Ionis Pharmaceuticals Inc
IONS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Lsn | LOCK|>P$HC | LOCK|!Z<$Hc |
Ionis Earnings: Early Signs of Commercial Momentum for Tryngolza as Key Catalysts Approach
Ionis posted revenue of $268 million in the second quarter, up 56% year over year, excluding last year's one-time sapablursen upfront payment. Ionis maintained its 2026 guidance of roughly $890 million of revenue at the midpoint, including Tryngolza (olezarsen) net product sales of $105 million.
