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

Analyst price target for LEGN

Based on 8 analysts offering 12 month price targets for Legend Biotech Corp.
Min Forecast
$60.00+41.34%
Avg Forecast
$78.38+84.63%
Max Forecast
$94.00+121.44%

Should I buy or sell LEGN stock?

Based on 8 analysts offering ratings for Legend Biotech Corp.
Strong Buy
Strong Buy
4 analysts 50%
Buy
4 analysts 50%
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%2024-06-06
lockedlocked$00.00+00.00%2024-05-23
lockedlocked$00.00+00.00%2024-05-14
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-03
UBS
Top 30%
71
Strong BuyMaintains$81.00+90.81%2024-03-18Find out why
Raymond James
Bottom 22%
22
BuyInitiates Coverage On$86.00+102.59%2024-03-13
Barclays
Top 29%
72
Strong BuyMaintains$94.00+121.44%2024-01-24

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Forecast return on equity

Is LEGN forecast to generate an efficient return?
Company
138.56%
Industry
76.4%
Market
82.5%
LEGN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LEGN forecast to generate an efficient return on assets?
Company
90.86%
Industry
31.02%
LEGN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LEGN earnings per share forecast

What is LEGN's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
-$1.93
Avg 2 year Forecast
-$0.54
Avg 3 year Forecast
$1.65

LEGN revenue forecast

What is LEGN's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$510.0M+48.77%
Avg 2 year Forecast
$1.1B+212.37%
Avg 3 year Forecast
$1.7B+399.83%
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
70.38%
Industry
35.11%
Market
9.94%
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$42.45$78.38+84.63%Strong Buy
CERE$41.54$45.00+8.34%Hold
ROIV$10.69$17.57+64.37%Strong Buy
PCVX$72.94$96.00+31.62%Strong Buy
ASND$127.64$187.75+47.09%Strong Buy

Legend Biotech Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NASDAQ: LEGN) stock is to Strong Buy LEGN stock.

Out of 8 analysts, 4 (50%) are recommending LEGN as a Strong Buy, 4 (50%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: LEGN) Legend Biotech's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 13.88%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.82%.

Legend Biotech's earnings in 2024 is -$465,946,000.On average, 8 Wall Street analysts forecast LEGN's earnings for 2024 to be -$700,830,452, with the lowest LEGN earnings forecast at -$836,790,759, and the highest LEGN earnings forecast at -$509,350,897. On average, 8 Wall Street analysts forecast LEGN's earnings for 2025 to be -$195,990,949, with the lowest LEGN earnings forecast at -$574,838,869, and the highest LEGN earnings forecast at $436,586,483.

In 2026, LEGN is forecast to generate $599,578,770 in earnings, with the lowest earnings forecast at -$43,658,648 and the highest earnings forecast at $1,608,093,545.

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

(NASDAQ: LEGN) Legend Biotech's forecast annual revenue growth rate of 70.38% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 35.11%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.94%.

Legend Biotech's revenue in 2024 is $342,798,000.On average, 7 Wall Street analysts forecast LEGN's revenue for 2024 to be $185,541,978,749, with the lowest LEGN revenue forecast at $161,261,585,330, and the highest LEGN revenue forecast at $209,852,569,399. On average, 7 Wall Street analysts forecast LEGN's revenue for 2025 to be $389,575,214,154, with the lowest LEGN revenue forecast at $334,716,303,480, and the highest LEGN revenue forecast at $494,070,369,702.

In 2026, LEGN is forecast to generate $623,370,550,092 in revenue, with the lowest revenue forecast at $517,479,045,444 and the highest revenue forecast at $791,822,350,972.

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

(NASDAQ: LEGN) forecast ROA is 90.86%, which is higher than the forecast US Biotechnology industry average of 31.02%.

What is LEGN's Price Target?

According to 8 Wall Street analysts that have issued a 1 year LEGN price target, the average LEGN price target is $78.38, with the highest LEGN stock price forecast at $94.00 and the lowest LEGN stock price forecast at $60.00.

On average, Wall Street analysts predict that Legend Biotech's share price could reach $78.38 by Jun 6, 2025. The average Legend Biotech stock price prediction forecasts a potential upside of 84.63% from the current LEGN share price of $42.45.

What is LEGN's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: LEGN) Legend Biotech's current Earnings Per Share (EPS) is -$2.58. On average, analysts forecast that LEGN's EPS will be -$1.93 for 2024, with the lowest EPS forecast at -$2.30, and the highest EPS forecast at -$1.40. On average, analysts forecast that LEGN's EPS will be -$0.54 for 2025, with the lowest EPS forecast at -$1.58, and the highest EPS forecast at $1.20. In 2026, LEGN's EPS is forecast to hit $1.65 (min: -$0.12, max: $4.42).

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

(NASDAQ: LEGN) forecast ROE is 138.56%, which is considered strong.
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