ARDX Edges Up After Hours On IBSRELA Momentum And Profitability ‘Right Around The Corner’
Ardelyx Inc. (ARDX) shares rose 2% after-hours, reaffirming 2026 guidance for IBSRELA and XPHOZAH, targeting $500M+ revenue this year. The company expects $1B IBSRELA sales by 2029 and $750M peak for XPHOZAH. Profitability is anticipated soon, with operating expenses guided at $520M. Analysts rate ARDX 'Buy' with a 12-month average price target of $16.33, implying over 200% upside.

