Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
308.13
-5.97 (-1.90%)
Sep 29, 2026, 10:43 AM EDT - Market open

Ligand Pharmaceuticals Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Ligand Pharmaceuticals stock has a consensus rating of "Strong Buy" and an average price target of $344.18. The average 1-year stock price forecast is 11.70% higher than the current stock price, while the lowest is $247 (-19.84%) and the highest is $397 (+28.84%).

Price Target: $344.18 (+11.70%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$247$344.18$345$397
Change-19.84%+11.70%+11.97%+28.84%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy777778
Buy222222
Hold000000
Sell000000
Strong Sell000000
Total9999910

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Maintains
$345
BuyMaintains$345+11.97%Sep 25, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Maintains
$358
BuyMaintains$358+16.18%Sep 24, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 23, 2026
Citi
Citi
Buy
Maintains
$390 → $397
BuyMaintains$390 → $397+28.84%Sep 23, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$388
BuyMaintains$388+25.92%Sep 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
289.64M
from 268.09M
Increased by 8.04%
Revenue Next Year
381.49M
from 289.64M
Increased by 31.71%
EPS This Year
9.31
from 8.13
Increased by 14.46%
EPS Next Year
11.95
from 9.31
Increased by 28.42%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
241.54M196.25M131.31M167.13M268.09M289.64M
Revenue Growth
47.68%-18.75%-33.09%27.28%60.40%8.04%
Operating Income
66.25M3.04M9.82M23.02M47.20M121.48M
Net Income
57.14M-33.36M52.15M-4.03M124.45M111.60M
EPS
----8.139.31
EPS Growth
-----1.45%14.46%
Forward PE
298.37298.3735.0753.5835.2033.11
Free Cash Flow
----48.91M134.61M
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High306.5M
Avg289.6M
Low277.8M

Revenue Growth

Revenue Growth202620272028
High
14.3%
Avg
8.0%
Low
3.6%

EPS Forecast

EPS202620272028
High9.50
Avg9.31
Low9.09

EPS Growth

EPS Growth202620272028
High
16.9%
Avg
14.5%
Low
11.8%