Ionis Pharmaceuticals, Inc. (IONS)
NASDAQ: IONS · Real-Time Price · USD
54.01
+0.62 (1.16%)
At close: Jul 22, 2026, 4:00 PM EDT
53.81
-0.20 (-0.37%)
Pre-market: Jul 23, 2026, 8:15 AM EDT

Ionis Pharmaceuticals Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Ionis Pharmaceuticals stock has a consensus rating of "Buy" and an average price target of $92.95. The average 1-year stock price forecast is 72.10% higher than the current stock price, while the lowest is $68 (+25.90%) and the highest is $125 (+131.44%).

Price Target: $92.95 (+72.10%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$68$92.95$91$125
Change+25.90%+72.10%+68.49%+131.44%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy101011121210
Buy668989
Hold665543
Sell000000
Strong Sell000000
Total222224262422

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$100
BuyMaintains$100+85.15%Jul 23, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$125
BuyReiterates$125+131.44%Jul 23, 2026
Barclays
Barclays
Buy
Maintains
$90
BuyMaintains$90+66.64%Jul 23, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$95
BuyMaintains$95+75.89%Jul 23, 2026
Needham
Needham
Buy
Maintains
$86
BuyMaintains$86+59.23%Jul 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
889.18M
from 943.71M
Decreased by -5.78%
Revenue Next Year
1.39B
from 889.18M
Increased by 56.16%
EPS This Year
-2.61
from -1.54
EPS Next Year
-1.14
from -2.61
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
810.46M587.37M787.65M705.14M943.71M889.18M
Revenue Growth
11.13%-27.53%34.10%-10.48%33.83%-5.78%
Operating Income
-30.19M-410.19M-353.73M-475.08M-381.68M-638.32M
Net Income
-28.60M-269.72M-366.29M-453.90M-381.39M-598.23M
EPS
-----1.54-2.61
Free Cash Flow
76.54M-80.22M-173.51M-352.83M-154.72M-760.70M
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High907.6M
Avg889.2M
Low872.2M

Revenue Growth

Revenue Growth202620272028
High
-3.8%
Avg
-5.8%
Low
-7.6%

EPS Forecast

EPS202620272028
High-2.04
Avg-2.61
Low-2.79

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-