Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
296.76
-0.74 (-0.25%)
Jul 28, 2026, 2:55 PM EDT - Market open

Ligand Pharmaceuticals Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Ligand Pharmaceuticals stock has a consensus rating of "Strong Buy" and an average price target of $323.3. The average 1-year stock price forecast is 8.94% higher than the current stock price, while the lowest is $247 (-16.77%) and the highest is $388 (+30.75%).

Price Target: $323.3 (+8.94%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$247$323.3$333.5$388
Change-16.77%+8.94%+12.38%+30.75%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy677777
Buy222222
Hold000000
Sell000000
Strong Sell000000
Total899999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$388
BuyMaintains$388+30.75%Jul 22, 2026
Citi
Citi
Buy
Initiates
$387
BuyInitiates$387+30.41%Jul 21, 2026
Benchmark Co.
Benchmark Co.
Buy
Maintains
$275$335
BuyMaintains$275$335+12.89%Jul 16, 2026
RBC Capital
RBC Capital
Buy
Maintains
$262$340
BuyMaintains$262$340+14.57%Jul 15, 2026
Craig-Hallum
Craig-Hallum
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
289.77M
from 268.09M
Increased by 8.09%
Revenue Next Year
375.37M
from 289.77M
Increased by 29.54%
EPS This Year
9.18
from 8.13
Increased by 12.97%
EPS Next Year
11.83
from 9.18
Increased by 28.80%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
241.54M196.25M131.31M167.13M268.09M289.77M
Revenue Growth
47.68%-18.75%-33.09%27.28%60.40%8.09%
Operating Income
66.25M3.04M9.82M23.02M47.20M145.99M
Net Income
57.14M-33.36M52.15M-4.03M124.45M94.58M
EPS
----8.139.18
EPS Growth
-----1.45%12.97%
Forward PE
298.37298.3735.0753.5835.2032.31
Free Cash Flow
37.03M136.93M46.03M100.79M87.09M144.77M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High309.7M
Avg289.8M
Low274.4M

Revenue Growth

Revenue Growth202620272028
High
15.5%
Avg
8.1%
Low
2.4%

EPS Forecast

EPS202620272028
High9.68
Avg9.18
Low8.79

EPS Growth

EPS Growth202620272028
High
19.1%
Avg
13.0%
Low
8.1%