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Ionis Pharmaceuticals (IONS) Stock Price, News & Analysis

Ionis Pharmaceuticals logo
$51.77 -1.51 (-2.83%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$52.55 +0.78 (+1.51%)
As of 07/31/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Ionis Pharmaceuticals Stock (NASDAQ:IONS)

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Key Stats

Today's Range
$51.28
$53.33
50-Day Range
$51.77
$86.33
52-Week Range
$40.03
$86.74
Volume
2.57 million shs
Average Volume
4.54 million shs
Market Capitalization
$8.60 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$94.85
Consensus Rating
Moderate Buy

Company Overview

Ionis Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of RNA-targeted therapies designed to modulate gene expression. The company’s proprietary antisense oligonucleotide (ASO) technology enables the selective binding of short synthetic strands of nucleic acids to messenger RNA (mRNA), thereby inhibiting or altering the production of disease-causing proteins. Ionis’ pipeline spans a range of therapeutic areas, including neurological disorders, cardiovascular conditions, metabolic diseases and rare genetic disorders.

Since its founding in 1989 by Dr. Stanley T. Crooke, Ionis has advanced more than 40 investigational drugs into clinical development, successfully bringing several treatments to market through strategic partnerships. Notably, the company collaborated with Biogen on the launch of Spinraza® (nusinersen), the first approved treatment for spinal muscular atrophy, and has licensed other products to global biopharmaceutical companies such as AstraZeneca and Roche. Ionis also established Akcea Therapeutics as a subsidiary to commercialize assets in rare diseases, reflecting its commitment to specialized patient populations.

Headquartered in Carlsbad, California, Ionis operates research and development centers in the United States and maintains partnerships that enable commercial reach in North America, Europe and Asia-Pacific regions. The company employs teams of scientists, clinicians and manufacturing experts to advance RNA-modulating therapies from early discovery through late-stage clinical trials. Ionis’ integrated manufacturing capabilities support both internal programs and external collaborations, reinforcing its role as a leader in oligonucleotide production.

Under the leadership of Executive Chairman Stanley T. Crooke and President & Chief Executive Officer Brett P. Monia, Ionis continues to invest in next-generation RNA platforms, including ligand-conjugated ASOs and splice-modulating compounds. The company’s strategic focus on precision medicine and its platform-derived pipeline position Ionis to address unmet medical needs and expand the application of RNA-targeted therapies worldwide.

AI Generated. May Contain Errors.

Ionis Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

IONS MarketRank™: 

Ionis Pharmaceuticals scored higher than 79% of companies evaluated by MarketBeat, and ranked 177th out of 898 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ionis Pharmaceuticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on no strong buy ratings, 18 buy ratings, 3 hold ratings, and 1 sell rating.

  • Upside Potential

    Ionis Pharmaceuticals has a consensus price target of $94.85, representing about 83.2% upside from its current price of $51.77.

  • Amount of Analyst Coverage

    Ionis Pharmaceuticals has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ionis Pharmaceuticals' stock forecast and price target.
  • Earnings Growth

    Earnings for Ionis Pharmaceuticals are expected to grow in the coming year, from ($3.67) to ($2.18) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ionis Pharmaceuticals is -14.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ionis Pharmaceuticals is -14.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Ionis Pharmaceuticals has a P/B Ratio of 19.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    12.35% of the float of Ionis Pharmaceuticals has been sold short.
  • Short Interest Ratio / Days to Cover

    Ionis Pharmaceuticals has a short interest ratio ("days to cover") of 3.68, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ionis Pharmaceuticals has recently increased by 15.02%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Ionis Pharmaceuticals does not currently pay a dividend.

  • Dividend Growth

    Ionis Pharmaceuticals does not have a long track record of dividend growth.

  • News Sentiment

    Ionis Pharmaceuticals has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 34 news articles for Ionis Pharmaceuticals this week, compared to 10 articles on an average week.
  • Search Interest

    38 people have searched for IONS on MarketBeat in the last 30 days. This is an increase of 124% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Ionis Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ionis Pharmaceuticals insiders have sold 1,630.10% more of their company's stock than they have bought. Specifically, they have bought $1,058,700.00 in company stock and sold $18,316,551.00 in company stock.

  • Percentage Held by Insiders

    1.81% of the stock of Ionis Pharmaceuticals is held by insiders.

  • Percentage Held by Institutions

    93.86% of the stock of Ionis Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ionis Pharmaceuticals' insider trading history.
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IONS Stock News Headlines

Ionis Pharmaceuticals (NASDAQ:IONS) Cut to "Sell" at Wall Street Zen
This could help save your retirement
Murray Stahl is a Wall Street money manager who put more than half of his $9 billion firm into a single stock - one that returned 46,950% between 2002 and 2026, according to Morningstar. Whitney Tilson of Stansberry Research believes this company, which sits at the center of AI and another major U.S. industry, could be a rare retirement-building opportunity. He's revealing the name and ticker for free.tc pixel
Ionis Pharmaceuticals (IONS) Q2 2026
A gloved hand holds a white capsule pill in a pharmaceutical laboratory setting.
The Phase 3 Failure That Sent Biotech Winners and Losers in Opposite Directions (IONS)
Wainua missed its Phase 3 endpoint, hitting Ionis Pharmaceuticals hard while AstraZeneca absorbed the blow easily, boosting rivals BridgeBio, Pfizer and Alnylam Pharmaceuticals.
See More Headlines

IONS Stock Analysis - Frequently Asked Questions

Ionis Pharmaceuticals' stock was trading at $79.11 at the beginning of 2026. Since then, IONS stock has decreased by 34.6% and is now trading at $51.77.

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) issued its quarterly earnings data on Wednesday, April, 29th. The company reported ($0.56) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.85) by $0.29. Ionis Pharmaceuticals's revenue was up 86.4% on a year-over-year basis.
Read the conference call transcript
.

Ionis Pharmaceuticals' top institutional investors include Handelsbanken Fonder AB (0.23%), Assenagon Asset Management S.A. (0.02%), Victrix Investment Advisors and GAMMA Investing LLC. Insiders that own company stock include Brett P Monia, Spencer R Berthelsen, Elizabeth L Hougen, Eugene Schneider, C Frank Bennett, Brian Birchler, Patrick R O'neil, Richard S Geary, B Lynne Parshall, Joseph H Wender, Onaiza Cadoret-Manier, Michael R Hayden, Kyle Jenne, Holly B Kordasiewicz, Eric Swayze, Joseph Baroldi, Shannon L Devers, Joseph Klein III and Allene M Diaz.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ionis Pharmaceuticals investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
4/29/2026
Today
8/01/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:IONS
CIK
874015
Employees
1,402
Year Founded
1989

Price Target and Rating

High Price Target
$129.00
Low Price Target
$69.00
Potential Upside/Downside
+83.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
($3.46)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$381.39 million
Net Margins
-64.76%
Pretax Margin
-64.30%
Return on Equity
-111.08%
Return on Assets
-17.41%

Debt

Debt-to-Equity Ratio
3.07
Current Ratio
7.89
Quick Ratio
4.09

Sales & Book Value

Annual Sales
$944 million
Price / Sales
9.11
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.65 per share
Price / Book
19.54

Miscellaneous

Outstanding Shares
166,180,000
Free Float
163,176,000
Market Cap
$8.60 billion
Optionable
Optionable
Beta
0.36

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This page (NASDAQ:IONS) was last updated on 8/2/2026 by MarketBeat.com Staff.
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