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LEGN
Volume: 941.27K

Legend Biotech (LEGN) Stock Forecast & Price Target

Legend Biotech (LEGN) Analyst Ratings

Based on 10 analyst ratings
Buy
Strong Buy 30%
Buy 60%
Hold 10%
Sell 0%
Strong Sell 0%

Bulls say

Legend Biotech Corp is experiencing a positive trajectory in sales, particularly with CARVYKTI, which reported a consistent quarterly increase in revenue, achieving $597 million in 1Q26, underscoring its strong market position. Despite a recent stock pullback, the firm’s early-line market potential remains largely untapped, presenting significant growth opportunities as CARVYKTI continues to scale. Additionally, advancements in treatment methodologies, including improved bridging therapies and proactive management of adverse events, enhance the therapeutic profile of Legend's offerings and support a favorable outlook.

Bears say

The financial outlook for Legend Biotech exhibits several concerning factors that contribute to a negative assessment of its stock. Key issues include significant payor pushback against pricing for its CAR-T treatments and increasing competition from other clinical-stage CAR-T therapies, which threaten the long-term market potential for its leading product, Carvykti. Moreover, the company faces substantial operational risks such as supply constraints, delays in clinical development, and reliance on its partnership with Janssen, which may hinder future growth and further undermine stakeholder confidence.

Legend Biotech (LEGN) has been analyzed by 10 analysts, with a consensus rating of Buy. 30% of analysts recommend a Strong Buy, 60% recommend Buy, 10% 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 10 analysts, Legend Biotech (LEGN) has a Buy consensus rating as of Apr 23, 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 $60.60, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $60.60, 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: 941.27K

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