
Ligand Pharmaceuticals (LGND) Stock Forecast & Price Target
Ligand Pharmaceuticals (LGND) Analyst Ratings
Bulls say
Ligand Pharmaceuticals is a biopharmaceutical company that has a diverse portfolio of royalty-generating assets and a strong financial position, with the recent acquisition of XOMA expected to boost revenue and EPS growth. However, risks related to key revenue contributors and reliance on Captisol sales remain. The recent FDA approval of FILSPARI and potential for future growth through acquisitions and partnerships provide a positive outlook, with the company's valuation not fully capturing all assets and potential candidates. Analysts have an Outperform rating for LGND and project increasing cash flows in the future.
Bears say
Ligand Pharmaceuticals is not performing well financially, with their Q1 revenue falling short of expectations and their core adjusted net income also not meeting consensus estimates. Additionally, the company's stock price is heavily reliant on the success of their pipeline drugs and the recognition of milestone payments, making it vulnerable to potential setbacks. There are also concerns about governance standards due to the CEO's involvement in a subsidiary company and the lack of diversity on the board and senior management team. Overall, these factors suggest a potential risk for the company's future growth and stability.
This aggregate rating is based on analysts' research of Ligand Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Ligand Pharmaceuticals (LGND) Analyst Forecast & Price Prediction
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