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Legend Biotech (LEGN) Stock Forecast & Price Target

Legend Biotech (LEGN) Analyst Ratings

Based on 8 analyst ratings
Buy
Strong Buy 38%
Buy 63%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Legend Biotech Corp demonstrates a robust growth trajectory within the CAR T therapy market, evidenced by an increase in infusions from 60 in 2016 to 4,721 in 2023. The company has consistently outperformed sales expectations for its product Carvykti, achieving an average quarter-over-quarter sales growth of 32% over the past 12 quarters, which surpasses earlier estimates of 25%. Furthermore, an increasing proportion of community physicians authorized to administer CAR T therapies, rising from 29% to 47%, indicates a growing acceptance and accessibility of these therapies, which could drive future revenue growth and demand for Legend Biotech's offerings.

Bears say

Legend Biotech's stock has experienced poor performance as investors express concerns regarding the commercial uptake of its product, Carvykti, particularly in the second-line treatment setting, amidst escalating competition in the BCMA CAR T landscape. The anticipated entry of competitor anito-cel by Arcellx and Kite/Gilead in 2026 is projected to diminish Carvykti's market share significantly. Additionally, a slowdown in the growth of FACT-accredited sites could further hinder the company's expansion and revenue potential in the near future.

Legend Biotech (LEGN) has been analyzed by 8 analysts, with a consensus rating of Buy. 38% of analysts recommend a Strong Buy, 63% 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 8 analysts, Legend Biotech (LEGN) has a Buy consensus rating as of Nov 4, 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 $70.62, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $70.62, 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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