NASDAQ:LGND Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis $316.24 -6.37 (-1.97%) Closing price 07/10/2026 04:00 PM EasternExtended Trading$323.10 +6.86 (+2.17%) As of 07/10/2026 06:29 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFDA EventsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Ligand Pharmaceuticals Stock (NASDAQ:LGND) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Ligand Pharmaceuticals alerts:Sign Up Key Stats Today's Range$310.67▼$322.8150-Day Range$207.78▼$322.6152-Week Range$120.68▼$326.63Volume148,573 shsAverage Volume559,107 shsMarket Capitalization$6.34 billionP/E Ratio42.91Dividend YieldN/APrice Target$292.86Consensus RatingModerate Buy Company Overview Ligand Pharmaceuticals, Inc. is a biopharmaceutical company that acquires, develops and out-licenses proprietary technologies designed to help pharmaceutical and biotechnology companies discover and develop novel medicines. Operating primarily through its research services and royalty-generating businesses, Ligand focuses on building a diversified portfolio of technology platforms and partnering with industry leaders to advance therapeutic candidates across multiple disease areas. The company’s product offerings center around several core platforms. Captisol® is a chemically modified cyclodextrin used to improve the solubility, stability and delivery of small-molecule drug candidates. Ligand’s research services portfolio includes antibody discovery and optimization through its OmniAb™ platform, as well as absorption, distribution, metabolism and excretion (ADME) testing services provided by its Cyprotex and Absorption Systems subsidiaries. Together, these technologies and services support early- and late-stage drug development programs for a broad range of partners worldwide. Founded in 1987 and headquartered in San Diego, California, Ligand has grown through strategic acquisitions and collaborations, establishing a global footprint that spans North America, Europe and Asia. The company’s leadership team is led by President and Chief Executive Officer John L. Higgins, whose experience in drug development and corporate transactions has guided Ligand’s transformation into a technology-focused partner for the biopharmaceutical industry. Ligand continues to seek new alliances and in-licensing opportunities aimed at expanding its platform capabilities and royalty revenue streams.AI Generated. May Contain Errors. Read More Ligand Pharmaceuticals Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks63rd Percentile Overall ScoreLGND MarketRank™: Ligand Pharmaceuticals scored higher than 63% of companies evaluated by MarketBeat, and ranked 447th out of 852 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingLigand 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.Downside RiskLigand Pharmaceuticals has a consensus price target of $292.86, representing about 7.4% downside from its current price of $316.24.Amount of Analyst CoverageLigand 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 and Valuation2.5 / 5Proj. Earnings Growth92.54% Earnings GrowthEarnings 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 MarketThe P/E ratio of Ligand Pharmaceuticals is 42.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Ligand Pharmaceuticals is 42.91, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 27.42.Price to Earnings Growth RatioLigand Pharmaceuticals has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLigand Pharmaceuticals has a P/B Ratio of 6.12. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted11.38% of the float of Ligand Pharmaceuticals has been sold short.Short Interest Ratio / Days to CoverLigand Pharmaceuticals has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ligand Pharmaceuticals has recently increased by 25.56%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldLigand Pharmaceuticals does not currently pay a dividend.Dividend GrowthLigand Pharmaceuticals does not have a long track record of dividend growth. News and Social Media3.8 / 5News Sentiment1.02 News SentimentLigand Pharmaceuticals has a news sentiment score of 1.02. 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 0.88 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Ligand Pharmaceuticals this week, compared to 5 articles on an average week.Search InterestOnly 7 people have searched for LGND on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows6 people have added Ligand Pharmaceuticals to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders7.00% of the stock of Ligand Pharmaceuticals is held by insiders.Percentage Held by Institutions91.28% 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. Receive LGND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ligand Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. LGND Stock News HeadlinesAnalysts Offer Insights on Healthcare Companies: Ligand Pharma (LGND), Mesoblast Limited (OtherMEOBF) and Cogstate Ltd (OtherCOGZF)July 9 at 8:49 PM | theglobeandmail.comStifel Nicolaus Issues Positive Forecast for Ligand Pharmaceuticals (NASDAQ:LGND) Stock PriceJuly 9 at 3:18 AM | americanbankingnews.comTrump's gold order: the announcement they won't put on the front pageOn August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no debate, no vote, one executive order. Gold tripled within three years and climbed 20x over the following decade. Trump holds that same executive authority today, and his advisors are openly saying a reversal is on the table. There are two ways this plays out - both move gold in the same direction. A free briefing breaks down exactly what Nixon did, why Trump is positioned to act, and how to move your 401k into gold before any announcement - tax free. | Reagan Gold Group (Ad)Ligand Pharmaceuticals (NASDAQ:LGND) Insider Andrew Reardon Sells 5,000 SharesJuly 7, 2026 | insidertrades.comLigand Pharmaceuticals: The Bull Case Is A Biotech ARM, The Bear Case Is Just Another Royalty TrustJune 30, 2026 | seekingalpha.comLigand Pharmaceuticals (NASDAQ:LGND) Director Stephen Sabba Sells 2,145 Shares of StockJune 19, 2026 | insidertrades.comLigand Pharmaceuticals (NASDAQ:LGND) Director Sells $1,651,302.38 in StockJune 16, 2026 | insidertrades.comInsider Selling: Ligand Pharmaceuticals (NASDAQ:LGND) Director Sells 500 Shares of StockJune 13, 2026 | insidertrades.comSee More Headlines LGND Stock Analysis - Frequently Asked Questions How have LGND shares performed this year? Ligand Pharmaceuticals' stock was trading at $189.07 at the beginning of 2026. Since then, LGND stock has increased by 67.3% and is now trading at $316.24. How were Ligand Pharmaceuticals' earnings last quarter? Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) posted its quarterly earnings data on Thursday, May, 7th. The biotechnology company reported $1.63 EPS for the quarter, missing analysts' consensus estimates of $1.84 by $0.21. The company's quarterly revenue was up 14.1% on a year-over-year basis. Read the conference call transcript. Who are Ligand Pharmaceuticals' major shareholders? Top institutional investors 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. How do I buy shares of Ligand Pharmaceuticals? 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. What other stocks do shareholders of Ligand Pharmaceuticals own? 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 Earnings5/07/2026Today7/12/2026Next Earnings (Estimated)8/06/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (13m+) 1-Year History Jul 25 Oct 25 Jan 26 Apr 26 Jul 26 LGND's financial health is in the Green zone, according to TradeSmith. LGND has been in this zone for over 13 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry MED - BIOMED/GENE Sub-IndustryBiotechnology Current SymbolNASDAQ:LGND CIK886163 Webwww.ligand.com Phone(858) 550-7500Fax858-550-1826Employees80Year Founded1987Price Target and Rating Average Price Target for Ligand Pharmaceuticals$292.86 High Price Target$388.00 Low Price Target$220.00 Potential Upside/Downside-7.4%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Trailing Twelve Months)$7.37 Trailing P/E Ratio42.91 Forward P/E Ratio69.35 P/E Growth3.29Net Income$124.45 million Net Margins55.95% Pretax Margin67.36% Return on Equity16.19% Return on Assets11.13% Debt Debt-to-Equity Ratio0.45 Current Ratio21.28 Quick Ratio20.95 Sales & Book Value Annual Sales$268.09 million Price / Sales23.64 Cash Flow$7.85 per share Price / Cash Flow40.27 Book Value$51.68 per share Price / Book6.12Miscellaneous Outstanding Shares20,040,000Free Float18,638,000Market Cap$6.34 billion OptionableOptionable Beta1.10 Social Links 7 Stocks That Will Be Magnificent in 2026Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. 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