Legend Biotech Corporation (LEGN)

NASDAQ: LEGN · IEX Real-Time Price · USD
45.41
-0.52 (-1.13%)
At close: May 3, 2024, 4:00 PM
46.78
+1.37 (3.02%)
Pre-market: May 6, 2024, 5:42 AM EDT
-1.13%
Market Cap 8.26B
Revenue (ttm) 285.14M
Net Income (ttm) -518.25M
Shares Out 181.91M
EPS (ttm) -2.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 689,465
Open 46.33
Previous Close 45.93
Day's Range 45.24 - 46.81
52-Week Range 42.08 - 77.32
Beta 0.01
Analysts Strong Buy
Price Target 84.50 (+86.08%)
Earnings Date May 13, 2024

About LEGN

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 ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 5, 2020
Employees 1,826
Stock Exchange NASDAQ
Ticker Symbol LEGN
Full Company Profile

Financial Performance

In 2023, Legend Biotech's revenue was $285.14 million, an increase of 143.70% compared to the previous year's $117.01 million. Losses were -$518.25 million, 16.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for LEGN stock is "Strong Buy." The 12-month stock price forecast is $84.5, which is an increase of 86.08% from the latest price.

Price Target
$84.5
(86.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CARVYKTI® (ciltacabtagene autoleucel) Approved by the European Commission for Second-line Treatment of Patients with Relapsed and Refractory Multiple Myeloma

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, announced today that the European Commission (EC) has granted approval of ...

13 days ago - Business Wire

Legend Biotech to Host Investor Conference Call on First Quarter 2024 Results

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, will host a conference call for investors at 8:00 am ET on Monday, May 13,...

24 days ago - Business Wire

Legend Biotech's CARVYKTI® (ciltacabtagene autoleucel) Becomes the First and Only BCMA-Targeted CAR-T Cell Therapy Approved by the FDA for Second-Line Treatment of Multiple Myeloma

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, announced today the U.S. Food and Drug Administration (FDA) has approved C...

4 weeks ago - Business Wire

Legend Biotech Announces Publication of Inaugural Environmental, Social and Governance (ESG) Report

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today released its inaugural Environmental, Social & Governance (ESG) repo...

6 weeks ago - Business Wire

CARVYKTI® (ciltacabtagene autoleucel) Receives Recommendation from the U.S. FDA Oncologic Drugs Advisory Committee for Earlier Treatment of Patients with Relapsed/Refractory Multiple Myeloma

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, announced today that the U.S. Food and Drug Administration (FDA) Oncologic...

7 weeks ago - Business Wire

Legend Biotech Reports Fourth Quarter and Full Year 2023 Results and Recent Highlights

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today reported its fourth quarter and full year 2023 unaudited financial r...

7 weeks ago - Business Wire

Legend Biotech Announces Positive CHMP Opinion for CARVYKTI® (ciltacabtagene autoleucel) for the Treatment of Patients with Relapsed and Lenalidomide Refractory Multiple Myeloma in Earlier Lines of Therapy

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, announced today the Committee for Medicinal Products for Human Use (CHMP) ...

2 months ago - Business Wire

Legend Biotech to Host Investor Conference Call on Fourth Quarter and Full Year 2023 Results

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing, and commercializing novel therapies to treat life...

2 months ago - Business Wire

GenScript, GenScript ProBio, and Legend Biotech Will Attend the 42nd JPM Healthcare Conference, Advancing Innovation and Development in the Healthcare Sector

NANJING, China , Jan. 4, 2024 /PRNewswire/ -- GenScript Biotech, a global leader in life science research and manufacturing services, along with its subsidiaries GenScript ProBio and Legend Biotech, w...

4 months ago - PRNewsWire

Legend Biotech Announces Closing of License Transaction for Certain CAR-T Therapies Targeting DLL3

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing, and commercializing novel therapies to treat life...

4 months ago - Business Wire

Legend Biotech to Participate in the 42nd Annual J.P. Morgan Healthcare Conference

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing, and commercializing novel therapies to treat life...

4 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Legend Biotech Corporation - LEGN

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Legend Biotech Corporation ("Legend" or the "Company") (NASDAQ: LEGN). Such investors are advis...

4 months ago - PRNewsWire

Patient-Reported Outcomes from the CARTITUDE-4 Study Showed Clinically Meaningful Improvements in Health-Related Quality of Life and Reductions in Multiple Myeloma Symptoms Following Treatment with CARVYKTI® (ciltacabtagene autoleucel)

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing, and commercializing novel therapies to treat life...

5 months ago - Business Wire

Legend Biotech Reports Third Quarter 2023 Results and Recent Highlights

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech announced third-quarter 2023 financial results.

5 months ago - Business Wire

Legend Biotech Announces Exclusive, Global License Agreement for Certain CAR-T Therapies Targeting DLL3

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-...

6 months ago - Business Wire

Legend Biotech to Host Investor Conference Call on Third-Quarter Results

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-...

6 months ago - Business Wire

Legend Biotech to Showcase Leadership in Multiple Myeloma Treatment at the ASH 2023 Annual Meeting

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech announces presentations to take place at the 65th American Society of Hematology Annual Meeting.

6 months ago - Business Wire

Legend Biotech Reports Second Quarter 2023 Results and Recent Highlights

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech reported its unaudited financial results for the three and six months ended June 30, 2023.

9 months ago - Business Wire

Legend Biotech to Host Investor Conference Call on Second-Quarter Results

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech will host a call to discuss second-quarter 2023 earnings on August 15, 2023 at 8:00am ET.

9 months ago - Business Wire

Legend Biotech shares gain on multiple-myeloma drug sales

Shares of Legend Biotech Corp. LEGN, -1.00% gained 3.7% premarket on Thursday after the company said its multiple myeloma therapy Carvykti, a collaboration with Johnson & Johnson JNJ, -0.20%, generate...

10 months ago - Market Watch

Legend Biotech Announces Submission of Supplemental Application to the U.S. FDA for Expanded Use of CARVYKTI® (ciltacabtagene autoleucel)

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech announced today the submission of a supplemental Biologics License Application (sBLA) to the U.S. Food and Drug Administration (FDA).

11 months ago - Business Wire

Ciltacabtagene Autoleucel (cilta-cel) Reduced Risk of Disease Progression or Death by 74% vs Standard Regimens for Adult Patients with Relapsed and Refractory Multiple Myeloma in CARTITUDE-4 Study

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Results from CARTITUDE-4 showed that cilta-cel reduced the risk of disease progression or death by 74% compared to SOC.

11 months ago - Business Wire

Legend Biotech Announces Participation in Upcoming Investor Conferences

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-...

1 year ago - Business Wire

Legend Biotech Announces Submission to the European Medicines Agency for Expanded Use of CARVYKTI® (ciltacabtagene autoleucel)

SOMERSET, N.J.--(BUSINESS WIRE)---- $LEGN--Legend Biotech announced that a Type II variation application was submitted to EMA for CARVYKTI® based on data from the CARTITUDE-4 study.

1 year ago - Business Wire

Legend Biotech Reports First Quarter 2023 Results and Recent Highlights

SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-...

1 year ago - Business Wire