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LGNZZ Stock Analysis 2026 - LIGAND PHARMACEUTICALS INC AI Rating

LGNZZ Nasdaq Pharmaceutical Preparations DE CIK: 0000886163
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
BUY
75% Conf
Pending
Analysis scheduled

📊 LGNZZ Key Takeaways

Revenue: $268.1M
Net Margin: 46.4%
Free Cash Flow: $48.9M
Current Ratio: 22.23x
Debt/Equity: 0.03x
EPS: $6.13
AI Rating: BUY with 75% confidence

Is LGNZZ a Good Investment? Thesis Analysis

Claude

Ligand demonstrates strong fundamental health with 60.4% revenue growth, fortress-like balance sheet (0.03x D/E ratio), and positive free cash flow generation. However, net income growth appears driven by non-operating items rather than core business expansion, creating sustainability concerns around reported profitability.

Why Buy LGNZZ? Key Strengths

Claude
  • + Strong revenue growth of 60.4% YoY demonstrates market demand and business expansion
  • + Fortress balance sheet with minimal debt (27.5M), exceptional liquidity (22.23x current ratio), and 174.9M in cash
  • + Positive operating cash flow (49.4M) and free cash flow (48.9M) indicate underlying business generates real cash
  • + Very low leverage (0.03x D/E) provides financial flexibility for growth investments or shareholder returns

LGNZZ Investment Risks to Consider

Claude
  • ! Net income growth of 3186.6% appears inflated by non-operating items; operating income only 33% of net income signals one-time gains or unusual items unlikely to repeat
  • ! Disconnect between operating margin (15.3%) and net margin (46.4%) indicates sustainability risk in reported profitability
  • ! Pharmaceutical sector subject to regulatory, clinical trial, and intellectual property risks; high insider activity (16 Form 4s in 90 days) may indicate profit-taking
  • ! Sustainability of 60.4% revenue growth uncertain; high current ratio (22.23x) suggests potential capital inefficiency or defensive cash positioning

Key Metrics to Watch

Claude
  • * Organic revenue growth trends and mix of licensing/non-operating income vs core product revenue
  • * Operating income and operating margin sustainability to validate net income quality
  • * Operating cash flow consistency and FCF conversion rate to confirm cash generation capability

LGNZZ Financial Metrics

Revenue
$268.1M
Net Income
$124.5M
EPS (Diluted)
$6.13
Free Cash Flow
$48.9M
Total Assets
$1.6B
Cash Position
$174.9M

💡 AI Analyst Insight

Strong liquidity with a 22.23x current ratio provides a solid financial cushion.

LGNZZ Profitability Ratios

Gross Margin N/A
Operating Margin 15.3%
Net Margin 46.4%
ROE 12.2%
ROA 8.0%
FCF Margin 18.2%

LGNZZ vs Healthcare Sector

How LIGAND PHARMACEUTICALS INC compares to Healthcare sector averages

Net Margin
LGNZZ 46.4%
vs
Sector Avg 12.0%
LGNZZ Sector
ROE
LGNZZ 12.2%
vs
Sector Avg 15.0%
LGNZZ Sector
Current Ratio
LGNZZ 22.2x
vs
Sector Avg 2.0x
LGNZZ Sector
Debt/Equity
LGNZZ 0.0x
vs
Sector Avg 0.6x
LGNZZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is LGNZZ Overvalued or Undervalued?

Based on fundamental analysis, LIGAND PHARMACEUTICALS INC appears fundamentally strong relative to the Healthcare sector in 2026.

Return on Equity
12.2%
Sector avg: 15%
Net Profit Margin
46.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

LGNZZ Balance Sheet & Liquidity

Current Ratio
22.23x
Quick Ratio
21.98x
Debt/Equity
0.03x
Debt/Assets
34.8%
Interest Coverage
290.79x
Long-term Debt
$27.5M

LGNZZ 5-Year Financial Trend & Growth Analysis

LGNZZ 5-year financial data: Year 2021: Revenue $277.1M, Net Income $629.3M, EPS $31.85. Year 2022: Revenue $241.5M, Net Income -$3.0M, EPS $-0.18. Year 2023: Revenue $241.5M, Net Income $57.1M, EPS $3.31. Year 2024: Revenue $196.2M, Net Income -$33.4M, EPS $-1.98. Year 2025: Revenue $268.1M, Net Income $52.2M, EPS $2.94.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: LIGAND PHARMACEUTICALS INC's revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $2.94 reflects profitable operations.

LGNZZ Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
18.2%
Free cash flow / Revenue

LGNZZ Quarterly Performance

Quarterly financial performance data for LIGAND PHARMACEUTICALS INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $51.8M -$7.2M $-0.39
Q2 2025 $41.5M $4.8M $0.24
Q1 2025 $31.0M -$42.5M $-2.21
Q3 2024 $32.9M $2.3M $-0.39
Q2 2024 $26.4M $2.3M $0.13
Q1 2024 $31.0M $41.9M $2.33
Q3 2023 $32.9M $404.0K $0.02
Q2 2023 $26.4M -$895.0K $-0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

LGNZZ Capital Allocation

Operating Cash Flow
$49.4M
Cash generated from operations
Stock Buybacks
$15.0M
Shares repurchased (TTM)
Capital Expenditures
$452.0K
Investment in assets
Dividends
None
No dividend program

LGNZZ SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for LIGAND PHARMACEUTICALS INC (CIK: 0000886163)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/primary_doc.xml View →
Apr 2, 2026 4 xslF345X06/primary_doc.xml View →
Mar 31, 2026 4 xslF345X06/primary_doc.xml View →
Mar 27, 2026 4 xslF345X06/primary_doc.xml View →
Mar 27, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about LGNZZ

What is the AI rating for LGNZZ?

LIGAND PHARMACEUTICALS INC (LGNZZ) has an AI rating of BUY with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are LGNZZ's key strengths?

Claude: Strong revenue growth of 60.4% YoY demonstrates market demand and business expansion. Fortress balance sheet with minimal debt (27.5M), exceptional liquidity (22.23x current ratio), and 174.9M in cash.

What are the risks of investing in LGNZZ?

Claude: Net income growth of 3186.6% appears inflated by non-operating items; operating income only 33% of net income signals one-time gains or unusual items unlikely to repeat. Disconnect between operating margin (15.3%) and net margin (46.4%) indicates sustainability risk in reported profitability.

What is LGNZZ's revenue and growth?

LIGAND PHARMACEUTICALS INC reported revenue of $268.1M.

Does LGNZZ pay dividends?

LIGAND PHARMACEUTICALS INC does not currently pay dividends.

Where can I find LGNZZ SEC filings?

Official SEC filings for LIGAND PHARMACEUTICALS INC (CIK: 0000886163) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LGNZZ's EPS?

LIGAND PHARMACEUTICALS INC has a diluted EPS of $6.13.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LGNZZ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, LIGAND PHARMACEUTICALS INC has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is LGNZZ stock overvalued or undervalued?

Valuation metrics for LGNZZ: ROE of 12.2% (sector avg: 15%), net margin of 46.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy LGNZZ stock in 2026?

Our dual AI analysis gives LIGAND PHARMACEUTICALS INC a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is LGNZZ's free cash flow?

LIGAND PHARMACEUTICALS INC's operating cash flow is $49.4M, with capital expenditures of $452.0K. FCF margin is 18.2%.

How does LGNZZ compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 46.4% (avg: 12%), ROE 12.2% (avg: 15%), current ratio 22.23 (avg: 2).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI