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Ligand Pharmaceuticals Incorporated (LGND) Stock Forecast

Data as of May 2, 2026

Healthcare · Current price $229.62 (+0.07%)

Consensus Target
$249.33
Upside
+16.6%
Analysts
13
Rating
Buy(2.00)

Price Target Range

Low $230.00Consensus $249.33High $275.00
▲ Current $229.62

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy6
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 14, 2026Joseph PantginisH.C. Wainwright$243.00+5.8%
Feb 24, 2026Joseph PantginisH.C. Wainwright$239.00+4.1%
Dec 10, 2025Trevor AllredOppenheimer$275.00+19.8%
Nov 6, 2025Annabel SamimyStifel Nicolaus$220.00-4.2%
Nov 3, 2025Leland GershellOppenheimer$250.00+8.9%
Sep 3, 2025Leland GershellOppenheimer$190.00-17.3%
Oct 21, 2024Joseph PantginisH.C. Wainwright$157.00-31.6%
Oct 2, 2024Leland GershellOppenheimer$135.00-41.2%
Jul 30, 2024Douglas MiehmRBC Capital$130.00-43.4%
Jul 9, 2024Matt HewittCraig-Hallum$140.00-39.0%
Jun 28, 2024Joseph PantginisH.C. Wainwright$144.00-37.3%

LGND vs Sector & Market

MetricLGNDHealthcare AvgLarge Cap Avg
Analyst Rating2.002.242.41
Analyst Count13818
Target Upside+16.6%+1150.3%+14.9%
P/E Ratio39.396.8331.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$62M$63M$64M6
2026-09-30$68M$70M$72M4
2026-12-31$71M$73M$75M5
2027-12-31$307M$318M$341M7
2028-12-31$364M$371M$378M4
2029-12-31$403M$422M$447M3
2030-12-31$483M$506M$536M3

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$1.76$2.02$2.225
2026-09-30$2.23$2.32$2.401
2026-12-31$2.34$2.44$2.531
2027-12-31$9.33$9.93$10.346
2028-12-31$4.42$10.30$20.783
2029-12-31$10.57$11.25$12.101
2030-12-31$13.63$14.51$15.601

Frequently Asked Questions

What is the analyst consensus for LGND?

The consensus among 13 analysts covering Ligand Pharmaceuticals Incorporated (LGND) is Buy with an average price target of $249.33.

What is the highest price target for LGND?

The highest price target for LGND is $275.00, set by Trevor Allred at Oppenheimer on 2025-12-10.

What is the lowest price target for LGND?

The lowest price target for LGND is $130.00, set by Douglas Miehm at RBC Capital on 2024-07-30.

How many analysts cover LGND?

13 analysts have issued ratings for Ligand Pharmaceuticals Incorporated in the past 12 months.

Is LGND a buy or sell right now?

Based on 13 analyst ratings, LGND has a consensus rating of Buy (2.00/5) with a +16.6% upside to the consensus target of $249.33.

What are the earnings estimates for LGND?

Analysts estimate LGND will report EPS of $2.02 for the period ending 2026-06-30, with revenue estimated at $63M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.