Several analysts have recently updated their ratings and price targets for Legend Biotech (NASDAQ: LEGN):
- 6/3/2026 – Legend Biotech was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
- 6/3/2026 – Legend Biotech had its price target raised by UBS Group AG from $31.00 to $49.00. They now have a “buy” rating on the stock.
- 6/3/2026 – Legend Biotech had its price target raised by HC Wainwright from $50.00 to $65.00. They now have a “buy” rating on the stock.
- 6/1/2026 – Legend Biotech had its price target raised by UBS Group AG from $31.00 to $50.00. They now have a “buy” rating on the stock.
- 5/27/2026 – Legend Biotech had its “buy” rating reaffirmed by HC Wainwright.
- 5/20/2026 – Legend Biotech was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
- 5/18/2026 – Legend Biotech had its “buy” rating reaffirmed by HC Wainwright. They now have a $50.00 price target on the stock.
- 5/13/2026 – Legend Biotech had its price target raised by Royal Bank Of Canada from $62.00 to $64.00. They now have an “outperform” rating on the stock.
- 5/13/2026 – Legend Biotech had its price target raised by TD Cowen to $29.00. They now have a “hold” rating on the stock.
- 5/13/2026 – Legend Biotech had its price target lowered by Morgan Stanley from $49.00 to $48.00. They now have an “overweight” rating on the stock.
- 5/6/2026 – Legend Biotech was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
- 4/21/2026 – Legend Biotech had its “buy” rating reaffirmed by HC Wainwright. They now have a $50.00 price target on the stock.
- 4/15/2026 – Legend Biotech had its “buy” rating reaffirmed by HC Wainwright. They now have a $50.00 price target on the stock.
Insider Activity
In other news, CEO Ying Huang sold 9,936 shares of Legend Biotech stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $8.77, for a total value of $87,138.72. Following the completion of the transaction, the chief executive officer owned 247,438 shares of the company’s stock, valued at $2,170,031.26. The trade was a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.02% of the stock is currently owned by corporate insiders.
The company’s lead asset, ciltacabtagene autoleucel (commercially marketed as Carvykti), is a B-cell maturation antigen (BCMA)–directed CAR-T therapy for the treatment of relapsed or refractory multiple myeloma.
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