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Home โบ Stocks โบ Rigel Pharmaceuticals Inc. (RIGL) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$18.77
-0.13 (-0.69%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 8 Wall Street analysts, RIGL has a neutral consensus with a median price target of $23.50 (ranging from $20.45 to $57.00). The overall analyst rating is Buy (7.0/10). Currently trading at $18.77, the median forecast implies a 25.2% upside. This outlook is supported by 2 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Joseph Pantginis at HC Wainwright & Co., projecting a 203.7% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RIGL.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 7, 2025 | Cantor Fitzgerald | Kristen Kluska | Neutral | Maintains | $23.00 |
Mar 6, 2025 | Citigroup | Yigal Nochomovitz | Buy | Maintains | $55.00 |
Mar 5, 2025 | B. Riley Securities | Kalpit Patel | Neutral | Maintains | $24.00 |
Mar 5, 2025 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Jan 23, 2025 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Jan 22, 2025 | HC Wainwright & Co. | Buy | Reiterates | $0.00 | |
Jan 14, 2025 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Dec 10, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Dec 10, 2024 | Cantor Fitzgerald | Kristen Kluska | Neutral | Maintains | $25.00 |
Dec 10, 2024 | B. Riley Securities | Kalpit Patel | Neutral | Maintains | $20.00 |
Dec 6, 2024 | B. Riley Securities | Kalpit Patel | Neutral | Maintains | $27.00 |
Nov 14, 2024 | Piper Sandler | Allison Bratzel | Neutral | Maintains | $23.00 |
Nov 12, 2024 | Citigroup | Yigal Nochomovitz | Buy | Maintains | $49.00 |
Oct 25, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Sep 20, 2024 | Cantor Fitzgerald | Kristen Kluska | Neutral | Reiterates | $15.00 |
Sep 5, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Sep 3, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $57.00 |
Aug 9, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Maintains | $57.00 |
Jun 25, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $15.00 |
Jun 17, 2024 | HC Wainwright & Co. | Joseph Pantginis | Buy | Reiterates | $15.00 |
The following stocks are similar to Rigel based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Rigel Pharmaceuticals Inc. has a market capitalization of $335.46M with a P/E ratio of 9.0x. The company generates $203.08M in trailing twelve-month revenue with a 18.3% profit margin.
Revenue growth is +80.6% quarter-over-quarter, while maintaining an operating margin of +24.0% and return on equity of +531.8%.
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Biotechnology company developing small molecule drugs.
Rigel Pharmaceuticals operates by discovering and developing small molecule drugs aimed at treating inflammatory, autoimmune diseases, and cancer-related disorders. The company generates revenue through the advancement of its therapeutic candidates via research and clinical trials, often collaborating with various clinical and research partners to bring new therapies to market.
Headquartered in San Francisco, Rigel is focused on addressing unmet medical needs and enhancing patient health outcomes. Its proprietary technology platform is key to identifying and optimizing drug candidates that target specific intracellular signaling pathways.
Healthcare
Biotechnology
162
Mr. Raul R. Rodriguez
United States
2000
Rigel (RIGL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Rigel (RIGL) delivered earnings and revenue surprises of 350% and 22.07%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Ardelyx (ARDX) delivered earnings and revenue surprises of -70% and 8.14%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Rigel (RIGL) shares are rising, supported by positive earnings estimate revisions, suggesting potential for continued upward momentum.
RIGL's rising share price and positive earnings estimate revisions signal potential growth and increased investor confidence, suggesting possible future gains.
Analysts' price targets for Rigel (RIGL) suggest an 82.3% upside, supported by a consensus in raised earnings estimates, indicating potential positive movement in the stock.
Analysts' consensus on Rigel's price target suggests significant potential for growth, indicating bullish sentiment that may attract investor interest and drive stock performance.
Rigel Pharmaceuticals will hold its Q1 2025 earnings conference call on May 6, 2025, at 4:30 PM ET, featuring key executives including the CEO and CFO.
The earnings call will provide insights into Rigel Pharmaceuticals' financial performance and strategic direction, affecting stock valuation and investor sentiment.
Rigel Pharmaceuticals reported a 68% YoY revenue increase, with Q1 net income of $11.4M. TAVALISSE's patent extends to 2032, supporting growth and reducing fundraising needs.
Rigel's 68% YoY revenue growth and improved margins signal strong business health, reducing dilution risks and enhancing R&D capabilities, which could attract long-term investment interest.
In Q1 2025, the company reported total revenue of $53.3 million, with net income of $11.4 million. It received FDA designations for R289. 2025 revenue outlook is $200-$210 million.
Strong revenue growth and profitability signal positive business momentum. FDA designations enhance R289's market potential, boosting future sales prospects and investor confidence.
Rigel Pharmaceuticals (RIGL) reported Q3 earnings of $0.63 per share, exceeding the Zacks estimate of $0.14, compared to a loss of $0.50 per share the previous year.
Rigel Pharmaceuticals' strong earnings beat expectations and show a significant turnaround from a loss last year, indicating improved financial health and potential growth, attracting investor interest.
Based on our analysis of 8 Wall Street analysts, Rigel Pharmaceuticals Inc. (RIGL) has a median price target of $23.50. The highest price target is $57.00 and the lowest is $20.45.
According to current analyst ratings, RIGL has 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $18.77. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RIGL stock could reach $23.50 in the next 12 months. This represents a 25.2% increase from the current price of $18.77. Please note that this is a projection by Wall Street analysts and not a guarantee.
Rigel Pharmaceuticals operates by discovering and developing small molecule drugs aimed at treating inflammatory, autoimmune diseases, and cancer-related disorders. The company generates revenue through the advancement of its therapeutic candidates via research and clinical trials, often collaborating with various clinical and research partners to bring new therapies to market.
The highest price target for RIGL is $57.00 from Joseph Pantginis at HC Wainwright & Co., which represents a 203.7% increase from the current price of $18.77.
The lowest price target for RIGL is $20.45 from at , which represents a 9.0% increase from the current price of $18.77.
The overall analyst consensus for RIGL is neutral. Out of 8 Wall Street analysts, 2 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $23.50.
Stock price projections, including those for Rigel Pharmaceuticals Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.