LIGAND PHARMACEUTICALS INC
LGNDAbout the company
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma.
Investment snapshot
Positive
2
BUY / PASS
Neutral / negative
3 / 11
NEUTRAL / FAIL
Median fair value
$72.39
-76.6% vs price
Models with upside
0 / 17
Positive margin of safety
Strongest signal
5 of 8 pass — Graham, Lynch and Dreman object
Key risk
No clean pass — all 13 investors flag at least one valuation criterion
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | FAIL · Rank #1774 (Top 57.3%) | PASS | FAIL | FAIL | FAIL | FAIL | FAIL | PASS | FAIL | NEUTRAL | NEUTRAL | FAIL | FAIL | NEUTRAL |
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| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||
| Margin of Safety | -268.1% | -230.3% | -202.4% | -7600.5% | N/A | -597.8% | -591.1% | -142.2% | -422.3% | -326.6% | -251.5% | -911.1% | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Annual history · FY 2025 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 · TTM ended 2026-09-30 vs 2025-09-30 · TTM ended 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | TTM ended 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-02-27 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-02-27 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Qualitative assessment Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 · Balance sheet at 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-02-27 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 Latest source filing: 2026-10-30 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-10-30 Score computed: 2026-11-14 |
Where It Passes
- Growth63% pass✓ 8✗ 5▾
5 of 8 pass — Graham, Lynch and Dreman object
EPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)3.02✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR16.7%✓Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthInv: 21.9% vs Rev: 1.0%✗LynchInventory growth < Revenue growthEPS Growth Direction✗DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency12/19 years positive✓MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth27.3%✓Ackman>= 5%Positive EPS Growth Frequency3/5 years with positive EPS growth✓AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR16.7% CAGR over 4 years✓Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendrevenue up, operating margin 9.1% -> 15.3%✓SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR10.4%✓SleepCAGR > 7%3-5 Year Diluted EPS CAGR16.7% over 4 years✓Neff7%-20% annualized
Where It Falls Short
- Valuation0% pass✓ 1✗ 27▾
No clean pass — all 13 investors flag at least one valuation criterion
Price / 3-yr avg EPS104.7x✗Graham<= 15xPrice-to-Book Ratio6.1x✗Graham<= 1.5xP/E x P/B633.60✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)3.02✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise Value0.3%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=0.3%, ROC=4.8%✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS50.4x✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)124.8x✗Dreman< 8xPrice / Book Value per Share6.1x✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessP/E=50.4x, OE Yield=2.6%✗MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldP/E=50.4x, FCF Yield=0.8%✗PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/E=50.4x, P/B=6.1x✗MarksP/E < 15 or P/B < 2.0Discount to Intrinsic Value-597.8% (IV=$44.25 vs Price=$308.79)✗Marks>= 20% below intrinsic valuePrice / FCF per Share125.9x✗Ackman<= 25Price vs. Trailing Low302% of trailing low ($102.19)✗Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization+0.83%; #3022/6340 (top 47.7%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization+0.1557; #4434/6449 (top 68.8%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS50.4x✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per Share8.92x✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change+15.6%✓SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+0.0411; #4628/5247 (top 88.2%)✗OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization+1.47%; #2330/4519 (top 51.6%)✗OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date+33.12%; #954/6202 (top 15.4%)✗OshaughnessyTop 10% of eligible cross-section - Efficiency0% pass✓ 1✗ 10▾
No clean pass — all 8 investors flag at least one efficiency criterion
Current Ratio1.22✗Graham>= 2.0ROIC (3-5 yr avg)2.1%✗Buffett> 10%ROIC - WACC-7.9%✗BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)4.8%✗Greenblatt> 25%Current Ratio Change YoY8.93 -> 22.23✓PiotroskiIncreased YoYRevenue / Total Assets Change YoY0.18x -> 0.17x✗PiotroskiImproved YoYCurrent Assets / Current Liabilities1.22✗Dreman> 1.5Return on Invested Capital0.9%✗Munger> 15%ROIC (high and growing)FY2023: ROIC=1.3%; FY2024: ROIC=-2.2%; FY2025: ROIC=3.2%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROIC3.2% (RR=100% x ROIC=3.2%)✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)0/5 years above 12% (latest 3.2%)✗SleepROIC > 12% in a majority of years - Valuation models0% pass✗ 11▾
LGND overvalued: all 11 models price fair value below $308.79 (median $72.39)
Graham fair value$83.88✗Graham-268.1% margin vs $308.79Buffett fair value$93.50✗Buffett-230.3% margin vs $308.79Lynch fair value$102.10✗Lynch-202.4% margin vs $308.79Greenblatt fair value$4.01✗Greenblatt-7600.5% margin vs $308.79Dreman fair value$44.25✗Dreman-597.8% margin vs $308.79Munger fair value$44.68✗Munger-591.1% margin vs $308.79Pabrai fair value$127.50✗Pabrai-142.2% margin vs $308.79Akre fair value$59.12✗Akre-422.3% margin vs $308.79Marks fair value$72.39✗Marks-326.6% margin vs $308.79Ackman fair value$87.86✗Ackman-251.5% margin vs $308.79Templeton fair value$30.54✗Templeton-911.1% margin vs $308.79 - Debt & Leverage8% pass✓ 1✗ 14▾
11 of 12 flag LGND's debt & leverage — Graham, Buffett, Lynch +8 more
LT Debt vs Net Current AssetsLT Debt $679.9M vs NCA $107.7M✗GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: 1.17, IC: 2.9x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / Equity1.17✗Lynch< 0.33Cash - Long-term Debt$-624.0M✗LynchPositive preferredLT Debt / Total Assets Change0.00% -> 0.00%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities1.22✗Dreman> 1.5✗SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity1.17✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00xDebt Levels1.17✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=2.9x, D/EBITDA=19.1x✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity1.17✗Ackman<= 1.0Negative debt-to-equity (higher means less debt)-1.1731; #3385/4210 (top 80.4%)✗AsnessTop 30% of eligible cross-section - Verdicts14% pass✓ 2✗ 12▾
Split decision: 11 FAIL · 3 NEUTRAL · 2 PASS
Overall verdict✗GrahamFAIL (1/9)✗BuffettFAIL (2/9)✗LynchFAIL (2/7)✗GreenblattRank #1774✓PiotroskiPASS (F-Score 5)✗DremanFAIL (2/11)✗MungerFAIL (0/4)✗PabraiFAIL (0/3)✗AkreFAIL (1/6)✗MarksFAIL (2/5)✓AckmanPASS (4/9)✗TempletonFAIL (3/8)•SleepNEUTRAL (4/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (3/6)✗SchlossFAIL (1/7)•OshaughnessyNEUTRAL (Not ranked) - Profitability19% pass✓ 11✗ 24▾
13 of 16 flag LGND's profitability — Graham, Buffett, Lynch +10 more
Positive EPS (10 years)11/26 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthNet Income Positive (10+ years)12/26 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)4.1%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)15.3% (latest)✓BuffettStable or rising over 10 yearsFree Cash Flow Proxy$157.8M✓BuffettPositive and growingEarnings Variance (10-yr CoV)✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)3.02✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR16.7%✓Lynch15-30% (Fast Grower); > 0% to passROE5.4%✗Lynch> 15%EBIT / Enterprise Value0.3%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=0.3%, ROC=4.8%✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets7.97%✓PiotroskiROA > 0ROA Change YoY-0.43% -> 7.97% (delta: +8.40%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=3.16%, ROA=7.97%✗PiotroskiCFO/Assets > ROAGross Margin Change YoY✗PiotroskiImproved YoYPre-Tax Income / Revenue20.8%✓Dreman>= 8%Net Income / Shareholders' Equity5.4%✗Dreman> 12%Margin of SafetyP/E=50.4x, P/B=6.1x✗PabraiP/B < 1.5 or P/E < 15Return on Equity6.4% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic Value-597.8% (IV=$44.25 vs Price=$308.79)✗Marks>= 20% below intrinsic valuePositive Net Income Frequency12/19 years positive✓MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue9.5%✗Ackman>= 15%Net Income / Shareholders Equity5.4%✗Ackman>= 15%5-Year EPS CAGR16.7% CAGR over 4 years✓Templeton> 0% (5-year EPS CAGR)Operating Margin Trend9.1% (2023) -> 15.3% (2025)✓TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendrevenue up, operating margin 9.1% -> 15.3%✓SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization+0.83%; #3022/6340 (top 47.7%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets✗AsnessTop 30% of eligible cross-sectionNet income / positive book equity+5.35%; #2420/5226 (top 46.3%)✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.0460; #2466/5884 (top 41.9%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR16.7% over 4 years✓Neff7%-20% annualizedPositive Diluted-EPS Years6/10 years positive✗Schloss>= 70% positive over 5-10 observed years (app rule) - Cash Flow50% pass✓ 6✗ 6▾
5 of 10 pass — Piotroski, Dreman, Pabrai +2 more object
Free Cash Flow Proxy$157.8M✓BuffettPositive and growingFCF Positive and Growing$90.6M✓LynchPositive and growingOperating Cash Flow$49.4M✓PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=3.16%, ROA=7.97%✗PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)124.8x✗Dreman< 8xP/E or FCF YieldP/E=50.4x, FCF Yield=0.8%✗PabraiP/E < 15 or FCF Yield > 10%FCF Positive12/17 years FCF positive✓MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap1.5%✗Ackman>= 4%Price / FCF per Share125.9x✗Ackman<= 25Positive Operating Cash Flow frequency16/20 years positive✓SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures$90.6M✓Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization+1.47%; #2330/4519 (top 51.6%)✗OshaughnessyTop 10% of eligible cross-section
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Issued 3.6% of shares last year, 12.6% issued over two.
- Buybacks
- $15.0M
- Dividends
- —
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, net income, operating income, ebit, pre tax income, interest expense, operating cash flow, depreciation amortization, capex, buybacks. | Q3 FY 2026 2026-07-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex, buybacks. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.2Bcurrent | -- | -- | -- | $3.8Best. | $2.2Best. | $1.3Best. | $1.2Best. | $1.3Best. |
| Revenue | $253.8M↑1% | $78.7M↓32% | $63.7M↑34% | $51.7M↑14% | $268.1M↑60% | $167.1M↑27% | $131.3M↓33% | $196.2M↓19% | $241.5M |
| Operating Income | $24.0M↑37% | -$15.8M↓129% | $8.6M↑2% | $17.4M↑148% | $41.0M↑281% | -$22.6M↓289% | $11.9M↑293% | $3.0M↓97% | $103.9M |
| Net Income | $51.5M↑6% | -$28.5M↓124% | $48.5M↑901% | -$13.3M↑69% | $124.5M↑3187% | -$4.0M↓108% | $52.2M↑256% | -$33.4M↓158% | $57.1M |
| EPS (Diluted) | -- | $-1.43↓125% | $2.22↑825% | $-0.67↑70% | $6.13↑2886% | $-0.22↓107% | $2.94↑248% | $-1.98↓160% | $3.31 |
| Gross Margin | — | — | — | — | — | — | — | — | — |
| Operating Margin | 9.5%↑36% | -20.0%↓142% | 13.5%↓24% | 33.6%↑142% | 15.3%↑213% | -13.5%↓249% | 9.1%↑488% | 1.5%↓96% | 43.0% |
| ROE | 5.4%↑5% | — | — | — | 12.2%↑2620% | -0.5%↓107% | 7.4%↑233% | -5.6%↓180% | 7.0% |
| Total Debt | $1.1B | $1.1B | $1.1B↑4694042% | -- | $50.0K↓32% | $73.0K↑284% | $19.0K↓100% | $76.7M↓76% | $320.7M |
| Shareholders' Equity | $961.8M↑1% | $961.8M↑1% | $967.5M↑17% | $997.3M↑25% | $1.0B↑22% | $830.4M↑18% | $700.9M↑17% | $597.5M↓27% | $821.2M |
| Current Ratio | 1.22↓95% | 1.22↓95% | 31.18↑472% | 21.28↑304% | 22.23↑149% | 8.93↓37% | 14.15↑430% | 2.67↓76% | 11.15 |
| Debt / Equity | 1.17 | 1.17 | 1.16↑4019712% | — | 0.00↓44% | 0.00↑224% | 0.00↓100% | 0.13↓67% | 0.39 |
| Operating Cash Flow | $91.0M↑185% | -$27.6M↓311% | $24.0M↑52% | $48.7M↑291% | $49.4M↓49% | $97.0M↑96% | $49.6M↓64% | $137.8M↑75% | $78.8M |
| Free Cash Flow | $90.6M↑195% | -$27.7M↓312% | $24.0M↑54% | $48.5M↑289% | $48.9M↓49% | $95.2M↑107% | $46.1M↓62% | $119.9M↑71% | $70.0M |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Pharmaceutical Products
LGND vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merck & Co., Inc.MRK | $364.3B | $147.76 | $65.0B | $18.3B | 34.7% | 0.94 | — | 1.54 | 2/9 | 5/9 | 4/7 | 0/3 | F-Score 4 | 1/11 |
| ABBOTT LABORATORIESABT | $188.0B | $108.52 | $44.3B | $6.5B | 12.5% | 0.25 | 18.2% | 1.58 | 3/9 | 4/9 | 2/7 | 1/3 | F-Score 5 | 3/11 |
| BRISTOL MYERS SQUIBB COBMY | $129.7B | $63.43 | $48.2B | $7.1B | 38.2% | 2.44 | 19.4% | 1.26 | 2/9 | 1/9 | 3/7 | 1/3 | F-Score 8 | 5/11 |
| BIO-TECHNE CorpTECH | $11.4B | $72.80 | $1.2B | $73.4M | 3.8% | — | 8.4% | 3.46 | 4/9 | 3/9 | 3/7 | 0/3 | F-Score 5 | 4/11 |
| REPLIGEN CORPRGEN | $10.7B | $167.79 | $738.3M | $48.9M | 2.3% | 0.26 | 7.5% | 8.37 | 3/9 | 2/9 | 3/7 | 0/3 | F-Score 7 | 5/11 |
| IONIS PHARMACEUTICALS INCIONS | $4.8B | $29.06 | $943.7M | $381.4M | -78.0% | 3.60 | -40.4% | 3.83 | 3/9 | 1/9 | 1/7 | 0/3 | F-Score 4 | 3/11 |
| NEOGEN CORPNEOG | $2.5B | $11.23 | $870.4M | $7.9M | -0.4% | 0.76 | -2.5% | 3.82 | 3/9 | 1/9 | 2/7 | 0/3 | F-Score 6 | 4/11 |
| Pharvaris N.V.PHVS | $2.4B | $33.36 | — | $206.4M | -64.8% | 0.00 | — | — | 0/9 | 0/9 | 2/7 | 0/3 | F-Score 2 | 2/11 |