Ionis Pharmaceuticals, Inc. (IONS)
NASDAQ: IONS · IEX Real-Time Price · USD
43.35
-1.31 (-2.93%)
At close: Mar 28, 2024, 4:00 PM
44.50
+1.15 (2.65%)
After-hours: Mar 28, 2024, 6:09 PM EDT

Ionis Pharmaceuticals Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for IONS stock have an average target of 57.75, with a low estimate of 28 and a high estimate of 88. The average target predicts an increase of 33.22% from the current stock price of 43.35.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $57.75 $60 $88
Change -35.41% +33.22% +38.41% +103.00%

Analyst Ratings

The average analyst rating for IONS stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222333
Buy 544444
Hold 556544
Sell 111110
Strong Sell 011111
Total 131314141312

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$65$72
Buy Maintains $65$72 +66.09% Mar 6, 2024
Oppenheimer
Oppenheimer
Buy
Initiates
$63$65
Buy Initiates $63$65 +49.94% Feb 26, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$62$63
Buy Maintains $62$63 +45.33% Feb 22, 2024
Needham
Needham
Strong Buy
Reiterates
$60
Strong Buy Reiterates $60 +38.41% Feb 22, 2024
JP Morgan
JP Morgan
Hold
Maintains
$52$55
Hold Maintains $52$55 +26.87% Feb 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
654.90M
from 787.65M
Decreased by -16.85%
Revenue Next Year
793.93M
from 654.90M
Increased by 21.23%
EPS This Year
-4.08
from -2.56
EPS Next Year
-3.40
from -4.08
Year 2019202020212022202320242025202620272028
Revenue
1.12B729.26M810.46M587.37M787.65M654.90M793.93M1.10B1.44B1.81B
Revenue Growth
87.20%-35.04%11.13%-27.53%34.10%-16.85%21.23%38.30%31.06%25.57%
EPS
1.90-3.18-0.20-1.90-2.56-4.08-3.40-1.99-0.183.00
EPS Growth
-8.21%---------
No. Analysts -----27241865
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 860.9M 1.2B 1.6B 2.2B 2.8B
Avg 654.9M 793.9M 1.1B 1.4B 1.8B
Low 569.1M 558.6M 694.8M 892.8M 1.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.3%
86.1%
103.7%
99.3%
92.1%
Avg
-16.9%
21.2%
38.3%
31.1%
25.6%
Low
-27.7%
-14.7%
-12.5%
-18.7%
-18.6%

EPS Forecast

EPS 20242025202620272028
High -3.22 -0.99 -0.13 1.62 3.98
Avg -4.08 -3.40 -1.99 -0.18 3.00
Low -5.21 -5.02 -4.28 -3.42 1.45

EPS Growth

EPS Growth 20242025202620272028
High - - - - -
Avg - - - - -
Low - - - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.