
Ligand Pharmaceuticals Incorporated
LGNDNASDAQHealthcareBiotechnology
Latest quote
$280.18
−$6.11 · -2.13%
After-hours
$280.18
$0.00 · 0.00%
Aug 24, 7:30 PM ET
LGND company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
74
Undervalued
Momentum
65
Gaining
Sentiment
57
Mixed
Risk resilience
73
Moderate Risk
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Company profile
Company websiteLigand Pharmaceuticals Incorporated operates as a biopharmaceutical entity, primarily engaged in sourcing and advancing technologies to empower pharmaceutical companies globally in their efforts to discover and develop novel therapeutic solutions. Its diverse portfolio of commercialized products addresses a wide range of medical conditions. For hematologic malignancies, these include Kyprolis and Evomela, both targeting multiple myeloma, as well as Rylaze, a treatment for acute lymphoblastic leukemia and lymphoblastic lymphoma in both adult and pediatric patients. In the realm of infectious diseases, Ligand offers Veklury for moderate to severe COVID-19, Vaxneuvance for preventing invasive Streptococcus pneumoniae disease, and Pneumosil, a pneumococcal conjugate vaccine designed to protect children from pneumonia. Bone health solutions comprise Teriparatide injection for osteoporosis and Duavee for postmenopausal osteoporosis. Other key offerings include Zulresso, a Captisol-enabled formulation of brexanolone for postpartum depression; Nexterone, a Captisol-enabled amiodarone; and Noxafil-IV, a Captisol-enabled posaconazole for intravenous administration. The company’s comprehensive product lineup further extends to the Aziyo portfolio, featuring pericardial repair and CanGaroo envelope extracellular matrix products; Exemptia for autoimmune disorders; Vivitra for breast cancer; Bryxta and Zybev for a variety of indications; and Minnebro for managing hypertension. Beyond its own commercialized products, Ligand Pharmaceuticals collaborates with partners on numerous programs currently undergoing clinical development, targeting conditions such as cancer, seizure disorders, diabetes, cardiovascular ailments, muscle wasting, hepatic and renal diseases, and various other serious illnesses. The company also directly supplies Captisol materials, a proprietary technology frequently integrated into many of its drug formulations. Established in 1987, Ligand Pharmaceuticals is headquartered in Emeryville, California.
- Industry
- Biotechnology
- Sector
- Healthcare
- Headquarters
- US
- CEO
- Todd C. Davis
- Listed since
- Nov 18, 1992
- Employees
- 47
Market position
Day range
Current $280.18
52-week range
Current $280.18
- Open
- $286.27
- Previous close
- $286.29
- Volume
- 158.23K
- 0.5× average
- Average volume
- 314.53K
- Average daily volume
- Market cap
- 5.62B USD
- Beta
- 0.98
- Market reference 1
- 50-day average
- $294.71
- -4.93% below average
- 200-day average
- $228.71
- +22.51% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 3.93B USD
- P/E (TTM)
- 27.99×
- P/B (TTM)
- 5.81×
- P/S (TTM)
- 19.33×
- EV / EBITDA
- 20.41×
- Earnings yield
- 3.40%
- Free cash flow yield
- 1.34%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 98.58%
- Operating margin
- 34.74%
- Net margin
- 67.88%
- Return on equity
- 12.23%
- Return on assets
- 7.97%
- Return on invested capital
- 2.42%
Financial health
- Debt / equity
- 1.17×
- Current ratio
- 22.23×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 268.09M USD | 167.13M USD | 131.31M USD | 196.25M USD | 241.54M USD |
| Cost of goods sold | 6.59M USD | 11.07M USD | 35.05M USD | 52.83M USD | 62.18M USD |
| Gross profit | 261.5M USD | 156.06M USD | 96.27M USD | 143.42M USD | 179.37M USD |
| Research and development | 81.18M USD | 21.43M USD | 24.54M USD | 36.08M USD | 32.11M USD |
| Selling, general, and administrative | 92.45M USD | 78.65M USD | 52.79M USD | 70.06M USD | 46.79M USD |
| Operating expenses | 214.3M USD | 178.67M USD | 84.32M USD | 140.38M USD | 75.52M USD |
| Interest income | 13.66M USD | 8.06M USD | 7.71M USD | 2.05M USD | 886K USD |
| Interest expense | 4.72M USD | 3.04M USD | 656K USD | 1.8M USD | 19.62M USD |
| Depreciation and amortization | 33.78M USD | 35.24M USD | 36.52M USD | 43.39M USD | 50.95M USD |
| Operating income | 47.2M USD | −22.61M USD | 11.94M USD | 3.04M USD | 103.85M USD |
| Net income | 124.45M USD | −4.03M USD | 52.15M USD | −33.36M USD | 57.14M USD |
Company facts updated Aug 25, 2026.
Earnings
- EPS beat rate
- 73%
- 8 beats, 3 misses, 0 met estimates
- Average EPS surprise
- -7.23%
- 11 comparable reports
- Latest EPS result
- 2.37
- Estimate 2.01 · Beat by 17.91%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
LGND news
LGND peers
ETFs holding LGND
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR355.93M0.32%110.76B USD0.06%$146.77-0.37%
Vanguard Morningstar Total Stock Market ETFVTI174.82M0.01%2.3T USD0.03%$377.07-0.31%
iShares Russell 2000 ETFIWM145.65M0.18%80.54B USD0.19%$297.97-0.66%
Vanguard Morningstar Small-Cap ETFVB125.89M0.07%183.4B USD0.03%$302.9-0.61%
Vanguard Morningstar Small-Cap Value ETFVBR79.93M0.12%68.3B USD0.05%$248.44-0.30%
Vanguard Extended Market ETFVXF66.41M0.07%93.7B USD0.05%$243.43-0.86%
Invesco S&P SmallCap Momentum ETFXSMO57.4M1.89%3.04B USD0.36%$85.27-0.91%
iShares S&P Small-Cap 600 Growth ETFIJT54.19M0.64%8.22B USD0.18%$173.32-0.33%
iShares Core S&P Small-Cap ETFIJR- Market value
- 355.93M
- Weight
- 0.32%
- AUM
- 110.76B USD
- Expense ratio
- 0.06%
- Price / 1D
- $146.77-0.37%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 174.82M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $377.07-0.31%
iShares Russell 2000 ETFIWM- Market value
- 145.65M
- Weight
- 0.18%
- AUM
- 80.54B USD
- Expense ratio
- 0.19%
- Price / 1D
- $297.97-0.66%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 125.89M
- Weight
- 0.07%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $302.9-0.61%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 79.93M
- Weight
- 0.12%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $248.44-0.30%
Vanguard Extended Market ETFVXF- Market value
- 66.41M
- Weight
- 0.07%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $243.43-0.86%
Invesco S&P SmallCap Momentum ETFXSMO- Market value
- 57.4M
- Weight
- 1.89%
- AUM
- 3.04B USD
- Expense ratio
- 0.36%
- Price / 1D
- $85.27-0.91%
iShares S&P Small-Cap 600 Growth ETFIJT- Market value
- 54.19M
- Weight
- 0.64%
- AUM
- 8.22B USD
- Expense ratio
- 0.18%
- Price / 1D
- $173.32-0.33%
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