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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
66,000% upside on tiny biotech? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
66,000% upside on tiny biotech? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
66,000% upside on tiny biotech? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy

Legend Biotech (LEGN) Stock Forecast, Price & News

$68.00
+3.64 (+5.66%)
(As of 09/27/2023 ET)
Compare
Today's Range
$64.70
$68.66
50-Day Range
$63.16
$76.50
52-Week Range
$37.30
$77.32
Volume
638,821 shs
Average Volume
425,037 shs
Market Capitalization
$11.22 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$80.90

Legend Biotech MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
19.0% Upside
$80.90 Price Target
Short Interest
Bearish
4.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of Legend Biotech in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.60) to ($1.61) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

Medical Sector

903rd out of 976 stocks

Pharmaceutical Preparations Industry

419th out of 450 stocks


LEGN stock logo

About Legend Biotech (NASDAQ:LEGN) Stock

Legend Biotech Corporation, a clinical-stage biopharmaceutical company, through its subsidiaries, engages in the discovery, development, manufacturing, and commercialization of novel cell therapies for oncology and other indications in the United States, China, and internationally. Its lead product candidate, LCAR- B38M, is a chimeric antigen receptor for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including Non-Hodgkins Lymphoma, acute lymphoblastic leukemia , gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, hepatocellular carcinoma, small cell lung cancer, and non-small cell lung cancer. It has collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of ciltacabtagene autoleucel. Legend Biotech Corporation was founded in 2014 and is based in Somerset, New Jersey. Legend Biotech Corporation is a subsidiary of Genscript Biotech Corporation.

LEGN Price History

LEGN Stock News Headlines

Legend Biotech Co. (NASDAQ:LEGN) Short Interest Update
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Legend Biotech: Working On Supply Issues
Legend Biotech (LEGN) Receives a Buy from Barclays
Q2 2023 Legend Biotech Corp Earnings Call
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
BTIG Keeps Their Buy Rating on Legend Biotech (LEGN)
Piper Sandler Reaffirms Their Buy Rating on Legend Biotech (LEGN)
Expert Ratings for Legend Biotech
Legend Biotech's Story Is Still Playing Out
See More Headlines
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LEGN Company Calendar

Last Earnings
8/15/2023
Today
9/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:LEGN
Fax
N/A
Employees
1,390
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$80.90
High Stock Price Forecast
$92.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
15 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$117 million
Book Value
$4.54 per share

Miscellaneous

Free Float
165,034,000
Market Cap
$11.22 billion
Optionable
Not Optionable
Beta
0.02
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Key Executives

  • Dr. Ying Huang Ph.D. (Age 50)
    CEO & Director
  • Ms. Lori A. Macomber CPA (Age 52)
    Chief Financial Officer
  • Dr. Guowei Fang Ph.D.
    Chief Scientific Officer & Head of Bus. Devel.
  • Joanne Choi
    Sr. Mang. of Investor Relations
  • Deborah Wong
    Exec. Director of Strategic Marketing & Corp. Communications
  • Ms. Elaine Qian
    VP & Global Head of HR
  • Ms. Liz Gosen
    Sr. VP of Technical Operations
  • Dr. Yuhong Qiu Ph.D.
    Sr. VP of Global Regulatory Affairs
  • Mr. Steven J. Gavel
    Sr. VP of Commercial Devel., US & Europe
  • Mr. Alan Kick
    Sr. VP of Global Quality













LEGN Stock - Frequently Asked Questions

Should I buy or sell Legend Biotech stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Legend Biotech in the last twelve months. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LEGN shares.
View LEGN analyst ratings
or view top-rated stocks.

What is Legend Biotech's stock price forecast for 2023?

15 brokerages have issued 12 month price objectives for Legend Biotech's shares. Their LEGN share price forecasts range from $64.00 to $92.00. On average, they expect the company's share price to reach $80.90 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for LEGN
or view top-rated stocks among Wall Street analysts.

How have LEGN shares performed in 2023?

Legend Biotech's stock was trading at $49.92 at the start of the year. Since then, LEGN stock has increased by 36.2% and is now trading at $68.00.
View the best growth stocks for 2023 here
.

How were Legend Biotech's earnings last quarter?

Legend Biotech Co. (NASDAQ:LEGN) announced its earnings results on Tuesday, August, 15th. The company reported ($0.57) EPS for the quarter, missing analysts' consensus estimates of ($0.36) by $0.21. The business earned $73.30 million during the quarter, compared to the consensus estimate of $56.64 million. The business's revenue was up 510.8% on a year-over-year basis.

What other stocks do shareholders of Legend Biotech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Legend Biotech investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), CrowdStrike (CRWD), Lam Research (LRCX), ServiceNow (NOW), Peloton Interactive (PTON), QUALCOMM (QCOM), Applied Materials (AMAT), DocuSign (DOCU) and Etsy (ETSY).

When did Legend Biotech IPO?

(LEGN) raised $350 million in an initial public offering on Friday, June 5th 2020. The company issued 18,400,000 shares at $18.00-$20.00 per share. Morgan Stanley, J.P. Morgan Securities and Jefferies served as the underwriters for the IPO.

What is Legend Biotech's stock symbol?

Legend Biotech trades on the NASDAQ under the ticker symbol "LEGN."

Who are Legend Biotech's major shareholders?

Legend Biotech's stock is owned by a number of institutional and retail investors. Top institutional investors include RA Capital Management L.P. (3.79%), BlackRock Inc. (2.87%), Capital World Investors (1.45%), Polar Capital Holdings Plc (1.13%), Capital International Investors (1.13%) and Alliancebernstein L.P. (0.87%).

How do I buy shares of Legend Biotech?

Shares of LEGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Legend Biotech's stock price today?

One share of LEGN stock can currently be purchased for approximately $68.00.

How much money does Legend Biotech make?

Legend Biotech (NASDAQ:LEGN) has a market capitalization of $11.22 billion and generates $117 million in revenue each year.

How many employees does Legend Biotech have?

The company employs 1,390 workers across the globe.

How can I contact Legend Biotech?

Legend Biotech's mailing address is 2101 COTTONTAIL LANE, SOMERSET NJ, 08873. The official website for the company is www.legendbiotech.com. The company can be reached via phone at 732-317-5050 or via email at investor@legendbiotech.com.

This page (NASDAQ:LEGN) was last updated on 9/28/2023 by MarketBeat.com Staff

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