Legend Biotech Stock Target Price and Analyst Consensus

LEGN Stock  USD 42.69  1.75  4.27%   
The current analyst and expert consensus on Legend Biotech is Strong Buy with 10 buy recommendations. The current projected Legend Biotech target price consensus is 88.36, with 22 analyst opinions. Legend Biotech buy-or-sell recommendation module provides average expert sentiment on the projected Legend Biotech Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 3.2699. Check out Macroaxis Advice on Legend Biotech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
80.41
Highest Forecast
98.08
Target Price
88.36
At this time, Legend Biotech's Gross Profit is very stable compared to the past year. As of the 26th of November 2024, Gross Profit Margin is likely to grow to 0.52, while Pretax Profit Margin is likely to drop (1.92). At this time, Legend Biotech's Cash And Short Term Investments are very stable compared to the past year. As of the 26th of November 2024, Inventory is likely to grow to about 20.4 M, while Total Assets are likely to drop about 938.8 M.
  
It's important to approach Legend Biotech's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Legend Biotech price targets

Legend Biotech's stock target price is an estimate of its future price, usually made by analysts. Using Legend Biotech's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Legend Biotech's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Legend Biotech's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Legend Biotech Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Legend Biotech is a key component of Legend Biotech valuation and have some predictive power on the future returns of a Legend Biotech.
Hype
Prediction
LowEstimatedHigh
39.4242.6945.96
Details
Intrinsic
Valuation
LowRealHigh
38.4252.4055.67
Details
Naive
Forecast
LowNextHigh
39.8643.1346.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.39-0.35-0.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Legend Biotech. Your research has to be compared to or analyzed against Legend Biotech's peers to derive any actionable benefits. When done correctly, Legend Biotech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Legend Biotech Corp.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Legend Biotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legend Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legend Biotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legend Biotech Corp Stock:
Check out Macroaxis Advice on Legend Biotech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.