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ARDX

Ardelyxdistress 4/10 · elevated risk
$4.99-2%today-38% from 52w high
ardelyx.com489 employeesFounded 2007Waltham, MABiotechnology
Gastroenterology 1
Lead: Irritable Bowel Syndrome With Constipation (IBS-C) · target NHE3
Revenue
$94M
Liquidity
$31M
Runway
0.9 yrs
Shares 1y
+3%

Price & events

-37.1% over 6M
$4.99$6.46$7.93Jan 26Apr 26Jul 2617.5Mcatalyst: PHASE2 Tenapanor (2026-07-01) — click to openrating: Wedbush: Outperform (2026-02-23)rating: BTIG: Buy (2026-02-20)rating: HC Wainwright & Co.: Buy (2026-02-20)rating: BTIG: Buy (2026-01-29)
CatalystRating changeDilutionFinancingdashed = today
-1.9%
1D
-2.7%
1W
-19.3%
1M
-16.4%
3M
-35.8%
6M
+13.6%
1Y
-12.4%
2Y
+196.7%
5Y
-23.0%
All

Overview

Market Cap
$1.23B
Enterprise Value
$1.40B
Volume
432.62K
52 Week Range
$4.22 – $7.99
Total Shares
247.03M
Float Shares
219.80M
Short %
10.50%
% Held by Insiders
3.28%
% Held by Institutions
70.76%
RVOL
0.11x
Beta
0.60

Pipeline stages · 1 programs

Tenapanor
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-09-01

Pipeline · 4 trials · 3 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-09-01
Estimated 50%
readout ~2026-11-15
Phase 3Tenapanor 50 MG, Tenapanor 25 mg bidIrritable Bowel Syndrome With Constipation (IBS-C)active not recruiting
2027-02-26
Estimated 50%
readout ~2027-05-12
Phase 3Tenapanor 5 mg BID, Tenapanor 25 mg BID, Tenapanor 50 mg BIDChronic Idiopathic Constipation (CIC)recruiting
2031-07
Estimated 50%
readout ~2031-09-14
Phase 3TenapanorIrritable Bowel Syndrome With Constipation (IBS-C)enrolling by invitation
2026-07
Phase 2TenapanorIrritable Bowel Syndrome With Constipation (IBS-C)72active not recruiting

Catalyst news & presentations · 1

Approved drugs (2)

  • XPHOZAHTENAPANOR HYDROCHLORIDE2023 · Prescription
  • IBSRELATENAPANOR HYDROCHLORIDE2019 · Prescription

Capital structure — dilution & financing

Shares out: 247,029,387 · 0 offerings/1y · 0 PIPEs
  • 2025-11-03S-3ASRshelf_registration
  • 2025-07-038-Kmaterial_agreement
  • 2024-11-14SC 13G/Astrategic_stake
  • 2024-10-098-Kmaterial_agreement
  • 2024-08-128-Kmaterial_agreement
  • 2024-07-10SC 13G/Astrategic_stake
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $16 (+227% upside) · 10 analysts
  • 2026-02-23WedbushOutperform
  • 2026-02-20BTIGBuy
  • 2026-02-20HC Wainwright & Co.Buy
  • 2026-01-29BTIGBuy
  • 2026-01-21WedbushOutperform
  • 2026-01-09CitigroupBuy

Competitors — NHE3

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.