Ionis Pharmaceuticals
IONS
About: Ionis Pharmaceuticals is the leading developer of antisense technology to discover and develop novel drugs. Its broad clinical and preclinical pipeline targets a wide variety of diseases, with an emphasis on cardiovascular, metabolic, neurological, and rare diseases. Ionis and Biogen brought Spinraza to market in 2016 as a treatment for spinal muscular atrophy, and Biogen launched ALS drug Qalsody in 2023. Ionis brought two additional drugs to market via its cardiovascular-focused subsidiary Akcea, including ATTR amyloidosis drug Tegsedi (2018) and cardiology drug Waylivra (Europe, 2019). Ionis and AstraZeneca launched polyneuropathy drug Wainua in 2024. Ionis received FDA approval in 2024 for Tryngolza for a rare high-triglyceride syndrome, marking its first independent launch.
Employees: 927
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
117% more call options, than puts
Call options by funds: $65.2M | Put options by funds: $30M
100% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 12 (+6) [Q2]
40% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 58
33% more capital invested
Capital invested by funds: $5.01B [Q1] → $6.67B (+$1.67B) [Q2]
12% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 108
6% more funds holding
Funds holding: 339 [Q1] → 360 (+21) [Q2]
1.77% more ownership
Funds ownership: 104.33% [Q1] → 106.1% (+1.77%) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
RBC Capital
Luca Issi
|
$80
|
Outperform
Maintained
|
4 Sep 2025 |
Citigroup
David Lebowitz
|
$84
|
Buy
Maintained
|
3 Sep 2025 |
Goldman Sachs
Salveen Richter
|
$45
|
Sell
Maintained
|
3 Sep 2025 |
BMO Capital
Kostas Biliouris
|
$70
|
Outperform
Upgraded
|
3 Sep 2025 |
Barclays
Gena Wang
|
$78
|
Overweight
Maintained
|
3 Sep 2025 |
Jefferies
Akash Tewari
|
$96
|
Buy
Maintained
|
2 Sep 2025 |
Needham
Joseph Stringer
|
$70
|
Buy
Maintained
|
2 Sep 2025 |
HC Wainwright & Co.
Mitchell S. Kapoor
|
$95
|
Buy
Maintained
|
2 Sep 2025 |
JP Morgan
Jessica Fye
|
$49
|
Neutral
Maintained
|
25 Aug 2025 |
Piper Sandler
Allison Bratzel
|
$65
|
Overweight
Maintained
|
22 Aug 2025 |
Wells Fargo
Yanan Zhu
|
$82
|
Overweight
Maintained
|
22 Aug 2025 |
UBS
Esther Rajavelu
|
$46
|
Neutral
Maintained
|
12 Aug 2025 |
Raymond James
Gary Nachman
|
$64
|
Strong Buy
Maintained
|
31 Jul 2025 |
Morgan Stanley
Michael Ulz
|
$62
|
Overweight
Upgraded
|
31 Jul 2025 |
HC Wainwright & Co.
Mitchell Kapoor
|
$65
|
Buy
Maintained
|
31 Jul 2025 |
Financial journalist opinion
Based on 22 articles about IONS published over the past 30 days