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NASDAQ:LGND

Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis

Ligand Pharmaceuticals logo
$308.79 -7.48 (-2.37%)
Closing price 11/13/2026 04:00 PM Eastern
Extended Trading
$308.07 -0.72 (-0.23%)
As of 11/13/2026 07:59 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
$308.59
▼
$314.79
50-Day Range
$275.20
▼
$322.75
52-Week Range
$175.89
▼
$326.63
Volume
129,023 shs
Average Volume
215,877 shs
Market Capitalization
$6.18 billion
P/E Ratio
137.85
Dividend Yield
N/A
Price Target
$355.38
Consensus Rating
Moderate Buy

Company Overview

Ligand Pharmaceuticals is a biopharmaceutical company that works with pharmaceutical and biotechnology partners to develop and commercialize medicines. Rather than focusing primarily on selling drugs directly, Ligand licenses technologies and drug-development assets and may receive royalties and other payments from partner programs.

Its technologies include Captisol, a formulation platform designed to improve the solubility and delivery of certain medicines. Ligand also holds economic interests in a portfolio of partnered products and drug candidates across multiple therapeutic areas.

Founded in 1987, the company serves markets through its partners, whose development and commercialization activities extend across the United States and internationally.

AI Generated. May Contain Errors.

Ligand Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

LGND MarketRank™: 
3.638506876225 of 5 stars

Ligand Pharmaceuticals scored higher than 73% of companies evaluated by MarketBeat, and ranked 241st out of 892 stocks in the healthcare 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 2.89, and is based on no strong buy ratings, 8 buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Ligand Pharmaceuticals has a consensus price target of $355.38, representing about 15.1% upside from its current price of $308.79.

  • Amount of Analyst Coverage

    Ligand Pharmaceuticals has been the subject of 5 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 243.83% in the coming year, from $2.35 to $8.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ligand Pharmaceuticals is 137.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.41.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ligand Pharmaceuticals is 137.85, which means that it is trading at a more expensive P/E ratio than the Healthcare sector average P/E ratio of about 34.71.

  • Price to Earnings Growth Ratio

    Ligand Pharmaceuticals has a PEG Ratio of 5.52. 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 6.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    13.05% 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 10.53, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Ligand Pharmaceuticals has recently decreased by 1.51%, indicating that investor sentiment is improving.
  • 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 0.69. 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 0.57 average news sentiment score of Healthcare 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

    4 people have searched for LGND on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Ligand Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $6,585,447.00 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

Ligand Pharmaceuticals (NASDAQ:LGND) Price Target Raised to $350.00
A letter from Shannon Stansberry
Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief. It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.tc pixel
Ligand Pharmaceuticals (NASDAQ:LGND) Price Target Raised to $402.00
HC Wainwright Has Negative Opinion of LGND FY2026 Earnings
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 63.3% and is now trading at $308.79.

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) posted its earnings results on Thursday, October, 29th. The biotechnology company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.33 by $0.34. Ligand Pharmaceuticals's revenue for the quarter was down 31.8% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional shareholders of Ligand Pharmaceuticals include Congress Asset Management Co. (3.30%), Stephens Investment Management Group LLC (2.23%), GW&K Investment Management LLC (1.21%) and Russell Investments Group Ltd. (0.85%). Insiders that own company stock include Todd C Davis, Matthew E Korenberg, John W Kozarich, Stephen L Sabba, Andrew Reardon, Octavio Espinoza, John L Lamattina, Nancy Ryan Gray, Jason Haas and Martine Zimmermann.
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), Micron Technology (MU), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Block (XYZ) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
10/29/2026
Today
11/15/2026
Investor Day 2026
12/08/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:LGND
CIK
886163
Employees
47
Year Founded
1987

Price Target and Rating

High Price Target
$402.00
Low Price Target
$326.00
Potential Upside/Downside
+15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.24
Trailing P/E Ratio
137.85
Forward P/E Ratio
38.22
P/E Growth
5.52
Net Income
$124.45 million
Net Margins
20.27%
Pretax Margin
20.77%
Return on Equity
5.22%
Return on Assets
2.74%

Debt

Debt-to-Equity Ratio
0.71
Current Ratio
1.22
Quick Ratio
1.19

Sales & Book Value

Annual Sales
$268.09 million
Price / Sales
23.04
Cash Flow
$7.67 per share
Price / Cash Flow
40.28
Book Value
$48.08 per share
Price / Book
6.42

Miscellaneous

Outstanding Shares
20,000,000
Free Float
18,883,000
Market Cap
$6.18 billion
Optionable
Optionable
Beta
1.16

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This page (NASDAQ:LGND) was last updated on 11/13/2026 by MarketBeat.com Staff.
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