Ligand Pharmaceuticals Incorporated LGND
Nov 6, 2026, 12:49 PM EST
- YTD
- +62.64%
- 1 year
- +47.68%
- Market cap
- 6.15B
- Revenue (ttm)
- 253.83M
- Profit margin
- 20.27%
- EPS (ttm)
- 2.49
- Shares out
- 20.00M
- P/E ratio
- 123.53
- Forward P/E
- 25.90
- YTD return
- +62.64%
- 1-year return
- +47.68%
- Volume
- 43.32K
- Avg volume
- 236.95K
- Open
- 298.18
- Previous close
- 299.00
- Day's range
- 298.18 – 307.93
- 52-week range
- 175.89 – 326.63
- Beta
- 1.03
- Analysts
- Strong Buy
- Price target
- 350.92 (+14.1%)
- Earnings date
- Feb 25, 2027
1M +14.34 (+4.89%)
Key statistics
- Enterprise value
- 6.98B
- PEG ratio
- 1.53
- Price / sales
- 24.91
- Price / book
- 6.57
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -31.80%
- Free cash flow
- 62.45M
- Total cash
- 447.40M
- Total debt
- 1.15B
- Return on equity
- 5.38%
- Short % of float
- 14.99%
- 50-day average
- 297.47
- 200-day average
- 253.81
Analyst view
Consensus: strong buy
- Target (low)
- 247.00
- Target (mean)
- 350.92
- Target (high)
- 406.00
- Strong buy3
- Buy8
- Hold0
- Sell0
- Strong sell0
Next earnings
Feb 25, 2027
Expected Feb 25, 2027. Consensus EPS estimate 2.87.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 25, 2027 | Dec 30, 2026 | 2.84 | — | — | — |
| Oct 29, 2026 | Sep 30, 2026 | 2.33 | 2.67 | +0.34 | +14.59% |
| Aug 6, 2026 | Jun 30, 2026 | 2.01 | 2.37 | +0.36 | +17.91% |
| May 14, 2026 | Mar 31, 2026 | 1.84 | 1.63 | -0.21 | -11.41% |
| Feb 26, 2026 | Dec 31, 2025 | 1.46 | 2.02 | +0.56 | +38.36% |
| Nov 6, 2025 | Sep 30, 2025 | 1.97 | 3.09 | +1.12 | +56.85% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 30, 2026 | RBC Capital | main | Outperform | Outperform |
| Sep 25, 2026 | Barclays | init | — | Overweight |
| Sep 24, 2026 | HC Wainwright & Co. | reit | Buy | Buy |
| Sep 23, 2026 | Citigroup | main | Buy | Buy |
| Aug 14, 2026 | Leerink Partners | init | — | Outperform |
| Aug 7, 2026 | RBC Capital | main | Outperform | Outperform |
About Ligand Pharmaceuticals Incorporated
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma. The company also provides Teriparatide injection product for osteoporosis; RYLAZE, a recombinant erwinia asparaginase for acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes in adults and children aged 8 years and older with Stage 2 T1D; and VAXNEUVANCE for the prevention of invasive disease caused by streptococcus pneumoniae serotypes. In addition, it offers Duavee for menopause; Frovatriptan to treat Neurology; FYCOMPA and SESQUIENT for CNS; MEKINIST for cardiology; Nexterone, a captisol-enabled formulation of amiodarone; VEKLURY, an antiviral treatment for COVID-19; and Viviant for osteoporosis. Further, the company develops ACLX-002, Ciforadenant, UGN-301, Viright, MB07133, BOT/BAL, and Lasofoxifene for oncology; Ensifentrine for respiratory disease; QTORIN for rare disease; Sparsentan for kidney disease; VK2809 for hepatology; ANEB-001 for acute cannabinoid intoxication; Reproxalap for opthamology; VK0214 for Rare Disease; and VK5211 for musculoskeletal disorder. The company was incorporated in 1987 and is based in Jupiter, Florida.
- Sector
- Healthcare
- Industry
- Biotechnology
- Country
- United States
- Website
- ligand.com
News
Citigroup Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $402
Ligand Pharmaceuticals: Filspari And XOMA Strengthen The Case For A Buy RBC Capital Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $357
Ligand Pharmaceuticals Q3 2026 Earnings Call Transcript Ligand Pharmaceuticals Raises FY2026 Adj EPS Guidance from $9.00-$9.50 to $9.50-$9.75 vs $9.30 Est; Lowers FY2026 Sales Guidance from $270.000M-$310.000M to $225.000M-$250.000M vs $288.592M Est
Ligand Pharmaceuticals Q3 Adj. EPS $2.67 Beats $2.38 Estimate, Sales $78.700M Beat $77.232M Estimate
Here's How Much $1000 Invested In Ligand Pharmaceuticals 20 Years Ago Would Be Worth Today
Here's How Much $1000 Invested In Ligand Pharmaceuticals 15 Years Ago Would Be Worth Today
Full Transcript: Ligand Pharmaceuticals Q2 2026 Earnings Call Barclays Initiates Coverage On Ligand Pharmaceuticals with Overweight Rating, Announces Price Target of $345
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ARYEH JASON M | Director | Sale | Nov 1, 2026 | 116,758 |
| DAVIS TODD CLIFTON | Chief Executive Officer | Stock Award(Grant) | Mar 1, 2026 | 199,381 |
| ESPINOZA OCTAVIO | Chief Financial Officer | Sale | Aug 11, 2026 | 27,696 |
| GRAY NANCY RYAN | Director | Stock Award(Grant) | Jun 4, 2026 | 8,930 |
| HAAS JASON | Director | Sale | Aug 11, 2026 | 3,981 |
| KOZARICH JOHN W. | Director | Stock Award(Grant) | Jun 4, 2026 | 42,622 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 15.50% | 3,100,996 | 980.32M | Jun 29, 2026 |
| Invesco Ltd. | 6.01% | 1,201,644 | 379.88M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.69% | 1,138,316 | 359.86M | Jun 29, 2026 |
| Jupiter Topco LLC | 5.20% | 1,040,578 | 328.96M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.35% | 870,950 | 275.33M | Jun 29, 2026 |
| State Street Corporation | 4.13% | 826,539 | 261.29M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.94% | 1,187,510 | 375.41M | Sep 29, 2026 |
| AIM Counselor Series TRT -Invesco Discovery Fd. | 3.17% | 633,699 | 200.33M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.03% | 605,720 | 191.49M | Jun 29, 2026 |
| Franklin Custodian Funds-FRANKLIN DYNATECH FUND | 2.75% | 550,000 | 173.87M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.59% | 518,425 | 163.89M | Sep 29, 2026 |
| JANUS INVESTMENT FUND-Janus Henderson Triton Fund | 2.47% | 494,252 | 156.25M | Jun 29, 2026 |
