Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
203.82
+4.31 (2.16%)
At close: Jan 22, 2026, 4:00 PM EST
203.89
+0.07 (0.03%)
After-hours: Jan 22, 2026, 5:53 PM EST

Ligand Pharmaceuticals Stock Forecast

Stock Price Forecast

The 6 analysts that cover Ligand Pharmaceuticals stock have a consensus rating of "Strong Buy" and an average price target of $243.5, which forecasts a 19.47% increase in the stock price over the next year. The lowest target is $220 and the highest is $275.

Price Target: $243.5 (+19.47%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$220$243.5$235$275
Change+7.94%+19.47%+15.30%+34.92%
* Price targets were last updated on Dec 10, 2025.

Analyst Ratings

The average analyst rating for Ligand Pharmaceuticals stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingAug '25Sep '25Oct '25Nov '25Dec '25Jan '26
Strong Buy333344
Buy444332
Hold000000
Sell000000
Strong Sell000000
Total777676

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Buy
Maintains
$234$235
BuyMaintains$234$235+15.30%Dec 10, 2025
Stifel
Stifel
Strong Buy
Maintains
$220$230
Strong BuyMaintains$220$230+12.84%Dec 10, 2025
Citigroup
Citigroup
Strong Buy
Initiates
$270
Strong BuyInitiates$270+32.47%Dec 9, 2025
RBC Capital
RBC Capital
Buy
Maintains
$185$234
BuyMaintains$185$234+14.81%Nov 10, 2025
Oppenheimer
Oppenheimer
Buy
Maintains
$250$275
BuyMaintains$250$275+34.92%Nov 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
246.87M
from 167.13M
Increased by 47.71%
Revenue Next Year
270.99M
from 246.87M
Increased by 9.77%
EPS This Year
7.73
from -0.22
EPS Next Year
8.46
from 7.73
Increased by 9.41%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
163.56M241.54M196.25M131.31M167.13M246.87M270.99M
Revenue Growth
35.98%47.68%-18.75%-33.09%27.28%47.71%9.77%
EPS
-0.183.32-1.982.94-0.227.738.46
EPS Growth
------9.41%
Forward PE
-----26.3624.09
No. Analysts
-----1111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027202820292030
High276.8M291.9M
Avg246.9M271.0M
Low226.5M252.8M

Revenue Growth

Revenue Growth202520262027202820292030
High
65.6%
18.2%
Avg
47.7%
9.8%
Low
35.5%
2.4%

EPS Forecast

EPS202520262027202820292030
High8.069.31
Avg7.738.46
Low7.337.29

EPS Growth

EPS Growth202520262027202820292030
High-
20.5%
Avg-
9.4%
Low-
-5.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.