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LEGN
Volume: 3.48K

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 a promising clinical-stage biopharmaceutical company with a strong revenue stream from its product candidate, LCAR-B38M/JNJ-4528, a chimeric antigen receptor T cell therapy for the treatment of multiple myeloma. Its recent earnings report showed strong sales growth and expansion into the community. The company has a promising pipeline of in vivo programs and potential for revenue growth in the future. However, risks include competition, clinical and regulatory challenges, and the need for significant capital to support product development.

Bears say

Legend Biotech is a clinical-stage biopharmaceutical company that faces significant risks, including production bottlenecks, competition in the CAR-T market, reliance on a single product for revenue, and a high-risk pipeline. Despite recently reporting strong uptake and distribution for their product Carvykti, the company remains unprofitable and carries a high valuation compared to recent CAR-T company acquisitions. Additionally, there are concerns about the durability of their in vivo CAR T pipeline, and investors should closely examine data from upcoming medical conferences for potential entry points into the stock.

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 May 19, 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 $60.44, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $60.44, 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)

Volume: 3.48K

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