Ionis Pharmaceuticals, Inc. (IONS)
NASDAQ: IONS · Real-Time Price · USD
56.63
+1.21 (2.18%)
Aug 12, 2026, 11:07 AM EDT - Market open

Ionis Pharmaceuticals Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Ionis Pharmaceuticals stock has a consensus rating of "Buy" and an average price target of $89.33. The average 1-year stock price forecast is 57.74% higher than the current stock price, while the lowest is $66 (+16.55%) and the highest is $115 (+103.07%).

Price Target: $89.33 (+57.74%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$66$89.33$90$115
Change+16.55%+57.74%+58.93%+103.07%

Analyst Ratings

The average analyst rating for Ionis Pharmaceuticals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy101112121010
Buy689899
Hold655444
Sell000000
Strong Sell000000
Total222426242323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$76
BuyMaintains$76+34.20%Aug 10, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$115
BuyReiterates$115+103.07%Aug 5, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$86$68
HoldMaintains$86$68+20.08%Aug 2, 2026
TD Cowen
TD Cowen
Buy
Maintains
$94
BuyMaintains$94+65.99%Jul 30, 2026
RBC Capital
RBC Capital
Buy
Reiterates
$85
BuyReiterates$85+50.10%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
920.76M
from 943.71M
Decreased by -2.43%
Revenue Next Year
1.40B
from 920.76M
Increased by 52.21%
EPS This Year
-2.60
from -1.54
EPS Next Year
-1.16
from -2.60
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
810.46M587.37M787.65M705.14M943.71M920.76M
Revenue Growth
11.13%-27.53%34.10%-10.48%33.83%-2.43%
Operating Income
-30.19M-410.19M-353.73M-475.08M-381.68M-589.82M
Net Income
-28.60M-269.72M-366.29M-453.90M-381.39M-589.98M
EPS
-----1.54-2.60
Free Cash Flow
76.54M-80.22M-173.51M-352.83M-154.72M-552.70M
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High987.0M
Avg920.8M
Low887.0M

Revenue Growth

Revenue Growth202620272028
High
4.6%
Avg
-2.4%
Low
-6.0%

EPS Forecast

EPS202620272028
High-2.12
Avg-2.60
Low-2.99

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-