Ionis Pharmaceuticals, Inc. IONS
Nov 6, 2026, 2:17 PM EST
- YTD
- -49.78%
- 1 year
- -46.38%
- Market cap
- 6.60B
- Revenue (ttm)
- 874.09M
- Profit margin
- -64.66%
- EPS (ttm)
- -3.48
- Shares out
- 166.18M
- Forward P/E
- -35.03
- YTD return
- -49.78%
- 1-year return
- -46.38%
- Volume
- 912.84K
- Avg volume
- 3.19M
- Open
- 38.68
- Previous close
- 38.80
- Day's range
- 38.61 – 40.00
- 52-week range
- 38.31 – 86.74
- Beta
- 0.40
- Analysts
- Buy
- Price target
- 84.13 (+111.8%)
- Earnings date
- Nov 9, 2026
5D -3.52 (-8.13%)
Key statistics
- Enterprise value
- 6.80B
- PEG ratio
- 27.33
- Price / sales
- 7.63
- Price / book
- 15.12
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -40.70%
- Free cash flow
- -346.76M
- Total cash
- 2.10B
- Total debt
- 2.19B
- Return on equity
- -105.50%
- Short % of float
- 16.46%
- 50-day average
- 48.22
- 200-day average
- 66.43
Analyst view
Consensus: buy
- Target (low)
- 58.00
- Target (mean)
- 84.13
- Target (high)
- 105.00
- Strong buy9
- Buy12
- Hold4
- Sell0
- Strong sell0
Next earnings
Nov 9, 2026
Expected Nov 9, 2026. Consensus EPS estimate -0.93444.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 9, 2026 | Sep 30, 2026 | -1.22 | — | — | — |
| Jul 29, 2026 | Jun 30, 2026 | -1.09 | -0.69 | +0.40 | +36.70% |
| Apr 29, 2026 | Mar 31, 2026 | -0.85 | -0.56 | +0.29 | +34.12% |
| Feb 25, 2026 | Dec 31, 2025 | -1.24 | -1.41 | -0.17 | -14.02% |
| Oct 29, 2025 | Oct 28, 2025 | -1.15 | -0.61 | +0.54 | +46.96% |
| Jul 30, 2025 | Jun 30, 2025 | 0.27 | 0.86 | +0.59 | +218.52% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 22, 2026 | BMO Capital | up | Market Perform | Outperform |
| Oct 15, 2026 | UBS | up | Neutral | Buy |
| Sep 24, 2026 | HC Wainwright & Co. | reit | Buy | Buy |
| Sep 22, 2026 | JP Morgan | main | Overweight | Overweight |
| Sep 15, 2026 | Guggenheim | main | Buy | Buy |
| Sep 9, 2026 | Barclays | main | Overweight | Overweight |
About Ionis Pharmaceuticals, Inc.
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 provides QALSODY for the treatment of Amyotrophic Lateral Sclerosis (ALS); TEGSEDI for the treatment of ATTRv-PN in adults; and WAYLIVRA for treatment for FCS and familial partial lipodystrophy. It also develops products under Phase 3 clinical trials, such as Olezarsen for patients with hypertriglyceridemia (SHTG) and cardiovascular disease (CVD); and Zilganerse, a potential treatment for people with genetically confirmed Alexander disease, as well as ION582 which is in Phase 3 clinical trial for the potential treatment of AS, a rare genetic neurological disease. In addition, the company develops Eplontersen to degrade mutant and wild-type TTR mRNA through binding to the TTR mRNA; Pelacarsen to inhibit the production of apolipoprotein(a) in the liver to offer a direct approach for reducing lipoprotein(a); Bepirovirsen to inhibit the production of viral proteins associated with hepatitis B virus; Sefaxersen to reduce the production of complement factor B and lower activation of the alternative complement pathway; and Ulefnersen to reduce the production of the fused in sarcoma, as well as other mid-stage pipeline investigational medicines. It has a strategic collaboration with Biogen for the treatment of neurological disorders; and collaboration and license agreement with GSK, AstraZeneca, Novartis, and Roche, as well as with Metagenomi. The company was incorporated in 1989 and is headquartered in Carlsbad, California.
- Sector
- Healthcare
- Industry
- Biotechnology
- Country
- United States
- Website
- ionis.com
News
Ionis to hold third quarter 2026 financial results webcast
This CME Group Analyst Turns Bullish; Here Are Top 4 Upgrades For Thursday BMO Capital Upgrades Ionis Pharmaceuticals to Outperform, Raises Price Target to $66
Ionis Pharmaceuticals Receives EMA CHMP Positive Opinion Recommending Indication Extension For TRYNGOLZA For Treatment Of Adult Patients With Severe Hypertriglyceridemia
HC Wainwright & Co. Reiterates Buy on Ionis Pharmaceuticals, Maintains $100 Price Target
Ionis and Roche Advance First RNA-Targeted Therapy for Autoimmune Kidney Disease Ionis Pharmaceuticals And Partner Roche Said Prespecified Interim Results From Phase 3 IMAgINATION Study Of Sefaxersen For Primary IgA Nephropathy Met Its Primary Endpoint Of Statistically Significant And Clinically Meaningful Improvements In Proteinuria Reduction Vs. Placebo At 37 Weeks
Ionis to Seek Expedited FDA Review for ALS Drug
Cathie Wood Loads Up On Biotech: 5 ETFs Holding Her Latest Bets JP Morgan Maintains Overweight on Ionis Pharmaceuticals, Lowers Price Target to $70
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BAROLDI JOSEPH | Officer | Sale | Jun 25, 2026 | 0 |
| BENNETT C FRANK | Officer | Sale | Jul 6, 2026 | 0 |
| BERTHELSEN SPENCER R | Director | Conversion of Exercise of derivative security | Jul 14, 2026 | 161,303 |
| BIRCHLER BRIAN | Officer | Sale | Apr 15, 2026 | 67,500 |
| GEARY RICHARD S | Officer | Sale | Nov 5, 2025 | 59,657 |
| HAYDEN MICHAEL REUBEN | Director | Purchase | Jul 30, 2026 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| FMR, LLC | 14.82% | 24,631,956 | 988.97M | Jun 29, 2026 |
| Capital World Investors | 13.04% | 21,669,226 | 870.02M | Jun 29, 2026 |
| Blackrock Inc. | 6.44% | 10,704,660 | 429.79M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 4.73% | 7,859,529 | 315.56M | Jun 29, 2026 |
| Wellington Management Group, LLP | 4.60% | 7,651,415 | 307.20M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.34% | 7,211,497 | 289.54M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund | 5.12% | 8,503,655 | 341.42M | Aug 30, 2026 |
| Growth Fund of America | 4.61% | 7,668,655 | 307.90M | Sep 29, 2026 |
| VANGUARD SPECIALIZED FUNDS-Vanguard Health Care Fund | 3.74% | 6,212,640 | 249.44M | Jul 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.00% | 4,989,044 | 200.31M | Jun 29, 2026 |
| New Economy Fund | 2.93% | 4,868,802 | 195.48M | Sep 29, 2026 |
| SmallCap World Fund Inc | 2.68% | 4,458,145 | 178.99M | Sep 29, 2026 |
