Rigel Pharmaceuticals prelim Q4 revenue beats estimates

Rigel Pharmaceuticals

12/01/2026 13:16

Overview

Biotechnology firm's preliminary Q4 revenue beats analyst expectations

Net product sales for Q4  expected to be $65.4 million, grew compared to the same period last year

Company anticipates positive net income for full year 2026

Outlook

Rigel anticipates 2026 total revenue of $275 to $290 mln

Company expects net product sales of $255 to $265 mln in 2026

Result Drivers

PRODUCT SALES GROWTH - Rigel reported net product sales of $65.4 mln for Q4 2025, up from $46.5 mln in Q4 2024, driven by increased sales of TAVALISSE, GAVRETO, and REZLIDHIA

CONTRACT REVENUE CONTRIBUTION - Q4 2025 contract revenues were $4.4 mln, including collaborations with Grifols, Kissei, and Medison Pharma

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$69.80 mln
$66.44 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the pharmaceuticals peer group is "buy"

Wall Street's median 12-month price target for Rigel Pharmaceuticals Inc is $46.00, about 12.6% above its January 9 closing price of $40.84

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nPn9HwhFca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)