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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's product, LCAR-B38M/JNJ-4528, is positioned in a rapidly expanding market for CAR T cell therapies, which has seen a significant increase in infusions from 60 in 2016 to 4,721 in 2023. The company's flagship therapy, Carvykti, has demonstrated robust sales growth, averaging 32% QoQ over the past 12 quarters, which surpasses prior growth estimates of 25%. Additionally, the increasing capability of community physicians to administer CAR T therapies, rising from 29% to 47%, suggests a broader adoption and accessibility of these treatments, supporting Legend Biotech's strategic focus on both short-term and long-term growth.

Bears say

Legend Biotech's stock performance has shown a notable decline as investors are concerned about the commercial uptake of its product, Carvykti, particularly in the second-line treatment setting, amidst increasing competitive pressures in the BCMA CAR T cell therapy market. The anticipated entry of Arcellx's anito-cel into the market in 2026 is poised to further dilute Carvykti's market share, raising uncertainties around its long-term viability. Additionally, slower growth in the number of accredited treatment sites may hinder the overall expansion of its market presence, presenting further challenges to Legend Biotech's revenue growth prospects.

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 Dec 5, 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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