NASDAQ:RIGL

Rigel Pharmaceuticals (RIGL) Stock Price, News & Analysis

$1.13
+0.05 (+4.63%)
(As of 04/22/2024 ET)
Today's Range
$1.06
$1.14
50-Day Range
$1.05
$1.57
52-Week Range
$0.71
$1.96
Volume
3.34 million shs
Average Volume
1.46 million shs
Market Capitalization
$198.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.81

Rigel Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
414.4% Upside
$5.81 Price Target
Short Interest
Bearish
2.86% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.05) to $0.05 Per Share

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.

1.10 out of 5 stars

Medical Sector

771st out of 910 stocks

Pharmaceutical Preparations Industry

359th out of 426 stocks

RIGL stock logo

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.

RIGL Stock Price History

RIGL Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
RIGL Apr 2024 3.000 call
Rigel Pharma Names Rojkjaer EVP, Chief Medical Officer
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Rigel Pharmaceuticals Inc.
Rigel Pharmaceuticals: Q4 Earnings Insights
Rigel Pharmaceuticals Inc. Q4 Earnings Summary
Q4 2023 Rigel Pharmaceuticals Inc Earnings Call
RIGL Mar 2024 1.500 put
Rigel Pharmaceuticals Acquires U.S. Rights to GAVRETO®
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
4/23/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:RIGL
CUSIP
76655960
Employees
147
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$5.81
High Stock Price Target
$15.00
Low Stock Price Target
$1.25
Potential Upside/Downside
+414.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-25,090,000.00
Pretax Margin
-21.47%

Debt

Sales & Book Value

Annual Sales
$116.88 million
Book Value
($0.16) per share

Miscellaneous

Free Float
164,126,000
Market Cap
$198.20 million
Optionable
Optionable
Beta
0.95

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Key Executives

  • Mr. Raul R. Rodriguez (Age 63)
    President, CEO & Director
    Comp: $1.09M
  • Mr. Dean L. Schorno CPA (Age 61)
    Executive VP & CFO
    Comp: $696.67k
  • Mr. Raymond J. Furey J.D. (Age 56)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $593.46k
  • Mr. David A. Santos (Age 61)
    Executive VP & Chief Commercial Officer
    Comp: $681.63k
  • Ms. Julie Patel
    Senior VP of Human Resources
  • Dr. Esteban S. Masuda (Age 62)
    Executive Vice President of Research
    Comp: $537.21k
  • Mr. Joseph Lasaga (Age 49)
    Executive VP & Chief Business Officer
  • Dr. Lisa Rojkjaer M.D. (Age 58)
    Executive VP & Chief Medical Officer
  • Mr. Tarek Sallam
    Vice President of Marketing

RIGL Stock Analysis - Frequently Asked Questions

Should I buy or sell Rigel Pharmaceuticals stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rigel Pharmaceuticals in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RIGL shares.
View RIGL analyst ratings
or view top-rated stocks.

What is Rigel Pharmaceuticals' stock price target for 2024?

4 brokerages have issued twelve-month price objectives for Rigel Pharmaceuticals' shares. Their RIGL share price targets range from $1.25 to $15.00. On average, they predict the company's share price to reach $5.81 in the next twelve months. This suggests a possible upside of 414.4% 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 at the start of the year. Since then, RIGL stock has decreased by 22.1% and is now trading at $1.13.
View the best growth stocks for 2024 here
.

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) posted its quarterly earnings results on Tuesday, November, 7th. The biotechnology company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.04. The biotechnology company earned $28.13 million during the quarter, compared to analysts' expectations of $27.83 million. During the same quarter in the previous year, the business posted ($0.11) EPS.

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 Los Angeles Capital Management LLC (0.34%). 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 4/23/2024 by MarketBeat.com Staff

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