Rigel Pharmaceuticals, Inc. (RIGL)

NASDAQ: RIGL · IEX Real-Time Price · USD
8.42
+0.01 (0.12%)
At close: Jul 2, 2024, 4:00 PM
8.18
-0.24 (-2.85%)
After-hours: Jul 2, 2024, 6:28 PM EDT
0.12%
Market Cap 147.84M
Revenue (ttm) 120.35M
Net Income (ttm) -19.80M
Shares Out 17.56M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 140,679
Open 8.27
Previous Close 8.41
Day's Range 8.12 - 8.47
52-Week Range 7.12 - 17.30
Beta 1.04
Analysts Buy
Price Target 5.81 (-31.0%)
Earnings Date Jul 30, 2024

About RIGL

Rigel Pharmaceuticals, Inc., a biotechnology company, engages in discovering, developing, and providing therapies that enhance the lives of patients with hematologic disorders and cancer. The company's commercialized products include Tavalisse, an oral spleen tyrosine kinase inhibitor for the treatment of adult patients with chronic immune thrombocytopenia; Rezlidhia, a non-intensive monotherapy for the treatment of adult patients with relapsed or refractory (R/R) acute myeloid leukemia (AML) with a susceptible isocitrate dehydrogenase-1 (IDH1)... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Nov 29, 2000
Employees 147
Stock Exchange NASDAQ
Ticker Symbol RIGL
Full Company Profile

Financial Performance

In 2023, RIGL's revenue was $116.88 million, a decrease of -2.79% compared to the previous year's $120.24 million. Losses were -$25.09 million, -57.16% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for RIGL stock is "Buy." The 12-month stock price forecast is $5.81, which is a decrease of -31.00% from the latest price.

Price Target
$5.81
(-31.00% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Optime Care Announces Enhanced Partnership with Rigel Pharmaceuticals for GAVRETO® Patients

ST. LOUIS--(BUSINESS WIRE)--Optime Care, a nationally recognized specialty pharmacy and an AscellaHealth Company, today announces a contractual partnership with Rigel Pharmaceuticals, Inc., effective ...

5 days ago - Business Wire

Rigel Announces Reverse Stock Split

SOUTH SAN FRANCISCO, Calif. , June 25, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will effect a reverse stock split of its issued and outstanding shares of...

7 days ago - PRNewsWire

Rigel Pharmaceuticals Completes Transfer of GAVRETO® (pralsetinib) New Drug Application

GAVRETO will be available from Rigel in the U.S. beginning June 27, 2024 SOUTH SAN FRANCISCO, Calif. , June 24, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. ("Rigel") (Nasdaq: RIGL) today announce...

8 days ago - PRNewsWire

Rigel Announces Five Presentations at the EHA2024 Hybrid Congress

-     Oral presentation highlighting final five-year efficacy data from the registrational Phase 2 trial of REZLIDHIA® (olutasidenib) in heavily pretreated patients with R/R mIDH1 AML , including thos...

18 days ago - PRNewsWire

Rigel Highlights New Data in Three Poster Presentations at the 2024 ASCO Annual Meeting

-       Long-term efficacy data from the registrational Phase 2 trial of REZLIDHIA ®  (olutasidenib) in heavily pretreated patients with R/R mIDH1 AML, including those receiving prior venetoclax -    ...

4 weeks ago - PRNewsWire

Rigel to Present at the Jefferies Global Healthcare Conference

SOUTH SAN FRANCISCO, Calif. , May 30, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that Raul Rodriguez, the company's president and CEO, will present a company overv...

4 weeks ago - PRNewsWire

Rigel Announces Presentations at the Upcoming 2024 ASCO Annual Meeting and EHA2024 Hybrid Congress

Oral presentation of f inal five-year results from the registrational Phase 2 trial in R/R mIDH1 AML patients reinforces REZLIDHIA® (olutasidenib) efficacy in heavily pretreated patients, including th...

5 weeks ago - PRNewsWire

Rigel Reports First Quarter 2024 Financial Results and Provides Business Update

First quarter 2024 total revenue of $29.5 million, which includes TAVALISSE® net product sales of $21.1 million and REZLIDHIA ®  net product sales of $4.9 million Expanded Rigel's portfolio with acqui...

2 months ago - PRNewsWire

Rigel Announces Conference Call and Webcast to Report First Quarter 2024 Financial Results and Business Update

SOUTH SAN FRANCISCO, Calif. , April 30, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its first quarter 2024 financial results after market close ...

2 months ago - PRNewsWire

Rigel Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

SOUTH SAN FRANCISCO, Calif. , April 10, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. ("Rigel") (Nasdaq: RIGL) today announced that it has granted awards pursuant to Rigel's Inducement Plan, approv...

2 months ago - PRNewsWire

Rigel Announces Publication of Data on REZLIDHIA® (Olutasidenib) in Post-Venetoclax Patients with Mutant IDH1 AML in Leukemia & Lymphoma

Olutasidenib induced durable composite complete remission in 43.8% of patients relapsed or refractory to prior venetoclax-based regimens Safety was consistent with the overall profile of olutasidenib ...

3 months ago - PRNewsWire

Rigel Pharmaceuticals Announces Appointment of Lisa Rojkjaer, M.D. as Chief Medical Officer

SOUTH SAN FRANCISCO, Calif. , March 12, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced the appointment of Lisa Rojkjaer, M.D.

4 months ago - PRNewsWire

Rigel Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Fourth quarter 2023 Total Revenue of $35.8 million which includes TAVALISSE® net product sales of $25.7 million and REZLIDHIA ® net product sales of $3.9 million Expanded product portfolio with acquis...

4 months ago - PRNewsWire

Rigel Announces Conference Call and Webcast to Report Fourth Quarter and Full Year 2023 Financial Results and Business Update

SOUTH SAN FRANCISCO, Calif. , Feb. 27, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its fourth quarter and full year 2023 financial results after...

4 months ago - PRNewsWire

Rigel Pharmaceuticals Acquires U.S. Rights to GAVRETO®

GAVRETO® (pralsetinib) is an FDA approved targeted therapy for the treatment of RET fusion-positive metastatic non-small cell lung cancer and advanced or metastatic thyroid cancer Acquisition of estab...

4 months ago - PRNewsWire

Rigel Pharmaceuticals Provides Business Update

Preliminary fourth quarter 2023 total revenue of approximately $35.7 million which includes record TAVALISSE® net product sales of $25.7 million and REZLIDHIA® net product sales of $3.9 million Strate...

6 months ago - PRNewsWire

Rigel Announces Collaboration with CONNECT to Conduct a Phase 2 Trial of Olutasidenib in Glioma

SOUTH SAN FRANCISCO, Calif. , Jan. 4, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced a collaboration with CONNECT, an international collaborative network of pediatric ...

6 months ago - PRNewsWire

Rigel to Present at the 42nd Annual J.P. Morgan Healthcare Conference

SOUTH SAN FRANCISCO, Calif. , Jan. 3, 2024 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that Raul Rodriguez, the company's president and CEO, will present a company overv...

6 months ago - PRNewsWire

Rigel Pharmaceuticals and MD Anderson Announce Strategic Alliance to Advance REZLIDHIA® (Olutasidenib) in AML and Other Cancers

SOUTH SAN FRANCISCO, Calif. and HOUSTON , Dec. 8, 2023 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) and The University of Texas MD Anderson Cancer Center (MD Anderson) today announced a ...

7 months ago - PRNewsWire

Rigel Reports Third Quarter 2023 Financial Results and Provides Business Update

Third quarter 2023 Total Revenue of $28.1 million which includes record TAVALISSE® net product sales of $24.5 million and REZLIDHIA® net product sales of $2.7 million New data on olutasidenib in mIDH1...

8 months ago - PRNewsWire

Rigel to Present at the Jefferies London Healthcare Conference

SOUTH SAN FRANCISCO, Calif. , Nov. 6, 2023 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that Dean Schorno, the company's chief financial officer, will present a company o...

8 months ago - PRNewsWire

Rigel Announces Poster Presentations at the 65th American Society of Hematology Annual Meeting and Exposition

-- Growing body of data on REZLIDHIA® (olutasidenib) in mIDH1 relapsed or refractory (R/R) acute myeloid leukemia (AML) patients -- -- New data on olutasidenib in patients with mIDH1 myelodysplastic s...

8 months ago - PRNewsWire

Rigel Announces Conference Call and Webcast to Report Third Quarter 2023 Financial Results and Business Update

SOUTH SAN FRANCISCO, Calif. , Oct. 31, 2023 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its third quarter 2023 financial results after market close o...

8 months ago - PRNewsWire

Rigel Announces Presentation at the Upcoming IDWeek 2023

-- Provides Update on ACTIV-4 Host Tissue Trial -- SOUTH SAN FRANCISCO, Calif. , Oct. 11, 2023 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced an upcoming oral presentation ...

9 months ago - PRNewsWire

Rigel to Present at the 2023 Cantor Global Healthcare Conference

SOUTH SAN FRANCISCO, Calif. , Sept. 20, 2023 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that Dean Schorno, the company's chief financial officer, will present a company...

10 months ago - PRNewsWire