Rigel Pharmaceuticals, Inc. logo RIGL - Rigel Pharmaceuticals, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $67.00 DETAILS
HIGH: $85.00
LOW: $49.00
MEDIAN: $67.00
CONSENSUS: $67.00
UPSIDE: 43.01%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 71.2% below fair value
Current Price $46.85
Bear Case $103.79 121.5% upside ($103.79 - $46.85) / $46.85 = 121.5% 9% stage 1 growth, 11% discount
Fair Value $162.84 247.6% upside ($162.84 - $46.85) / $46.85 = 247.6% 16% stage 1 growth, 11% discount
Bull Case $229.72 390.3% upside ($229.72 - $46.85) / $46.85 = 390.3% 20% stage 1 growth, 11% discount

Adjust Assumptions

15.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (16% base case)

Terminal Value % of EV 43%
Implied Market Multiple 8.7x
Market is pricing in (growth) -2.6% vs our 15.7% base

Plain-Language Summary

Using a two-stage FCF DCF with 16% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $162.84 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (15 analysts) $67.00
Analyst Range $49.00 – $85.00
Divergence from AlphaVal 143%

Warnings

Wall Street's average price target is $67.00 (from 15 analysts). Our estimate is 143% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions