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Biogen (CH:BIIB)
:BIIB

Biogen (BIIB) Price & Analysis

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BIIB Stock Chart & Stats

CHF222.00
-CHF6.43(-4.36%)
At close: 4:00 PM EDT
CHF222.00
-CHF6.43(-4.36%)

Bulls Say, Bears Say

Bulls Say
Free Cash Flow StrengthBiogen's consistently positive free cash flow and TTM FCF roughly equaling net income show durable cash conversion. This funds R&D, bolt-on M&A, and debt reduction without reliance on equity, supporting strategic flexibility and investment capacity over the next 2–6 months.
Improving Leverage ProfileLeverage improvement and stronger capitalization enhance financial resilience. Lower debt-to-equity provides room for pipeline spend and integration costs, reduces refinancing risk, and supports capital allocation decisions through near-term data readouts and integration of acquisitions.
Growth Portfolio & Apellis IntegrationImmediate revenue from Apellis and a fast-growing internal growth portfolio materially diversify and boost Biogen's top line. Expected synergies and accretion in 2027 create a structural revenue and margin uplift that underpins sustainable commercial momentum beyond transient quarterly swings.
Bears Say
Compressed ProfitabilityA meaningful decline in operating and net margins versus prior highs reduces return on invested capital and the firm's buffer against setbacks. Sustained lower profitability constrains reinvestment capacity and heightens sensitivity to pricing, access pressures, and competitive threats over the medium term.
Elevated Post‑deal LeverageHigher net debt after the acquisition increases interest exposure and refinancing needs, limiting near-term financial flexibility. Scheduled repayments and incremental financing costs can pressure cash available for pipeline investments and share capital returns until synergies and accretion materialize.
Rising OpEx And One‑time ChargesMaterial OpEx increases and acquisition-related charges compress near-term earnings and cash generation. Financing-related EPS dilution and one‑offs reduce reported earnings power and raise the bar for the business to deliver accretion and synergies, affecting capital allocation choices in the coming quarters.

Biogen News

BIIB FAQ

What was Biogen’s price range in the past 12 months?
Biogen lowest stock price was CHF222.00 and its highest was CHF222.00 in the past 12 months.
    What is Biogen’s market cap?
    Biogen’s market cap is CHF26.11B.
      When is Biogen’s upcoming earnings report date?
      Biogen’s upcoming earnings report date is Oct 29, 2026 which is in 60 days.
        How were Biogen’s earnings last quarter?
        Biogen released its earnings results on Jul 29, 2026. The company reported CHF2.931 earnings per share for the quarter, beating the consensus estimate of CHF2.393 by CHF0.538.
          Is Biogen overvalued?
          According to Wall Street analysts Biogen’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Biogen pay dividends?
            Biogen does not currently pay dividends.
            What is Biogen’s EPS estimate?
            Biogen’s EPS estimate is 1.65.
              How many shares outstanding does Biogen have?
              Biogen has 147,754,000 shares outstanding.
                What happened to Biogen’s price movement after its last earnings report?
                Biogen reported an EPS of CHF2.931 in its last earnings report, beating expectations of CHF2.393. Following the earnings report the stock price went same 0%.
                  Which hedge fund is a major shareholder of Biogen?
                  Currently, no hedge funds are holding shares in CH:BIIB
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Biogen

                    Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

                    Biogen (BIIB) Earnings & Revenues

                    BIIB Company Deck

                    BIIB Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call highlighted multiple clear commercial and pipeline strengths — notably strong EPS growth, $851M in growth‑product revenue (up 12%), LEQEMBI growth (up 74% YoY) and a robust development cadence with key readouts and program milestones — alongside planned investments and a strategic acquisition (Apellis) expected to be accretive in 2027. Near‑term headwinds include timing/inventory lumpiness, material acquired IPR&D charges impacting near‑term EPS, increased R&D/SG&A investments and regulatory/clinical binary risks on pioneering programs. On balance, management portrayed confidence in execution, cash flow and future growth optionality.View all CH:BIIB earnings summaries

                    BIIB Revenue Breakdown

                    71.98%71.98%18.81%1.80%7.41%
                    71.98% Product revenue
                    18.81% Revenue from anti-CD20 therapeutic programs
                    1.80% Alzheimer's collaboration revenue
                    7.41% Contract manufacturing, royalty and other revenue
                    tipranks

                    BIIB Stock 12 Month Forecast

                    Average Price Target

                    CHF188.07
                    ▼(-15.28% Downside)
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22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":222,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":222,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 24,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 31, \t&nbsp;</span>\n     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