Ligand Pharmaceuticals Incorporated LGND
At closeNov 3, 2026, 4:02 PM EST
After hours · Nov 3, 4:02 PM ET
- YTD
- +65.82%
- 1 year
- +63.94%
- Market cap
- 6.27B
- Revenue (ttm)
- 253.83M
- Profit margin
- 20.27%
- EPS (ttm)
- 2.49
- Shares out
- 20.00M
- P/E ratio
- 125.91
- Forward P/E
- 26.22
- YTD return
- +65.82%
- 1-year return
- +63.94%
- Volume
- 195.59K
- Avg volume
- 241.59K
- Open
- 309.99
- Previous close
- 307.02
- Day's range
- 309.46 – 317.76
- 52-week range
- 175.89 – 326.63
- Beta
- 1.03
- Analysts
- Strong Buy
- Price target
- 350.92 (+11.9%)
- Earnings date
- Feb 25, 2027
5D +4.50 (+1.44%)
Key statistics
- Enterprise value
- 6.85B
- PEG ratio
- 1.53
- Price / sales
- 24.71
- Price / book
- 6.46
- 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
- 296.81
- 200-day average
- 253.21
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 | 2.87 | — | — | — |
| 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
RBC Capital Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $357
Ligand Pharmaceuticals Incorporated (LGND) Q3 2026 Earnings Call Transcript
What Ligand Pharmaceuticals (LGND) Said on Its Q3 Earnings Call
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
Ligand Reports Third Quarter 2026 Financial Results
Ligand to Participate in November Investor Conferences
Here's How Much $1000 Invested In Ligand Pharmaceuticals 20 Years Ago Would Be Worth Today
Ligand to Host Investor Day on December 8, 2026
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ARYEH JASON M | Director | Sale | Jun 10, 2026 | 115,580 |
| DAVIS TODD CLIFTON | Chief Executive Officer | Stock Award(Grant) | Mar 1, 2026 | 199,381 |
| ESPINOZA OCTAVIO | Chief Financial Officer | Conversion of Exercise of derivative security | Aug 11, 2026 | 27,696 |
| GRAY NANCY RYAN | Director | Stock Award(Grant) | Jun 4, 2026 | 8,930 |
| HAAS JASON | Director | Conversion of Exercise of derivative security | 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 | 972.22M | Jun 29, 2026 |
| Invesco Ltd. | 6.01% | 1,201,644 | 376.74M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.69% | 1,138,316 | 356.88M | Jun 29, 2026 |
| Jupiter Topco LLC | 5.20% | 1,040,578 | 326.24M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.35% | 870,950 | 273.06M | Jun 29, 2026 |
| State Street Corporation | 4.13% | 826,539 | 259.14M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.94% | 1,187,510 | 372.31M | Sep 29, 2026 |
| AIM Counselor Series TRT -Invesco Discovery Fd. | 3.17% | 633,699 | 198.68M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.03% | 605,720 | 189.91M | Jun 29, 2026 |
| Franklin Custodian Funds-FRANKLIN DYNATECH FUND | 2.75% | 550,000 | 172.44M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.59% | 518,425 | 162.54M | Sep 29, 2026 |
| JANUS INVESTMENT FUND-Janus Henderson Triton Fund | 2.47% | 494,252 | 154.96M | Jun 29, 2026 |
