LEGN icon

Legend Biotech

34.29 USD
-0.43
1.24%
Updated Aug 28, 3:48 PM EDT
1 day
-1.24%
5 days
-4.00%
1 month
-17.39%
3 months
21.21%
6 months
-2.06%
Year to date
-1.27%
1 year
-39.48%
5 years
0.85%
10 years
-7.32%
 

About: Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America. The company generates revenue from License and Collaboration revenue.

Employees: 2,700

0
Funds holding %
of 7,442 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

170% more call options, than puts

Call options by funds: $27.4M | Put options by funds: $10.2M

24% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 29

22.25% more ownership

Funds ownership: 23.57% [Q1] → 45.82% (+22.25%) [Q2]

3% more capital invested

Capital invested by funds: $2.91B [Q1] → $2.99B (+$81M) [Q2]

1% more funds holding

Funds holding: 204 [Q1] → 206 (+2) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 7 (+0) [Q2]

17% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 84

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$54
57%
upside
Avg. target
$72
110%
upside
High target
$83
142%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Cantor Fitzgerald
Eric Schmidt
92%upside
$66
Overweight
Assumed
27 Aug 2025
JP Morgan
Jessica Fye
127%upside
$78
Overweight
Maintained
25 Aug 2025
RBC Capital
Leonid Timashev
125%upside
$77
Outperform
Maintained
12 Aug 2025
Morgan Stanley
Matthew Harrison
142%upside
$83
Overweight
Maintained
12 Aug 2025
HC Wainwright & Co.
Mitchell Kapoor
119%upside
$75
Buy
Reiterated
17 Jul 2025

Financial journalist opinion

Based on 5 articles about LEGN published over the past 30 days

Neutral
GlobeNewsWire
1 week ago
Legend Biotech Appoints Carlos Santos as Chief Financial Officer
SOMERSET, N.J., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced the appointment of Carlos Santos as the Company's Chief Financial Officer, effective immediately. Mr. Santos assumes the role from Jessie Yeung, who has served as the interim CFO since January 2025.
Legend Biotech Appoints Carlos Santos as Chief Financial Officer
Neutral
Seeking Alpha
2 weeks ago
Legend Biotech: Q2 Record Sales Undermined By Losses, Immature Pipeline - Rating Downgrade
New Jersey based Legend Biotech announced its Q2 earnings on Monday, reporting $439m of revenues for its only commercial product, the cell therapy Carvykti. Carvykti leads CAR-T therapy sales with strong efficacy and double-digit sequential revenue growth, but Legend only receives a 50% revenue share outside China. Despite >$1bn cash and operational improvements, Legend remains unprofitable, with heavy GAAP losses and apparently no formal guidance for 2025.
Legend Biotech: Q2 Record Sales Undermined By Losses, Immature Pipeline - Rating Downgrade
Neutral
Seeking Alpha
2 weeks ago
Legend Biotech Corporation (LEGN) Q2 2025 Earnings Call Transcript
Legend Biotech Corporation (NASDAQ:LEGN ) Q2 2025 Earnings Conference Call August 11, 2025 8:00 AM ET Company Participants Alan S. Bash - President of CARVYKTI® Caroline LeCates Paul - Associate Director of Investor Relations Jessie Yeung - Interim CFO, Principal Financial Officer & Principal Accounting Officer Mythili Koneru - Chief Medical Officer Ying Huang - CEO & Director Conference Call Participants Ashwani Verma - UBS Investment Bank, Research Division Dingding Shi - Jefferies LLC, Research Division Huidong Wang - Barclays Bank PLC, Research Division James John Shin - Deutsche Bank AG, Research Division Jonathan Miller - Evercore ISI Institutional Equities, Research Division Justin Reid Zelin - BTIG, LLC, Research Division Konstantinos Biliouris - BMO Capital Markets Equity Research Leonid Timashev - RBC Capital Markets, Research Division Mitchell Swaroop Kapoor - H.C.
Legend Biotech Corporation (LEGN) Q2 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
2 weeks ago
Key Inflation Data in Focus
Key Inflation Data in Focus.
Key Inflation Data in Focus
Neutral
GlobeNewsWire
2 weeks ago
Legend Biotech Reports Second Quarter 2025 Results and Recent Highlights
SOMERSET, N.J., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today reported its second quarter 2025 unaudited financial results and key corporate highlights.
Legend Biotech Reports Second Quarter 2025 Results and Recent Highlights
Positive
Zacks Investment Research
1 month ago
Legend Biotech (LEGN) Surges 6.0%: Is This an Indication of Further Gains?
Legend Biotech (LEGN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Legend Biotech (LEGN) Surges 6.0%: Is This an Indication of Further Gains?
Negative
Investors Business Daily
2 months ago
The FDA Shake-Up Continues, And Could Impact Genetic Medicines
The latest shake-up at the FDA forced out the top two officials in charge of reviewing cell and gene therapies, analysts said.
The FDA Shake-Up Continues, And Could Impact Genetic Medicines
Neutral
Accesswire
2 months ago
Legend Biotech Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Legend Biotech Corporation (LEGN)
NEW YORK, NY / ACCESS Newswire / June 11, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Legend Biotech Corporation ("Legend Biotech Corporation") (NASDAQ:LEGN) concerning possible violations of federal securities laws. On May 13, 2024, Legend published first quarter financial results and business updates, including, among other things, news that the Company is navigating regulatory challenges, such as the need for FDA approval for the expansion of its Raritan manufacturing facility.
Legend Biotech Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Legend Biotech Corporation (LEGN)
Neutral
Accesswire
2 months ago
LEGN STOCK ALERT: Levi & Korsinsky Notifies Legend Biotech Corporation Investors of an Ongoing Investigation
NEW YORK, NY / ACCESS Newswire / June 10, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Legend Biotech Corporation ("Legend Biotech Corporation") (NASDAQ:LEGN) concerning possible violations of federal securities laws. On May 13, 2024, Legend published first quarter financial results and business updates, including, among other things, news that the Company is navigating regulatory challenges, such as the need for FDA approval for the expansion of its Raritan manufacturing facility.
LEGN STOCK ALERT: Levi & Korsinsky Notifies Legend Biotech Corporation Investors of an Ongoing Investigation
Neutral
Accesswire
2 months ago
Shareholders That Lost Money on Legend Biotech Corporation (LEGN) Should Contact Levi & Korsinsky about Securities Fraud Investigation - LEGN
NEW YORK, NY / ACCESS Newswire / June 9, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Legend Biotech Corporation ("Legend Biotech Corporation") (NASDAQ:LEGN) concerning possible violations of federal securities laws. On May 13, 2024, Legend published first quarter financial results and business updates, including, among other things, news that the Company is navigating regulatory challenges, such as the need for FDA approval for the expansion of its Raritan manufacturing facility.
Shareholders That Lost Money on Legend Biotech Corporation (LEGN) Should Contact Levi & Korsinsky about Securities Fraud Investigation - LEGN
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