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NASDAQ: RIGL
Rigel Pharmaceuticals Inc Stock Forecast, Predictions & Price Target

Analyst price target for RIGL

Based on 4 analysts offering 12 month price targets for Rigel Pharmaceuticals Inc.
Min Forecast
$1.25+15.74%
Avg Forecast
$5.81+438.24%
Max Forecast
$15.00+1,288.89%

Should I buy or sell RIGL stock?

Based on 4 analysts offering ratings for Rigel Pharmaceuticals Inc.
Buy
Strong Buy
1 analysts 25%
Buy
1 analysts 25%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RIGL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-07
lockedlocked$00.00+00.00%2024-03-06
lockedlocked$00.00+00.00%2024-03-06
lockedlocked$00.00+00.00%2024-03-06

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Forecast return on equity

Is RIGL forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is RIGL forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RIGL revenue forecast

What is RIGL's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$147.2M+25.93%
Avg 2 year Forecast
$186.3M+59.43%
Avg 3 year Forecast
$219.4M+87.7%
RIGL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RIGL revenue growth forecast

How is RIGL forecast to perform vs Biotechnology companies and vs the US market?
Company
23.54%
Industry
38.03%
Market
10.06%
RIGL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIGL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIGL vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
RIGL$1.08$5.81+438.24%Buy
ABOS$3.15$11.50+265.08%Strong Buy
NBTX$5.41$11.00+103.33%Buy
VERU$1.31$3.33+154.43%Buy
GBIO$2.80$7.50+167.86%Buy

Rigel Pharmaceuticals Stock Forecast FAQ

Is Rigel Pharmaceuticals Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: RIGL) stock is to Buy RIGL stock.

Out of 4 analysts, 1 (25%) are recommending RIGL as a Strong Buy, 1 (25%) are recommending RIGL as a Buy, 2 (50%) are recommending RIGL as a Hold, 0 (0%) are recommending RIGL as a Sell, and 0 (0%) are recommending RIGL as a Strong Sell.

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

What is RIGL's revenue growth forecast for 2024-2026?

(NASDAQ: RIGL) Rigel Pharmaceuticals's forecast annual revenue growth rate of 23.54% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.03%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Rigel Pharmaceuticals's revenue in 2024 is $116,882,000.On average, 4 Wall Street analysts forecast RIGL's revenue for 2024 to be $25,813,860,148, with the lowest RIGL revenue forecast at $23,921,533,557, and the highest RIGL revenue forecast at $27,166,023,079. On average, 4 Wall Street analysts forecast RIGL's revenue for 2025 to be $32,680,252,244, with the lowest RIGL revenue forecast at $28,060,449,920, and the highest RIGL revenue forecast at $34,889,661,919.

In 2026, RIGL is forecast to generate $38,474,735,152 in revenue, with the lowest revenue forecast at $35,058,024,619 and the highest revenue forecast at $40,685,898,606.

What is RIGL's forecast return on assets (ROA) for 2024-2027?

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

What is RIGL's Price Target?

According to 4 Wall Street analysts that have issued a 1 year RIGL price target, the average RIGL price target is $5.81, with the highest RIGL stock price forecast at $15.00 and the lowest RIGL stock price forecast at $1.25.

On average, Wall Street analysts predict that Rigel Pharmaceuticals's share price could reach $5.81 by Mar 7, 2025. The average Rigel Pharmaceuticals stock price prediction forecasts a potential upside of 438.24% from the current RIGL share price of $1.08.

What is RIGL's forecast return on equity (ROE) for 2024-2027?

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