BIIB Stock Chart & Stats
$3678.00
$0.00(0.00%)
At close: 4:00 PM EDT
$3678.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$2,312.01 - $3,893.99
Previous CloseN/A
Volume0.00
Average Volume (3M)59.00
Market Cap
$532.96B
Enterprise Value$39.20K
Total Cash (Recent Filing)$1.28B
Total Debt (Recent Filing)$8.36B
Price to Earnings (P/E)35.7
Beta0.02
Next Earnings
Oct 29, 2026EPS Estimate
38.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.68
Shares Outstanding147,754,000
10 Day Avg. Volume28
30 Day Avg. Volume59
Financial Highlights & Ratios
PEG Ratio-0.95
Price to Book (P/B)1.41
Price to Sales (P/S)2.63
P/FCF Ratio12.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4,002.34Price Target Upside8.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)219.39
Revenue Forecast (FY)$179.61B
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.
BIIB FAQ
What was Biogen’s price range in the past 12 months?
Biogen lowest stock price was $2312.01 and its highest was $3893.99 in the past 12 months.
What is Biogen’s market cap?
Biogen’s market cap is $532.96B.
When is Biogen’s upcoming earnings report date?
Biogen’s upcoming earnings report date is Oct 29, 2026 which is in 89 days.
How were Biogen’s earnings last quarter?
Biogen released its earnings results on Jul 29, 2026. The company reported $62.464 earnings per share for the quarter, beating the consensus estimate of $50.995 by $11.469.
Is Biogen overvalued?
According to Wall Street analysts Biogen’s price is currently Undervalued.
Does Biogen pay dividends?
Biogen does not currently pay dividends.
What is Biogen’s EPS estimate?
Biogen’s EPS estimate is 38.21.
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 $62.464 in its last earnings report, beating expectations of $50.995. 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 MX: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
Biogen Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$4,002.34 (8.82% Upside)
$4,002.34 (8.82% Upside)
Blogger Sentiment
Neutral
MX:BIIB Sentiment 57%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.49%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
13.26%
Trailing 12-Months
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.
BIIB Company Deck
BIIB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly constructive commercial and pipeline narrative: top-line momentum (Q2 revenue up 3% and strong growth-portfolio performance), immediate contributions from the Apellis acquisition (SYFOVRE and Empaveli) and an active late-stage registrational cadence provide tangible near‑ and mid‑term growth catalysts. Offsetting these positives are notable near-term costs, one-time IPR&D/milestone charges, financing-related EPS dilution in 2026, and elevated leverage following the acquisition. Management emphasized strong execution, multiple upcoming data readouts, and guidance improvement, while acknowledging access, competitive and scientific risks.View all MX:BIIB earnings summariesBIIB Revenue Breakdown
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

BIIB Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$4,002.34
▲(8.82% Upside)
Technical Analysis
1 Day
3 Days
1 Week
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