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Added to YB: 2024-10-02

Pitch date: 2024-10-01

IONS [bullish]

Ionis Pharmaceuticals, Inc.

+107.76%

current return

Author Info

No bio for this author

Company Info

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States.

Market Cap

$13.4B

Pitch Price

$38.90

Price Target

69.00 (-15%)

Dividend

N/A

EV/EBITDA

-55.53

P/E

-51.28

EV/Sales

13.67

Sector

Biotechnology

Category

growth

Show full summary:
Ionis Pharmaceuticals, Inc.: Following In-Line Quarter, We Raise Fair Value Estimate to $69 on Angelman Potential

IONS: Antisense oligonucleotide leader w/ broad pipeline. Wainua launch 2024 ($3B+ potential), olezarsen 2025-26. Partnerships (AZ, Biogen, Novartis) drive late-stage programs. Narrow moat from IP, but faces RNA/gene therapy competition. FVE $69. Profitable by 2027. High uncertainty due to pipeline risks.

Read full article (8 min)