Legend Biotech Corporation (LEGN)
NASDAQ: LEGN · IEX Real-Time Price · USD
45.16
-1.21 (-2.61%)
At close: May 17, 2024, 4:00 PM
46.19
+1.03 (2.28%)
After-hours: May 17, 2024, 7:09 PM EDT
Legend Biotech Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Legend Biotech stock have an average target of 83.89, with a low estimate of 65 and a high estimate of 94. The average target predicts an increase of 85.76% from the current stock price of 45.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Legend Biotech stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
Buy | 5 | 5 | 5 | 6 | 7 | 6 |
Hold | 2 | 2 | 2 | 2 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 10 | 12 | 12 | 11 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
RBC Capital | RBC Capital | Buy Maintains $85 → $86 | Buy | Maintains | $85 → $86 | +90.43% | May 14, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $87 → $86 | Strong Buy | Maintains | $87 → $86 | +90.43% | May 14, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $87 | Strong Buy | Reiterates | $87 | +92.65% | May 9, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $87 | Strong Buy | Reiterates | $87 | +92.65% | Apr 23, 2024 |
Scotiabank | Scotiabank | Hold → Buy Upgrades $65 | Hold → Buy | Upgrades | $65 | +43.93% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
609.28M
from 285.14M
Increased by 113.68%
Revenue Next Year
1.11B
from 609.28M
Increased by 82.35%
EPS This Year
-1.51
from -2.94
EPS Next Year
-0.59
from -1.51
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 737.0M | 1.6B | 2.4B | 3.0B | 3.7B |
Avg | 609.3M | 1.1B | 1.7B | 2.4B | 2.9B |
Low | 441.0M | 824.6M | 1.1B | 1.8B | 2.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 158.5% | 162.9% | 120.3% | 78.9% | 55.7% |
Avg | 113.7% | 82.3% | 52.1% | 40.2% | 21.1% |
Low | 54.7% | 35.3% | -2.6% | 5.9% | -11.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.53 | 0.44 | 2.45 | 3.93 | 4.86 |
Avg | -1.51 | -0.59 | 0.72 | 1.98 | 2.76 |
Low | -2.68 | -1.68 | 0.04 | 0.93 | 1.45 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | - | 445.8% | 145.0% |
Avg | - | - | - | 175.8% | 39.3% |
Low | - | - | - | 29.4% | -26.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.