Ligand Pharmaceuticals Incorporated (LGND)

NASDAQ: LGND · Real-Time Price · USD
206.27
-2.68 (-1.28%)
At close: Mar 5, 2026, 4:00 PM EST
205.00
-1.27 (-0.62%)
After-hours: Mar 5, 2026, 4:10 PM EST
-1.28%
Market Cap 4.11B
Revenue (ttm) 268.09M
Net Income (ttm) 124.45M
Shares Out 19.94M
EPS (ttm) 6.13
PE Ratio 33.65
Forward PE 38.22
Dividend n/a
Ex-Dividend Date n/a
Volume 260,155
Open 206.43
Previous Close 208.95
Day's Range 199.00 - 208.87
52-Week Range 93.58 - 212.49
Beta 1.04
Analysts Strong Buy
Price Target 245.17 (+18.86%)
Earnings Date Feb 26, 2026

About LGND

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma. The company also provides Teriparatide injection product for osteopor... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Nov 18, 1992
Employees 68
Stock Exchange NASDAQ
Ticker Symbol LGND
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for LGND stock is "Strong Buy." The 12-month stock price target is $245.17, which is an increase of 18.86% from the latest price.

Price Target
$245.17
(18.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ligand to Participate in March Investor Conferences

JUPITER, Fla., March 04, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its senior management team will participate in the following upcoming investor...

1 day ago - GlobeNewsWire

Ligand Pharmaceuticals Incorporated (LGND) Q4 2025 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated (LGND) Q4 2025 Earnings Call Transcript

7 days ago - Seeking Alpha

Ligand Reports Fourth Quarter and Full Year 2025 Financial Results

Robust financial performance driven by full year 2025 royalty revenue growth of  48% Reiterating 2026 financial guidance of $245-$285 million in revenues and adjusted earnings per diluted share 1 of $...

7 days ago - GlobeNewsWire

Ligand to Report Fourth Quarter and Full Year 2025 Financial Results on February 26, 2026

JUPITER, Fla., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report fourth quarter and full year 2025 financial results on Thursday,...

21 days ago - GlobeNewsWire

Ligand to Present at the Oppenheimer 36th Annual Healthcare Life Sciences Conference

JUPITER, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza wi...

4 weeks ago - GlobeNewsWire

Ligand Pharmaceuticals Incorporated (LGND) Analyst/Investor Day Transcript

Ligand Pharmaceuticals Incorporated (LGND) Analyst/Investor Day Transcript

3 months ago - Seeking Alpha

Ligand Hosts 2025 Investor Day and Introduces 2026 Guidance

Introduces 2026 full year revenue guidance of $245 million to $285 million, an approximately 15% increase in core revenue growth over 2025, royalty revenue of $200 to $225 million, a 40% increase over...

3 months ago - GlobeNewsWire

Ligand Pharmaceuticals: Superb Q3/2025 With Second Guidance Raise Heralds Good Things To Come

Ligand Pharmaceuticals (LGND) continues to deliver strong returns, with shares up approximately 74% since my last 'Buy' rating in June 2025. LGND's attractive royalty-based business model remains a ke...

4 months ago - Seeking Alpha

Ligand Pharmaceuticals Incorporated (LGND) Q3 2025 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated ( LGND) Q3 2025 Earnings Call November 6, 2025 8:30 AM EST Company Participants Melanie Herman Todd Davis - CEO & Director Lauren Hay Octavio Espinoza - Chief Fina...

4 months ago - Seeking Alpha

Ligand Reports Third Quarter 2025 Financial Results and Raises Guidance

Third quarter performance driven by strong portfolio royalty revenue growth of  47% 2025 full year revenue guidance increased to $225 million - $235 million (previously $200 million - $225 million) an...

4 months ago - GlobeNewsWire

Ligand to Participate in November Investor Conferences

JUPITER, Fla., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza wi...

4 months ago - GlobeNewsWire

Impax Small Cap Fund Q3 2025 Contributors And Detractors

Ligand Pharmaceuticals (LGND) (Health Care, Pharmaceuticals) shares rose after announcing adjusted earnings per share that came in ahead of consensus. Acadian Asset Management (AAMI) (Financials, Asse...

Other symbols: AAMICIENHCATINSPSIBN
4 months ago - Seeking Alpha

Ligand to Report Third Quarter 2025 Financial Results on November 6, 2025

JUPITER, Fla., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report third quarter 2025 financial results on Thursday, November 6, 20...

4 months ago - GlobeNewsWire

Ligand to Host Investor Day on December 9, 2025

JUPITER, Fla., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its annual Investor Day will take place in New York City on Tuesday, December 9...

5 months ago - GlobeNewsWire

Ligand Partner SQ Innovation Receives FDA Approval for Lasix® ONYU, an At-Home Treatment for Edema in Heart Failure Patients

Second-generation delivery device offers cost-effective alternative to hospital care benefiting patients, providers, and payors Lasix ONYU is the 17 th Captisol-enabled™ approved product JUPITER, Fla....

5 months ago - GlobeNewsWire

Arecor announces Co-development Agreement with US Insulin Pump Device Company for AT278 & Sale of Royalty Rights and Technology Access Fees for AT220 and AT292

This announcement contains inside information for the purposes of the retained UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").   Arecor Therapeutics plc (“Arecor” or the “Compan...

5 months ago - GlobeNewsWire

Ligand to Participate in September Investor Conferences

JUPITER, Fla., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza wi...

7 months ago - GlobeNewsWire

Ligand Announces Closing of Convertible Senior Notes Offering

JUPITER, Fla., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) (“Ligand”) announced today that it completed its previously announced offering (the “offering”) of 0...

7 months ago - GlobeNewsWire

Ligand Announces Pricing of $400 Million Convertible Senior Notes Offering

JUPITER, Fla., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) (“Ligand”) announced today the pricing of $400.0 million aggregate principal amount of 0.75% convert...

7 months ago - GlobeNewsWire

Ligand Announces Proposed Offering of $400 Million of Convertible Senior Notes Due 2030

JUPITER, Fla., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) (“Ligand”) announced today its intention to offer $400.0 million aggregate principal amount of conve...

7 months ago - GlobeNewsWire

Ligand Pharmaceuticals Incorporated (LGND) Q2 2025 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Lauren Hay - Corporate Participant Melanie Herman - Corporate Partici...

7 months ago - Seeking Alpha

Ligand Reports Second Quarter 2025 Financial Results and Raises Guidance

Second quarter performance driven by strong portfolio royalty revenue growth of 57% 2025 full year revenue guidance increased to $200 million - $225 million (previously $180 million - $200 million) an...

7 months ago - GlobeNewsWire

Ligand and Medtronic Commit $70 Million in Strategic Capital to Orchestra BioMed

• Ligand to invest $35 million in exchange for a tiered royalty on future sales of Orchestra's AVIM therapy and Virtue SAB and an additional $5 million in an equity private placement  • Medtronic to i...

Other symbols: MDTOBIO
7 months ago - GlobeNewsWire

Ligand to Report Second Quarter 2025 Financial Results on August 7, 2025

JUPITER, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report second quarter 2025 financial results on Thursday, August 7, 202...

8 months ago - GlobeNewsWire

Ligand Partner Pelthos Therapeutics Launches ZELSUVMI™

JUPITER, Fla., July 10, 2025 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its partner Pelthos Therapeutics Inc. (NYSE American: PTHS) has commercially la...

8 months ago - GlobeNewsWire