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LEGN

Nanjing Legend Biotech Co.distress 2/10 · well-funded / low risk
$23.61+0%today-47% from 52w high
legendbiotech.com3,100 employeesFounded 2014Somerset, NJBiotechnology
Immunology / Inflammation 1Oncology 1
Lead: Relapsed/Refractory Autoimmune Diseases · target BCMA
Revenue
$305M
Liquidity
$840M
Runway
8.4 yrs
Shares 1y
0%

Price & events

+22.1% over 6M
$16.65$26.46$36.28Jan 26Apr 26Jul 2614.6Mdilution: 424B5 offering (2026-06-18)dilution: 424B5 offering (2026-06-17)catalyst: PHASE1 LUCAR-G79 T cells (2026-03-20) — click to openrating: RBC Capital: Outperform (2026-07-07)rating: UBS: Buy (2026-06-03)rating: HC Wainwright & Co.: Buy (2026-06-03)rating: HC Wainwright & Co.: Buy (2026-05-18)rating: Morgan Stanley: Overweight (2026-05-13)rating: TD Cowen: Hold (2026-05-13)rating: RBC Capital: Outperform (2026-05-13)rating: HC Wainwright & Co.: Buy (2026-04-21)
CatalystRating changeDilutionFinancingdashed = today
+0.3%
1D
+4.0%
1W
-19.4%
1M
-1.6%
3M
+24.2%
6M
-46.7%
1Y
-60.6%
2Y
-50.6%
5Y
-15.6%
All

Overview

Market Cap
$8.73B
Enterprise Value
$8.26B
Volume
132.38K
52 Week Range
$16.65 – $44.32
Total Shares
369.89M
Float Shares
86.71M
Short %
16.15%
% Held by Insiders
1.25%
% Held by Institutions
53.93%
RVOL
0.06x
Beta
0.34

Pipeline stages · 2 programs

LCAR-B38M CAR-T CellBCMA
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
LUCAR-G79 T cells
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 2 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-03-20
Phase 1LUCAR-G79 T cellsRelapsed/Refractory Autoimmune Diseases3terminated
2025-07-10
Phase 2LCAR-B38M CAR-T CellMultiple Myeloma123terminated

Catalyst news & presentations · 1

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 369,886,369 · 2 offerings/1y · 0 PIPEs
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
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🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

buy · target $56 (+136% upside) · 15 analysts
  • 2026-07-07RBC CapitalOutperform
  • 2026-06-03UBSBuy
  • 2026-06-03HC Wainwright & Co.Buy
  • 2026-05-18HC Wainwright & Co.Buy
  • 2026-05-13Morgan StanleyOverweight
  • 2026-05-13TD CowenHold

Competitors — BCMA

  • ALLOAllogene Therapeutics, Inc.$623M · D5
  • RNACCartesian Therapeutics, Inc.$233M · D3
  • DTILPRECISION BIOSCIENCES INC$185M · D6

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.