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BIIB Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
212.000
Open
211.860
VWAP
207.78
Vol
1.16M
Mkt Cap
30.37B
Low
205.650
Amount
240.38M
EV/EBITDA(TTM)
9.52
Total Shares
147.64M
EV
32.78B
EV/OCF(TTM)
12.65
P/S(TTM)
3.09
Biogen Inc. is a biotechnology company. The Company is focused on discovering, developing and delivering therapies. It has a portfolio of medicines to treat Multiple Sclerosis (MS), has introduced an approved treatment for Spinal Muscular Atrophy (SMA), co-developed treatments to address a defining pathology of Alzheimer's disease and launched an approved treatment to target a genetic cause of Amyotrophic Lateral Sclerosis (ALS). It markets a drug approved in United States, European Union and certain international markets for the treatment of Friedreich Ataxia (FA) in adults and adolescents aged 16 years and older. It is focused on advancing its pipeline in neurology, specialized immunology and rare diseases. Its marketed products include VUMERITY, TYSABRI, TECFIDERA, AVONEX and PLEGRIDY for the treatment of MS; SPINRAZA for the treatment of SMA; SKYCLARYS for the treatment of FA, and QALSODY for the treatment of ALS. Its commercialized products also include EMPAVELI and SYFOVRE.
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Events Timeline

(ET)
2026-07-01
16:30:00
Biogen Expects Q2 2026 EPS Impact of Approximately $0.95
select
2026-06-26 (ET)
2026-06-26
10:00:00
Moderna and Other Stocks See Notable Gains
select
2026-06-17 (ET)
2026-06-17
19:30:00
Biogen to Acquire RayThera for Up to $1B
select

News

Fool
8.5
07-04Fool
Biogen Acquires RayThera to Strengthen Immunology Business
  • Revenue Growth Challenges: Biogen's multiple sclerosis (MS) drug sales have significantly declined due to patent expirations, with Tecfidera's sales dropping from $4.4 billion in 2019 to $1.4 billion in 2022, and total MS drug revenue only reaching $4 billion in the latest fiscal year, highlighting increasing market competition pressures.
  • Strategic Acquisition Moves: In 2023, Biogen acquired Apellis Pharmaceuticals, gaining access to two commercialized drugs that generated $689 million in sales last year, further strengthening its position in the immunology sector and laying the groundwork for future growth.
  • New Acquisition Prospects: Biogen's acquisition of RayThera for up to $1 billion, despite the lack of public details on its candidates, suggests potential anti-inflammatory assets targeting various immune-mediated diseases, which could yield substantial revenue potential given the global immunology market's size exceeding $112 billion.
  • Signs of Business Stabilization: After four years of declining earnings, Biogen's CEO indicated that 2023 marks a turnaround, with first-quarter sales of new drugs increasing by 12% to $850 million, demonstrating a recovery in the emerging neurology drug sector and the potential for sustained growth ahead.
Yahoo Finance
8.5
07-04Yahoo Finance
Biogen Acquires RayThera for $1 Billion to Boost Immunology Business
  • MS Business Update: Biogen's multiple sclerosis drugs generated $4 billion in revenue in 2022, down from $4.4 billion in 2019, highlighting the competitive pressures from patent expirations that have forced the company to adjust its strategy to maintain market position.
  • Growth Plan Implementation: In 2023, Biogen achieved a 12% increase in sales to $850 million, primarily driven by a focus on growth products like Leqembi for Alzheimer's disease, marking a turnaround after four years of declining earnings.
  • Acquisition Strategy: Biogen's acquisition of Apellis Pharmaceuticals in 2023 brought in two commercialized drugs with $689 million in sales, further solidifying its position in the immunology market and laying the groundwork for future growth.
  • RayThera Acquisition Potential: Biogen's acquisition of RayThera for up to $1 billion, despite limited product details, suggests a portfolio of multiple anti-inflammatory assets that could target various immune-mediated conditions, indicating significant revenue potential and aligning with the company's strategic goal to expand its immunology business.
stocktwits
7.5
07-03stocktwits
Biogen's Diversified Strategy and Investment Opportunities
  • Financial Forecast Adjustment: Biogen expects approximately $164 million in non-recurring charges in Q2 2026, which will reduce adjusted earnings per share by about $0.95, indicating significant expenditures in research and development and milestone payments.
  • Investor Focus on Data Release: Investors are awaiting mid-stage data for Biogen's Alzheimer’s drug diranersen, set to be announced mid-July at a London conference, which could impact the company's future stock price trajectory and market confidence.
  • Acquisition Enhances Pipeline: Biogen has agreed to acquire RayThera Inc. for up to $1 billion to bolster its immunology pipeline, with the deal expected to close in Q3, further advancing the company's research in small-molecule anti-inflammatory assets.
  • Market Sentiment Shift: Retail sentiment around BIIB stock shifted from 'neutral' to 'bullish' over the past 24 hours, reflecting optimistic expectations for Biogen's future performance, with the stock gaining 23% year-to-date.
CNBC
6.5
07-02CNBC
Investment Opportunities in Biotech Stocks
  • Biotech Risk and Reward: In the biotech sector, investors face high-risk, high-reward scenarios, exemplified by Sarepta (SRPT) which saw a 20% drop following a failed clinical trial, highlighting the volatility and uncertainty in this industry.
  • ETF Investment Strategy: Despite Sarepta's poor performance, the Bio-Tech ETF (XBI) shows a strong upward trend, suggesting investors should buy on pullbacks to capitalize on its potential upside, with a current target price of $150.
  • Short-term Opportunity in Biogen: Biogen (BIIB) is making progress in treating autoimmune kidney diseases and Alzheimer's, with its stock recently breaking out of an ascending triangle, targeting $240 in the short term, while support is seen just above $200, offering a favorable risk/reward setup.
  • Long-term Trend Analysis: The weekly chart for Biogen indicates a breakout from a downtrend since its 2021 peak and has surpassed the 200-week moving average; if the price breaks above $225, it will confirm longer-term upside targets of $300, indicating strong market potential.
seekingalpha
8.5
07-02seekingalpha
Biogen Warns of Q2 Financial Impact from Acquisitions
  • Financial Warning: Biogen (BIIB) anticipates that its Q2 2026 GAAP and non-GAAP financials will include a pre-tax charge of approximately $164 million, primarily due to acquisitions and collaborations completed during the period, projecting an impact of about $0.95 on its diluted net income per share, indicating financial strain from integration efforts.
  • Future Outlook: The company also projects a GAAP and non-GAAP impact of $290 million to $320 million for Q3 2026 due to similar charges, translating to a headwind of $1.75 to $1.95 per diluted share, reflecting ongoing financial challenges and market uncertainties.
  • Acquisition Activity: In Q2, Biogen completed a $5.6 billion acquisition of eye drug developer Apellis Pharmaceuticals and agreed to acquire private biotech firm RayThera for up to $1 billion in June, further exacerbating the company's financial burden.
  • Market Reaction: Despite Biogen's aggressive acquisition strategy, market disappointment over its Alzheimer's drug performance has led to rating downgrades, raising investor concerns about the company's future growth potential, which may adversely affect its stock price.
CNBC
2.0
06-26CNBC
Software Stocks Rally as Moderna Surges 11% on Long-Term Strategy
  • Software Sector Strength: Despite a broader tech sector decline, the iShares Expanded Tech-Software Sector ETF (IGV) rose by 3%, with Microsoft and Salesforce both gaining over 4%, indicating strong market confidence in software companies that may drive future investment inflows.
  • Moderna's Strategic Shift: Moderna's stock surged 11% after detailing its long-term strategy at its annual Science Day, expanding beyond vaccines to include mRNA-based oncology and rare disease treatments, showcasing its potential for growth in the biotech sector.
  • Healthcare Sector Rally: The S&P 500 healthcare sector outperformed, rising over 2%, with Veeva Systems and Eli Lilly both up 7%, reflecting increased investor confidence in the healthcare industry and signaling potential growth opportunities ahead.
  • ON Semiconductor's Acquisition: ON Semiconductor announced a nearly $7 billion all-stock deal to acquire Synaptics, resulting in a 23% stock drop, yet it is expected to increase the company's total addressable market by $30 billion, highlighting its strategic expansion intentions in the semiconductor industry.
Wall Street analysts forecast BIIB stock price to rise
26 Analyst Rating
Wall Street analysts forecast BIIB stock price to rise
11 Buy
14 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
143.00
Averages
204.45
High
246.00
Current: 0.000
sliders
Low
143.00
Averages
204.45
High
246.00
RBC Capital
Outperform
maintain
$227 -> $242
AI Analysis
2026-07-07
New
Reason
RBC Capital
Price Target
$227 -> $242
AI Analysis
2026-07-07
New
maintain
Outperform
Reason
RBC Capital raised the firm's price target on Biogen to $242 from $227 and keeps an Outperform rating on the shares as part of a broader research note previewing Q2 earnings in Biotech. The biotech sector has picked up considerable momentum, with a near-unprecedented two-week move in June relative to the S&P - driven by strong data expanding innovative spaces and perceptions around improving FDA flexibility/stability - and with outlooks more concretely definable than other high-volatility spaces, capital could continue to flow in, the analyst tells investors in a research note. Q2 earnings are shaping up to be seasonally strong, and with multiple opportunities for beats and the M&A resurgence likely to continue, there is little that would materially derail things, the firm added.
HSBC
Morten Herholdt
Reduce
maintain
$150 -> $157
2026-07-06
New
Reason
HSBC
Morten Herholdt
Price Target
$150 -> $157
2026-07-06
New
maintain
Reduce
Reason
HSBC analyst Morten Herholdt raised the firm's price target on Biogen to $157 from $150 and keeps a Reduce rating on the shares. In a sector note on Healthcare, HSBC adjusted target prices on the prospects of the sector's relative outperformance potential for the second half of the year, noting that the Therapeutics space offering "attractive risk weighted returns," Tools "might be the best way to play a cyclical rally," and that MedTech is "cheap."
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BIIB
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Valuation Metrics

The current forward P/E ratio for Biogen Inc (BIIB.O) is 15.48, compared to its 5-year average forward P/E of 13.79. For a more detailed relative valuation and DCF analysis to assess Biogen Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
13.79
Current PE
15.48
Overvalued PE
17.21
Undervalued PE
10.38

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.29
Current EV/EBITDA
10.89
Overvalued EV/EBITDA
12.58
Undervalued EV/EBITDA
8.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.28
Current PS
3.03
Overvalued PS
4.05
Undervalued PS
2.51

Financials

AI Analysis
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Whales Holding BIIB

M
Mubadala Investment Company PJSC
Holding
BIIB
+35.52%
3M Return
L
Logos Global Management, L.P.
Holding
BIIB
+27.09%
3M Return
P
PRIMECAP Management Company
Holding
BIIB
+25.35%
3M Return
P
Portolan Capital Management, LLC
Holding
BIIB
+23.48%
3M Return
S
Suvretta Capital Management, LLC
Holding
BIIB
+21.79%
3M Return
G
Gotham Asset Management, LLC
Holding
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+17.05%
3M Return

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Frequently Asked Questions

What is Biogen Inc (BIIB) stock price today?

The current price of BIIB is 205.7 USD — it has decreased -1.32

What is Biogen Inc (BIIB)'s business?

Biogen Inc. is a biotechnology company. The Company is focused on discovering, developing and delivering therapies. It has a portfolio of medicines to treat Multiple Sclerosis (MS), has introduced an approved treatment for Spinal Muscular Atrophy (SMA), co-developed treatments to address a defining pathology of Alzheimer's disease and launched an approved treatment to target a genetic cause of Amyotrophic Lateral Sclerosis (ALS). It markets a drug approved in United States, European Union and certain international markets for the treatment of Friedreich Ataxia (FA) in adults and adolescents aged 16 years and older. It is focused on advancing its pipeline in neurology, specialized immunology and rare diseases. Its marketed products include VUMERITY, TYSABRI, TECFIDERA, AVONEX and PLEGRIDY for the treatment of MS; SPINRAZA for the treatment of SMA; SKYCLARYS for the treatment of FA, and QALSODY for the treatment of ALS. Its commercialized products also include EMPAVELI and SYFOVRE.

What is the price predicton of BIIB Stock?

Wall Street analysts forecast BIIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BIIB is204.45 USD with a low forecast of 143.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Biogen Inc (BIIB)'s revenue for the last quarter?

Biogen Inc revenue for the last quarter amounts to 2.48B USD, increased 1.93

What is Biogen Inc (BIIB)'s earnings per share (EPS) for the last quarter?

Biogen Inc. EPS for the last quarter amounts to 2.15 USD, increased 31.10

How many employees does Biogen Inc (BIIB). have?

Biogen Inc (BIIB) has 7500 emplpoyees as of July 08 2026.

What is Biogen Inc (BIIB) market cap?

Today BIIB has the market capitalization of 30.37B USD.