Rigel Pharmaceuticals (RIGL) Stock Forecast, Price Target & Predictions
RIGL Stock Forecast
Rigel Pharmaceuticals stock forecast is as follows: an average price target of $1.50 (represents a -88.74% downside from RIGL’s last price of $13.32) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
RIGL Price Target
RIGL Analyst Ratings
Rigel Pharmaceuticals Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 17, 2022 | - | Piper Sandler | $2.00 | $1.56 | 28.21% | -84.98% |
Jun 08, 2022 | Eun Yang | Jefferies | $1.00 | $0.71 | 41.04% | -92.49% |
Rigel Pharmaceuticals Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $13.32 | $13.32 | $13.32 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 03, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Aug 07, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Dec 02, 2022 | Citigroup | - | Buy | Upgrade |
Aug 18, 2022 | H.C. Wainwright | Buy | Buy | Hold |
Aug 16, 2022 | Piper Sandler | Neutral | Neutral | Hold |
Jun 09, 2022 | BMO Capital | Outperform | Outperform | Hold |
Jun 08, 2022 | Jefferies | - | Buy | Downgrade |
Jun 08, 2022 | H.C. Wainwright | Buy | Buy | Hold |
Rigel Pharmaceuticals Financial Forecast
Rigel Pharmaceuticals Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $28.13M | $26.89M | $26.07M | $51.28M | $22.41M | - | $16.73M | $20.41M | $21.54M | $26.27M | $81.02M | $18.45M | $18.39M | $16.02M | $55.76M | $15.40M | $20.86M | $10.41M | $12.62M | $37.86M | $4.87M |
Avg Forecast | $50.90M | $49.40M | $46.55M | $43.25M | $47.70M | $41.94M | $33.42M | $31.47M | $34.10M | $27.20M | $25.70M | $24.07M | $36.52M | $22.61M | $23.65M | $17.58M | $21.90M | $23.56M | $20.37M | $30.85M | $18.37M | $17.24M | $13.75M | $56.71M | $15.66M | $11.96M | $9.28M | $11.72M | $37.86M | $5.21M |
High Forecast | $55.84M | $54.20M | $51.07M | $47.45M | $52.33M | $44.77M | $36.66M | $34.53M | $37.41M | $29.84M | $28.20M | $26.41M | $40.07M | $24.80M | $23.65M | $18.42M | $22.94M | $24.69M | $21.34M | $32.32M | $19.25M | $18.06M | $14.41M | $59.42M | $16.40M | $12.53M | $9.72M | $12.28M | $45.43M | $6.25M |
Low Forecast | $45.80M | $44.45M | $41.89M | $38.92M | $42.92M | $38.88M | $30.07M | $28.32M | $30.69M | $24.47M | $23.13M | $21.66M | $32.87M | $20.34M | $23.65M | $16.55M | $20.61M | $22.18M | $19.17M | $29.04M | $17.30M | $16.22M | $12.94M | $53.38M | $14.74M | $11.26M | $8.74M | $11.03M | $30.29M | $4.17M |
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 16 |
Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 1.05% | 1.08% | 1.40% | 0.99% | - | 0.95% | 0.93% | 0.91% | 1.29% | 2.63% | 1.00% | 1.07% | 1.17% | 0.98% | 0.98% | 1.74% | 1.12% | 1.08% | 1.00% | 0.93% |
Rigel Pharmaceuticals EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 16 |
EBITDA | - | - | - | - | - | - | - | - | - | $-4.46M | $-5.27M | $-11.97M | $3.83M | $-17.97M | - | $-26.00M | $-21.00M | $-19.51M | $-12.77M | $41.99M | $-18.60M | $-13.58M | $-17.06M | $21.56M | $-16.69M | $-11.32M | $-20.43M | $-17.43M | $3.39M | $-23.61M |
Avg Forecast | $-19.46M | $-18.89M | $-17.80M | $-16.54M | $-18.24M | $-16.03M | $-12.78M | $-26.97M | $-13.04M | $-10.40M | $-9.83M | $-24.52M | $-13.97M | $-19.74M | $-9.04M | $-22.29M | $-8.37M | $-15.61M | $-16.26M | $-11.80M | $-7.03M | $-18.11M | $-21.00M | $21.56M | $-12.52M | $-15.43M | $-23.35M | $-20.12M | $3.39M | $-25.18M |
High Forecast | $-17.51M | $-17.00M | $-16.02M | $-14.88M | $-16.41M | $-14.87M | $-11.50M | $-21.58M | $-11.73M | $-9.36M | $-8.84M | $-19.61M | $-12.57M | $-15.80M | $-9.04M | $-17.83M | $-7.88M | $-12.49M | $-13.01M | $-11.10M | $-6.61M | $-14.49M | $-16.80M | $25.87M | $-10.02M | $-12.34M | $-18.68M | $-16.09M | $4.07M | $-20.14M |
Low Forecast | $-21.35M | $-20.72M | $-19.53M | $-18.14M | $-20.01M | $-17.12M | $-14.02M | $-32.36M | $-14.30M | $-11.41M | $-10.78M | $-29.42M | $-15.32M | $-23.69M | $-9.04M | $-26.75M | $-8.77M | $-18.73M | $-19.51M | $-12.36M | $-7.36M | $-21.73M | $-25.19M | $17.24M | $-15.02M | $-18.52M | $-28.02M | $-24.14M | $2.71M | $-30.22M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.43% | 0.54% | 0.49% | -0.27% | 0.91% | - | 1.17% | 2.51% | 1.25% | 0.79% | -3.56% | 2.65% | 0.75% | 0.81% | 1.00% | 1.33% | 0.73% | 0.88% | 0.87% | 1.00% | 0.94% |
Rigel Pharmaceuticals Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 16 |
Net Income | - | - | - | - | - | - | - | - | - | $-5.69M | $-6.60M | $-14.35M | $723.00K | $-19.67M | - | $-28.63M | $-22.64M | $-20.95M | $-13.82M | $39.50M | $-19.24M | $-14.17M | $-17.58M | $21.24M | $-17.20M | $-11.49M | $-20.61M | $-17.60M | $3.23M | $-23.77M |
Avg Forecast | $1.40M | $2.11M | $2.46M | $1.32M | $3.28M | $1.03M | $-5.13M | $-28.46M | $-3.58M | $-12.46M | $-13.69M | $-25.88M | $-16.62M | $-21.20M | $-214.94M | $-23.52M | $-22.13M | $-16.76M | $-17.59M | $711.00M | $-19.53M | $-18.90M | $-21.63M | $21.24M | $-12.90M | $-15.67M | $-23.55M | $-20.31M | $3.23M | $-25.35M |
High Forecast | $1.58M | $2.37M | $2.77M | $1.48M | $3.69M | $25.65M | $-4.46M | $-22.77M | $-1.19M | $-10.84M | $-11.91M | $-20.70M | $-14.45M | $-16.96M | $-214.94M | $-18.82M | $-20.44M | $-13.41M | $-14.07M | $853.20M | $-18.04M | $-15.12M | $-17.31M | $25.49M | $-10.32M | $-12.53M | $-18.84M | $-16.24M | $3.87M | $-20.28M |
Low Forecast | $1.22M | $1.83M | $2.14M | $1.14M | $2.85M | $-21.55M | $-5.77M | $-34.16M | $-5.96M | $-14.03M | $-15.42M | $-31.05M | $-18.71M | $-25.44M | $-214.94M | $-28.23M | $-23.50M | $-20.11M | $-21.11M | $568.80M | $-20.75M | $-22.68M | $-25.96M | $16.99M | $-15.48M | $-18.80M | $-28.26M | $-24.37M | $2.58M | $-30.42M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.46% | 0.48% | 0.55% | -0.04% | 0.93% | - | 1.22% | 1.02% | 1.25% | 0.79% | 0.06% | 0.98% | 0.75% | 0.81% | 1.00% | 1.33% | 0.73% | 0.88% | 0.87% | 1.00% | 0.94% |
Rigel Pharmaceuticals SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 16 |
SG&A | - | - | - | - | - | - | - | - | - | $24.86M | $26.31M | $27.73M | $32.17M | $25.90M | - | $27.40M | $24.52M | $22.88M | $22.38M | $22.12M | $21.82M | $17.43M | $18.92M | $18.43M | $18.31M | $18.12M | $18.21M | $19.95M | $21.37M | $18.07M |
Avg Forecast | $44.98M | $43.66M | $41.14M | $38.22M | $42.16M | $37.06M | $29.53M | $28.42M | $30.14M | $24.04M | $22.72M | $21.27M | $32.28M | $19.98M | $20.91M | $15.53M | $19.35M | $18.30M | $18.00M | $27.27M | $16.24M | $15.23M | $12.15M | $18.43M | $13.73M | $10.57M | $8.20M | $10.36M | $21.37M | $4.61M |
High Forecast | $49.35M | $47.90M | $45.13M | $41.93M | $46.25M | $39.57M | $32.40M | $34.10M | $33.06M | $26.37M | $24.92M | $23.34M | $35.41M | $21.92M | $20.91M | $16.28M | $20.28M | $21.96M | $18.86M | $28.57M | $17.01M | $15.96M | $12.73M | $22.12M | $16.48M | $11.07M | $8.59M | $10.85M | $25.64M | $5.53M |
Low Forecast | $40.48M | $39.29M | $37.02M | $34.39M | $37.93M | $34.37M | $26.58M | $22.73M | $27.12M | $21.63M | $20.44M | $19.14M | $29.05M | $17.98M | $20.91M | $14.62M | $18.22M | $14.64M | $16.95M | $25.67M | $15.29M | $14.34M | $11.44M | $14.74M | $10.99M | $9.95M | $7.72M | $9.75M | $17.10M | $3.69M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 1.16% | 1.30% | 1.00% | 1.30% | - | 1.76% | 1.27% | 1.25% | 1.24% | 0.81% | 1.34% | 1.14% | 1.56% | 1.00% | 1.33% | 1.71% | 2.22% | 1.93% | 1.00% | 3.92% |
Rigel Pharmaceuticals EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 16 |
EPS | - | - | - | - | - | - | - | - | - | $-0.03 | $-0.04 | $-0.08 | - | $-0.11 | - | $-0.17 | $-0.13 | $-0.12 | $-0.08 | $0.23 | $-0.11 | $-0.08 | $-0.10 | $0.13 | $-0.10 | $-0.07 | $-0.12 | $-0.11 | $0.02 | $-0.14 |
Avg Forecast | $0.08 | $0.12 | $0.14 | $0.07 | $0.19 | $0.06 | $-0.29 | $-0.29 | $-0.20 | $-0.71 | $-0.78 | $-0.96 | $-0.95 | $-1.32 | $-1.23 | $-0.14 | $-0.13 | $-0.10 | $-0.11 | - | $-0.11 | $-0.12 | $-0.13 | $0.13 | $-0.08 | $-0.11 | $-0.14 | $-0.13 | $0.03 | $-0.16 |
High Forecast | $0.09 | $0.14 | $0.16 | $0.08 | $0.21 | $1.46 | $-0.25 | $-0.25 | $-0.07 | $-0.62 | $-0.68 | $-0.83 | $-0.82 | $-1.15 | $-1.23 | $-0.13 | $-0.12 | $-0.09 | $-0.10 | $0.01 | $-0.10 | $-0.11 | $-0.12 | $0.14 | $-0.07 | $-0.10 | $-0.13 | $-0.12 | $0.04 | $-0.13 |
Low Forecast | $0.07 | $0.10 | $0.12 | $0.07 | $0.16 | $-1.23 | $-0.33 | $-0.32 | $-0.34 | $-0.80 | $-0.88 | $-1.08 | $-1.07 | $-1.49 | $-1.23 | $-0.15 | $-0.13 | $-0.11 | $-0.12 | - | $-0.12 | $-0.13 | $-0.14 | $0.12 | $-0.09 | $-0.12 | $-0.15 | $-0.14 | $0.02 | $-0.19 |
Surprise % | - | - | - | - | - | - | - | - | - | 0.05% | 0.05% | 0.09% | -0.00% | 0.08% | - | 1.24% | 1.03% | 1.20% | 0.73% | 47.09% | 0.98% | 0.66% | 0.75% | 0.99% | 1.23% | 0.64% | 0.87% | 0.86% | 0.67% | 0.88% |
Rigel Pharmaceuticals Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
EFTR | eFFECTOR Therapeutics | $0.04 | $5.50 | 13650.00% | Buy |
ELEV | Elevation Oncology | $0.63 | $9.00 | 1328.57% | Buy |
RVPH | Reviva Pharmaceuticals | $1.35 | $10.00 | 640.74% | Buy |
XFOR | X4 Pharmaceuticals | $0.65 | $3.67 | 464.62% | Buy |
IMMX | Immix Biopharma | $1.97 | $7.00 | 255.33% | Buy |
ABOS | Acumen Pharmaceuticals | $2.22 | $7.00 | 215.32% | Buy |
INZY | Inozyme Pharma | $4.98 | $14.00 | 181.12% | Buy |
DAWN | Day One Biopharmaceuticals | $14.20 | $38.80 | 173.24% | Buy |
CDTX | Cidara Therapeutics | $11.44 | $24.00 | 109.79% | Buy |
LPTX | Leap Therapeutics | $2.81 | $5.50 | 95.73% | Buy |
TERN | Terns Pharmaceuticals | $7.81 | $12.50 | 60.05% | Buy |
MREO | Mereo BioPharma Group | $4.32 | $6.75 | 56.25% | Buy |
ZURA | Zura Bio | $3.62 | $5.00 | 38.12% | Buy |
VECT | VectivBio | $16.87 | $18.00 | 6.70% | Buy |
NBRV | Nabriva Therapeutics | $1.42 | $1.00 | -29.58% | - |
RIGL | Rigel Pharmaceuticals | $13.32 | $1.50 | -88.74% | Buy |
RIGL Forecast FAQ
Is Rigel Pharmaceuticals a good buy?
Yes, according to 5 Wall Street analysts, Rigel Pharmaceuticals (RIGL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of RIGL's total ratings.
What is RIGL's price target?
Rigel Pharmaceuticals (RIGL) average price target is $1.5 with a range of $1 to $2, implying a -88.74% from its last price of $13.32. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rigel Pharmaceuticals stock go up soon?
According to Wall Street analysts' prediction for RIGL stock, the company can go down by -88.74% (from the last price of $13.32 to the average price target of $1.5), down by -84.98% based on the highest stock price target, and down by -92.49% based on the lowest stock price target.
Can Rigel Pharmaceuticals stock reach $20?
RIGL's average twelve months analyst stock price target of $1.5 does not support the claim that Rigel Pharmaceuticals can reach $20 in the near future.
What are Rigel Pharmaceuticals's analysts' financial forecasts?
Rigel Pharmaceuticals's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $154.53M (high $168.29M, low $140.2M), average EBITDA is $-74.02M (high $-64.353M, low $-83.508M), average net income is $-29.288M (high $2.11M, low $-58.631M), average SG&A $137.17M (high $152.32M, low $121.61M), and average EPS is $-0.335 (high $1.17, low $-1.719). RIGL's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $190.1M (high $208.55M, low $171.06M), average EBITDA is $-72.687M (high $-65.406M, low $-79.742M), average net income is $7.28M (high $8.2M, low $6.33M), average SG&A $168.01M (high $184.31M, low $151.18M), and average EPS is $0.415 (high $0.467, low $0.361).
Did the RIGL's actual financial results beat the analysts' financial forecasts?
Based on Rigel Pharmaceuticals's last annual report (Dec 2023), the company's revenue was $116.88M, beating the average analysts forecast of $111.08M by 5.22%. Apple's EBITDA was $-20.491M, missing the average prediction of $-57.785M by -64.54%. The company's net income was $-25.091M, missing the average estimation of $-55.603M by -54.88%. Apple's SG&A was $105.74M, beating the average forecast of $98.17M by 7.71%. Lastly, the company's EPS was $-0.14, missing the average prediction of $-2.652 by -94.72%. In terms of the last quarterly report (Sep 2023), Rigel Pharmaceuticals's revenue was $28.13M, beating the average analysts' forecast of $27.2M by 3.44%. The company's EBITDA was $-4.465M, missing the average prediction of $-10.4M by -57.07%. Rigel Pharmaceuticals's net income was $-5.692M, missing the average estimation of $-12.458M by -54.31%. The company's SG&A was $24.86M, beating the average forecast of $24.04M by 3.40%. Lastly, the company's EPS was $-0.0326, missing the average prediction of $-0.71 by -95.41%