LGND Ligand Pharmaceuticals Incorporated

293.26USD-1.24%Mkt Cap: 5.85B $P/E: 30.90

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for …

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Is Ligand Pharmaceuticals (LGND) Below Fair Value As It Funds AvenCell?

Why the AvenCell financing matters for Ligand Pharmaceuticals Ligand Pharmaceuticals (LGND) has agreed to provide up to $47 million in funding to AvenCell Therapeutics, tying most of the capital to clinical milestones in AvenCell’s CAR-T therapy programs. The agreement extends Ligand’s royalty-focused approach, giving the business potential future royalty rights on AvenCell’s existing CAR-T pipeline and any later programs that emerge from the partnership. Recent trading has been strong for...

Simply Wall St.
Ligand Pharmaceuticals (LGND) Stock May Be 27% Undervalued After A New Royalty Deal

Ligand Pharmaceuticals has delivered a very strong run in recent years, and the question now is whether the cash the business can generate is enough to support where the stock trades today. With a Discounted Cash Flow (DCF) view available, the focus naturally turns to how the current price lines up with the cash flows investors expect the company to produce over time. Over the past 3 years, Ligand Pharmaceuticals has returned about 430.8%, which puts a lot of weight on whether the cash flow...

Simply Wall St.
Is Ligand Pharmaceuticals (LGND) Using AvenCell CAR-T Royalties To Redefine Its Cash-Flow Playbook?

Ligand Pharmaceuticals recently entered a US$47 million financing agreement with AvenCell Therapeutics, including up to US$6 million in Series C funding and as much as US$41 million tied to clinical milestones for AvenCell’s CAR-T therapy programs. The deal deepens Ligand’s royalty-focused model by adding potential royalty streams on AvenCell’s current and future pipeline, further broadening its portfolio of over 200 partnered assets following the XOMA Royalty acquisition. We’ll now examine...

Simply Wall St.
Ligand (LGND)-AvenCell Deal: Most of the Funding Is Tied to Milestones

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) is building a business model that differs from that of many drug developers. Rather than relying on internally operated drug development programs, the company funds third-party programs and acquires royalty interests in exchange for economic rights in those assets. That model allows it to generate royalties and other income when the […]

Insider Monkey
Twilio downgraded, Synopsys upgraded: Wall Street's top analyst calls

Twilio downgraded, Synopsys upgraded: Wall Street's top analyst calls

The Fly
Ligand Pharmaceuticals (LGND): Massive XOMA Acquisition Doubles The Royalty Book

On August 6, Ligand Pharmaceuticals (NASDAQ:LGND) reported second-quarter 2026 results showing royalty revenue up 32% year over year, just weeks after the company closed its acquisition of XOMA Royalty. Total revenue reached $63.7 million for the quarter, up from $47.6 million a year earlier, and Ligand raised the low end of its full-year adjusted earnings […]

Insider Monkey
Ligand Pharmaceuticals Highlights XOMA-Fueled Royalty Growth, $700M in Deployable Capital

Ligand Pharmaceuticals (NASDAQ:LGND) outlined its royalty-focused growth strategy, recent XOMA acquisition and portfolio catalysts during a company presentation, highlighting a larger commercial-stage asset base and planned investment capacity. Chief Financial Officer Tavo Espinoza said Ligand has

MarketBeat
Ligand Pharmaceuticals (LGND) Stock Trades Below Fair Value Following A 337% Run

Ligand Pharmaceuticals stock has surged over the past five years, yet the valuation signals are split, with a Discounted Cash Flow (DCF) intrinsic value estimate pointing to meaningful upside while traditional market multiples suggest the shares are pricing in a richer outlook. Ligand Pharmaceuticals has delivered a very large 5 year return of 337.4%, which puts extra focus on whether the current price still offers a margin of safety. The recent expansion of its royalty portfolio and...

Simply Wall St.
Ligand Pharmaceuticals (LGND) Reaffirms 2026 Guidance, Is The Stock Fully Priced?

Ligand Pharmaceuticals (LGND) is back in focus after its recent second quarter report and reaffirmed 2026 guidance. The company posted US$63.69 million in quarterly revenue and US$48.51 million in net income. See our latest analysis for Ligand Pharmaceuticals. The latest earnings report and reaffirmed 2026 guidance have come after a strong run for Ligand Pharmaceuticals, with a 90 day share price return of 33.93% and a 1 year total shareholder return of 87.99%. If this kind of multi year...

Simply Wall St.
Ligand (LGND) Q2 2026 Earnings Call Transcript

XOMA acquisition and convertible financing boost 2026 guidance to $9.00–$9.50 per share.

Motley Fool
Breakout Watch: Savvy Investors Bet Millions On Royalty-Fueled Pharma Stock

On the IBD 50 and the latest list of new buys by top funds, Ligand stock targets a breakout but faces this test first.

Investor's Business Daily
Ligand Pharmaceuticals Inc (LGND) (Q2 2026) Earnings Call Highlights: Royalty Revenue Surges ...

Adjusted EPS jumps 48% to $2.37, driven by Filspari and Otuber strength, while the transformative Zoma deal adds over 120 assets and $2.3 billion in milestone potential.

GuruFocus.com
Ligand Pharmaceuticals Incorporated Q2 2026 Earnings Call Summary

Moby summary of Ligand Pharmaceuticals Incorporated's Q2 2026 earnings call

Moby
Ligand Pharmaceuticals Q2 Earnings Call Highlights

Ligand Pharmaceuticals (NASDAQ:LGND) reported second-quarter 2026 results marked by higher royalty revenue and adjusted earnings, while highlighting the post-quarter close of its XOMA Royalty acquisition and a $700 million zero-coupon convertible-note offering. Total revenue rose 34% year over year

MarketBeat
This Biotech Dealmaker — Tied To Merck, Travere — Is In A Profit-Taking Zone

Ligand stock landed in a profit-taking zone Thursday on a strong second-quarter report and an earnings guidance hike.

Investor's Business Daily
This Stock Of The Day Rides Big Pharma Royalties; It's Up 56% In 2026

LGND stock has risen more than 56.5% so far in 2026. Ligand doesn't make drugs; it forks over funding in exchange for Big Pharma royalties.

Investor's Business Daily
Shopify downgraded, Five Below upgraded: Wall Street's top analyst calls

Shopify downgraded, Five Below upgraded: Wall Street's top analyst calls

The Fly
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Adobe, Datadog, Five Below, Fortinet, Gilead Sciences, Goldman Sachs, Microsoft, Salesforce, and More

Wall Street analysts are making bold moves on Tuesday, shaking up ratings for some of the biggest names in tech, biotech, and retail in ways that could catch investors off guard. Find out which stocks got slashed and which ones earned surprise upgrades.

24/7 Wall St.
Ligand Pharmaceuticals (LGND) Stock Looks Undervalued On Cash Flow Yet Overvalued On Earnings

Ligand Pharmaceuticals stock has delivered a very large 338.7% return over the past three years, yet its valuation signals are split, with an intrinsic value estimate from a Discounted Cash Flow (DCF) model suggesting the shares trade below that estimate while market multiples and a low overall value score point to a richer pricing. The 338.7% three year return puts a spotlight on whether the current price already embeds much of the good news in Ligand Pharmaceuticals. The completed US$739m...

Simply Wall St.
AGEN Stock Jumps on Securing $340M Financing to Fund Strategic Pivot

Agenus surges after securing up to $340M in financing to fund its phase III ROBBIN colon cancer study and extend its cash runway if warrants are exercised.

Zacks
Agenus (AGEN) Moves 82.7% Higher: Will This Strength Last?

Agenus (AGEN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks
Agenus shares surge as company secures up to $340M to advance colon cancer trial

Agenus (Agenus Inc (NASDAQ:AGEN)) shares jumped about 100% on Monday after the biotechnology company announced an oversubscribed private placement of up to $340 million to support development of its botensilimab and balstilimab (BOT+BAL) immunotherapy combination in microsatellite-stable (MSS)...

Proactive
3 Overlooked Stocks Positioned for the Next Market Rotation

Oxford Club strategist Marc Lichtenfeld highlights diversification beyond tech, spotlighting Ligand Pharmaceuticals, Aflac and Atlantic Union Bankshares as healthcare, insurance and banking stocks gaining quiet momentum.

MarketBeat
Agenus Shares Rise After Securing Up to $340 Million Financing Package (AGEN)

Private Placement Strengthens Funding PositionAgenus Inc. (NASDAQ:AGEN) shares climbed 13% in premarket trading on Monday after the biotechnology company announced an $85 million private placement designed to strengthen its balance sheet and support the continued development of its clinical pipeline.

InvestorsHub
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