$24.10
12.24% yesterday
Nasdaq, Nov 15, 10:02 pm CET
ISIN
US7665596034
Symbol
RIGL
Sector
Industry

Rigel Pharmaceuticals, Inc. Target price 2024 - Analyst rating & recommendation

Rigel Pharmaceuticals, Inc. Classifications & Recommendation:

Buy
33%
Hold
67%

Rigel Pharmaceuticals, Inc. Price Target

Target Price $29.17
Price $24.10
Potential
Number of Estimates 6
6 Analysts have issued a price target Rigel Pharmaceuticals, Inc. 2025 . The average Rigel Pharmaceuticals, Inc. target price is $29.17. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 2 Analysts recommend Rigel Pharmaceuticals, Inc. to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Rigel Pharmaceuticals, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Rigel Pharmaceuticals, Inc. stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 116.88 169.11
2.79% 44.69%
EBITDA Margin -16.47% 7.62%
62.80% 146.27%
Net Margin -21.70% 2.99%
335.70% 113.78%

6 Analysts have issued a sales forecast Rigel Pharmaceuticals, Inc. 2024 . The average Rigel Pharmaceuticals, Inc. sales estimate is

$169m
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. This is
7.39% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$171m 8.85%
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, the lowest is
$166m 5.56%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $117m 2.79%
2024
$169m 44.69%
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2025
$194m 14.42%
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2026
$226m 16.86%
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2027
$244m 8.02%
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2028
$262m 7.44%
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2 Analysts have issued an Rigel Pharmaceuticals, Inc. EBITDA forecast 2024. The average Rigel Pharmaceuticals, Inc. EBITDA estimate is

$12.9m
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. This is
12.91% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$13.2m 15.48%
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, the lowest is
$12.6m 10.33%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-19.3m 63.84%
2024
$12.9m 166.98%
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2025
$28.0m 117.12%
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2026
$56.7m 102.48%
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EBITDA Margin

2023 -16.47% 62.80%
2024
7.62% 146.27%
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2025
14.47% 89.90%
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2026
25.07% 73.26%
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6 Rigel Pharmaceuticals, Inc. Analysts have issued a net profit forecast 2024. The average Rigel Pharmaceuticals, Inc. net profit estimate is

$5.1m
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. This is
30.61% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$9.2m 136.44%
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, the lowest is
$1.6m 59.22%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-25.4m 323.53%
2024
$5.1m 119.95%
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2025
$17.2m 240.12%
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2026
$33.7m 95.87%
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2027
$28.0m 16.94%
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2028
$25.4m 9.43%
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Net Margin

2023 -21.70% 335.70%
2024
2.99% 113.78%
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2025
8.89% 197.32%
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2026
14.91% 67.72%
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2027
11.46% 23.14%
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2028
9.66% 15.71%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.44 0.29
323.53% 120.14%
P/E 83.86
EV/Sales 2.51

6 Analysts have issued a Rigel Pharmaceuticals, Inc. forecast for earnings per share. The average Rigel Pharmaceuticals, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.29
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. This is
31.82% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.52 136.36%
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, the lowest is
$0.09 59.09%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-1.44 323.53%
2024
$0.29 120.14%
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2025
$0.98 237.93%
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2026
$1.91 94.90%
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2027
$1.59 16.75%
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2028
$1.44 9.43%
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P/E ratio

Current 111.27 2,011.86%
2024
83.86 24.63%
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2025
24.66 70.59%
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2026
12.59 48.95%
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2027
15.16 20.41%
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2028
16.74 10.42%
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Based on analysts' sales estimates for 2024, the Rigel Pharmaceuticals, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.69 151.40%
2024
2.51 6.87%
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2025
2.19 12.61%
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2026
1.87 14.42%
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2027
1.73 7.42%
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2028
1.61 6.92%
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P/S ratio

Current 2.70 150.22%
2024
2.51 6.88%
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2025
2.19 12.60%
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2026
1.88 14.43%
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2027
1.74 7.43%
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2028
1.62 6.92%
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