Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
289.80
-1.97 (-0.68%)
Aug 18, 2026, 7:38 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 $342.82. The average 1-year stock price forecast is 18.30% higher than the current stock price, while the lowest is $247 (-14.77%) and the highest is $390 (+34.58%).
Price Target: $342.82 (+18.30%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 8 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $332 | Buy | Maintains | $332 | +14.56% | Aug 14, 2026 |
| Citi | Citi | Buy Maintains $387 → $390 | Buy | Maintains | $387 → $390 | +34.58% | Aug 12, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $345 | Buy | Reiterates | $345 | +19.05% | Aug 10, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Aug 7, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $350 → $370 | Buy | Reiterates | $350 → $370 | +27.67% | Aug 7, 2026 |
Financial Forecast
Revenue This Year
289.83M
from 268.09M
Increased by 8.11%
Revenue Next Year
380.50M
from 289.83M
Increased by 31.29%
EPS This Year
9.32
from 8.13
Increased by 14.58%
EPS Next Year
11.93
from 9.32
Increased by 28.12%
EPS and Forward PE are based on non-GAAP adjusted numbers.