LEGN (Legend Biotech) Marketable Securities: $188 Mil (As of Mar. 2026)

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LEGN Legend Biotech Corp LEGN
74 GF Score
Price $23.04
GF Value $100.11
Valuation Possible Value Trap
! 3 Warning Signs
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What is Legend Biotech Marketable Securities?

Legend Biotech LEGN -10.25% 74 Marketable Securities is $188 Mil as of Mar. 2026. GuruFocus rates LEGN with a GF Score™ of 74/100 and a GF Value™ of $100.11 (Possible Value Trap). The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Legend Biotech's Marketable Securities for the quarter that ended in Mar. 2026 was $188 Mil.

Legend Biotech's annual Marketable Securities increased from Dec. 2023 ($31 Mil) to Dec. 2024 ($836 Mil) but then declined from Dec. 2024 ($836 Mil) to Dec. 2025 ($47 Mil).

Legend Biotech  (NAS:LEGN) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Legend Biotech Marketable Securities Related Terms

Legend Biotech Marketable Securities Historical Data

* Premium members only.

The historical data trend for Legend Biotech's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Legend Biotech Marketable Securities Chart

Legend Biotech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial 193.46 239.62 31.00 835.90 46.70

Legend Biotech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 563.68 700.97 713.70 46.70 188.20
LEGN
74GF Score
Legend Biotech Corp LEGN
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Legend Biotech Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $188 Mil mean?
Legend Biotech (LEGN) has a Marketable Securities of $188 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Legend Biotech and its competitors.
Is Legend Biotech's Marketable Securities too high?
Legend Biotech's current Marketable Securities is $188 Mil. Overall, Legend Biotech has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Legend Biotech's Marketable Securities compare to TVTX and ORKA?
Legend Biotech's Marketable Securities of $188 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Biotechnology company?
A good Marketable Securities depends on the Biotechnology industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Legend Biotech and its competitors. Legend Biotech's current Marketable Securities is $188 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Biotech stock overvalued right now?
Based on GuruFocus' analysis, Legend Biotech (LEGN) is currently considered Possible Value Trap. The stock's GF Value™ is $100.11, compared to a current price of $23.04 — trading 77% below its estimated fair value. The current Marketable Securities is $188 Mil. Legend Biotech's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Legend Biotech (LEGN), the current Marketable Securities is $188 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Legend Biotech (LEGN) Overvalued in 2026?

Based on GuruFocus' analysis, Legend Biotech stock appears to be undervalued. The current stock price of $23.04 is trading 77% below its estimated GF Value™ of $100.11. GuruFocus considers Legend Biotech to be Possible Value Trap.

Key valuation signals for LEGN:

  • Marketable Securities: $188 Mil
  • GF Value™: $100.11 vs. price of $23.04 (77% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the LEGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Legend Biotech Business Description

Other Exchanges 9LB:Germany
Address 2101 Cottontail Lane, Somerset, NJ, USA, 08873
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.
74GF Score

Get the complete analysis for LEGN

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.04
Price
$100.11
GF Value