Ligand Pharmaceuticals Incorporated LGND

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313.52 USD +6.50 (+2.12%)

At closeNov 3, 2026, 4:02 PM EST

313.53 +0.01 +0.00%

After hours · Nov 3, 4:02 PM ET

309.46 Day range 317.76
175.89 52-week range 326.63
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%)

310320WedThuFriMon316.11

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

Financials — quick view

All financials
LGND Revenue — quarterly 78.75M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
LGND Net income — quarterly -28.48M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
LGND EPS — quarterly -1.43
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

LGND recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 25, 2027Dec 30, 20262.87———
Oct 29, 2026Sep 30, 20262.332.67+0.34+14.59%
Aug 6, 2026Jun 30, 20262.012.37+0.36+17.91%
May 14, 2026Mar 31, 20261.841.63-0.21-11.41%
Feb 26, 2026Dec 31, 20251.462.02+0.56+38.36%
Nov 6, 2025Sep 30, 20251.973.09+1.12+56.85%

Upgrades / downgrades

LGND analyst upgrades and downgrades
DateFirmActionFromTo
Oct 30, 2026RBC CapitalmainOutperformOutperform
Sep 25, 2026Barclaysinit—Overweight
Sep 24, 2026HC Wainwright & Co.reitBuyBuy
Sep 23, 2026CitigroupmainBuyBuy
Aug 14, 2026Leerink Partnersinit—Outperform
Aug 7, 2026RBC CapitalmainOutperformOutperform

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

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Insider holders

LGND insider holders
InsiderRelationLatest transactionDateShares held
ARYEH JASON MDirectorSaleJun 10, 2026115,580
DAVIS TODD CLIFTONChief Executive OfficerStock Award(Grant)Mar 1, 2026199,381
ESPINOZA OCTAVIOChief Financial OfficerConversion of Exercise of derivative securityAug 11, 202627,696
GRAY NANCY RYANDirectorStock Award(Grant)Jun 4, 20268,930
HAAS JASONDirectorConversion of Exercise of derivative securityAug 11, 20263,981
KOZARICH JOHN W.DirectorStock Award(Grant)Jun 4, 202642,622

Institution ownership

LGND institution ownership
Holder% heldSharesValueReported
Blackrock Inc.15.50%3,100,996972.22MJun 29, 2026
Invesco Ltd.6.01%1,201,644376.74MJun 29, 2026
Vanguard Portfolio Management LLC5.69%1,138,316356.88MJun 29, 2026
Jupiter Topco LLC5.20%1,040,578326.24MJun 29, 2026
Vanguard Capital Management LLC4.35%870,950273.06MJun 29, 2026
State Street Corporation4.13%826,539259.14MJun 29, 2026

Fund ownership

LGND fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.94%1,187,510372.31MSep 29, 2026
AIM Counselor Series TRT -Invesco Discovery Fd.3.17%633,699198.68MAug 30, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.03%605,720189.91MJun 29, 2026
Franklin Custodian Funds-FRANKLIN DYNATECH FUND2.75%550,000172.44MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.59%518,425162.54MSep 29, 2026
JANUS INVESTMENT FUND-Janus Henderson Triton Fund2.47%494,252154.96MJun 29, 2026