Ligand Pharmaceuticals/$LGND

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About Ligand Pharmaceuticals

Ligand Pharmaceuticals Inc is a biopharmaceutical company focused on developing and acquiring technologies that aid in creating medicine. The company has partnerships and license agreements with various pharmaceutical and biotechnology companies. Ligand's business model is based on drug discovery, early-stage drug development, product reformulation, and partnerships. The company's revenue consists of three primary elements: royalties from commercialized products, license and milestone payments, and sale of its trademarked Captisol material.

Ticker

$LGND
Primary listing

Industry

Pharmaceuticals

Employees

68

ISIN

US53220K5048

LGND Metrics

BasicAdvanced
$2.2B
-
-$7.11
0.76
-

What the Analysts think about LGND

Analyst ratings (Buy, Hold, Sell) for Ligand Pharmaceuticals stock.

Bulls say / Bears say

Ligand Pharmaceuticals reported a 58% increase in total revenue for Q3 2024, reaching $51.8 million, and raised its 2024 revenue guidance to $160-$165 million, indicating strong business momentum. (GuruFocus)
The FDA granted full approval for FILSPARI® (sparsentan), developed by Ligand's partner Travere Therapeutics, to treat IgA nephropathy, entitling Ligand to milestone payments and a 9% royalty on worldwide net sales. (Yahoo Finance)
Craig-Hallum increased its price target for Ligand Pharmaceuticals to $140, citing the company's strong growth outlook and expectation of earnings exceeding $6.00 per share in the upcoming year. (Investing.com)
Goldman Sachs Group Inc. reduced its stake in Ligand Pharmaceuticals by 12,247 shares, potentially signaling decreased confidence from a major institutional investor. (GuruFocus)
Ligand Pharmaceuticals reported a GAAP net loss of $7.2 million, or $0.39 per diluted share, in Q3 2024, indicating ongoing profitability challenges. (GuruFocus)
Operating expenses increased in Q3 2024, primarily due to higher personnel-related costs and investments, which could impact future profitability. (GuruFocus)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.

LGND Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

LGND Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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