Rigel Pharmaceuticals, Inc. (RIGL)
NASDAQ: RIGL · Real-Time Price · USD
19.84
+0.10 (0.48%)
At close: May 16, 2025, 4:00 PM
20.12
+0.29 (1.44%)
After-hours: May 16, 2025, 5:40 PM EDT

Rigel Pharmaceuticals Stock Forecast

Stock Price Forecast

According to 5 professional analysts, the 12-month price target for Rigel Pharmaceuticals stock ranges from a low of $23 to a high of $57. The average analyst price target of $36.4 forecasts a 83.51% increase in the stock price over the next year.

Price Target: $36.40 (+83.51%)
Analyst Consensus: Buy
Target Low Average Median High
Price $23 $36.4 $24 $57
Change +15.96% +83.51% +21.00% +187.37%

Analyst Ratings

The average analyst rating for Rigel Pharmaceuticals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 222222
Buy 000000
Hold 333333
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$20$23
Hold Maintains $20$23 +15.96% May 7, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$49$55
Strong Buy Maintains $49$55 +177.29% Mar 6, 2025
B. Riley Securities
B. Riley Securities
Hold
Maintains
$20$24
Hold Maintains $20$24 +21.00% Mar 5, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$57
Strong Buy Reiterates $57 +187.37% Mar 5, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$57
Strong Buy Reiterates $57 +187.37% Jan 23, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
223.12M
from 179.28M
Increased by 24.45%
Revenue Next Year
239.26M
from 223.12M
Increased by 7.23%
EPS This Year
1.06
from 0.99
Increased by 7.07%
EPS Next Year
1.76
from 1.06
Increased by 66.44%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
108.62M138.74M115.74M115.88M179.28M223.12M239.26M268.54M
Revenue Growth
83.21%27.73%-16.57%0.12%54.71%24.45%7.23%12.24%
EPS
-1.76-1.05-3.44-1.440.991.061.763.51
EPS Growth
-----7.07%66.44%99.22%
Forward PE
-----18.7111.245.64
No. Analysts
-----887
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 261.5M 273.5M 294.0M
Avg 223.1M 239.3M 268.5M
Low 185.0M 217.2M 245.6M

Revenue Growth

Revenue Growth 20252026202720282029
High
45.9%
22.6%
22.9%
Avg
24.5%
7.2%
12.2%
Low
3.2%
-2.7%
2.7%

EPS Forecast

EPS 20252026202720282029
High 1.39 3.45 6.03
Avg 1.06 1.76 3.51
Low 0.69 0.66 1.13

EPS Growth

EPS Growth 20252026202720282029
High
40.0%
225.8%
241.7%
Avg
7.1%
66.4%
99.2%
Low
-30.7%
-38.1%
-36.1%
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.