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ARARDX

Ardelyx, Inc.

$ARDX·$810M·Biotechnology·Healthcare
$3.09-5.5%YTD-44.0%1Y-38.8%
Price updated 5h ago·X counts updated 5d ago
ARARDX
$ARDXArdelyx, Inc.
$3.09-5.50%134 posts1×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $ARDX on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

134X posts · last 7 days
Sep 29Oct 11
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $ARDX's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Mixed sentiment⚠AI analysisGenerated by AI from underlying data8 posts analyzed · as of 2026-09-02 · top-engagement diverged

Ardelyx sits near 52-week lows: IPO price $14 versus $3.83 today (-73%), IBSRELA guidance cut, CMS fight lost, CCO walked. Bulls counter that Q2 product revenue was a record $118.1M (+31% YoY) and take significant positions ahead of Citi Biopharma Back-to-School (Sept 9) and Cantor Global Healthcare (Sept 10). The community/script-analysis effort is measured but the bear tape is heavy.

Read what X is saying about $ARDX

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $ARDX — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Broken storySelling offAI verdict · as of 2026-10-03

Falling on heavy selling — points lower unless it turns around.

Ardelyx at 1% of 52w range on IBSRELA guidance cut, CMS fight lost, CCO departure, and now a securities class action — a classic broken-biotech setup.

Ardelyx is a commercial-stage biotech selling IBSRELA (IBS-C) and XPHOZAH (phosphate control in dialysis). The stock has been destroyed 43% YTD, now at 1% of its 52-week range after IBSRELA guidance was cut, the CMS reimbursement fight was lost, and the Chief Commercial Officer walked.

  • Growth is still real: Q1 2026 revenue of $94M at +27% YoY, with Q2 2026 product revenue at a record $118.1M (+31% YoY) — the mechanics haven't broken completely, but the IBSRELA guide cut is the specific issue.
  • The operational decline is clustering: IBSRELA guidance cut, CMS phosphate-binder reimbursement fight lost (impacts XPHOZAH), Chief Commercial Officer Eric Foster resigned Aug 11 — these are not isolated events, they're a pattern of operational distress.
  • The securities class-action overhang is now live: multiple law firms (Rosen, SBS Law) encouraging investors to secure counsel ahead of a lead-plaintiff deadline — not thesis-breaking by itself, but adds legal overhang on top of operational concerns.

An Oct 29 Q3 print with IBSRELA script-growth stabilizing plus a clean 2027 outlook restarts the thesis; another IBSRELA guide cut or an adverse legal update and the breakdown continues toward sub-$3.

Agrees with X sentimentX is mixed and honest — bulls note Q2 product revenue was a record $118.1M (+31% YoY) and ARDX attended Citi Biopharma and Cantor Global Healthcare conferences; bears cite IPO $14 vs $3.83 today (-73%), IBSRELA guidance cut, CMS fight lost, and CCO walking. Both reads check out, and the bear tape is heavier.

What to watch: Oct 29 Q3 earnings — IBSRELA script-growth stabilization, XPHOZAH impact from CMS reimbursement loss, 2027 outlook, and any resolution of the CCO succession. A clean growth print restarts the thesis; another guide cut or legal escalation continues the breakdown.

On the calendar: 2026-10-29 — Q3 2026 earnings

Read the AI verdict on $ARDX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Commercial biotech with tenapanor approved to block phosphate absorption in dialysis patients with hyperphosphatemia.

Industry overviewAI analysisGenerated by AI from underlying data

Where Biotechnology sits in its cycle right now — and what that implies for $ARDX.

Biotechnology · Healthcare

No material change from last week — mRNA oncology platform remains the structural driver.

What this means for $ARDX

Neutral — Commercial biotech with tenapanor approved to block phosphate absorption in dialysis patients with hyperphosphatemia.

Top industry ETF

$IBBiShares Biotechnology ETF
+17.9%YTD
+31.7%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-23.5How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-9.4%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-8.7%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-2.7%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.2Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-38.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
91.9%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
1.4Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 6, 2026$-0.07$-0.07-7.0%
Q1 2026Apr 30, 2026$-0.15$-0.13-15.4%
Q4 2025Feb 19, 2026$0.02$0.020.0%
Q3 2025Oct 30, 2025$-0.00$-0.06+93.3%
Next earningsThu, Oct 29·consensus EPS $-0.01

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$94.5M+27.5%94.9%-34.7%$-0.15$-32.3M
Q4 FY25$125.2M+7.8%90.6%4.1%$-0.00$20.6M
Q3 FY25$110.3M+12.3%95.6%4.2%$-0.00$209K
Q2 FY25$97.7M+33.4%86.7%-14.7%$-0.08$-26.0M

Forward consensus

5-year forecast · up to 8 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$488.7M$481.6M – $494.0M-$0.18-$0.24 – -$0.098
FY27$624.1M$573.3M – $747.4M$0.25$0.03 – $0.678
FY28$842.0M$655.9M – $951.2M$0.81$0.35 – $1.318
FY29$1.1B$991.5M – $1.2B$1.37$1.20 – $1.596
FY30$1.3B$1.1B – $1.4B$1.76$1.55 – $2.046

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.9×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.4%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-10.2%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-40.8%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 239.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.7% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.685-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 21Foster Eric DuaneChief Commercial Officer8.6K sh$33KSellAug 21Mike KelliherChief Business Officer7.8K sh$30KSellAug 21Susan HohenleitnerCFO1.6K sh$6KSellAug 21Reilly Joseph JamesSee Remarks4.0K sh$15KSellAug 21Brady James ParkerChief Human Resources Officer15.1K sh$58KSellAug 21John E BishopSee Remarks19.8K sh$76KSellAug 21Laura A WilliamsChief Patient Officer10.7K sh$41KSellAug 21Michael RaabCEO58.6K sh$226KSellJul 15Michael RaabCEO41.7K sh$211KSellJun 18Laura A WilliamsChief Patient Officer81.9K sh$490K
1–10 of 20
+ 11 other (7 awards · 4 exempts) in window

See when $ARDX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDAug 68-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

ARDX filed an 8-K (Item 2.02) reporting its financial results, filed 2026-08-06. The actual financial figures are in the attached press release (Exhibit 99.1), not reproduced in the body excerpt. This is a material disclosure; investors should review the press release for beat/miss details and guidance.

8-KMaterial debt obligationJul 28-K — Item 2.03: Material debt obligation
AI summary

Ardelyx, Inc. (ARDX) drew down $50.0 million under a new Term F Loan tranche on June 29, 2026, under its existing loan and security agreement with SLR Investment Corp. as collateral agent — a facility first established in February 2022 and amended multiple times through 2024. This creates a new direct financial obligation per Item 2.03. The draw provides additional runway for the commercial-stage pharma company; specific use of proceeds and updated total debt load are not disclosed in the excerpt.

8-KOfficer or director changeJun 178-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote
AI summary

Ardelyx, Inc. filed an 8-K (Items 5.02, 5.07) dated June 16, 2026, reporting both a director/officer change and shareholder vote results from its annual meeting. The excerpt is cover-page only with no vote tallies or officer names disclosed. These are routine governance disclosures; the 5.07 vote results are administrative unless contested proposals failed.

8-KPress release / Reg FDApr 308-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

ARDX reported period ending 2026-04-30 financial results (8-K Item 2.02). Investors should review the full earnings press release and any management guidance for forward outlook.

3New insider — initial holdingsApr 223
AI summary

Form filed by More than One Reporting Person Table I - Non-De filed a Form 3 (initial ownership statement) for ARDX on 2026-04-22, initiating required Section 16 reporting. Role: of Reporting Person. Beneficial ownership covers 2036 shares. Form 3 is a mandatory administrative filing upon first becoming an insider or 10%+ holder; it does not reflect a purchase or sale event.

+ 13 other (5 13Gs · 3 proxys · 2 10-Qs · 1 routine 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

ARDX Investors Have Opportunity to Lead Ardelyx, Inc. Securities Fraud Lawsuit with SBS Lawglobenewswire.com·15h agoARDX EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Ardelyx (ARDX) Investors of Securities Class Action Lawsuit Deadline on November 16, 2026newsfilecorp.com·17h agoROSEN, A TOP-RANKED LAW FIRM, Encourages Ardelyx, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ARDXnewsfilecorp.com·1d agoKaplan Fox Encourages Ardelyx, Inc. (ARDX) Investors to Contact the Firm Before the Deadline on November 16, 2026 for a Leadership Rolenewsfilecorp.com·1d agoBronstein, Gewirtz & Grossman LLC Urges Ardelyx, Inc. Investors to Act: Class Action Filed Alleging Investor Harmglobenewswire.com·2d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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