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NASDAQ:LGND

Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis

Ligand Pharmaceuticals logo
$288.01 -8.27 (-2.79%)
Closing price 07/29/2026 04:00 PM Eastern
Extended Trading
$287.86 -0.15 (-0.05%)
As of 07/29/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Ligand Pharmaceuticals Stock (NASDAQ:LGND)

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Key Stats

Today's Range
$287.19
$298.29
50-Day Range
$222.18
$322.61
52-Week Range
$129.55
$326.63
Volume
356,724 shs
Average Volume
326,329 shs
Market Capitalization
$5.77 billion
P/E Ratio
39.08
Dividend Yield
N/A
Price Target
$319.00
Consensus Rating
Moderate Buy

Company Overview

Ligand Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

LGND MarketRank™: 

Ligand Pharmaceuticals scored higher than 85% of companies evaluated by MarketBeat, and ranked 87th out of 832 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ligand Pharmaceuticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on no strong buy ratings, 7 buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Ligand Pharmaceuticals has a consensus price target of $319.00, representing about 10.8% upside from its current price of $288.01.

  • Amount of Analyst Coverage

    Ligand Pharmaceuticals has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ligand Pharmaceuticals' stock forecast and price target.
  • Earnings Growth

    Earnings for Ligand Pharmaceuticals are expected to grow by 92.54% in the coming year, from $4.56 to $8.78 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ligand Pharmaceuticals is 39.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ligand Pharmaceuticals is 39.08, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 27.43.

  • Price to Earnings Growth Ratio

    Ligand Pharmaceuticals has a PEG Ratio of 2.93. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ligand Pharmaceuticals has a P/B Ratio of 5.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Ligand Pharmaceuticals' valuation and earnings.
  • Percentage of Shares Shorted

    10.14% of the float of Ligand Pharmaceuticals has been sold short.
  • Short Interest Ratio / Days to Cover

    Ligand Pharmaceuticals has a short interest ratio ("days to cover") of 4.99.
  • Change versus previous month

    Short interest in Ligand Pharmaceuticals has recently decreased by 9.59%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ligand Pharmaceuticals does not currently pay a dividend.

  • Dividend Growth

    Ligand Pharmaceuticals does not have a long track record of dividend growth.

  • News Sentiment

    Ligand Pharmaceuticals has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Ligand Pharmaceuticals this week, compared to 5 articles on an average week.
  • Search Interest

    9 people have searched for LGND on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Ligand Pharmaceuticals to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ligand Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,019,252.00 in company stock.

  • Percentage Held by Insiders

    5.60% of the stock of Ligand Pharmaceuticals is held by insiders.

  • Percentage Held by Institutions

    91.28% of the stock of Ligand Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ligand Pharmaceuticals' insider trading history.
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LGND Stock News Headlines

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See More Headlines

LGND Stock Analysis - Frequently Asked Questions

Ligand Pharmaceuticals' stock was trading at $189.07 on January 1st, 2026. Since then, LGND stock has increased by 52.3% and is now trading at $288.01.

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) posted its quarterly earnings data on Thursday, May, 7th. The biotechnology company reported $1.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.84 by $0.21. The company's revenue was up 14.1% on a year-over-year basis.
Read the conference call transcript
.

Top institutional shareholders of Ligand Pharmaceuticals include Moody National Bank Trust Division (0.06%), Handelsbanken Fonder AB (0.05%), City Center Advisors LLC (0.01%) and Balefire LLC (0.01%). Insiders that own company stock include Todd C Davis, Matthew E Korenberg, John W Kozarich, Andrew Reardon, Stephen L Sabba, John L Lamattina, Octavio Espinoza and Nancy Ryan Gray.
View institutional ownership trends
.

Shares of LGND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ligand Pharmaceuticals investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
5/07/2026
Today
7/29/2026
Next Earnings (Estimated)
8/06/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
MED - BIOMED/GENE
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:LGND
CIK
886163
Employees
80
Year Founded
1987

Price Target and Rating

High Price Target
$388.00
Low Price Target
$220.00
Potential Upside/Downside
+10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$7.37
Trailing P/E Ratio
39.08
Forward P/E Ratio
63.16
P/E Growth
2.93
Net Income
$124.45 million
Net Margins
55.95%
Pretax Margin
67.36%
Return on Equity
16.19%
Return on Assets
11.13%

Debt

Debt-to-Equity Ratio
0.45
Current Ratio
21.28
Quick Ratio
20.95

Sales & Book Value

Annual Sales
$268.09 million
Price / Sales
21.53
Cash Flow
$7.63 per share
Price / Cash Flow
37.73
Book Value
$51.68 per share
Price / Book
5.57

Miscellaneous

Outstanding Shares
20,040,000
Free Float
18,919,000
Market Cap
$5.77 billion
Optionable
Optionable
Beta
1.10

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This page (NASDAQ:LGND) was last updated on 7/30/2026 by MarketBeat.com Staff.
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