Insider buying last 90 days
No open-market insider purchases were filed for LEGN in the last 90 days.
From Form 4 filings, dated to when each was filed.
This week's news centers on CARVYKTI, Legend Biotech's cell therapy, and shifting analyst views. Legend presented five-year data showing 50% of patients progression-free after a single infusion and a 69.2% overall survival rate, which lifted the stock 1.10% on 5 October to $18.78, though it fell 4.07% on Tradegate on the presentation day. J.P. Morgan maintained its Hold rating while cutting its target price to $33, while RBC Capital maintained an Outperform rating, reflecting a split in analyst sentiment around the long-term data.
LEGN closed at $17.80, down 4.4%, sitting below both its 50-day average of $19.74 and 200-day average of $22.31, with the 50-day below the 200-day. The stock's three-month return stands at -30.7% and its one-year return at -44.8%, against a 52-week range of $16.24 to $37.50. The GekkoIndex reads 65.8, placing it in the Accumulation zone, while price sits 37.8% below Gekko Fair Value of $28.64.
Legend Biotech's next earnings report is scheduled for 11 November, 30 days away, falling outside a typical 20-trading-day holding window; the prior quarter missed EPS estimates ($0.09 actual versus $0.12 expected) with a flat reaction. One trailblazer holder is noted, though no insider, Congress, or unusual options activity appears in their respective windows. Seasonality over five years shows an average 20-day return of -0.3%, rising in 2 of those years. Analyst consensus across 9 firms (5 buy, 4 hold) carries a target of $46.35, worth noting alongside the current gap to Gekko Fair Value.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Legend Biotech scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed2 headwinds
Below 50 and 200-day
Close $17.80 is below the 50-day ($19.74) and 200-day ($22.31) averages, and the 50-day is below the 200-day.
See the chart65.8, Accumulation
Reading 65.8 is in the Accumulation zone.
See the GekkoIndex37.8% below
Price is 37.8% below Gekko Fair Value (more than 5% below).
See fair valueNo data
No insider, Congress or unusual options activity in the window.
See smart moneyReports in 30 days
Next report Nov 11, 2026, 30 days away — outside a typical 20-trading-day hold.
See earnings−0.3% on average
From this point in the calendar, the next 20 trading days averaged −0.3% over 5 years, rising in 2 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Legend Biotech closed at $17.80 on Oct 12, 2026, −44.8% over the past year, inside a 52-week range of $16.24 to $37.50.
Use the left and right arrow keys to read daily values.
Put LEGN on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Legend Biotech works through its subsidiaries as a biopharmaceutical business focused on cell therapies, with an emphasis on cancer treatment. Its most advanced candidate is ciltacabtagene autoleucel, a CAR-T therapy aimed at multiple myeloma, and this program has become the company's most recognized work. Beyond this, it maintains a wider set of earlier-stage CAR-T candidates aimed at other cancers, including forms of leukemia and several solid tumors.
The company also pursues allogeneic cell therapy approaches, including gamma delta CAR-T and CAR-NK candidates targeting BCMA for multiple myeloma, currently in investigator-led early trials in China. Its commercial and development activity extends across the United States, China, and Europe, and it works with partners on key programs, including a collaboration with Janssen Biotech on its lead therapy and a licensing arrangement with Novartis Pharma covering CAR-T therapies directed at delta-like ligand protein 3.
Legend Biotech was founded in 2014 and is headquartered in Somerset, New Jersey. Its shares trade under the ticker LEGN.
Legend Biotech’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65.8, in the Accumulation zone, up 2.5 points over five sessions.
Up 2.5 points over five sessions.
Reading for Oct 12, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 114 | 0.0% | −2.5% | ||
| Accumulation (current zone) | 265 | −0.8% | −3.2% | ||
| Neutral | 221 | −0.4% | −1.1% | ||
| Distribution | 33 | −0.5% | +0.2% | ||
| Selling | 2 | Too few readings yet | |||
Average LEGN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
Legend Biotech trades 37.8% below Gekko Fair Value of $28.64, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Legend Biotech shares are worth, recalculated every trading day.
$28.64
Gekko Fair Value, Oct 10, 2026
37.8% Undervalued
At the end of Aug 2026 the price was 48.3% below the estimate.
No open-market insider purchases were filed for Legend Biotech, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
No open-market insider purchases were filed for LEGN in the last 90 days.
From Form 4 filings, dated to when each was filed.
No trades in LEGN were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
1of the funds Gekko tracks holds LEGN.
Legend Biotech reports on Nov 11, 2026, before the open (30 days away), and beat the EPS estimate in 3 of its last 8 reports.
Nov 11, 2026
Expected before the open, 30 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 11, 2026 | $0.09 est $0.12 | $387.5M est $356.0M | 0.0% |
| May 12, 2026 | −$0.15 est $0.01 | $305.1M est $306.5M | +12.1% |
| Mar 10, 2026 | −$0.16 est −$0.19 | $306.3M est $307.8M | +5.9% |
| Nov 12, 2025 | −$0.11 est −$0.13 | $272.3M est $309.5M | −3.2% |
| Aug 11, 2025 | −$0.34 est −$0.22 | $256.0M est $278.2M | 0.0% |
| May 13, 2025 | −$0.54 est −$0.34 | $195.1M est $218.0M | −14.1% |
| Mar 11, 2025 | $0.14 est −$0.38 | $186.5M est $191.3M | +12.4% |
| Nov 12, 2024 | −$0.68 est −$0.42 | — | −1.7% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Legend Biotech is $46.35, +160.4% from the last close, from 9 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 9 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 9 | J.P. Morgan | $33 | +85.4% |
| Oct 8 | RBC Capital | $56 | +214.6% |
| Oct 2 | UBS | $24 | +34.8% |
| Sep 30 | H.C. Wainwright | $65 | +265.2% |
| Sep 28 | H.C. Wainwright | $65 | +265.2% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Oct 10, Legend Biotech averaged −0.3% across the last 5 years, rising in 2 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −2.9% | 3 of 5 |
| Next 10 trading days | +0.3% | 2 of 5 |
| Next 15 trading days | +2.4% | 2 of 5 |
| Next 20 trading days | −0.3% | 2 of 5 |
| Next 30 trading days | −4.1% | 1 of 5 |
For scale, LEGN’s typical 20-trading-day move in either direction is about 8.6%.
Legend Biotech’s market cap is $3.29B and revenue of $1.27B over the last twelve months.
Coverage of Legend Biotech this week reads neutral: 2 positive, 2 neutral and 2 negative headlines.
Legend Biotech’s market cap is $3.29B at the Oct 12, 2026 close of $17.80, with 194.5M shares outstanding.
The consensus analyst 12-month price target for Legend Biotech is $46.35, +160.4% from the last close. Of the 9 firms that rated the stock in the last 90 days, 5 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Legend Biotech is undervalued: the Oct 12, 2026 close of $17.80 is 37.8% below Gekko Fair Value of $28.64. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Legend Biotech is expected to report on Nov 11, 2026, before the market opens (30 days away). Analysts expect earnings of $0.01 per share on revenue of $359.1M. Legend Biotech beat the earnings estimate in 3 of its last 8 reports, moving 6.2% on average across the report.
Legend Biotech’s 52-week high is $37.50 and its 52-week low is $16.24; it closed at $17.80 on Oct 12, 2026, −44.8% over the past year. Over the last five years the shares peaked at $77.32 on Jul 21, 2023.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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