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LEGN
Volume: 1.16M

Legend Biotech (LEGN) Stock Forecast & Price Target

Legend Biotech (LEGN) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 11%
Buy 44%
Hold 44%
Sell 0%
Strong Sell 0%

Bulls say

Legend Biotech is a leading biopharmaceutical company that specializes in the discovery and development of novel cell therapies for oncology, with a focus on multiple myeloma. Their flagship product, Carvykti, has been deemed a potential $5B+ drug and is expected to reach peak sales of $6B by 2035. The company has a strong financial backing from their collaboration partner, Janssen/JNJ, and has achieved profitability, indicating their potential for continued growth. Some potential risks to consider include increasing competition and the need for significant capital to continue the development of their clinical programs.

Bears say

Legend Biotech is facing financial struggles, with a negative outlook from a financial analyst due to lingering concerns about accounting standards and SEC compliance. Additionally, current valuations do not align with potential market success, as dominant multiple myeloma drugs such as Revlimid and Darzalex have sold upwards of $13B and $8B respectively, indicating potential growth for Carvykti. However, lentivirus concerns continue to pose a potential barrier for the company's autoimmune relevance and overall success in the highly competitive biopharmaceutical market.

Legend Biotech (LEGN) has been analyzed by 9 analysts, with a consensus rating of Buy. 11% of analysts recommend a Strong Buy, 44% recommend Buy, 44% 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 Aug 29, 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 $50.11, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $50.11, 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: 1.16M

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