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LEGN
Volume: 1.53M
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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 stock outlook is positively influenced by the significant growth in the CAR T market, which expanded from only 60 infusions in 2016 to an impressive 4,721 in 2023. The company's product, Carvykti, has demonstrated strong sales performance, averaging 32% quarter-over-quarter growth over the past 12 quarters, exceeding the projected 25% growth. Additionally, the increasing capacity of community physicians to administer CAR T therapies, rising from 29% to 47% between the respective periods, suggests substantial market expansion opportunities for Legend Biotech's offerings.

Bears say

Legend Biotech Corp's stock is facing challenges due to lagging performance, primarily attributed to investors' concerns about the commercial uptake of its product, Carvykti, in the competitive BCMA CAR T therapy landscape. With anticipated competition from Arcellx's anito-cel expected to enter the market in 2026, there is a significant risk of long-term erosion of Carvykti's market share. Furthermore, the overall slow growth in FACT-accredited sites may hinder the company's capacity to expand its product's reach and revenue potential.

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 15, 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 $69.11, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $69.11, 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: 1.53M

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