LEGN Stock Summary and Trading Ideas (Legend Biotech - American Depositary Shares | NASDAQ:LEGN)

Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America. The company generates revenue from License and Collaboration revenue.

Legend Biotech - American Depositary Shares trades on the NASDAQ stock market under the symbol LEGN.

As of June 26, 2026, LEGN stock price climbed to $28.69 with 2,109,233 million shares trading.

LEGN has a beta of 1.10, meaning it tends to be more sensitive to market movements. LEGN has a correlation of 0.05 to the broad based SPY ETF.

LEGN has a market cap of $5.55 billion. This is considered a Mid Cap stock.

Last quarter Legend Biotech - American Depositary Shares reported $305 million in Revenue and -$.03 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.11.

In the last 3 years, LEGN traded as high as $77.32 and as low as $16.24.

The top ETF exchange traded funds that LEGN belongs to (by Net Assets): IBB, IEMG, CANC, PBE, EEM.

LEGN has underperformed the market in the last year with a price return of -14.2% while the SPY ETF gained +21.3%. However, in the short term, LEGN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +63.0% vs +11.3% return in SPY. But in the last 2 weeks, LEGN shares have been beat by the market, returning -20.9% compared to an SPY return of -0.9%.

LEGN support price is $27.04 and resistance is $29.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LEGN shares will trade within this expected range on the day.