IONSIonis Pharmaceuticals presents a mixed investment profile. Strong thematic alignment in biotech innovation and consistent revenue growth are offset by persistent unprofitability and a challenging technical outlook. Investors should monitor pipeline developments and regulatory approvals.
Ionis Pharmaceuticals is well-positioned within the burgeoning field of RNA-targeted therapies, addressing significant unmet medical needs in neurological and cardiovascular diseases. The company benefits from strong collaboration agreements with major pharmaceutical players.
Ionis Pharmaceuticals shows positive revenue trends but struggles with profitability, exhibiting negative EPS and net margins. While its balance sheet is manageable, cash flow remains negative, indicating reliance on financing. Valuation metrics are challenging given current earnings.
The stock exhibits a downtrending pattern across most timeframes, with key moving averages acting as resistance. While some oscillators suggest oversold conditions, the overall trend indicates caution.
| Factor | Score |
|---|---|
| Biotechnology Innovation | 90 |
| Market Demand for Gene Therapies | 85 |
| Strategic Partnerships | 92 |
| Regulatory Landscape | 70 |
| Competitive Moat | 80 |
| Factor | Score |
|---|---|
| Valuation | 40 |
| Profitability | 15 |
| Growth | 30 |
| Balance Sheet Health | 45 |
| Cash Flow | 20 |
| Factor | Score |
|---|---|
| Trend Analysis | 25 |
| Momentum | 55 |
| Support & Resistance | 60 |
| Volume Confirmation | 50 |
Positive Short-Term Performance
The stock has shown positive performance over the last 5 days (+1.44%), 1 month (+5.96%), and 6 months (+23.79%), indicating recent upward momentum.
Reasonable Price-to-Sales Ratio
The trailing Price-to-Sales (P/S) ratio of 13.6 (TTM) and 24.6 (2024 Q4) is high, but the PS ratio for 2021 was 6.0, suggesting a potential for improvement if revenue growth accelerates.
Consistent Net Losses
The company has consistently reported net losses, with a TTM net income of -$391.767 million and a net margin of -64.4% in 2024Q4. This indicates ongoing profitability challenges.
High Valuation Multiples
The trailing P/E ratio is negative (-17.1 TTM), reflecting losses. Even on a forward basis, the price-to-sales ratios (e.g., 24.6 in 2024 Q4) are high, suggesting the stock is priced for significant future growth that is not yet realized.
July 2025
30
Next Earnings Date
H: $0.61
A: $0.17
L: $-0.45
H: 394.29M
A: 299.00M
L: 127.60M
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; 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); Donidalorsen for patients with hereditary angioedema; and Zilganerse, a potential treatment for people with genetically confirmed Alexander disease, as well as ION582 that has completed Phase 2 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.
57.58 USD
The 39 analysts offering 1 year price forecasts for IONS have a max estimate of 83.00 and a min estimate of 37.00.