NASDAQ:IONS

Ionis Pharmaceuticals (IONS) Stock Price, News & Analysis

$39.08
-0.39 (-0.99%)
(As of 05/10/2024 ET)
Today's Range
$38.80
$39.78
50-Day Range
$39.08
$44.87
52-Week Range
$34.99
$54.44
Volume
895,065 shs
Average Volume
956,482 shs
Market Capitalization
$5.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$59.54

Ionis Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
52.4% Upside
$59.54 Price Target
Short Interest
Healthy
6.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.58
Upright™ Environmental Score
News Sentiment
0.35mentions of Ionis Pharmaceuticals in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$440,127 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($3.87) to ($3.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Medical Sector

118th out of 925 stocks

Pharmaceutical Preparations Industry

44th out of 430 stocks

IONS stock logo

About Ionis Pharmaceuticals Stock (NASDAQ:IONS)

Ionis Pharmaceuticals, Inc. discovers and develops RNA-targeted therapeutics in the United States. The company offers SPINRAZA for spinal muscular atrophy (SMA) in pediatric and adult patients; TEGSEDI, an antisense injection for the treatment of polyneuropathy caused by hereditary transthyretin amyloidosis in adults; and WAYLIVRA, an antisense medicine for treatment for familial chylomicronemia syndrome (FCS) and familial partial lipodystrophy. It also develops medicines for various indications that are in phase 3 study, including Eplontersen as a monthly self-administered subcutaneous injection to treat all types of ATTR; Olezarsen for patients with FCS and severe hypertriglyceridemia (SHTG); Donidalorsen for patients with hereditary angioedema; ION363 for patients with amyotrophic lateral sclerosis; Tofersen to inhibit the production of superoxide dismutase 1; Pelacarsen for patients with established cardiovascular disease and elevated lipoprotein(a); and Bepirovirsen to inhibit the production of viral proteins associated with hepatitis B virus. In addition, the company develops IONIS-FB-LRx to inhibit the production of complement factor B and the alternative complement pathway; and ION224 to reduce the production of diacylglycerol acyltransferase 2. It has a strategic collaboration with Biogen for the treatment of neurological disorders; and collaboration and license agreement with Metagenomi, Inc, AstraZeneca, Bayer AG, GlaxoSmithKline plc, Novartis, Roche, Swedish Orphan Biovitrum AB, and PTC Therapeutics. The company was incorporated in 1989 and is based in Carlsbad, California.

IONS Stock Price History

IONS Stock News Headlines

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Company Calendar

Last Earnings
5/07/2024
Today
5/12/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:IONS
CUSIP
46433010
Employees
927
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$59.54
High Stock Price Target
$82.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+52.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$-366,290,000.00
Pretax Margin
-46.88%

Debt

Sales & Book Value

Annual Sales
$788 million
Book Value
$2.03 per share

Miscellaneous

Free Float
142,097,000
Market Cap
$5.70 billion
Optionable
Optionable
Beta
0.41
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Key Executives


IONS Stock Analysis - Frequently Asked Questions

Should I buy or sell Ionis Pharmaceuticals stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ionis Pharmaceuticals in the last twelve months. There are currently 1 sell rating, 3 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IONS shares.
View IONS analyst ratings
or view top-rated stocks.

What is Ionis Pharmaceuticals' stock price target for 2024?

14 brokerages have issued 1-year price objectives for Ionis Pharmaceuticals' stock. Their IONS share price targets range from $28.00 to $82.00. On average, they predict the company's share price to reach $59.54 in the next year. This suggests a possible upside of 52.4% from the stock's current price.
View analysts price targets for IONS
or view top-rated stocks among Wall Street analysts.

How have IONS shares performed in 2024?

Ionis Pharmaceuticals' stock was trading at $50.59 on January 1st, 2024. Since then, IONS stock has decreased by 22.8% and is now trading at $39.08.
View the best growth stocks for 2024 here
.

When is Ionis Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our IONS earnings forecast
.

How were Ionis Pharmaceuticals' earnings last quarter?

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) issued its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.98) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.10) by $0.12. The company had revenue of $119 million for the quarter, compared to the consensus estimate of $131.42 million. Ionis Pharmaceuticals had a negative trailing twelve-month return on equity of 107.64% and a negative net margin of 49.49%. The firm's revenue for the quarter was down 9.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.87) EPS.

What guidance has Ionis Pharmaceuticals issued on next quarter's earnings?

Ionis Pharmaceuticals issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $575.0 million-, compared to the consensus revenue estimate of $618.1 million.

What other stocks do shareholders of Ionis Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ionis Pharmaceuticals investors own include Xtrackers California Municipal Bond ETF (CA), Micron Technology (MU), NVIDIA (NVDA), Gilead Sciences (GILD), Alibaba Group (BABA), Alnylam Pharmaceuticals (ALNY), Biogen (BIIB), BlackRock (BLK), Skyworks Solutions (SWKS) and Advanced Micro Devices (AMD).

Who are Ionis Pharmaceuticals' major shareholders?

Ionis Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.21%), Baillie Gifford & Co. (0.20%), Assenagon Asset Management S.A. (0.19%), Swiss National Bank (0.17%), Privium Fund Management B.V. (0.16%) and Sumitomo Mitsui Trust Holdings Inc. (0.15%). Insiders that own company stock include Allene M Diaz, B Lynne Parshall, Brett P Monia, Brian Birchler, C Frank Bennett, Elizabeth L Hougen, Eric Swayze, Eugene Schneider, Frederick T Muto, Joseph Baroldi, Joseph Klein III, Onaiza Cadoret-Manier, Patrick R O'neil and Spencer R Berthelsen.
View institutional ownership trends
.

How do I buy shares of Ionis Pharmaceuticals?

Shares of IONS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IONS) was last updated on 5/12/2024 by MarketBeat.com Staff

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