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Legend Biotech Corporation (LEGN)

Healthcare | Biotechnology | Somerset, United States | NasdaqGS
19.88 USD -0.62 (-3.024%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 20.20 +0.32 (1.610%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:19 a.m. EDT

The immediate outlook remains murky due to significant executive instability and deteriorating price momentum. The company recently lost its CEO, and the stock has suffered two consecutive years of negative annual returns, capping the long-term investment thesis despite a technically flat five-year cumulative performance. Fundamentally, the business shows promise with 52% revenue growth and healthy operating margins, yet the market has punished the stock heavily, trading at a forward P/E of roughly 20x while posting negative earnings. This disconnect suggests the market is pricing in severe execution risks rather than just a temporary setback. However, the lack of a dividend and the recent leadership vacuum prevent a 'buy' recommendation until stability returns.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.218826
MSTL0.219423
AutoARIMA0.237108
AutoETS0.237111

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 6.72
Ljung-Box p 0.000
Jarque-Bera p 0.168
Excess Kurtosis -0.91
Attribute Value
Sector Healthcare
Debt to Equity Ratio 22.625
Revenue per Share 6.859
Market Cap 3,866,429,440
Forward P/E 18.41
Beta 0.39
Profit Margins -7.20%
Website https://legendbiotech.com

As of Aug. 22, 2026, 5:19 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the near term where put open interest significantly exceeds call open interest. While there is some call buying at strikes above the current price (25.0 and 37.5), the dominant flow is protective, suggesting traders expect volatility or a continued decline rather than a sustained rally.


Info Dump

Attribute Value
52 Week Change -0.4009351
Address1 2,101 Cottontail Lane
All Time High 77.32
All Time Low 16.24
Ask 19.92
Ask Size 1
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,903,420
Average Daily Volume3 Month 2,756,629
Average Volume 2,756,629
Average Volume10Days 1,903,420
Beta 0.387
Bid 14.68
Bid Size 2
Book Value 6.346
City Somerset
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.88
Current Ratio 3.041
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 20.59
Day Low 19.85
Debt To Equity 22.625
Display Name Legend Biotech
Earnings Call Timestamp End 1,786,449,600
Earnings Call Timestamp Start 1,786,449,600
Earnings Timestamp 1,786,451,400
Earnings Timestamp End 1,794,400,200
Earnings Timestamp Start 1,794,400,200
Ebitda -41,600,000
Ebitda Margins -0.03272
Enterprise To Ebitda -76.099
Enterprise To Revenue 2.49
Enterprise Value 3,165,736,960
Eps Current Year -0.01
Eps Forward 1.08
Eps Trailing Twelve Months -0.49
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.712
Fifty Day Average Change -3.8320007
Fifty Day Average Change Percent -0.16160597
Fifty Two Week Change Percent -40.09351
Fifty Two Week High 37.5
Fifty Two Week High Change -17.62
Fifty Two Week High Change Percent -0.4698667
Fifty Two Week Low 16.24
Fifty Two Week Low Change 3.6399994
Fifty Two Week Low Change Percent 0.2241379
Fifty Two Week Range 16.24 - 37.5
Financial Currency USD
First Trade Date Milliseconds 1,591,363,800,000
Float Shares 90,622,102
Forward Eps 1.08
Forward P E 18.407406
Free Cashflow 27,193,000
Full Exchange Name NasdaqGS
Full Time Employees 3,200
Fullday Change -0.620001
Fullday Change Percent -3.02439
Fullday Price 20.2
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.56575
Gross Profits 719,299,968
Has Pre Post Market Data 1
Held Percent Insiders 0.0124699995
Held Percent Institutions 0.56861
Implied Shares Outstanding 194,488,413
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-06-05
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy 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 acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.
Long Name Legend Biotech Corporation
Market us_market
Market Cap 3,866,429,440
Market State CLOSED
Max Age 86,400
Message Board Id finmb_552805228
Most Recent Quarter 1,782,777,600
Net Income To Common -91,500,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,987,012,466
Number Of Analyst Opinions 15
Open 20.42
Operating Cashflow -89,400,000
Operating Margins 0.1489
Payout Ratio 0.0
Phone 737 317 5050
Post Market Change 0.3200016
Post Market Change Percent 1.6096661
Post Market Price 20.2
Post Market Time 1,787,961,344
Previous Close 20.5
Price Eps Current Year -1,988.0
Price Hint 2
Price To Book 3.1326818
Price To Sales Trailing12 Months 3.0410805
Profit Margins -0.07197
Quick Ratio 2.881
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.620001
Regular Market Change Percent -3.02439
Regular Market Day High 20.59
Regular Market Day Low 19.85
Regular Market Day Range 19.85 - 20.59
Regular Market Open 20.42
Regular Market Previous Close 20.5
Regular Market Price 19.88
Regular Market Time 1,787,947,201
Regular Market Volume 1,151,124
Return On Assets -0.01918
Return On Equity -0.080790006
Revenue Growth 0.519
Revenue Per Share 6.859
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 194,488,413
Shares Percent Shares Out 0.092
Shares Short 17,824,859
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 14,076,444
Short Name Legend Biotech Corporation
Short Percent Of Float 0.2186
Short Ratio 6.25
Source Interval 15
State NJ
Symbol LEGN
Target High Price 78.0
Target Low Price 24.0
Target Mean Price 49.24667
Target Median Price 49.0
Total Cash 964,600,000
Total Cash Per Share 4.978
Total Debt 278,200,000
Total Revenue 1,271,399,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.49
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 23.429625
Two Hundred Day Average Change -3.5496254
Two Hundred Day Average Change Percent -0.1515016
Type Disp Equity
Volume 1,151,124
Website https://legendbiotech.com
Zip 8,873