss on Ardelyx stock now or waiting? What are analysts' forecasts for Ardelyx stock?

We forecast Ardelyx stock performance using neural networks based on historical data on Ardelyx stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Ardelyx stock prediction results are shown below and presented as a graph, table and text information.

Ardelyx stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Ardelyx analysts is $6.87.

Today 200 Day Moving Average is the support level (1.325 $).

50 Day Moving Average is the support level (2.41 $).

### Historical and forecast chart of Ardelyx stock

The chart below shows the historical price of Ardelyx stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Ardelyx stock price can be found in the table below.

### Ardelyx (ARDX) Forecast for 2024

Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|

Jan | 2.79 | 2.43 | 3.05 | 20.50 % |

Feb | 2.75 | 2.42 | 2.96 | 18.35 % |

Mar | 3.04 | 2.50 | 3.24 | 22.86 % |

Apr | 2.84 | 2.53 | 3.12 | 18.82 % |

May | 3.46 | 3.19 | 3.89 | 18.18 % |

Jun | 3.64 | 3.25 | 4.13 | 21.30 % |

Jul | 4.31 | 4.12 | 4.50 | 8.43 % |

Aug | 4.13 | 3.50 | 4.44 | 21.08 % |

Sep | 4.75 | 4.45 | 5.00 | 10.87 % |

Oct | 4.44 | 4.23 | 4.73 | 10.55 % |

Nov | 4.00 | 3.54 | 4.52 | 21.61 % |

Dec | 4.37 | 3.89 | 4.73 | 17.70 % |

### Ardelyx information and performance

Ardelyx is an American biopharmaceutical company that develops drugs for the treatment of kidney and heart disease. Incorporated in 2007 and headquartered in Fremont, California.

34175 ARDENWOOD BLVD., FREMONT, CA, US

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA is earnings before interest, income tax and depreciation of assets.

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

Price/earnings to growth

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS shows how much of the net profit is accounted for by the common share.

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward P/E uses projections of future earnings instead of final numbers.

Enterprise Value (EV) /Revenue

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Number of issued ordinary shares

Number of freely tradable shares

Shares Short Prior Month - the number of shares in short positions in the last month.

### Ardelyx price target for 2024 by month

#### Target values for the price of one Ardelyx share for Jan 2024.

In Jan, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 20.501% volatility is expected.

Pessimistic target level: 2.43

Optimistic target level: 3.05

#### Target values for the price of one Ardelyx share for Feb 2024.

In Feb, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 18.347% volatility is expected.

Pessimistic target level: 2.42

Optimistic target level: 2.96

#### Target values for the price of one Ardelyx share for Mar 2024.

In Mar, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 22.861% volatility is expected.

Pessimistic target level: 2.50

Optimistic target level: 3.24

#### Target values for the price of one Ardelyx share for Apr 2024.

In Apr, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 18.817% volatility is expected.

Pessimistic target level: 2.53

Optimistic target level: 3.12

#### Target values for the price of one Ardelyx share for May 2024.

In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 18.180% volatility is expected.

Pessimistic target level: 3.19

Optimistic target level: 3.89

#### Target values for the price of one Ardelyx share for Jun 2024.

In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 21.295% volatility is expected.

Pessimistic target level: 3.25

Optimistic target level: 4.13

#### Target values for the price of one Ardelyx share for Jul 2024.

In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 8.429% volatility is expected.

Pessimistic target level: 4.12

Optimistic target level: 4.50

#### Target values for the price of one Ardelyx share for Aug 2024.

In Aug, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 21.083% volatility is expected.

Pessimistic target level: 3.50

Optimistic target level: 4.44

#### Target values for the price of one Ardelyx share for Sep 2024.

In Sep, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 10.866% volatility is expected.

Pessimistic target level: 4.45

Optimistic target level: 5.00

#### Target values for the price of one Ardelyx share for Oct 2024.

In Oct, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.547% volatility is expected.

Pessimistic target level: 4.23

Optimistic target level: 4.73

#### Target values for the price of one Ardelyx share for Nov 2024.

In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 21.614% volatility is expected.

Pessimistic target level: 3.54

Optimistic target level: 4.52

#### Target values for the price of one Ardelyx share for Dec 2024.

In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 17.699% volatility is expected.

Pessimistic target level: 3.89

Optimistic target level: 4.73

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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.