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LEGN
Volume: 2.53M

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 is a promising investment opportunity due to its strong position in the rapidly advancing field of CAR-T cell therapies. The company's flagship product, Carvykti (cilta-cel), has already generated over $2B in annual sales and has a potential peak sales estimate of $5B+. With partnerships with major players like Johnson & Johnson, Legend has significant room for growth in the expanding market for CAR-T treatments. Risks include potential supply constraints and failure to meet clinical expectations, but the recent pullback in the stock price presents a buying opportunity for investors.

Bears say

Legend Biotech is a clinical-stage biopharmaceutical company with a high valuation despite a lack of approved products and limited success in replicating the meteoric results of its initial CAR-T clinical program. With its high price-to-sales ratio and the potential for Payor pushback on pricing, there is a significant risk that Legend will not be able to achieve the necessary sales volumes to justify its current valuation, making it a highly risky investment.

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 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 $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: 2.53M

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