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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 robust growth trajectory in the CAR T market, with an impressive increase in infusions from 60 in 2016 to 4,721 in 2023, highlighting the expanding acceptance and utilization of such therapies. The company’s product, Carvykti, has outperformed growth estimates with an average quarterly growth rate of 32% over the past 12 quarters, exceeding the 25% projected growth rate. Additionally, by strategically targeting community centers to enhance accessibility and support referrals to academic sites, Legend Biotech is positioned to capitalize on the increasing proportion of community physicians capable of administering CAR T therapies, which rose significantly from 29% to 47% over a recent two-year period.

Bears say

Legend Biotech's stock has shown weak performance due to concerns regarding the commercial uptake of its product, Carvykti, particularly in the second-line treatment setting amidst increasing competition from emerging therapies. The anticipated entry of Arcellx's anito-cel, a competitor in the BCMA CAR T market, expected in 2026, poses a significant threat to Carvykti's long-term market share. Additionally, the overall slower growth of FACT-accredited sites may hinder the expansion of Legend Biotech's market presence and revenue generation opportunities.

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 Nov 26, 2025. 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 $73.44, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $73.44, 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)


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