Go Pro
NASDAQ:LGND

Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis

Ligand Pharmaceuticals logo
$303.59 +7.67 (+2.59%)
Closing price 06/26/2026 04:00 PM Eastern
Extended Trading
$284.00 -19.59 (-6.45%)
As of 06/26/2026 05:54 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)

Advanced

Key Stats

Today's Range
$286.00
$305.71
50-Day Range
$207.78
$303.59
52-Week Range
$111.71
$305.71
Volume
1.25 million shs
Average Volume
398,062 shs
Market Capitalization
$6.08 billion
P/E Ratio
41.19
Dividend Yield
N/A
Price Target
$257.71
Consensus Rating
Moderate Buy

Company Overview

Ligand Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
39th Percentile Overall Score

LGND MarketRank™: 

Ligand Pharmaceuticals scored higher than 39% of companies evaluated by MarketBeat, and ranked 591st out of 852 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.

  • Downside Risk

    Ligand Pharmaceuticals has a consensus price target of $257.71, representing about 15.1% downside from its current price of $303.59.

  • Amount of Analyst Coverage

    Ligand Pharmaceuticals has only been the subject of 4 research reports in the past 90 days.

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

    Earnings for Ligand Pharmaceuticals are expected to grow by 94.82% in the coming year, from $4.25 to $8.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ligand Pharmaceuticals is 41.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ligand Pharmaceuticals is 41.19, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 25.87.

  • Price to Earnings Growth Ratio

    Ligand Pharmaceuticals has a PEG Ratio of 3.31. 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 5.87. 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

    9.07% 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 8.33.
  • Change versus previous month

    Short interest in Ligand Pharmaceuticals has recently increased by 3.13%, indicating that investor sentiment is decreasing.
  • 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 0.45. 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 lower news sentiment than the 0.87 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Ligand Pharmaceuticals this week, compared to 5 articles on an average week.
  • Search Interest

    Only 5 people have searched for LGND on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Ligand Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 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 $8,553,493.00 in company stock.

  • Percentage Held by Insiders

    7.00% 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.
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.

SMS 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 Headlines

Ligand Announces Closing of Convertible Senior Notes Offering
CODE RED: AI Meltdown Imminent?
After correctly predicting the 2008 and 2020 stock market meltdowns, I believe this AI company is about to trigger the next crash. The research firm Bernstein Research said this AI company has the power to crash the global economy for a decade, the CEO just issued a CODE RED in an internal memo warning employees they're dealing with a critical situation, and another company executive even implied they might need a government bailout. The last time I saw something like this was in 2008 when I predicted a stock market meltdown just three weeks before Lehman went under.tc pixel
See More Headlines

LGND Stock Analysis - Frequently Asked Questions

Ligand Pharmaceuticals' stock was trading at $189.07 on January 1st, 2026. Since then, LGND shares have increased by 60.6% and is now trading at $303.59.

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) announced its earnings results on Thursday, May, 7th. The biotechnology company reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by $0.21. The business's revenue was up 14.1% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional shareholders of Ligand Pharmaceuticals include Janus Henderson Group PLC (5.04%), Stephens Investment Management Group LLC (2.47%), Dimensional Fund Advisors LP (2.12%) and Rice Hall James & Associates LLC (1.42%). 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
6/27/2026
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
$289.00
Low Price Target
$220.00
Potential Upside/Downside
-15.1%
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
41.19
Forward P/E Ratio
71.43
P/E Growth
3.31
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
$274.48 million
Price / Sales
22.17
Cash Flow
$8.05 per share
Price / Cash Flow
37.69
Book Value
$51.68 per share
Price / Book
5.87

Miscellaneous

Outstanding Shares
20,041,000
Free Float
18,638,000
Market Cap
$6.08 billion
Optionable
Optionable
Beta
1.17

Social Links

The 10 Best High-Yield Dividend Stocks for 2026 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NASDAQ:LGND) was last updated on 6/27/2026 by MarketBeat.com Staff.
From Our Partners