Ionis Pharmaceuticals, Inc. (IONS)

NASDAQ: IONS · Real-Time Price · USD
64.27
-20.19 (-23.90%)
At close: Jul 9, 2026, 4:00 PM EDT
64.25
-0.02 (-0.03%)
After-hours: Jul 9, 2026, 5:16 PM EDT
Market Cap10.62B +77.2%
Revenue (ttm)1.06B +47.5%
Net Income-326.98M
EPS-2.02
Shares Out 165.26M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume20,423,390
Open67.78
Previous Close84.46
Day's Range64.10 - 70.35
52-Week Range40.03 - 86.74
Beta0.37
AnalystsBuy
Price Target100.82 (+56.87%)
Earnings DateJul 29, 2026

About IONS

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. The company offers TRYNGOLZA reduces triglyceride levels in adults with familial chylomicronemia syndrome (FCS) and acute pancreatitis; DAWNZERA for prophylaxis to prevent attacks of hereditary angioedema in adults; WAINUA for the treatment of the polyneuropathy of hereditary transthyretin-medicated amyloidosis (ATTRv-PN) in adults; and SPINRAZA for pediatric and adult patients with spinal muscular atrophy (SMA). It also ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date May 17, 1991
Employees 1,402
Stock Exchange NASDAQ
Ticker Symbol IONS
Full Company Profile

Financial Performance

In 2025, Ionis Pharmaceuticals's revenue was $943.71 million, an increase of 33.83% compared to the previous year's $705.14 million. Losses were -$381.39 million, -15.97% less than in 2024.

Financial Statements

Analyst Summary

According to 23 analysts, the average rating for IONS stock is "Buy." The 12-month stock price target is $100.82, which is an increase of 56.87% from the latest price.

Price Target
$100.82
(56.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ionis Pharmaceuticals price target lowered to $90 from $113 at Jefferies

Jefferies analyst Akash Tewari lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $90 from $113 and keeps a Buy rating on the shares after the CARDIO-TTRansform Phase 3…

4 hours ago - TheFly

Ionis Pharmaceuticals price target lowered to $86 from $105 at Needham

Needham analyst Joseph Stringer lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $86 from $105 and keeps a Buy rating on the shares after the company and partner…

Other symbols: AZN
4 hours ago - TheFly

Ionis Pharmaceuticals falls -22.5%

Ionis Pharmaceuticals (IONS) is down -22.5%, or -$18.99 to $65.47.

5 hours ago - TheFly

Ionis Pharmaceuticals price target lowered to $94 from $108 at TD Cowen

TD Cowen lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $94 from $108 and keeps a Buy rating on the shares after the company and AstraZeneca’s (AZN) CARDIO-TTRansform…

Other symbols: AZN
5 hours ago - TheFly

Ionis Pharmaceuticals price target lowered to $87 from $104 at Raymond James

Raymond James lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $87 from $104 and keeps an Outperform rating on the shares. The disappointing CARDIO-TTRansform trial results significa...

5 hours ago - TheFly

Ionis Pharmaceuticals price target lowered to $90 from $111 at BofA

BofA analyst Jason Gerberry lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $90 from $111 and keeps a Buy rating on the shares. Given supportive precedent in the…

5 hours ago - TheFly

Alnylam price target raised to $468 from $420 at Raymond James

Raymond James raised the firm’s price target on Alnylam (ALNY) to $468 from $420 and keeps an Outperform rating on the shares. Ionis’ (IONS) failed Phase 3 ATTR-CM trial strengthens…

Other symbols: ALNY
5 hours ago - TheFly

Ionis Pharmaceuticals (IONS) Stock Slammed by Phase 3 Trial Results

Ionis Pharmaceuticals stock fell hard on Thursday due to a clinical trial failure.

Other symbols: AZN
7 hours ago - TipRanks

Ionis Pharmaceuticals falls -17.6%

Ionis Pharmaceuticals (IONS) is down -17.6%, or -$14.84 to $69.62.

7 hours ago - TheFly

AstraZeneca Stock and Partner Ionis Sink After Trial Failure. Alnylam Soars.

AstraZeneca and California-based biotech Ionis Pharmaceuticals announce a late-stage trial failure for their gene silencing drug, Wainua.

Other symbols: ALNYAZN
9 hours ago - Barrons

Major drugmaker loses $27 billion in market value after failed trial

Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial.

Other symbols: AZN
11 hours ago - Market Watch

Ionis, AstraZeneca report CARDIO-TTRansform trial misses primary endpoint

Ionis Pharmaceuticals (IONS) and partner AstraZeneca (AZN) announced that the CARDIO-TTRansform Phase 3 trial for eplontersen in patients with transthyretin-mediated amyloid cardiomyopathy did not mee...

Other symbols: AZN
12 hours ago - TheFly

AstraZeneca says CARDIO-TTRansform trial did not meet primary efficacy endpoint

The CARDIO-TTRansform Phase III trial for AstraZeneca (AZN) and Ionis’ (IONS) Wainua in patients with transthyretin-mediated amyloid cardiomyopathy did not meet the primary efficacy endpoint of the co...

Other symbols: AZN
12 hours ago - TheFly

AstraZeneca-Ionis drug fails to meet main goal in late-stage heart disease trial

AstraZeneca said ​on Thursday ‌that its drug ​Wainua, ​made in partnership ⁠with ​Ionis , ​failed to meet the ​main ​goal of reducing ‌cardiovascular ⁠deaths and recurring heart ​problems ​in ⁠a late-...

Other symbols: AZN
15 hours ago - Reuters

Update on CARDIO-TTRansform Phase 3 trial of eplontersen in adults with transthyretin-mediated amyloid cardiomyopathy

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) and partner AstraZeneca today announced that the CARDIO-TTRansform Phase 3 trial for eplontersen in patients with transthy...

15 hours ago - Business Wire

Ionis completes enrollment in Cohort 1 of Phase 3 REVEAL study

Ionis Pharmaceuticals (IONS) has completed enrollment in the pivotal cohort of the global Phase 3 REVEAL study evaluating obudanersen, an investigational RNA-targeted medicine for people living with A...

3 days ago - TheFly

Ionis completes enrollment in pivotal cohort of the Phase 3 REVEAL study evaluating obudanersen in Angelman syndrome

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that it has completed enrollment in the pivotal cohort (Cohort 1) of the global Phase 3 REVEAL study evalu...

3 days ago - Business Wire

Ionis Pharmaceuticals price target raised to $130 from $125 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Ionis Pharmaceuticals (IONS) to $130 from $125 and keeps a Buy rating on the shares following the FDA approval of Tryngolza. Published…

14 days ago - TheFly

Ionis Pharmaceuticals enters zilganersen license agreement with Recordati

Ionis Pharmaceuticals (IONS) announced that it has entered into a license agreement with Recordati, under which Recordati obtained exclusive rights to develop and commercialize zilganersen, an investi...

14 days ago - TheFly

Ionis announces license agreement with Recordati for zilganersen in Alexander disease (AxD) in all countries outside the U.S.

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that it has entered into a license agreement with Recordati (“Recordati”), under which Recordati obtained ...

14 days ago - Business Wire

Ionis Pharmaceuticals price target raised to $75 from $74 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Ionis Pharmaceuticals (IONS) to $75 from $74 and keeps a Neutral rating on the shares. The firm cites the FDA having approved…

14 days ago - TheFly

Ionis Pharmaceuticals Transcript: FDA announcement

TRYNGOLZA received FDA approval as the first therapy to reduce triglycerides and acute pancreatitis risk in adults with sHTG, supported by robust phase III data showing up to 72% triglyceride reduction and 91% reduction in pancreatitis events. The launch will focus on high-risk patients, with broad payer access and strong support programs expected to drive adoption.

15 days ago - Transcripts

Ionis Pharmaceuticals Slides: FDA announcement

Ionis Pharmaceuticals has posted slides in relation to its latest quarterly earnings report, which was published on June 24, 2026.

15 days ago - Filings

Ionis Pharmaceuticals Press release: FDA announcement

Ionis Pharmaceuticals issued a press release on June 24, 2026, disclosing material business information to investors.

15 days ago - Filings

TRYNGOLZA® (olezarsen) approved by the FDA as the first and only treatment to reduce triglycerides and the risk of acute pancreatitis in patients with severe hypertriglyceridemia (sHTG)

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that the U.S. Food and Drug Administration (FDA) has approved TRYNGOLZA® (olezarsen) as an adjunct to diet...

15 days ago - Business Wire