The price of LEGN is predicted to go up 3.04%, based on the high correlation periods with PCRX. The similarity of these two price pattern on the periods is 94.85%.
LEGN
PCRX
Up: 3.04%Similarity: 94.85%
LEGN Revenue Forecast
LEGN EPS Forecast
LEGN FAQs
What is bull’s view on LEGN?
Legend Biotech Corp (LEGN) is currently trading at $38.04, with analysts maintaining a bullish stance. The stock is in oversold territory with an RSI of 29.97, suggesting potential for a rebound. Analysts' average 12-month price target is $79, indicating a significant upside of over 100% from current levels, driven by strong institutional interest and optimism around its CAR-T therapy pipeline.
What is bear's view on LEGN?
LEGN stock is currently trading at $38.04, up 2.36% in the last session. Despite entering oversold territory with an RSI of 29.97, indicating potential buying opportunities, bearish sentiment persists due to weak financial performance and high net losses. Analysts remain optimistic with a 12-month target of $73-$86, but the stock's near-term outlook remains uncertain.
What is LEGN revenue forecast for next quarter?
The market consensus for LEGN's revenue in the upcoming quarter is projected to be approximately $195.69M USD.
What is LEGN eps forecast for next quarter?
The market consensus for LEGN's eps in the upcoming quarter is projected to be approximately $0.31 USD.
Redburn Atlantic analyst Qize Ding initiated coverage of Legend Biotech with a Buy rating and $86 price target. Legend is a commercial-stage biotechnology company with one marketed product, Carvykti, for the treatment of multiple myeloma, the analyst tells investors in a research note. The firm says that with "best-in-class" clinical data among approved BCMA CAR-T cell therapies, Legend's Carvykti has been granted recent approvals for the treatment of earlier-line indications.