Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) is 1 of the Best Performing Affordable Stocks Under $40. On January 12, Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) released its preliminary results for the 4th fourth of 2025 and besides provided its 2026 outlook.
Although the institution is acceptable to merchandise its authoritative results connected March 3, the preliminary information suggests that the 4th fourth gross volition beryllium astir $69.8 million, compared to $57.6 cardinal for the aforesaid play of 2024. Moreover, absorption expects 4th fourth 2025 gross merchandise income of $84.5 million, driven by TAVALISSE nett merchandise income of $45.6 million, GAVRETO nett merchandise income of $10.2 million, and REZLIDHIA nett merchandise income of $9.6 million.
For the afloat year, Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) expects to present astir $294.3 cardinal successful revenue, up from $179.3 cardinal successful 2024. Looking ahead, absorption projects 2026 full gross successful the scope of $275 cardinal to $290 million.
That said, Wall Street is bullish connected Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) aft the release. On January 13, Joseph Pantginis from H.C. Wainwright reiterated a Buy standing connected the banal with a $57 terms target.
Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) is simply a clinical-stage biotechnology institution that discovers and develops targeted, caller drugs successful oncology, immunology, and immune oncology. Its merchandise portfolio includes Tavalisse, Fostamatinib, and R835.
While we admit the imaginable of RIGL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.

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