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NASDAQ: LGND
Ligand Pharmaceuticals Inc Stock Forecast, Predictions & Price Target

Analyst price target for LGND

Based on 3 analysts offering 12 month price targets for Ligand Pharmaceuticals Inc.
Min Forecast
$95.00+60.8%
Avg Forecast
$116.33+96.91%
Max Forecast
$144.00+143.74%

Should I buy or sell LGND stock?

Based on 3 analysts offering ratings for Ligand Pharmaceuticals Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LGND stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 1%
1
BuyReiterates$144.00+143.74%2023-09-19
Benchmark
Bottom 11%
11
Strong BuyReiterates$95.00+60.80%2023-08-23
Barclays
Bottom 14%
14
Strong BuyMaintains$110.00+86.19%2023-07-25

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Forecast return on equity

Is LGND forecast to generate an efficient return?
Company
N/A
Industry
11.93%
Market
48.98%

Forecast return on assets

Is LGND forecast to generate an efficient return on assets?
Company
N/A
Industry
1.55%

LGND earnings growth forecast

How is LGND forecast to perform vs Biotechnology companies and vs the US market?
Company
8.92%
Industry
17.24%
Market
66.67%
LGND's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

LGND revenue growth forecast

How is LGND forecast to perform vs Biotechnology companies and vs the US market?
Company
24.35%
Industry
239.17%
Market
11.91%
LGND's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

LGND vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
LGND$59.08$116.33+96.91%Strong Buy
MOR$7.50$12.81+70.84%Strong Buy
RLAY$8.62$25.81+199.45%Buy
APGE$20.87$34.33+64.51%Strong Buy
REPL$16.78$51.20+205.13%Strong Buy

Ligand Pharmaceuticals Stock Forecast FAQ

Is Ligand Pharmaceuticals Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: LGND) stock is to Strong Buy LGND stock.

Out of 3 analysts, 2 (66.67%) are recommending LGND as a Strong Buy, 1 (33.33%) are recommending LGND as a Buy, 0 (0%) are recommending LGND as a Hold, 0 (0%) are recommending LGND as a Sell, and 0 (0%) are recommending LGND as a Strong Sell.

If you're new to stock investing, here's how to buy Ligand Pharmaceuticals stock.

What is LGND's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: LGND) forecast ROE is N/A, which is considered weak.

What is LGND's Price Target?

According to 3 Wall Street analysts that have issued a 1 year LGND price target, the average LGND price target is $116.33, with the highest LGND stock price forecast at $144.00 and the lowest LGND stock price forecast at $95.00.

On average, Wall Street analysts predict that Ligand Pharmaceuticals's share price could reach $116.33 by Sep 19, 2024. The average Ligand Pharmaceuticals stock price prediction forecasts a potential upside of 96.91% from the current LGND share price of $59.08.

What is LGND's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: LGND) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 1.55%.
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