NASDAQ:RIGL Rigel Pharmaceuticals (RIGL) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free RIGL Stock Alerts $1.48 -0.01 (-0.67%) (As of 05:22 PM ET) Add Compare Share Share Today's Range$1.46▼$1.5050-Day Range$1.12▼$1.5752-Week Range$0.71▼$1.96Volume782,296 shsAverage Volume1.11 million shsMarket Capitalization$259.56 millionP/E RatioN/ADividend YieldN/APrice Target$5.05 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Rigel Pharmaceuticals alerts: Email Address Rigel Pharmaceuticals MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside241.2% Upside$5.05 Price TargetShort InterestBearish2.82% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.49Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.06) to $0.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.86 out of 5 starsMedical Sector718th out of 938 stocksPharmaceutical Preparations Industry323rd out of 425 stocks 3.2 Analyst's Opinion Consensus RatingRigel Pharmaceuticals has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.05, Rigel Pharmaceuticals has a forecasted upside of 241.2% from its current price of $1.48.Amount of Analyst CoverageRigel Pharmaceuticals has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.82% of the outstanding shares of Rigel Pharmaceuticals have been sold short.Short Interest Ratio / Days to CoverRigel Pharmaceuticals has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Rigel Pharmaceuticals has recently increased by 32.09%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRigel Pharmaceuticals does not currently pay a dividend.Dividend GrowthRigel Pharmaceuticals does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RIGL. Previous Next 3.0 News and Social Media Coverage News SentimentRigel Pharmaceuticals has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Rigel Pharmaceuticals this week, compared to 2 articles on an average week.Search Interest8 people have searched for RIGL on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.MarketBeat Follows5 people have added Rigel Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rigel Pharmaceuticals insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.40% of the stock of Rigel Pharmaceuticals is held by insiders.Percentage Held by Institutions66.23% of the stock of Rigel Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rigel Pharmaceuticals are expected to grow in the coming year, from ($0.06) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rigel Pharmaceuticals is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rigel Pharmaceuticals is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatYour $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionStart Your Risk-Free Trial Here About Rigel Pharmaceuticals Stock (NASDAQ:RIGL)Rigel Pharmaceuticals, Inc., a biotechnology company, engages in discovering, developing, and providing therapies that enhance the lives of patients with hematologic disorders and cancer. The company's commercialized products include Tavalisse, an oral spleen tyrosine kinase inhibitor for the treatment of adult patients with chronic immune thrombocytopenia; Rezlidhia, a non-intensive monotherapy for the treatment of adult patients with relapsed or refractory (R/R) acute myeloid leukemia (AML) with a susceptible isocitrate dehydrogenase-1 (IDH1) mutation as detected by an FDA-approved test; and GAVRETO, a once daily, small molecule, oral, kinase inhibitor for the treatment of adult patients with metastatic rearranged during transfection (RET) fusion-positive non-small cell lung cancer, as well as for the treatment of adult and pediatric patients 12 years of age and older with advanced or metastatic RET fusion-positive thyroid cancer. It also develops R289, an oral IRAK1/4 Inhibitor, which is in Phase 1b clinical trials for the treatment of hematology-oncology, autoimmune, and inflammatory diseases; and a receptor-interacting serine/threonine-protein kinase 1 (RIPK1) inhibitor program in clinical development with partner Eli Lilly and Company. In addition, the company has product candidates in clinical development with partners BerGenBio ASA and Daiichi Sankyo. The company has strategic development collaboration with The University of Texas MD Anderson Cancer Center for the development of REZLIDHIA (Olutasidenib) in acute myeloid leukemia (AML) and other hematologic cancers. The company was incorporated in 1996 and is headquartered in South San Francisco, California.Read More RIGL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RIGL Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comRigel Pharmaceuticals (NASDAQ:RIGL) Upgraded by StockNews.com to "Buy"March 27, 2024 | americanbankingnews.comRigel Pharmaceuticals (NASDAQ:RIGL) Shares Cross Above Two Hundred Day Moving Average of $1.17March 28, 2024 | MarketBeat (Ad)Your $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionMarch 19, 2024 | americanbankingnews.comRigel Pharmaceuticals (NASDAQ:RIGL) Downgraded by StockNews.com to "Hold"March 16, 2024 | finance.yahoo.comRIGL Apr 2024 3.000 callMarch 12, 2024 | finanznachrichten.deRigel Pharmaceuticals, Inc.: Rigel Pharmaceuticals Announces Appointment of Lisa Rojkjaer, M.D. as Chief Medical OfficerMarch 12, 2024 | markets.businessinsider.comRigel Pharma Names Rojkjaer EVP, Chief Medical OfficerMarch 12, 2024 | prnewswire.comRigel Pharmaceuticals Announces Appointment of Lisa Rojkjaer, M.D. as Chief Medical OfficerMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 7, 2024 | finance.yahoo.comRigel Pharmaceuticals Inc (RIGL) Reports Growth in 2023 Sales, Despite Net Loss for the YearMarch 7, 2024 | insidermonkey.comRigel Pharmaceuticals, Inc. (NASDAQ:RIGL) Q4 2023 Earnings Call TranscriptMarch 6, 2024 | barrons.comRigel Pharmaceuticals Inc.March 6, 2024 | stockhouse.comRigel Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business UpdateMarch 6, 2024 | benzinga.comRigel Pharmaceuticals: Q4 Earnings InsightsMarch 6, 2024 | markets.businessinsider.comRigel Pharmaceuticals Inc. Q4 Earnings SummaryMarch 6, 2024 | msn.comRigel Pharmaceuticals GAAP EPS of $0.00 beats by $0.02, revenue of $35.8M beats by $2.39MMarch 6, 2024 | finance.yahoo.comOwning 47% shares,institutional owners seem interested in Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL),March 6, 2024 | finance.yahoo.comQ4 2023 Rigel Pharmaceuticals Inc Earnings CallMarch 6, 2024 | gurufocus.comQ4 2023 Rigel Pharmaceuticals Inc Earnings Call TranscriptMarch 5, 2024 | investorplace.comRIGL Stock Earnings: Rigel Pharmaceuticals Beats Revenue for Q4 2023February 27, 2024 | prnewswire.comRigel Announces Conference Call and Webcast to Report Fourth Quarter and Full Year 2023 Financial Results and Business UpdateFebruary 26, 2024 | seekingalpha.comRigel Pharmaceuticals: Gavreto Deal Expands Growth ProspectsFebruary 23, 2024 | markets.businessinsider.comBuy Rating for Rigel: Strategic Acquisitions and Market Positioning Fuel Revenue Growth PotentialFebruary 23, 2024 | finance.yahoo.comRIGL Mar 2024 1.500 putFebruary 22, 2024 | benzinga.comRigel Pharmaceuticals Stock (NASDAQ:RIGL), Short Interest ReportFebruary 22, 2024 | markets.businessinsider.comRigel Pharma Acquires US Rights To Gavreto From Blueprint Medicines; Stock Up In Pre-MarketFebruary 22, 2024 | finance.yahoo.comRigel Pharmaceuticals Acquires U.S. Rights to GAVRETO®See More Headlines Receive RIGL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rigel Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryBiotechnology Current SymbolNASDAQ:RIGL CUSIP76655960 CIK1034842 Webwww.rigel.com Phone(650) 624-1100Fax650-624-1101Employees147Year Founded1996Price Target and Rating Average Stock Price Target$5.05 High Stock Price Target$15.00 Low Stock Price Target$1.25 Potential Upside/Downside+240.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-25,090,000.00 Net Margins-21.47% Pretax Margin-21.47% Return on EquityN/A Return on Assets-21.21% Debt Debt-to-Equity RatioN/A Current Ratio1.86 Quick Ratio1.76 Sales & Book Value Annual Sales$116.88 million Price / Sales2.23 Cash FlowN/A Price / Cash FlowN/A Book Value($0.16) per share Price / Book-9.28Miscellaneous Outstanding Shares175,380,000Free Float160,646,000Market Cap$260.44 million OptionableOptionable Beta0.96 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Raul R. Rodriguez (Age 63)President, CEO & Director Comp: $1.09MMr. Dean L. Schorno CPA (Age 61)Executive VP & CFO Comp: $696.67kMr. Raymond J. Furey J.D. (Age 56)Executive VP, General Counsel & Corporate Secretary Comp: $593.46kMr. David A. Santos (Age 61)Executive VP & Chief Commercial Officer Comp: $681.63kMr. Joseph Lasaga (Age 49)Executive Vice President of Corporate Development Ms. Julie PatelSenior VP of Human ResourcesDr. Esteban S. Masuda (Age 62)Executive Vice President of Research Comp: $537.21kMr. Tarek SallamVice President of MarketingMore ExecutivesKey CompetitorsXOMANASDAQ:XOMAVanda PharmaceuticalsNASDAQ:VNDAMerrimack PharmaceuticalsNASDAQ:MACKVerastemNASDAQ:VSTMEmergent BioSolutionsNYSE:EBSView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 85,467 shares on 3/11/2024Ownership: 5.105%Goldman Sachs Group Inc.Sold 73,480 shares on 3/1/2024Ownership: 0.293%GSA Capital Partners LLPBought 455,601 shares on 2/16/2024Ownership: 0.818%Weiss Multi Strategy Advisers LLCSold 17,873 shares on 2/15/2024Ownership: 0.058%Citadel Advisors LLCSold 4,200 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions RIGL Stock Analysis - Frequently Asked Questions Should I buy or sell Rigel Pharmaceuticals stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rigel Pharmaceuticals in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RIGL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIGL, but not buy additional shares or sell existing shares. View RIGL analyst ratings or view top-rated stocks. What is Rigel Pharmaceuticals' stock price target for 2024? 5 analysts have issued 1 year price objectives for Rigel Pharmaceuticals' stock. Their RIGL share price targets range from $1.25 to $15.00. On average, they predict the company's share price to reach $5.05 in the next year. This suggests a possible upside of 241.2% from the stock's current price. View analysts price targets for RIGL or view top-rated stocks among Wall Street analysts. How have RIGL shares performed in 2024? Rigel Pharmaceuticals' stock was trading at $1.45 on January 1st, 2024. Since then, RIGL stock has increased by 2.1% and is now trading at $1.48. View the best growth stocks for 2024 here. Are investors shorting Rigel Pharmaceuticals? Rigel Pharmaceuticals saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 4,940,000 shares, an increase of 32.1% from the February 29th total of 3,740,000 shares. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 4.5 days. View Rigel Pharmaceuticals' Short Interest. When is Rigel Pharmaceuticals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RIGL earnings forecast. How were Rigel Pharmaceuticals' earnings last quarter? Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) released its earnings results on Tuesday, November, 7th. The biotechnology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.04. The biotechnology company earned $28.13 million during the quarter, compared to the consensus estimate of $27.83 million. During the same period in the previous year, the company posted ($0.11) EPS. What guidance has Rigel Pharmaceuticals issued on next quarter's earnings? Rigel Pharmaceuticals issued an update on its fourth quarter 2023 earnings guidance on Monday, January, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $35.7 million-$35.7 million, compared to the consensus revenue estimate of $29.8 million. What is Raul Rodriguez's approval rating as Rigel Pharmaceuticals' CEO? 6 employees have rated Rigel Pharmaceuticals Chief Executive Officer Raul Rodriguez on Glassdoor.com. Raul Rodriguez has an approval rating of 84% among the company's employees. What other stocks do shareholders of Rigel Pharmaceuticals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rigel Pharmaceuticals investors own include ADMA Biologics (ADMA), Matinas BioPharma (MTNB), Zosano Pharma (ZSAN), Sorrento Therapeutics (SRNE), Aeterna Zentaris (AEZS), KushCo (KSHB), Novan (NOVN), Bionano Genomics (BNGO), Organigram (OGI) and Pennsylvania Real Estate Investment Trust (PEI). Who are Rigel Pharmaceuticals' major shareholders? Rigel Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Armistice Capital LLC (9.81%), Vanguard Group Inc. (5.13%), Vanguard Group Inc. (5.11%), Voya Investment Management LLC (1.20%), Assenagon Asset Management S.A. (1.14%) and Northern Trust Corp (0.88%). Insiders that own company stock include David A Santos, Dean L Schorno and Raul R Rodriguez. View institutional ownership trends. How do I buy shares of Rigel Pharmaceuticals? Shares of RIGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RIGL) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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