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NASDAQ:LEGN

Legend Biotech (LEGN) Stock Price, News & Analysis

Legend Biotech logo
$17.03 -0.64 (-3.62%)
As of 11:15 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Legend Biotech Stock (NASDAQ:LEGN)

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Key Stats

Today's Range
$17.08
$18.04
50-Day Range
$17.67
$27.87
52-Week Range
$16.24
$37.50
Volume
856,190 shs
Average Volume
2.44 million shs
Market Capitalization
$3.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.14
Consensus Rating
Hold

Company Overview

Legend Biotech Corporation (NASDAQ: LEGN) is a global biotechnology company focused on developing, manufacturing and commercializing novel cell therapies for the treatment of cancer and other serious diseases. The company’s work centers primarily on chimeric antigen receptor T-cell (CAR-T) therapies designed to harness a patient’s immune system to recognize and attack cancer cells.

Legend Biotech’s lead product is CARVYKTI (ciltacabtagene autoleucel), a B-cell maturation antigen (BCMA)-directed CAR-T therapy for certain adults with relapsed or refractory multiple myeloma. CARVYKTI was developed through a strategic collaboration with Janssen Biotech, part of Johnson & Johnson, which supports the product’s global development and commercialization. Legend also maintains a pipeline of investigational cell therapies targeting additional hematologic malignancies and solid tumors.

Founded in 2014, Legend Biotech has operations spanning the United States, China and other international markets, with activities covering research, clinical development, regulatory support and cell-therapy manufacturing. The company is headquartered in Somerset, New Jersey. Its leadership includes Ying Huang, Ph.D., who serves as chief executive officer and has guided the company’s expansion as it advances its cell-therapy platform and commercial operations.

AI Generated. May Contain Errors.

Legend Biotech Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

LEGN MarketRank™: 

Legend Biotech scored higher than 70% of companies evaluated by MarketBeat, and ranked 222nd out of 903 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Legend Biotech has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on no strong buy ratings, 8 buy ratings, 6 hold ratings, and 1 sell rating.

  • Upside Potential

    Legend Biotech has a consensus price target of $53.14, representing about 200.8% upside from its current price of $17.67.

  • Amount of Analyst Coverage

    Legend Biotech has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Legend Biotech's stock forecast and price target.
  • Earnings Growth

    Earnings for Legend Biotech are expected to grow in the coming year, from ($0.05) to $1.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Legend Biotech is -70.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Legend Biotech is -70.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Legend Biotech has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Legend Biotech's valuation and earnings.
  • Percentage of Shares Shorted

    8.50% of the float of Legend Biotech has been sold short.
  • Short Interest Ratio / Days to Cover

    Legend Biotech has a short interest ratio ("days to cover") of 9.03.
  • Change versus previous month

    Short interest in Legend Biotech has recently decreased by 7.57%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Legend Biotech does not currently pay a dividend.

  • Dividend Growth

    Legend Biotech does not have a long track record of dividend growth.

  • News Sentiment

    Legend Biotech has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Legend Biotech this week, compared to 4 articles on an average week.
  • Search Interest

    Only 3 people have searched for LEGN on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Legend Biotech to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Legend Biotech insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $82,265.00 in company stock.

  • Percentage Held by Insiders

    0.02% of the stock of Legend Biotech is held by insiders.

  • Percentage Held by Institutions

    70.89% of the stock of Legend Biotech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Legend Biotech's insider trading history.
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LEGN Stock News Headlines

Legend Biotech Appoints Ingrid Zhang as CEO
NNVC on Alert: FDA Validation and Outperform Rating!
NanoViricides (NYSE: NNVC) just landed FDA Rare Pediatric Disease Designation for NV-387 in Measles, adding to its existing Orphan Drug Designation and opening a path toward a Priority Review Voucher, assets that have recently sold for around 195 million dollars. Noble Capital Markets initiated coverage with an Outperform rating and a 6 dollar price target, citing NNVC's broad-spectrum nanoviricide technology and its potential across Measles, MPox, Smallpox, and Ebola, where a Phase II trial is advancing in the Democratic Republic of Congo.tc pixel
Legend Biotech taps Novartis veteran Zhang as CEO
Legend Biotech Appoints Ingrid Zhang as Chief Executive Officer
Barclays Sticks to Its Buy Rating for Legend Biotech (LEGN)
RBC Capital Sticks to Its Buy Rating for Legend Biotech (LEGN)
See More Headlines

LEGN Stock Analysis - Frequently Asked Questions

Legend Biotech's stock was trading at $21.74 at the beginning of the year. Since then, LEGN shares have decreased by 18.7% and is now trading at $17.67.

Legend Biotech Corporation Sponsored ADR (NASDAQ:LEGN) issued its earnings results on Tuesday, August, 11th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The business's revenue for the quarter was up 51.9% compared to the same quarter last year.
Read the conference call transcript
.

Legend Biotech (LEGN) raised $350 million in an IPO on Friday, June 5th 2020. The company issued 18,425,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley, J.P. Morgan Securities and Jefferies acted as the underwriters for the IPO.

Legend Biotech's top institutional shareholders include Montanova Capital LLC (3.81%), Assenagon Asset Management S.A. (1.03%), Squarepoint Ops LLC (0.40%) and Tidal Investments LLC (0.12%).
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Legend Biotech investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/11/2026
Today
9/16/2026
Next Earnings (Estimated)
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:LEGN
CIK
1801198
Fax
N/A
Employees
2,965
Year Founded
2014

Price Target and Rating

High Price Target
$74.00
Low Price Target
$24.00
Potential Upside/Downside
+203.7%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.25)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$296.80 million
Net Margins
-7.21%
Pretax Margin
-4.42%
Return on Equity
-8.71%
Return on Assets
-5.40%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.04
Quick Ratio
2.94

Sales & Book Value

Annual Sales
$1.03 billion
Price / Sales
3.30
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$5.43 per share
Price / Book
3.22

Miscellaneous

Outstanding Shares
193,770,000
Free Float
193,730,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
0.40

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This page (NASDAQ:LEGN) was last updated on 9/16/2026 by MarketBeat.com Staff.
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