Rating Change
Wolfe Research analysts downgraded Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) from Outperform to Peer Perform on July 16, 2026.
Rating Change Wolfe Research analysts downgraded Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) from Outperform to Peer Perform on July 16, 2026. Market Context Ionis Pharmaceuticals,…

Wolfe Research analysts downgraded Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) from Outperform to Peer Perform on July 16, 2026.
Ionis Pharmaceuticals, Inc. operates in the Healthcare sector. The stock currently trades at $54.65 with a market capitalization of $12.6B. The stock has gained 31.1% over the past 52 weeks.
Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Wolfe Research's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 16, 2026 | Wolfe Research | Peer Perform | N/A |
| Jul 13, 2026 | RBC Capital | Outperform | N/A |
| Jul 10, 2026 | HC Wainwright & Co. | Buy | N/A |
| Jul 10, 2026 | Barclays | Overweight | N/A |
| Jul 10, 2026 | Morgan Stanley | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View IONS Stock Page
A Peer Perform rating from Wolfe Research reflects the analyst's outlook on Ionis Pharmaceuticals, Inc. (NASDAQ:IONS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the IONS forecast page.
Current market data
NASDAQ · IONS
$60.36
Down: -$0.04 · -0.06%
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