Ligand Pharmaceuticals Incorporated (LGND)

NASDAQ: LGND · Real-Time Price · USD
237.00
+1.09 (0.46%)
At close: Jun 5, 2026, 4:00 PM EDT
240.25
+3.25 (1.37%)
After-hours: Jun 5, 2026, 6:49 PM EDT
Market Cap4.75B +140.3%
Revenue (ttm)274.48M +51.2%
Net Income153.56M
EPS7.50
Shares Out 20.04M
PE Ratio31.60
Forward PE44.74
Dividendn/a
Ex-Dividend Daten/a
Volume174,942
Open235.75
Previous Close235.91
Day's Range235.65 - 240.53
52-Week Range102.50 - 247.38
Beta1.04
AnalystsStrong Buy
Price Target277.60 (+17.13%)
Earnings DateMay 7, 2026

About LGND

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 osteopor... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Nov 18, 1992
Employees 47
Stock Exchange NASDAQ
Ticker Symbol LGND
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for LGND stock is "Strong Buy." The 12-month stock price target is $277.6, which is an increase of 17.13% from the latest price.

Price Target
$277.6
(17.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ligand to Participate in June Investor Conferences

JUPITER, Fla., May 27, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its senior management team will participate in the following upcoming investor c...

Other symbols: LGND
10 days ago - GlobeNewsWire

Ligand Pharmaceuticals Proxy statement: Proxy filing

Ligand Pharmaceuticals filed a proxy statement on May 18, 2026, providing details for shareholder voting and corporate governance matters.

20 days ago - Filings

Ligand Pharmaceuticals Earnings Call Transcript: Q1 2026

Q1 2026 saw 56% royalty revenue and 23% adjusted EPS growth year-over-year, driven by portfolio expansion and the strategic shift to royalty aggregation. The XOMA Royalty acquisition is expected to be immediately accretive, further diversifying assets and accelerating long-term growth.

4 weeks ago - Transcripts

Ligand Pharmaceuticals Earnings release: Q1 2026

Ligand Pharmaceuticals released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Ligand Pharmaceuticals Slides: Q1 2026

Ligand Pharmaceuticals has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

4 weeks ago - Filings

Ligand Pharmaceuticals Quarterly report: Q1 2026

Ligand Pharmaceuticals has published its Q1 2026 quarterly earnings report on May 7, 2026.

4 weeks ago - Filings

Ligand Reports First Quarter 2026 Financial Results

First quarter performance driven by strong year-over-year royalty revenue growth of  56% Reaffirms Previously Raised 2026 Full-Year Financial Guidance Reflecting Anticipated Partial-Year Contribution ...

Other symbols: LGND
4 weeks ago - GlobeNewsWire

Ligand to Participate in May Investor Conferences

JUPITER, Fla., May 05, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its senior management team will participate in the following upcoming investor c...

Other symbols: LGND
4 weeks ago - GlobeNewsWire

Ligand Pharmaceuticals Proxy statement: Proxy filing

Ligand Pharmaceuticals filed a proxy statement on April 28, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of XOMA Royalty Corporation

NEW YORK, April 27, 2026 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by XOMA Royalty Corporation (NASDAQ: XOMA) and its board of directors concerning the propo...

Other symbols: LGNDXOMA
5 weeks ago - PRNewsWire

Ligand Pharma to buy fellow biotech royalty rights buyer XOMA for $739 million

Ligand Pharmaceuticals will buy fellow biotechnology royalty aggregator XOMA Royalty for about $739 million in cash, the ​companies said on Monday.

Other symbols: LGND
5 weeks ago - Reuters

Ligand Pharmaceuticals Transcript: M&A announcement

The acquisition of XOMA Royalty will double the portfolio size, add seven commercial royalties, and over 100 development-stage programs, driving immediate and long-term earnings growth. The all-cash deal is expected to be accretive from 2026, with significant synergies and no shareholder dilution.

5 weeks ago - Transcripts

Ligand Pharmaceuticals Press release: M&A announcement

Ligand Pharmaceuticals issued a press release on April 27, 2026, disclosing material business information to investors.

5 weeks ago - Filings

Ligand Pharmaceuticals Slides: M&A announcement

Ligand Pharmaceuticals has posted slides in relation to its latest quarterly earnings report, which was published on April 27, 2026.

5 weeks ago - Filings

Ligand Pharmaceuticals Proxy statement: Proxy filing

Ligand Pharmaceuticals filed a proxy statement on April 27, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings

Ligand to Acquire XOMA Royalty, Further Accelerating Profit Growth and Strengthening Ligand's Position as a Leading Biopharma Royalty Aggregator

Transaction expands Ligand's royalty portfolio to more than 200 assets and adds seven new commercial products Bolsters and diversifies Ligand's long-term compounding growth, adding a complementary por...

Other symbols: LGNDXOMA
5 weeks ago - GlobeNewsWire

Ligand Pharmaceuticals Is Buying Xoma for Nearly $740 Million

Ligand and Xoma are known as royalty aggregators that invest in drugs during development and collect royalties from their sales if the drugs succeed.

Other symbols: LGND
5 weeks ago - WSJ

Coave Therapeutics to present two posters at ARVO 2026, on first-in-class ligand-conjugated suprachoroidal vector and lead gene therapy program

PARIS, France – 22 April 2026: Coave Therapeutics (“Coave”), a company redefining targeted gene therapy with a best-in-class pipeline powered by ligand-conjugated vectors, today announces it will deli...

Other symbols: LGND
6 weeks ago - GlobeNewsWire

Ligand to Report First Quarter 2026 Financial Results on May 7, 2026

JUPITER, Fla., April 22, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report first quarter 2026 financial results on Thursday, May 7, 2026.

Other symbols: LGND
6 weeks ago - GlobeNewsWire

Ligand Pharmaceuticals Proxy statement: Proxy filing

Ligand Pharmaceuticals filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Ligand Pharmaceuticals Proxy statement: Proxy filing

Ligand Pharmaceuticals filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Ligand Partner Travere Therapeutics Receives Full FDA Approval for FILSPARI® (sparsentan) in FSGS

FILSPARI is the first and only approved medicine for this rare kidney disorder and leading cause of kidney failure Ligand is entitled to a 9% royalty on worldwide net sales of FILSPARI JUPITER, Fla., ...

Other symbols: LGND
7 weeks ago - GlobeNewsWire

Ligand Advances Strategic Growth with Expanded and Strengthened Business Development Team

JUPITER, Fla., March 26, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced it has appointed two leading healthcare investors, Peter Renehan, MD, and Lee Brown...

Other symbols: LGND
2 months ago - GlobeNewsWire

Ligand to Participate in March Investor Conferences

JUPITER, Fla., March 04, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its senior management team will participate in the following upcoming investor...

Other symbols: LGND
3 months ago - GlobeNewsWire

Ligand Pharmaceuticals Earnings Call Transcript: Q4 2025

Delivered record 2025 results with 48% royalty revenue growth and 42% adjusted EPS increase, driven by strong commercial launches and portfolio expansion. 2026 guidance projects continued double-digit growth, supported by a robust late-stage pipeline and over $1B in deployable capital.

3 months ago - Transcripts