RARE vs ALNY: Ultragenyx vs Alnylam Stock Comparison: AI Score, Valuation, Performance and Upside
Ultragenyx is a commercial rare disease company pivoting toward gene therapy with a diversified approved product portfolio, while Alnylam is the world leader in RNA interference therapeutics with multiple approved drugs and a large ATTR amyloidosis market opportunity. Alnylam is the more advanced and validated rare disease platform; Ultragenyx has gene therapy optionality.
RARE vs ALNY is a gene therapy-pivoting rare disease biotech versus the world's leading RNA interference medicines company — Alnylam has more validated commercial revenue and a larger market opportunity; Ultragenyx offers gene therapy upside at an earlier stage of execution.
RARE holds the edge across 3 of 5 key metrics in this comparison. RARE leads on both 1-year return (+9.87%) and forward P/E quality (20.71x vs 20.99x for ALNY), a relatively favorable combination of momentum and valuation. Analyst consensus implies meaningfully more upside for RARE (+63.56%) than for ALNY (+54.68%).
- →want rare disease exposure with gene therapy pipeline as additional upside
- →value Crysvita and Dojolvi as commercial products that fund R&D without full burn
- →believe gene therapy will become a standard treatment modality for metabolic rare diseases
- →are comfortable with extended profitability timeline as gene therapy pipeline advances
- →prefer the world leader in validated RNA interference medicines with multiple approved drugs
- →value the ATTR amyloidosis market as a large, growing, underpenetrated revenue opportunity
- →want the more commercially advanced rare disease and cardiovascular RNAi platform
- →are comfortable with competitive ATTR landscape and payer scrutiny on high-cost drugs
| Metric | RARE | ALNY |
|---|---|---|
| AI score | 25.3 | 57.5 |
| AI rank | #2849 | #252 |
| Latest close | $32.12 | $282.78 |
| 1M return | +31.89% | -0.02% |
| 6M return | +31.78% | -23.76% |
| 1Y return | +9.87% | -10.44% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | RARE | ALNY |
|---|---|---|
| 1Y ago | $10.99K (+9.9%) started 2025-07-14 | $8.96K (-10.4%) started 2025-07-14 |
| 5Y ago | $3.79K (-62.1%) started 2021-07-14 | $16.6K (+66.0%) started 2021-07-14 |
| 10Y ago | $6.48K (-35.2%) started 2016-07-14 | $44.88K (+348.8%) started 2016-07-14 |
Hypothetical — past performance does not guarantee future results.
| Metric | RARE | ALNY |
|---|---|---|
| Market cap | $3.16B | $37.75B |
| Trailing P/E | N/A | 73.83 |
| Forward P/E | 20.71 | 20.99 |
| Price/Sales | 4.72 | 8.81 |
| EV/Revenue | 6.05 | 8.96 |
| Analyst target | $52.53 | $437.42 |
| Target upside | +63.56% | +54.68% |
| Metric | RARE | ALNY |
|---|---|---|
| Revenue growth | -2.20% | 96.40% |
| Earnings growth | N/A | N/A |
| EPS growth | N/A | N/A |
| FCF margin | -32.70% | +4.78% |
| Operating margin | N/A | N/A |
| Profit margin | -90.90% | 12.55% |
| ROIC proxy | N/A | 90.36% |
| Return on equity | N/A | 90.36% |
| Dividend yield | 0.00% | 0.00% |
| Beta | 0.31 | 0.27 |
| Debt/equity | N/A | 276.20 |
| Current ratio | 2.02 | 3.13 |
| Quick ratio | 1.65 | 2.88 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | RARE | ALNY |
|---|---|---|---|
| 1Y | Growth | +9.87% | -10.44% |
| CAGR | +9.88% | -10.45% | |
| Sharpe ratio | 0.46 | -0.23 | |
| Max drawdown | 49.37% | 43.39% | |
| Max daily drop | 42.32% | 6.87% | |
| Max wkly drop | 41.13% | 14.54% | |
| 5Y | Growth | -62.10% | +66.01% |
| CAGR | -17.64% | +10.67% | |
| Sharpe ratio | -0.15 | 0.35 | |
| Max drawdown | 81.93% | 43.39% | |
| Max daily drop | 42.32% | 17.10% | |
| Max wkly drop | 41.13% | 20.65% | |
| 10Y | Growth | -35.17% | +348.79% |
| CAGR | -4.24% | +16.20% | |
| Sharpe ratio | 0.12 | 0.46 | |
| Max drawdown | 89.57% | 59.95% | |
| Max daily drop | 42.32% | 48.49% | |
| Max wkly drop | 41.13% | 49.44% |
| Category | RARE | ALNY |
|---|---|---|
| Company | Ultragenyx Pharmaceutical Inc. | Alnylam Pharmaceuticals, Inc. |
| Sector | Healthcare | Healthcare |
| Industry | N/A | N/A |
| Core business | Rare disease biopharmaceutical company with approved treatments including Crysvita (X-linked hypophosphatemia), Dojolvi (LC-FAOD), and Evkeeza (homozygous familial hypercholesterolemia). Ultragenyx's pipeline emphasizes gene therapy for rare metabolic disorders. | RNA interference (RNAi) therapeutics leader with multiple approved drugs: Onpattro, Givlaari, Oxlumo, Leqvio (co-commercialized with Novartis), and Amvuttra for ATTR amyloidosis. RNAi silences disease-causing genes by degrading mRNA before protein production. |
| Investor focus | Crysvita global revenue ramp, gene therapy clinical progress, pipeline acceleration, and path to profitability as commercial products scale. | Amvuttra and Leqvio revenue ramp, ATTR amyloidosis market penetration, royalties from Novartis Leqvio co-promotion, and pipeline advancement in cardiovascular disease. |
- →Diversified commercial rare disease portfolio provides revenue while gene therapy pipeline advances
- →Gene therapy expertise positions Ultragenyx in a next-generation treatment modality for rare genetic disorders
- →Strong orphan drug designation history provides regulatory and commercial exclusivity advantages
- →Alnylam has validated the RNAi platform with multiple approved drugs across rare diseases and cardiovascular conditions
- →ATTR amyloidosis market for Amvuttra is large and growing — millions of undiagnosed patients represent significant upside
- →Leqvio partnership with Novartis provides commercial muscle without full Alnylam marketing investment
- →Rare disease drugs face reimbursement challenges from payers who scrutinize high-cost treatments
- →Gene therapy programs are earlier-stage with uncertain clinical and regulatory timelines
- →Profitability timeline remains extended as R&D investment for gene therapy is significant
- →Competitive landscape for ATTR amyloidosis includes Pfizer (tafamidis) and other gene silencing approaches
- →RNAi drug pricing is subject to payer scrutiny in rare disease and now cardiovascular populations
- →Pipeline beyond ATTR and cardiovascular requires further clinical validation to sustain premium valuation
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