Ionis Pharmaceuticals Inc
IONS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lNv | LOCK|Zm^w | LOCK|ScLk$^ |
Ionis Earnings: Tryngolza Commercial Launch Underway; Shares Very Undervalued
Narrow-moat Ionis Pharmaceuticals reported solid 2024 results highlighted by total revenue of $705 million and a portfolio that continues to make progress. Ionis is tracking our expectations, and we maintain our $69 fair value estimate. We view the shares as very undervalued, trading at an attractive entry point for long-term investors with a high degree of risk tolerance.
