
Legend Biotech (LEGN) Stock Forecast & Price Target
Legend Biotech (LEGN) Analyst Ratings
Bulls say
Legend Biotech Corp has demonstrated significant growth in its patient treatment metrics, with over 5,000 patients treated with CARVYKTI, reflecting a strong demand trajectory and expansion in treatment centers approved for administration. The anticipated addition of overall survival benefits to the CARVYKTI label by mid-2025 in Europe and late 2025 in the U.S. is likely to enhance its competitive positioning within the multiple myeloma therapy landscape. Furthermore, the company's strategic expansions into both second-line and first-line treatments, along with favorable market dynamics in the U.S. and international markets, support a robust financial outlook for Legend Biotech.
Bears say
Legend Biotech Corp faces significant risks impacting its financial outlook, including the inability to meet capacity expansion for CARVYKTI, which may exacerbate supply constraints. Additionally, there are concerns regarding delays in advancing pipeline candidates and generating favorable clinical data from ongoing programs, which could hinder future revenue growth. Furthermore, the company reported an estimated net loss of $56.3 million, highlighting persistent financial challenges and potential long-term dilution risks that may undermine investor confidence.
This aggregate rating is based on analysts' research of Legend Biotech and is not a guaranteed prediction by Public.com or investment advice.
Legend Biotech (LEGN) Analyst Forecast & Price Prediction
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