Biogen Inc.

Biogen Inc.

BIIBยทNASDAQ

$195.96

+3.8%
HealthcareDrug Manufacturers - General

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; and FUMADERM to treat plaque psoriasis. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; ADUHELM for the treatment of Alzheimer's disease; IMRALDI, an adalimumab biosimilar referencing HUMIRA; and FLIXABI, an infliximab biosimilar referencing REMICADE. In addition, the company offers RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; and OCREVUS for treating relapsing MS and primary progressive MS; and other anti-CD20 therapies. Further, it develops BIIB135, BIIB061, BIIB091, and BIIB107 for MS and neuroimmunology; Aducanumab, Lecanemab, BIIB076, and BIIB080 to treat Alzheimer's disease and dementia; BIIB067, BIIB078, BIIB105, BIIB100, and BIIB110 to treat neuromuscular disorders; BIIB124, BIIB094, BIIB118, BIIB101, and BIIB122 for treating Parkinson's disease and movement disorders; BIIB125 and BIIB104 for treating neuropsychiatry; Dapirolizumab pegol and BIIB059 to treat immunology related diseases; BIIB093 and BIIB131 to treat acute neurology; BIIB074 for neuropathic pain; and BYOOVIZ, BIIB800, and SB15 biosimilars, which are under various stages of development. The company has collaboration and license agreements with 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. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$28.93B
EPS8.8500
P/E Ratio22.14
Earnings Date07/30/2026
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Biogen Inc. Street Expectations Map

BIIB ยท NASDAQ

Wall Street analysts project that BIIB stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 212.26, with estimates ranging from a low of 143.00 to a high of 260.00.

Lowest Target
143.00
-27.03%
Consensus Target
212.26
8.32%
Highest Target
260.00
32.68%

The consensus 1-year price target stands at 212.26, with estimates ranging from a low of 143.00 to a high of 260.00.

Analyst Consensus Analysis

Upside Potential

+8.3%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

55.1% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

1.21x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Biogen Inc. Forward Estimates of Revenue

BIIB ยท NASDAQ
Latest Revenue
9.81B
FY 2025
Avg Estimate
9.31B
FY 2026
Estimate Range
8.59B - 9.84B
Analyst Spread

Forward Growth Analysis

Projected Growth-5.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage30 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Biogen Inc. Forward Estimates of Net Income

BIIB ยท NASDAQ
Latest Net Income
1.29B
FY 2025
Avg Estimate
1.82B
FY 2026
Estimate Range
1.62B - 2.52B
Analyst Spread

Forward Growth Analysis

Projected Growth+40.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage30 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread50%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

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Biogen Inc. Forward Estimates of EPS

BIIB ยท NASDAQ
Latest EPS
8.85
FY 2025
Avg Estimate
$15.20
FY 2026
Estimate Range
$11.07 - $17.29
Analyst Spread

Forward Growth Analysis

Projected Growth+71.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage23 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread41%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

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Biogen Inc. Forward Estimates of EBIT

BIIB ยท NASDAQ
Latest EBIT
2.17B
FY 2025
Avg Estimate
2.58B
FY 2026
Estimate Range
2.38B - 2.73B
Analyst Spread

Forward Growth Analysis

Projected Growth+19.3%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage30 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Well-supported growth expectations: Strong analyst coverage combined with positive growth projections provides confidence in forward outlook.

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Biogen Inc. Forward Estimates of EBITDA

BIIB ยท NASDAQ
Latest EBITDA
3.10B
FY 2025
Avg Estimate
3.05B
FY 2026
Estimate Range
2.81B - 3.22B
Analyst Spread

Forward Growth Analysis

Projected Growth-1.7%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage30 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Biogen Inc. Forward Estimates of SG&A Expense

BIIB ยท NASDAQ
Latest SG&A Expense
2.43B
FY 2025
Avg Estimate
2.18B
FY 2026
Estimate Range
2.01B - 2.30B
Analyst Spread

Forward Growth Analysis

Projected Growth-10.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage30 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread13%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Biogen Inc. Insider Positioning

BIIB ยท NASDAQ

During the last 12 months, insiders have purchased $585 and sold $1.03M worth of BIIB shares, resulting in $1.03M of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

3

585.00

Sold

3.4K

665.66K

Net Activity

-665K

-$665K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

2.7K

369.15K

Net Activity

-369K

-$369K

Top Buyers

1
MN

Murphy Nicole

Officer: Head Of Pharm Ops And Tech

3 sharesโ€ข1 transactions

$585

Top Sellers

1
SP

Singhal Priya

Officer: Head Of Development

3.9K sharesโ€ข3 transactions

$735K

2
IR

Izzar Rachid

Officer: Head Of Global Product Strat.

2.2K sharesโ€ข1 transactions

$300K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.03M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

Moderate Selling

2 insider sellers vs. 1 buyers. More insiders selling than buying suggests cautious or negative sentiment.