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Ionis Pharmaceuticals, Inc. (IONS) Stock Forecast

Data as of May 2, 2026

Healthcare · Current price $75.86 (+1.47%)

Consensus Target
$97.80
Upside
+41.4%
Analysts
20
Rating
Buy(2.05)

Price Target Range

Low $87.00Consensus $97.80High $104.00
▲ Current $75.86

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy13
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 10, 2026Tiago FauthRaymond James$104.00+37.1%
Feb 25, 2026Michael UlzMorgan Stanley$95.00+25.2%
Dec 17, 2025Luca IssiRBC Capital$95.00+25.2%
Oct 8, 2025Justin KimOppenheimer$90.00+18.6%
Sep 23, 2025Gena WangBarclays$82.00+8.1%
Sep 22, 2025Gary NachmanRaymond James$75.00-1.1%
Sep 3, 2025Kostas BiliourisBMO Capital$70.00-7.7%
Sep 2, 2025Gena WangBarclays$78.00+2.8%
Sep 2, 2025Michael UlzMorgan Stanley$71.00-6.4%
Sep 2, 2025Mitchell KapoorH.C. Wainwright$95.00+25.2%
Aug 22, 2025Yanan ZhuWells Fargo$82.00+8.1%
Oct 9, 2024Debjit ChattopadhyayGuggenheim$65.00-14.3%
Aug 2, 2024Kostas BiliourisBMO Capital$60.00-20.9%
Jul 24, 2024Mani ForooharLeerink Partners$62.00-18.3%
Jul 22, 2024Akash TewariJefferies$77.00+1.5%
Jul 22, 2024Salveen RichterGoldman Sachs$33.00-56.5%
Jul 16, 2024Akash TewariJefferies$75.00-1.1%
Jun 27, 2024Paul MatteisStifel Nicolaus$53.00-30.1%
Jun 17, 2024Luca IssiRBC Capital$70.00-7.7%
Jun 14, 2024William PickeringTudor Pickering$44.00-42.0%

IONS vs Sector & Market

MetricIONSHealthcare AvgLarge Cap Avg
Analyst Rating2.052.242.41
Analyst Count20818
Target Upside+41.4%+1150.2%+14.9%
P/E Ratio-30.526.9031.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$149M$187M$210M10
2026-09-30$157M$200M$228M5
2026-12-31$191M$244M$279M5
2027-03-31$208M$265M$303M5
2027-06-30$242M$309M$353M5
2027-09-30$288M$367M$419M5
2027-12-31$351M$447M$511M5
2028-12-31$2.01B$2.02B$2.02B14
2029-12-31$2.33B$2.75B$3.26B9
2030-12-31$3.02B$3.56B$4.22B13

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$-1.23$-1.07$-0.965
2026-09-30$-1.24$-1.05$-0.761
2026-12-31$-1.16$-0.98$-0.701
2027-03-31$-0.38$-0.32$-0.231
2027-06-30$-0.25$-0.21$-0.151
2027-09-30$-0.06$-0.05$-0.041
2027-12-31$0.09$0.12$0.141
2028-12-31$-3.77$1.17$5.0210
2029-12-31$2.91$3.63$4.504
2030-12-31$5.19$6.47$8.034

Frequently Asked Questions

What is the analyst consensus for IONS?

The consensus among 20 analysts covering Ionis Pharmaceuticals, Inc. (IONS) is Buy with an average price target of $97.80.

What is the highest price target for IONS?

The highest price target for IONS is $104.00, set by Tiago Fauth at Raymond James on 2026-04-10.

What is the lowest price target for IONS?

The lowest price target for IONS is $30.00, set by Jason Gerberry at Bank of America Securities on 2022-02-01.

How many analysts cover IONS?

20 analysts have issued ratings for Ionis Pharmaceuticals, Inc. in the past 12 months.

Is IONS a buy or sell right now?

Based on 20 analyst ratings, IONS has a consensus rating of Buy (2.05/5) with a +41.4% upside to the consensus target of $97.80.

What are the earnings estimates for IONS?

Analysts estimate IONS will report EPS of $-1.07 for the period ending 2026-06-30, with revenue estimated at $187M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.