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LEGN
Volume: 4.37M

Legend Biotech (LEGN) Stock Forecast & Price Target

Legend Biotech (LEGN) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 33%
Buy 67%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Legend Biotech Corp has demonstrated a substantial growth trajectory within the CAR T therapy market, with the number of infusions escalating from 60 in 2016 to 4,721 in 2023, indicating strong market adoption and demand. The consistent 32% quarter-over-quarter sales growth of Carvykti, which surpasses initial projected growth estimates, reflects the company's effective commercialization strategies and ability to capture market share, particularly in community settings. Furthermore, ongoing clinical trials, such as CARTITUDE-5 and CARTITUDE-6, have the potential to expand the market opportunity for Carvykti significantly, alongside a strategic expansion of manufacturing capacity, positioning Legend Biotech favorably for continued revenue growth.

Bears say

Legend Biotech Corp has faced significant stock underperformance, declining 38% year-to-date, primarily due to investor concerns regarding the commercial uptake of its CAR-T therapy, Carvykti, in a competitive landscape. The anticipated entry of competing therapies, particularly Gilead's anito-cel in 2026, is likely to pressure Carvykti's long-term market share, which could further dampen revenue growth forecasts. Additionally, potential payor pushback against one-time CAR-T pricing and an unfavorable reimbursement environment create risks that could substantially limit the overall market opportunity for Carvykti.

Legend Biotech (LEGN) has been analyzed by 9 analysts, with a consensus rating of Buy. 33% of analysts recommend a Strong Buy, 67% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Legend Biotech and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Legend Biotech (LEGN) Forecast

Analysts have given Legend Biotech (LEGN) a Buy based on their latest research and market trends.

According to 9 analysts, Legend Biotech (LEGN) has a Buy consensus rating as of Jan 10, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $68.67, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $68.67, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Legend Biotech (LEGN)

Volume: 4.37M

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