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Biogen (BIIB)
NASDAQ:BIIB
Biogen (BIIB) Stock Price & Analysis
4,308 Followers
BIIB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$192.01 - $319.76
Previous Close$192.16
Volume486.72K
Average Volume (3M)1.19M
Market Cap
$27.79B
Enterprise Value$35.27B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$7.34B
Price to Earnings (P/E)24.1
Beta0.42
Next Earnings
Apr 24, 2024EPS Estimate
$3.43Last Dividend Ex-Date
Feb 02, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)7.98
Shares Outstanding145,360,798
10 Day Avg. Volume952,538
30 Day Avg. Volume1,185,796
Standard Deviation0.10
R-Squared0.00006
Alpha0.00294
Financial Highlights & Ratios
Price to Book (P/B)131.71
Price to Sales (P/S)11.89
Price to Cash Flow (P/CF)572.10
P/FCF Ratio838.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.14
Enterprise Value/Gross Profit4.83
Enterprise Value/Ebitda18.35
Forecast
1Y Price Target
$286.77Price Target Upside49.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
Biogen News
PremiumMarket News
QQQ ETF Update, 4/17/2024 
PremiumMarket News
QQQ ETF Update, 4/15/2024 
PremiumMarket News
SPY ETF Update, 4/12/2024 
PremiumMarket News
QQQ ETF Update, 4/11/2024 
PremiumMarket News
SPY ETF Update, 4/10/2024 PremiumMarket News
QQQ ETF Update, 4/9/2024 
PremiumMarket News
SPY ETF Update, 4/4/2024 
PremiumMarket News
QQQ ETF Update, 4/3/2024 Bulls Say, Bears Say
Bulls Say
Drug Approval And Market ImpactLeqembi, as a potential first-to-market Alzheimer's treatment, could significantly enhance the company's market share.
Financial GrowthEarnings are anticipated to grow, with management expecting significant cost savings to materialize by 2025.
Product And Cost EfficiencyThe combination of product ramp and the company's cost cutting program is expected to improve financial performance.
Bears Say
Competitive PressuresErosion for Tysabri is expected to accelerate throughout the year due to biosimilar competition entering the market.
Financial PerformanceRevenue of $2.39bn missed analyst estimates of $2.48bn and adjusted EPS of $2.95 missed consensus of $3.18, leading to lowered expectations for the stock.
Regulatory ChallengesThe BLA filing for the SQ formulation of Leqembi is delayed due to the FDA's request for a Fast Track designation specific to the SQ formulation, causing a delay in submission.
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Ownership Overview
1.95% Insiders
36.29% Mutual Funds
27.93% Other Institutional Investors
33.83% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BIIB FAQ
What was Biogen’s price range in the past 12 months?
Biogen lowest stock price was $192.01 and its highest was $319.76 in the past 12 months.
What is Biogen’s market cap?
Currently, no data Available
When is Biogen’s upcoming earnings report date?
Biogen’s upcoming earnings report date is Apr 24, 2024 which is in 6 days.
How were Biogen’s earnings last quarter?
Biogen released its earnings results on Feb 13, 2024. The company reported $2.95 earnings per share for the quarter, missing the consensus estimate of $3.184 by -$0.234.
Is Biogen overvalued?
According to Wall Street analysts Biogen’s price is currently Undervalued.
Does Biogen pay dividends?
Biogen pays a Notavailable dividend of $22.23 which represents an annual dividend yield of N/A. See more information on Biogen dividends here
What is Biogen’s EPS estimate?
Biogen’s EPS estimate is $3.43.
How many shares outstanding does Biogen have?
Biogen has 145,360,800 shares outstanding.
What happened to Biogen’s price movement after its last earnings report?
Biogen reported an EPS of $2.95 in its last earnings report, missing expectations of $3.184. Following the earnings report the stock price went down -7.392%.
Which hedge fund is a major shareholder of Biogen?
Among the largest hedge funds holding Biogen’s share is PRIMECAP Management Co. It holds Biogen’s shares valued at 4B.
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Biogen Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$286.77 (49.98% Upside)
$286.77 (49.98% Upside)
Blogger Sentiment
Bullish
BIIB Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 327.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $43.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 5.0%
Last 30 Days ▼ 5.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.23%
12-Months-Change
Fundamentals
Return on Equity
8.24%
Trailing 12-Months
Asset Growth
9.33%
Trailing 12-Months
Company Description
Biogen
Incorporated in 1978, Massachusetts-based Biogen, Inc. is a biopharmaceutical company, which discovers, develops, and delivers therapies for the treatment of neurological and neurodegenerative diseases. It offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, VUMERITY, and FAMPYRA for the treatment of multiple sclerosis; SPINRAZA for the treatment of spinal muscular atrophy; and FUMADERM for the treatment of severe plaque psoriasis.
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BIIB Company Deck
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BIIB Earnings Call
Q4 2024
0:00 / 0:00
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BIIB Revenue Breakdown
73.68% Product revenue
17.18% Revenue from anti-CD20 therapeutic programs
9.14% Other
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BIIB Stock 12 Months Forecast
Average Price Target
$286.77
▲(49.98% Upside)
Technical Analysis
Best Analysts Covering BIIB
1 Year
1 Year Success Rate
14/40 ratings generated profit
1 Year Average Return
-7.12%
assigned a buy rating 23 days ago
Copying Robyn Karnauskas's trades and holding each position for 1 Year would result in 35.00% of your transactions generating a profit, with an average return of -7.12% per trade.
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