MetaCap

Ionis Pharmaceuticals (IONS) vs Spyre Therapeutics (SYRE)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Spyre Therapeutics (SYRE) has outperformed Ionis Pharmaceuticals (IONS) over the past year, gaining 351.9% versus a loss of 38.1%. Over five years, IONS leads with a +23.4% price change compared with -60.9% for SYRE. Spyre Therapeutics is the larger company by market cap ($7.91 billion vs $7.52 billion), about 1.1 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IONS-38.11%SYRE+351.92%
+544%+239%-66%
Oct 8, 20251 yearOct 8, 2026
IONS+27.02%SYRE-58.92%
+166%+28%-111%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IONS versus SYRE key metrics
MetricIONSSYRE
Share price$45.28$85.69
Market cap$7.52B$7.91B
1-day change+4.57%+7.25%
YTD return-45.27%+143.89%
1-year return-38.11%+351.92%
5-year return+23.36%-60.93%
EPS (TTM)$-3.48$-1.92
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$943.71M$0
Revenue growth (YoY)+33.83%—
Net income (latest FY)$-381.39M$-155.20M
Gross margin98.31%—
Operating margin-40.45%—
Net margin-40.41%—
52-week high$86.74$110.18
52-week low$42.63$18.12
Distance from 52-week high-47.80%-22.22%
Analyst consensusbuystrong_buy
Avg. price target upside+84.72%+40.28%
Average volume3.51M1.22M
Shares outstanding166.18M92.29M
Employees1,480125
SectorHealth CareHealth Care
IndustryBiotechnology: Pharmaceutical PreparationsBiotechnology: Pharmaceutical Preparations

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • SYRE has outperformed IONS by 390.0 percentage points over the past year.

About Ionis Pharmaceuticals

IONS stock →

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. The company offers TRYNGOLZA reduces triglyceride levels in adults with familial chylomicronemia syndrome (FCS) and acute pancreatitis; DAWNZERA for prophylaxis to prevent attacks of hereditary angioedema in adults; WAINUA for the treatment of the polyneuropathy of hereditary transthyretin-medicated amyloidosis (ATTRv-PN) in adults; and SPINRAZA for pediatric and adult patients with spinal muscular atrophy (SMA).

Health Care · Biotechnology: Pharmaceutical Preparations · 1,480 employees

About Spyre Therapeutics

SYRE stock →

Spyre Therapeutics, Inc., a clinical stage biotechnology company, focuses on developing therapeutics for patients living with inflammatory bowel disease (IBD) and rheumatic diseases. The company develops SPY001, a humanized monoclonal immunoglobulin G1 antibody that is in phase-2 clinical stage designed to bind selectively to the a4ß7 integrin being developed for the treatment of IBD (ulcerative colitis and Crohn's disease); and SPY002 and SPY072 – anti-TL1A mAbs designed to bind to tumor necrosis factor-like ligand 1A (TL1A).

Health Care · Biotechnology: Pharmaceutical Preparations · 125 employees

IONS vs SYRE FAQ

Which is bigger, Ionis Pharmaceuticals or Spyre Therapeutics?

Spyre Therapeutics (SYRE) is larger, with a market capitalization of $7.91B compared with $7.52B for Ionis Pharmaceuticals (IONS).

Which stock has performed better over the past year, IONS or SYRE?

SYRE returned +351.92% over the past 12 months, compared with -38.11% for IONS (price return, excluding dividends). Past performance does not predict future results.

Are Ionis Pharmaceuticals and Spyre Therapeutics in the same industry?

Yes. Both are classified in the Biotechnology: Pharmaceutical Preparations industry within the Health Care sector.

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