RIGL Chart
About

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 to treat 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 (NSCLC), as well as to treat adult and pediatric patients twelve years of age and older with advanced or metastatic RET fusion-positive thyroid cancer. It also develops R289, an oral interleukin receptor-associated kinases 1 and 4 (IRAK1/4) inhibitor for the treatment of hematology-oncology, autoimmune, and inflammatory diseases, as well as to treat lower-risk myelodysplastic syndrome. In addition, the company has product candidates in clinical development with partners BerGenBio ASA, Eli Lilly and Company, and Daiichi Sankyo. It has strategic development collaboration with The University of Texas MD Anderson Cancer Center for the development of Olutasidenib in AML and other hematologic cancers with IDH1mutations, as well as with collaborative network for neuro-oncology clinical trials to evaluate Olutasidenib in combination with temozolomide in patients with high-grade glioma harboring an IDH1 mutation. Rigel Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in South San Francisco, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 622.41M
Enterprise Value 550.14M Income 113.30M Sales 282.08M
Book/sh 6.48 Cash/sh 7.56 Dividend Yield —
Payout 0.00% Employees 162 IPO —
P/E 5.54 Forward P/E 8.64 PEG —
P/S 2.21 P/B 5.29 P/C —
EV/EBITDA 4.53 EV/Sales 1.95 Quick Ratio 1.94
Current Ratio 2.28 Debt/Eq 51.77 LT Debt/Eq —
EPS (ttm) 6.19 EPS next Y 3.97 EPS Growth 108.60%
Revenue Growth 25.60% Earnings 2026-03-03 ROA 38.93%
ROE 220.06% ROIC — Gross Margin 83.09%
Oper. Margin 40.91% Profit Margin 40.17% Shs Outstand 18.15M
Shs Float 17.86M Short Float 21.10% Short Ratio 7.71
Short Interest — 52W High 52.24 52W Low 15.50
Beta 1.09 Avg Volume 455.46K Volume 65.11K
Target Price $51.60 Recom None Prev Close $34.51
Price $34.29 Change -0.64%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$51.60
Mean price target
2. Current target
$34.29
Latest analyst target
3. DCF / Fair value
$61.29
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$34.29
Low
$38.00
High
$71.00
Mean
$51.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-05 up Jefferies Hold → Buy $42
2025-11-05 main Cantor Fitzgerald Neutral → Neutral $38
2025-10-08 reit HC Wainwright & Co. Buy → Buy $57
2025-08-06 main Cantor Fitzgerald Neutral → Neutral $32
2025-05-07 main Cantor Fitzgerald Neutral → Neutral $23
2025-03-06 main Citigroup Buy → Buy $55
2025-03-05 main B. Riley Securities Neutral → Neutral $24
2025-03-05 reit HC Wainwright & Co. Buy → Buy $57
2025-01-23 reit HC Wainwright & Co. Buy → Buy $57
2025-01-22 reit HC Wainwright & Co. Buy → Buy $57
2025-01-14 reit HC Wainwright & Co. Buy → Buy $57
2024-12-10 main Cantor Fitzgerald Neutral → Neutral $25
2024-12-10 main B. Riley Securities Neutral → Neutral $20
2024-12-10 reit HC Wainwright & Co. Buy → Buy $57
2024-12-06 main B. Riley Securities Neutral → Neutral $27
2024-11-14 main Piper Sandler Neutral → Neutral $23
2024-11-12 main Citigroup Buy → Buy $49
2024-10-25 reit HC Wainwright & Co. Buy → Buy $57
2024-08-09 main HC Wainwright & Co. Buy → Buy $57
2024-06-25 reit HC Wainwright & Co. Buy → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 4000 96000.0 — Conversion of Exercise of derivative security at price 24.00 per share. MOOS WALTER H Director — 2026-02-20 00:00:00 D
1 4000 145440.0 — Sale at price 36.36 per share. MOOS WALTER H Director — 2026-02-20 00:00:00 D
2 53915 — — Stock Award(Grant) at price 0.00 per share. RODRIGUEZ RAUL R Chief Executive Officer — 2026-02-17 00:00:00 D
3 20636 — — Stock Award(Grant) at price 0.00 per share. SCHORNO DEAN L Chief Financial Officer — 2026-02-17 00:00:00 D
4 19497 — — Stock Award(Grant) at price 0.00 per share. FUREY RAYMOND J General Counsel — 2026-02-17 00:00:00 D
5 19430 — — Stock Award(Grant) at price 0.00 per share. SANTOS DAVID A Officer — 2026-02-17 00:00:00 D
6 18894 — — Stock Award(Grant) at price 0.00 per share. ROJKJAER LISA Officer — 2026-02-17 00:00:00 D
7 80000 2192000.0 — Conversion of Exercise of derivative security at price 27.40 per share. RODRIGUEZ RAUL R Chief Executive Officer — 2026-01-26 00:00:00 D
8 6500 139786.0 — Conversion of Exercise of derivative security at price 18.70 - 24.20 per share. SCHORNO DEAN L Chief Financial Officer — 2025-12-22 00:00:00 D
9 2500 — — Stock Award(Grant) at price 0.00 per share. MOOS WALTER H Director — 2025-05-23 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.00-1.32K-126.76K
TaxRateForCalcs0.050.000.000.04
NormalizedEBITDA28.51M-16.98M-52.55M-7.77M
TotalUnusualItems0.000.00-1.32M-3.52M
TotalUnusualItemsExcludingGoodwill0.000.00-1.32M-3.52M
NetIncomeFromContinuingOperationNetMinorityInterest17.48M-25.09M-58.57M-17.91M
ReconciledDepreciation2.23M1.24M998.00K1.16M
ReconciledCostOfRevenue18.65M7.11M1.75M1.08M
EBITDA28.51M-16.98M-53.87M-11.29M
EBIT26.28M-18.22M-54.87M-12.45M
NetInterestIncome-5.83M-4.60M-3.02M-4.81M
InterestExpense7.92M6.87M3.71M4.86M
InterestIncome2.09M2.27M684.00K47.00K
NormalizedIncome17.48M-25.09M-57.25M-14.52M
NetIncomeFromContinuingAndDiscontinuedOperation17.48M-25.09M-58.57M-17.91M
TotalExpenses155.09M137.37M174.47M158.21M
TotalOperatingIncomeAsReported24.19M-20.49M-55.55M-12.50M
DilutedAverageShares17.69M17.40M17.24M17.05M
BasicAverageShares17.58M17.40M17.24M17.05M
DilutedEPS0.99-1.44-3.40-1.10
BasicEPS0.99-1.44-3.40-1.10
DilutedNIAvailtoComStockholders17.48M-25.09M-58.57M-17.91M
NetIncomeCommonStockholders17.48M-25.09M-58.57M-17.91M
NetIncome17.48M-25.09M-58.57M-17.91M
NetIncomeIncludingNoncontrollingInterests17.48M-25.09M-58.57M-17.91M
NetIncomeContinuousOperations17.48M-25.09M-58.57M-17.91M
TaxProvision881.00K0.000.00605.00K
PretaxIncome18.37M-25.09M-58.57M-17.31M
OtherIncomeExpense-1.32M-3.52M
SpecialIncomeCharges0.000.00-1.32M-3.52M
RestructuringAndMergernAcquisition0.000.001.32M3.52M
NetNonOperatingInterestIncomeExpense-5.83M-4.60M-3.02M-4.81M
InterestExpenseNonOperating7.92M6.87M3.71M4.86M
InterestIncomeNonOperating2.09M2.27M684.00K47.00K
OperatingIncome24.19M-20.49M-54.23M-8.97M
OperatingExpense136.44M130.26M172.72M157.13M
ResearchAndDevelopment23.38M24.52M60.27M65.24M
SellingGeneralAndAdministration113.06M105.74M112.45M91.89M
GrossProfit160.63M109.77M118.49M148.15M
CostOfRevenue18.65M7.11M1.75M1.08M
TotalRevenue179.28M116.88M120.24M149.24M
OperatingRevenue244.30M159.65M152.05M167.41M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber17.71M17.48M17.34M17.16M
ShareIssued17.71M17.48M17.34M17.16M
NetDebt2.93M26.82M14.99M1.02M
TotalDebt59.97M60.58M41.55M30.57M
TangibleBookValue-23.81M-42.52M-28.57M30.37M
InvestedCapital62.97M30.96M25.83M50.29M
WorkingCapital71.80M46.00M50.69M90.91M
NetTangibleAssets-23.81M-42.52M-28.57M30.37M
CapitalLeaseObligations285.00K977.00K2.10M10.65M
CommonStockEquity3.29M-28.64M-13.62M30.37M
TotalCapitalization55.70M23.73M25.83M50.29M
TotalEquityGrossMinorityInterest3.29M-28.64M-13.62M30.37M
StockholdersEquity3.29M-28.64M-13.62M30.37M
GainsLossesNotAffectingRetainedEarnings10.00K8.00K-153.00K-102.00K
OtherEquityAdjustments10.00K8.00K-153.00K-102.00K
RetainedEarnings-1.39B-1.41B-1.38B-1.32B
AdditionalPaidInCapital1.39B1.38B1.37B1.35B
CapitalStock18.00K17.00K174.00K172.00K
CommonStock18.00K17.00K174.00K172.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest160.69M145.87M147.90M136.95M
TotalNonCurrentLiabilitiesNetMinorityInterest97.39M92.60M82.68M73.40M
OtherNonCurrentLiabilities44.98M39.94M42.26M52.73M
LongTermDebtAndCapitalLeaseObligation52.41M52.66M40.42M20.67M
LongTermCapitalLeaseObligation0.00285.00K972.00K759.00K
LongTermDebt52.41M52.37M39.45M19.91M
CurrentLiabilities63.30M53.27M65.21M63.55M
OtherCurrentLiabilities3.64M5.00M13.51M
CurrentDeferredLiabilities27.80M17.04M13.51M10.51M
CurrentDeferredRevenue27.80M17.04M13.51M10.51M
CurrentDebtAndCapitalLeaseObligation7.56M7.92M1.13M9.89M
CurrentCapitalLeaseObligation285.00K692.00K1.13M9.89M
CurrentDebt7.27M7.23M
OtherCurrentBorrowings7.27M7.23M
PensionandOtherPostRetirementBenefitPlansCurrent10.14M8.68M8.87M10.69M
PayablesAndAccruedExpenses17.81M15.99M36.70M18.95M
CurrentAccruedExpenses14.47M8.85M14.19M15.16M
Payables3.34M7.14M22.51M3.79M
AccountsPayable3.34M7.14M22.51M3.79M
TotalAssets163.98M117.22M134.28M167.33M
TotalNonCurrentAssets28.87M17.96M18.38M12.86M
OtherNonCurrentAssets1.44M3.06M640.00K974.00K
GoodwillAndOtherIntangibleAssets27.10M13.88M14.95M0.00
NetPPE338.00K1.03M2.79M11.89M
AccumulatedDepreciation-261.00K-1.70M-10.81M-14.55M
GrossPPE599.00K2.73M13.59M26.44M
Leases0.002.11M
ConstructionInProgress74.00K691.00K
OtherProperties446.00K2.37M9.44M21.86M
MachineryFurnitureEquipment153.00K363.00K2.05M3.89M
Properties0.000.00
CurrentAssets135.10M99.27M115.90M154.47M
OtherCurrentAssets10.16M6.26M8.26M7.41M
PrepaidAssets7.41M
Inventory6.00M5.52M9.12M6.62M
FinishedGoods1.90M1.31M
WorkInProcess2.66M162.00K
RawMaterials4.55M5.14M
Receivables41.62M30.55M40.32M15.47M
AccountsReceivable41.62M30.55M40.32M15.47M
AllowanceForDoubtfulAccountsReceivable-246.00K-180.00K
GrossAccountsReceivable41.86M30.73M
CashCashEquivalentsAndShortTermInvestments77.32M56.93M58.21M124.97M
OtherShortTermInvestments20.57M24.15M33.75M106.08M
CashAndCashEquivalents56.75M32.79M24.46M18.89M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow31.07M-20.74M-74.21M5.25M
RepurchaseOfCapitalStock-10.00M0.000.00
IssuanceOfDebt0.0019.95M19.54M0.00
CapitalExpenditure-396.00K-15.00M-450.00K-627.00K
InterestPaidSupplementalData7.04M5.85M2.50M1.50M
IncomeTaxPaidSupplementalData331.00K0.000.00
EndCashPosition56.75M32.79M24.46M18.89M
BeginningCashPosition32.79M24.46M18.89M30.37M
ChangesInCash23.96M8.33M5.57M-11.48M
FinancingCashFlow-11.64M18.37M6.55M62.67M
CashFlowFromContinuingFinancingActivities-11.64M18.37M6.55M62.67M
NetOtherFinancingCharges-3.60M-2.63M-15.12M57.90M
ProceedsFromStockOptionExercised1.96M1.05M2.12M4.78M
NetCommonStockIssuance-10.00M0.000.00
CommonStockPayments-10.00M0.000.00
NetIssuancePaymentsOfDebt0.0019.95M19.54M0.00
NetLongTermDebtIssuance0.0019.95M19.54M0.00
LongTermDebtIssuance0.0019.95M19.54M0.00
InvestingCashFlow4.13M-4.30M72.78M-80.04M
CashFlowFromContinuingInvestingActivities4.13M-4.30M72.78M-80.04M
NetInvestmentPurchaseAndSale4.43M10.44M72.33M-79.41M
SaleOfInvestment39.70M41.65M101.23M62.05M
PurchaseOfInvestment-35.27M-31.21M-28.89M-141.46M
NetIntangiblesPurchaseAndSale-360.00K-15.00M0.00
PurchaseOfIntangibles-360.00K-15.00M0.00
NetPPEPurchaseAndSale98.00K259.00K893.00K-627.00K
SaleOfPPE98.00K259.00K893.00K0.00
PurchaseOfPPE0.00-450.00K-627.00K
CapitalExpenditureReported-36.00K0.00-450.00K-627.00K
OperatingCashFlow31.47M-5.74M-73.76M5.88M
CashFlowFromContinuingOperatingActivities31.47M-5.74M-73.76M5.88M
ChangeInWorkingCapital153.00K9.52M-29.05M9.72M
ChangeInOtherWorkingCapital12.22M3.33M1.18M2.53M
ChangeInOtherCurrentLiabilities-692.00K-2.17M-13.08M-8.62M
ChangeInOtherCurrentAssets615.00K1.07M7.77M8.04M
ChangeInPayablesAndAccruedExpense1.75M-5.71M2.82M5.51M
ChangeInAccruedExpense5.55M-5.35M-967.00K5.47M
ChangeInPayable-3.80M-366.00K3.79M41.00K
ChangeInAccountPayable-3.80M-366.00K3.79M41.00K
ChangeInPrepaidAssets-3.44M2.05M-513.00K6.63M
ChangeInInventory764.00K1.17M-2.38M-4.88M
ChangeInReceivables-11.06M9.77M-24.85M501.00K
ChangesInAccountReceivables-11.06M9.77M-24.85M501.00K
OtherNonCashItems682.00K3.14M
StockBasedCompensation12.39M8.81M12.38M9.49M
AmortizationOfSecurities-709.00K-479.00K-63.00K287.00K
DepreciationAmortizationDepletion2.23M1.24M998.00K1.16M
DepreciationAndAmortization2.23M1.24M998.00K1.16M
OperatingGainsLosses-79.00K266.00K-138.00K
GainLossOnSaleOfPPE-79.00K266.00K-138.00K0.00
NetIncomeFromContinuingOperations17.48M-25.09M-58.57M-17.91M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RIGL
Date User Asset Broker Type Position Size Entry Price Patterns