Ionis Pharmaceuticals, Inc. (IONS)

NASDAQ: IONS · Real-Time Price · USD
56.55
+0.68 (1.22%)
At close: Jul 24, 2026, 4:00 PM EDT
53.90
-2.65 (-4.69%)
After-hours: Jul 24, 2026, 7:57 PM EDT
Market Cap9.35B +38.6%
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
Volume3,094,732
Open56.32
Previous Close55.87
Day's Range56.19 - 57.36
52-Week Range40.03 - 86.74
Beta0.37
AnalystsBuy
Price Target92.95 (+64.37%)
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 22 analysts, the average rating for IONS stock is "Buy." The 12-month stock price target is $92.95, which is an increase of 64.37% from the latest price.

Price Target
$92.95
(64.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ionis Pharmaceuticals, Inc. (IONS) Faces Investor Scrutiny After Surprise Trial Failure Drives Stock Down 23% - HBSS

SAN FRANCISCO, July 23, 2026 /PRNewswire/ -- Investors in Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) saw the price of their shares plunge $20.19 (-23%) on July 9, 2026 after the commercial stage biote...

3 days ago - PRNewsWire

Ionis Pharmaceuticals price target lowered to $89 from $106 at Guggenheim

Guggenheim lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $89 from $106 and keeps a Buy rating on the shares. The firm is revising some of its estimates…

5 days ago - TheFly

Wolfe cuts Ionis Pharma to Peer Perform after disappointing trial data

Wolfe Research downgraded Ionis Pharmaceuticals (IONS) to Peer Perform from Outperform. Two trial disappointments – TTR and tau – nullified most of the firm’s prior bull thesis, while its remaining…

Other symbols: AMGN
11 days ago - TheFly

Ionis Pharmaceuticals downgraded to Peer Perform from Outperform at Wolfe Research

Wolfe Research downgraded Ionis Pharmaceuticals (IONS) to Peer Perform from Outperform.

11 days ago - TheFly

Ionis Pharmaceuticals, Inc. (IONS) Faces Investor Scrutiny After Surprise Trial Failure Drives Stock Down 23% – HBSS

SAN FRANCISCO, July 15, 2026 (GLOBE NEWSWIRE) -- Investors in Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) saw the price of their shares plunge $20.19 (-23%) on July 9, 2026 after the commercial stage b...

11 days ago - GlobeNewsWire

Ionis to hold second quarter 2026 financial results webcast

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) announced today that it will host a live webcast on Wednesday, July 29 at 8:30 a.m. Eastern Time to discuss its second qua...

11 days ago - Business Wire

Ionis says Biogen presents Phase 2 CELIA data at AAIC

Ionis Pharmaceuticals (IONS) announced that its partner, Biogen (BIIB), shared data from the Phase 2 CELIA study evaluating diranersen, an investigational antisense oligonucleotide therapy targeting t...

Other symbols: BIIB
12 days ago - TheFly

Ionis Partner Biogen Presents Phase 2 CELIA Data at AAIC Demonstrating Meaningful Clinical Outcomes and Robust Tau Reduction with Diranersen in Early Alzheimer's Disease

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that its partner, Biogen, shared data from the Phase 2 CELIA study evaluating diranersen, an investigation...

12 days ago - Business Wire

Alnylam price target raised to $485 from $470 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Alnylam (ALNY) to $485 from $470 and keeps a Buy rating on the shares after AstraZeneca (AZN) and Ionis Pharmaceuticals (IONS) recently…

Other symbols: ALNYAZN
13 days ago - TheFly

Ionis Pharmaceuticals price target lowered to $85 from $100 at RBC Capital

RBC Capital analyst Luca Issi lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $85 from $100 and keeps an Outperform rating on the shares. The company has an…

13 days ago - TheFly

Ionis Pharmaceuticals doses first participant in Phase 1-2 ASCEND study

Ionis Pharmaceuticals (IONS) announced that the first participant has been dosed in the Phase 1-2 ASCEND study of ION337, an investigational RNA-targeted medicine for people living with Dravet syndrom...

13 days ago - TheFly

Ionis doses first participant in Phase 1-2 ASCEND study of ION337 in Dravet syndrome

CARLSBAD, Calif.--(BUSINESS WIRE)--Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that the first participant has been dosed in the Phase 1-2 ASCEND study of ION337, an investigational RNA-...

13 days ago - Business Wire

H.C. Wainwright trims Ionis price target, says trial failure reaction ‘overdone’

H.C. Wainwright analyst Mitchell Kapoor lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $125 from $130 and keeps a Buy rating on the shares. The firm has cut…

16 days ago - TheFly

Ionis Pharmaceuticals price target lowered to $110 from $130 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $110 from $130 and keeps an Overweight rating on the shares.

16 days ago - TheFly

Ionis Pharmaceuticals price target lowered to $95 from $110 at Canaccord

Canaccord analyst Gary Nachman lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $95 from $110 and keeps a Buy rating on the shares. The firm and its partner…

Other symbols: AZN
16 days ago - TheFly

Ionis Pharmaceuticals price target lowered to $90 from $115 at Barclays

Barclays lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $90 from $115 and keeps an Overweight rating on the shares after the company and partner AstraZeneca (AZN) announced…

16 days ago - TheFly

Ionis Pharmaceuticals price target lowered to $100 from $115 at Citi

Citi analyst Eric Joseph lowered the firm’s price target on Ionis Pharmaceuticals (IONS) to $100 from $115 and keeps a Buy rating on the shares. The firm is updating its…

Other symbols: AZN
16 days ago - TheFly

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…

17 days 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
17 days 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
17 days 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
17 days ago - Market Watch

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
18 days 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...

18 days ago - Business Wire

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...

20 days ago - Business Wire

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 ...

4 weeks ago - Business Wire