Ionis Pharmaceuticals Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ionis Pharmaceuticals in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Ionis Pharmaceuticals stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IONS, but not buy additional shares or sell existing shares.
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Ionis Pharmaceuticals saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 8,970,000 shares, a decrease of 17.3% from the May 31st total of 10,850,000 shares. Based on an average daily trading volume, of 1,820,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 6.7% of the shares of the stock are short sold.
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Ionis Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
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Ionis Pharmaceuticals will be holding an earnings conference call on Wednesday, August 4th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) released its quarterly earnings results on Wednesday, May, 5th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.48) by $0.16. The business had revenue of $112 million for the quarter, compared to analyst estimates of $134.93 million. Ionis Pharmaceuticals had a negative trailing twelve-month return on equity of 41.74% and a negative net margin of 69.63%. The company's revenue for the quarter was down 15.8% on a year-over-year basis. During the same period last year, the company posted ($0.35) EPS.
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Ionis Pharmaceuticals' stock was trading at $49.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IONS shares have decreased by 23.2% and is now trading at $37.72.
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Ionis Pharmaceuticals updated its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $600 M-, compared to the consensus revenue estimate of $632.68 million.

15 analysts have issued 12-month target prices for Ionis Pharmaceuticals' stock. Their forecasts range from $33.00 to $86.00. On average, they expect Ionis Pharmaceuticals' share price to reach $57.86 in the next year. This suggests a possible upside of 53.4% from the stock's current price.
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Some companies that are related to Ionis Pharmaceuticals include Amgen (AMGN), Gilead Sciences (GILD), Regeneron Pharmaceuticals (REGN), Vertex Pharmaceuticals (VRTX), Biogen (BIIB), Alexion Pharmaceuticals (ALXN), Seagen (SGEN), Alnylam Pharmaceuticals (ALNY), Exact Sciences (EXAS), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Novavax (NVAX), Repligen (RGEN), Neurocrine Biosciences (NBIX) and United Therapeutics (UTHR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ionis Pharmaceuticals investors own include CA (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).

Ionis Pharmaceuticals trades on the NASDAQ under the ticker symbol "IONS."

Ionis Pharmaceuticals' stock is owned by many different retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (0.08%), Grandfield & Dodd LLC (0.01%) and Heritage Wealth Advisors (0.00%). Company insiders that own Ionis Pharmaceuticals stock include B Lynne Parshall, Breaux Castleman, Brett P Monia, C Frank Bennett, Elizabeth L Hougen, Eric Swayze, Frederick T Muto, Joseph Klein III, Patrick R O'neil, Richard S Geary, Spencer R Berthelsen and Stanley T Crooke.
View institutional ownership trends for Ionis Pharmaceuticals.

IONS stock was sold by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC. Company insiders that have sold Ionis Pharmaceuticals company stock in the last year include B Lynne Parshall, Brett P Monia, C Frank Bennett, Elizabeth L Hougen, Eric Swayze, Frederick T Muto, Joseph Klein III, Patrick R O'neil, Richard S Geary, Spencer R Berthelsen, and Stanley T Crooke.
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IONS stock was bought by a variety of institutional investors in the last quarter, including Grandfield & Dodd LLC, and Heritage Wealth Advisors.
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Shares of IONS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IONS stock can currently be purchased for approximately $37.72.

Ionis Pharmaceuticals has a market capitalization of $5.32 billion and generates $729 million in revenue each year. The company earns $-451,290,000.00 in net income (profit) each year or ($3.23) on an earnings per share basis.

Ionis Pharmaceuticals employs 147,000 workers across the globe.

The official website for Ionis Pharmaceuticals is www.ionispharma.com.

Ionis Pharmaceuticals is headquartered at 2855 GAZELLE COURT, CARLSBAD CA, 92010.

Ionis Pharmaceuticals' mailing address is 2855 GAZELLE COURT, CARLSBAD CA, 92010. The company can be reached via phone at (760) 931-9200 or via email at [email protected]