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NASDAQ: LEGN
Legend Biotech Corp Stock Forecast, Predictions & Price Target

Analyst price target for LEGN

Based on 7 analysts offering 12 month price targets for Legend Biotech Corp.
Min Forecast
$65.00+43.9%
Avg Forecast
$82.86+83.43%
Max Forecast
$94.00+108.1%

Should I buy or sell LEGN stock?

Based on 7 analysts offering ratings for Legend Biotech Corp.
Strong Buy
Strong Buy
3 analysts 42.86%
Buy
4 analysts 57.14%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LEGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-03
lockedlocked$00.00+00.00%2024-03-18Find Out Why
lockedlocked$00.00+00.00%2024-03-13
RBC Capital
Bottom 9%
9
BuyReiterates$85.00+88.18%2024-03-12
Barclays
Top 33%
68
Strong BuyMaintains$94.00+108.10%2024-01-24

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Forecast return on equity

Is LEGN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is LEGN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

LEGN revenue forecast

What is LEGN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$574.5M+101.47%
Avg 2 year Forecast
$1.2B+309.86%
Avg 3 year Forecast
$1.8B+541.96%
LEGN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LEGN revenue growth forecast

How is LEGN forecast to perform vs Biotechnology companies and vs the US market?
Company
85.32%
Industry
37.5%
Market
10.08%
LEGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LEGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LEGN vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
LEGN$45.17$82.86+83.43%Strong Buy
ASND$143.18$181.86+27.01%Strong Buy
ROIV$10.90$17.11+56.98%Strong Buy
CERE$41.90$44.13+5.31%Hold
EXEL$23.71$27.17+14.58%Buy

Legend Biotech Stock Forecast FAQ

Is Legend Biotech Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: LEGN) stock is to Strong Buy LEGN stock.

Out of 7 analysts, 3 (42.86%) are recommending LEGN as a Strong Buy, 4 (57.14%) are recommending LEGN as a Buy, 0 (0%) are recommending LEGN as a Hold, 0 (0%) are recommending LEGN as a Sell, and 0 (0%) are recommending LEGN as a Strong Sell.

If you're new to stock investing, here's how to buy Legend Biotech stock.

What is LEGN's revenue growth forecast for 2024-2026?

(NASDAQ: LEGN) Legend Biotech's forecast annual revenue growth rate of 85.32% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.5%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Legend Biotech's revenue in 2024 is $285,143,000.On average, 6 Wall Street analysts forecast LEGN's revenue for 2024 to be $209,007,774,555, with the lowest LEGN revenue forecast at $163,719,931,050, and the highest LEGN revenue forecast at $237,721,339,885. On average, 6 Wall Street analysts forecast LEGN's revenue for 2025 to be $425,194,486,175, with the lowest LEGN revenue forecast at $318,344,310,375, and the highest LEGN revenue forecast at $555,156,095,087.

In 2026, LEGN is forecast to generate $665,975,933,482 in revenue, with the lowest revenue forecast at $569,490,684,606 and the highest revenue forecast at $848,251,153,874.

What is LEGN's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: LEGN) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is LEGN's Price Target?

According to 7 Wall Street analysts that have issued a 1 year LEGN price target, the average LEGN price target is $82.86, with the highest LEGN stock price forecast at $94.00 and the lowest LEGN stock price forecast at $65.00.

On average, Wall Street analysts predict that Legend Biotech's share price could reach $82.86 by Apr 23, 2025. The average Legend Biotech stock price prediction forecasts a potential upside of 83.43% from the current LEGN share price of $45.17.

What is LEGN's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: LEGN) forecast ROE is N/A, which is considered weak.
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