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 18, 2026, LEGN stock price declined to $27.93 with 12,163,580 million shares trading.

LEGN has a beta of 1.29, meaning it tends to be more sensitive to market movements. LEGN has a correlation of 0.06 to the broad based SPY ETF.

LEGN has a market cap of $5.12 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, MCHI.

LEGN has underperformed the market in the last year with a price return of -19.9% while the SPY ETF gained +26.9%. However, in the short term, LEGN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +53.4% vs +13.5% return in SPY. But in the last 2 weeks, LEGN shares have been beat by the market, returning -18.3% compared to an SPY return of -1.1%.

LEGN support price is $31.93 and resistance is $35.11 (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.