LGND Stock - Ligand Pharmaceuticals Incorporated
Unlock GoAI Insights for LGND
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $167.13M | $131.31M | $196.25M | $241.54M | $163.56M |
| Gross Profit | $156.06M | $96.27M | $143.42M | $179.37M | $133.14M |
| Gross Margin | 93.4% | 73.3% | 73.1% | 74.3% | 81.4% |
| Operating Income | $-22,606,000 | $11.94M | $3.04M | $103.85M | $37.50M |
| Net Income | $-4,032,000 | $52.15M | $-33,361,000 | $57.14M | $-2,985,000 |
| Net Margin | -2.4% | 39.7% | -17.0% | 23.7% | -1.8% |
| EPS | $-0.22 | $3.02 | $-1.98 | $3.46 | $-0.18 |
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing or acquiring technologies that help pharmaceutical companies to discover and develop medicines worldwide. Its commercial programs include Kyprolis and Evomela, which are used to treat multiple myeloma; Veklury for the treatment of moderate or severe COVID-19; Teriparatide injection product for osteoporosis; Vaxneuvance for the prevention of invasive disease caused by Streptococcus pneumoniae; and Pneumosil, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia among children. The company also offers Rylaze, a recombinant erwinia asparaginase for the treatment of acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; and Nexterone, a captisol-enabled formulation of amiodarone; and Zulresso, a captisol-enabled formulation of brexanolone for the treatment of postpartum depression. In addition, it provides Noxafil-IV, a captisol-enabled formulation of posaconazole for IV use; Duavee for the treatment of postmenopausal osteoporosis; Aziyo portfolio of commercial pericardial repair and CanGaroo envelope extracellular matrix products; Exemptia for autoimmune diseases; Vivitra for breast cancer; Bryxta and Zybev for various indications; and Minnebro for the treatment of hypertension. The company's partners and licenses programs, which are in clinical development used for the treatment of cancer, seizure, diabetes, cardiovascular disease, muscle wasting, liver and kidney disease, and other diseases. Further, it sells Captisol materials. The company was incorporated in 1987 and is headquartered in Emeryville, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 9th 2025 | Citigroup | Initiation | Buy | $270 |
| April 10th 2025 | Stifel | Initiation | Buy | $143 |
| October 3rd 2024 | Oppenheimer | Initiation | Outperform | $135 |
| July 30th 2024 | RBC Capital Mkts | Initiation | Outperform | $130 |
Earnings History & Surprises
LGNDEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $1.46 | — | — | — |
Q4 2025 | Nov 6, 2025 | $1.97 | $3.09 | +56.9% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $1.54 | $1.60 | +3.9% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $1.30 | $1.33 | +2.3% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $1.37 | $-1.64 | -219.7% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $0.75 | $-0.39 | -152.0% | ✗ MISS |
Q3 2024 | Aug 6, 2024 | $1.10 | $1.40 | +27.3% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $1.13 | $1.20 | +6.2% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $0.58 | $1.05 | +81.0% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.68 | $1.02 | +50.0% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.76 | $1.42 | +86.8% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.89 | $2.28 | +156.2% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $1.23 | $1.36 | +10.6% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $0.45 | $0.41 | -8.9% | ✗ MISS |
Q3 2022 | Aug 8, 2022 | $0.54 | $0.34 | -37.0% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.61 | $0.58 | -4.9% | ✗ MISS |
Q1 2022 | Feb 17, 2022 | $1.38 | $1.80 | +30.4% | ✓ BEAT |
Q4 2021 | Nov 9, 2021 | $1.02 | $1.58 | +54.9% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $1.36 | $1.63 | +19.9% | ✓ BEAT |
Latest News
RBC Capital Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $235
📈 PositiveStifel Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $230
📈 PositiveCitigroup Initiates Coverage On Ligand Pharmaceuticals with Buy Rating, Announces Price Target of $270
📈 PositiveReported Earlier: Ligand Updates 5-Year Outlook: Long–Term Royalty Receipts Expected To Deliver At Least A 23% CAGR; Existing Commercial Programs And Late-Stage Pipeline Support Royalty Revenue CAGR Of 20%
📈 PositiveReported Earlier: Ligand Projects 2026 Revenue Of $245M-$285M, Core Adj. EPS $8.00–$9.002
📈 PositiveReported Earlier: Ligand Reaffirms 2025 Guidance: Sees Core Revenue $225M-$235M, Core Adj. EPS Of $7.40–$7.65
📈 PositiveEledon Pharmaceuticals Data From First Six Participants Of Investigator-Initiated Study Of Anti-CD40 Ligand Demonstrates Marked Improvements In Glycemic Control
📈 PositiveRBC Capital Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $234
📈 PositiveBenchmark Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $220
📈 PositiveHC Wainwright & Co. Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $231
📈 PositiveLigand Pharmaceuticals shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY25 guidance above estimates.
📈 PositiveLigand Pharmaceuticals Raises FY2025 Adj EPS Guidance from $6.70-$7.00 to $7.40-$7.65 vs $6.87 Est; Raises FY2025 Sales Guidance from $200M-$225M to $225M-$235M vs $214.981M Est
📈 PositiveLigand Pharmaceuticals Q3 Adj. EPS $3.09 Beats $1.92 Estimate, Sales $115.461M Beat $58.795M Estimate
📈 PositiveOppenheimer Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $250
📈 PositiveLigand's Captisol Technology Powers New FDA-Approved Lasix ONYU for At-Home Edema Treatment in Heart Failure Patients
📈 PositiveArecor And Ligand Pharmaceuticals Sign Royalty And Technology Access Deal For AT220 And AT292 Worth Up To $11M
📈 PositiveOppenheimer Maintains Outperform on Ligand Pharmaceuticals, Raises Price Target to $190
📈 PositiveBenchmark Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $175
📈 PositiveHC Wainwright & Co. Maintains Buy on Ligand Pharmaceuticals, Raises Price Target to $206
📈 PositiveLigand Pharmaceuticals to offer $400M convertible senior notes in private placement
➖ NeutralFrequently Asked Questions about LGND
What is LGND's current stock price?
What is the analyst price target for LGND?
What sector is Ligand Pharmaceuticals Incorporated in?
What is LGND's market cap?
Does LGND pay dividends?
Similar Stocks
Healthcare SectorExplore stocks similar to LGND for comparison