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LEGN
Volume: 2.83M

Legend Biotech (LEGN) Stock Forecast & Price Target

Legend Biotech (LEGN) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 22%
Buy 67%
Hold 11%
Sell 0%
Strong Sell 0%

Bulls say

Legend Biotech is well positioned for success in the biotechnology market, particularly with their novel cell therapy product candidate, LCAR-B38M/JNJ-4528. Their recent financial report shows strong revenue growth, with a majority coming from the US. Their upcoming data presentation at EHA and anticipated first in vivo CD19/20 CAR-T patient dataset are potential catalysts for continued growth and differentiation from competitors. While there are risks involved, such as potential manufacturing bottlenecks and competition in the market, the overall outlook for Legend Biotech is positive.

Bears say

Legend Biotech is a clinical-stage company with a promising pipeline centered around its CAR-T therapy, Carvykti, for the treatment of multiple myeloma. However, with a current market cap of $2 billion, they are significantly overvalued compared to their recent partnership deal with Janssen and there remain potential risks around safety and commercialization for their other pipeline products. Additionally, the company's lack of diversification and heavy focus on just one therapy could leave them vulnerable in the volatile biopharmaceutical market.

Legend Biotech (LEGN) has been analyzed by 9 analysts, with a consensus rating of Buy. 22% of analysts recommend a Strong Buy, 67% recommend Buy, 11% 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 Jun 27, 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 $62.22, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $62.22, 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: 2.83M

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