Rigel Pharmaceuticals, Inc. (RIGL)
NASDAQ: RIGL · Real-Time Price · USD
16.04
-0.01 (-0.06%)
Oct 4, 2024, 4:00 PM EDT - Market closed

Rigel Pharmaceuticals Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for RIGL stock have an average target of 31.13, with a low estimate of 12.5 and a high estimate of 57. The average target predicts an increase of 94.08% from the current stock price of 16.04.

Analyst Consensus: Buy
Target Low Average Median High
Price $12.5 $31.13 $40 $57
Change -22.07% +94.08% +149.38% +255.36%

Analyst Ratings

The average analyst rating for RIGL stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222222
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$15
Hold Reiterates $15 -6.48% Sep 20, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$57
Strong Buy Reiterates $57 +255.36% Sep 5, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$57
Strong Buy Reiterates $57 +255.36% Sep 3, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$15$57
Strong Buy Maintains $15$57 +255.36% Aug 9, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$150
Strong Buy Reiterates $150 +835.16% Jun 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
160.08M
from 115.78M
Increased by 38.26%
Revenue Next Year
198.84M
from 160.08M
Increased by 24.21%
EPS This Year
-0.36
from -1.44
EPS Next Year
0.65
from -0.36
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
59.29M108.62M138.74M115.74M115.78M160.08M198.84M234.06M
Revenue Growth
33.20%83.21%27.72%-16.57%0.03%38.26%24.21%17.71%
EPS
-4.00-1.76-1.05-3.40-1.44-0.360.651.68
EPS Growth
-------158.14%
Forward PE
------24.709.57
No. Analysts -----888
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 173.4M 226.8M 277.4M
Avg 160.1M 198.8M 234.1M
Low 142.4M 172.7M 209.8M

Revenue Growth

Revenue Growth 20242025202620272028
High
49.7%
41.7%
39.5%
Avg
38.3%
24.2%
17.7%
Low
23.0%
7.9%
5.5%

EPS Forecast

EPS 20242025202620272028
High 0.19 1.69 3.85
Avg -0.36 0.65 1.68
Low -0.99 0.08 0.63

EPS Growth

EPS Growth 20242025202620272028
High - -
493.6%
Avg - -
158.1%
Low - -
-3.4%
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.