Biogen Inc. (BIIB)

NASDAQ: BIIB · Real-Time Price · USD
140.04
-1.56 (-1.10%)
Mar 25, 2025, 1:09 PM EDT - Market open
-1.10%
Market Cap 20.50B
Revenue (ttm) 9.68B
Net Income (ttm) 1.63B
Shares Out 146.37M
EPS (ttm) 11.18
PE Ratio 12.54
Forward PE 8.85
Dividend n/a
Ex-Dividend Date n/a
Volume 564,835
Open 142.35
Previous Close 141.60
Day's Range 139.86 - 142.35
52-Week Range 128.51 - 238.00
Beta 0.01
Analysts Buy
Price Target 220.50 (+57.46%)
Earnings Date Apr 23, 2025

About BIIB

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar r... [Read more]

Sector Healthcare
IPO Date Sep 16, 1991
Employees 7,605
Stock Exchange NASDAQ
Ticker Symbol BIIB
Full Company Profile

Financial Performance

In 2024, Biogen's revenue was $9.68 billion, a decrease of -1.62% compared to the previous year's $9.84 billion. Earnings were $1.63 billion, an increase of 40.57%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for BIIB stock is "Buy." The 12-month stock price forecast is $220.5, which is an increase of 57.46% from the latest price.

Price Target
$220.5
(57.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Biogen Announces Plans for New Global Headquarters and Innovation Hub in Kendall Square

CAMBRIDGE, Mass., March 24, 2025 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) announced plans for its new global headquarters at Kendall Common, located at 75 Broadway in Cambridge, as part of a mul...

1 day ago - GlobeNewsWire

Biogen Inc. (BIIB) Stifel 2025 Virtual CNS Forum Conference (Transcript)

Biogen Inc. (NASDAQ:BIIB) Stifel 2025 Virtual CNS Forum Conference March 18, 2025 10:15 AM ET Company Participants Priya Singhal - Head of Development Conference Call Participants Paul Matteis - Stif...

6 days ago - Seeking Alpha

Biogen Initiates Phase 3 Study of Felzartamab for the Treatment of Late Antibody-Mediated Rejection (AMR) in Kidney Transplant Patients

CAMBRIDGE, Mass., March 11, 2025 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) – announced the initiation of dosing in the global clinical study, TRANSCEND. The Phase 3 study will evaluate the effica...

14 days ago - GlobeNewsWire

Biogen Inc. (BIIB) Management presents at Leerink Global Healthcare Conference 2025 (Transcript)

Biogen Inc. (NASDAQ:BIIB) Leerink Global Healthcare Conference 2025 March 10, 2025 11:20 AM ET Company Participants Alisha Alaimo - President of North America Conference Call Participants Marc Goodma...

14 days ago - Seeking Alpha

Biogen Inc. (BIIB) CEO Chris Viehbacher presents at TD Cowen 45th Annual Health Care Conference (Transcript)

Biogen Inc. (NASDAQ:BIIB) TD Cowen 45th Annual Health Care Conference March 3, 2025 9:10 AM ET Company Participants Chris Viehbacher - CEO Conference Call Participants Phil Nadeau - TD Cowen Phil Nad...

21 days ago - Seeking Alpha

EU regulator not updating opinion on Eisai-Biogen's Alzheimer's drug

European Union's human medicines committee (CHMP) said on Friday it is not updating its opinion on Eisai and Biogen's Alzheimer's drug Leqembi, after it recommended its approval in November.

25 days ago - Reuters

Stoke Therapeutics and Biogen in pact for treatment for severe form of childhood epilepsy

Stoke will receive $165 million upfront and may get up to $385 million in milestone payments.

Other symbols: STOK
5 weeks ago - Market Watch

Biogen and Stoke Therapeutics Enter into Collaboration to Develop and Commercialize Zorevunersen for the Treatment of Dravet Syndrome, a Rare Genetic Epilepsy Associated with Refractory Seizures and Neurodevelopmental Impairments

CAMBRIDGE, Mass. & BEDFORD, Mass.--(BUSINESS WIRE)--Biogen Inc. (Nasdaq: BIIB) and Stoke Therapeutics, Inc. (Nasdaq: STOK) today announced a collaboration for the development and commercialization of ...

Other symbols: STOK
5 weeks ago - Business Wire

Biogen Q4 Earnings Review: Why I'm Calling Time On This 'Powder Puff' Pharma

Biogen's Q4 2024 earnings showed slight revenue growth but Wall Street remains unimpressed due to weak guidance and declining key drug franchises. Leqembi's commercial performance is disappointing, mi...

5 weeks ago - Seeking Alpha

Leqembi And Skyclarys Expected To Drive Biogen's Future Growth: Analysts

On Wednesday, Biogen Inc BIIB reported fourth-quarter adjusted EPS of $3.44, up 17%, beating the consensus of $3.35.

5 weeks ago - Benzinga

Biogen Analysts Lower Their Forecasts After Q4 Results

Biogen Inc BIIB reported better-than-expected earnings for its fourth quarter on Wednesday.

5 weeks ago - Benzinga

Biogen Delivers Q4 Beat, Analyst Focuses On Leqembi Expansion, 2025 Outlook

On Wednesday, Biogen Inc BIIB reported fourth-quarter adjusted EPS of $3.44, up 17%, beating the consensus of $3.35.

5 weeks ago - Benzinga

Biogen Inc. (BIIB) Q4 2024 Earnings Call Transcript

Biogen Inc. (NASDAQ:BIIB) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants Tim Power - Head of IR Chris Viehbacher - President and CEO Priya Singhal - Head of Develo...

5 weeks ago - Seeking Alpha

Biogen's stock hit by soft guidance and a decline in sales of MS drugs

Sales of an Alzheimer's disease treatment were better than expected, but that and a quarterly beat wasn't enough to offset below-consensus EPS outlook.

Other symbols: MS
5 weeks ago - Market Watch

Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short

Biogen posted fourth-quarter revenue and profit that topped expectations as its cost cuts showed progress and new products, including its breakthrough Alzheimer's treatment Leqembi, saw growth.  The b...

5 weeks ago - CNBC

Drugmaker Biogen forecasts 2025 profit below expectations

Biogen forecast 2025 profit below Wall Street expectations on Wednesday, hurt by a strong dollar and fierce competition for its drugs to treat multiple sclerosis.

5 weeks ago - Reuters

Biogen Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Biogen Inc. BIIB will release its fourth-quarter financial results, before the opening bell, on Wednesday, Feb. 12, 2025.

5 weeks ago - Benzinga

Europe to review safety data for Eisai-Biogen Alzheimer's drug

The European Commission has requested its medicines regulator to consider safety information on Eisai and Biogen's Alzheimer's drug Leqembi, the agency said on Friday.

7 weeks ago - Reuters

Update on Regulatory Review of Lecanemab for Early Alzheimer's Disease in the European Union

TOKYO and CAMBRIDGE, Mass., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) and Biogen Inc. (Nasdaq: BIIB, Corporate headquarters: Cambridge, Massach...

7 weeks ago - GlobeNewsWire

Sage rejects Biogen's $469 million takeover offer

Sage Therapeutics said on Monday that its board has unanimously rejected the takeover offer it received from Biogen.

2 months ago - Reuters

US FDA OKs monthly maintenance dosing for Eisai/Biogen's Alzheimer's drug

The U.S. Food and Drug Administration has approved monthly maintenance dosing for Japan's Eisai and partner Biogen's Alzheimer's drug Leqembi, the companies said on Monday.

2 months ago - Reuters

FDA Approves LEQEMBI® (lecanemab-irmb) IV Maintenance Dosing for the Treatment of Early Alzheimer's Disease

Once every four weeks maintenance dosing may be easier for patients and care partners to continue treatment Alzheimer's disease progression does not stop after plaque clearance; ongoing treatment with...

2 months ago - GlobeNewsWire

FDA and EMA Accept Applications for Higher Dose Regimen of Nusinersen in SMA

Applications are based on data from the DEVOTE study, which demonstrate the potential for the investigational higher dose regimen of nusinersen to advance the treatment of SMA Applications are based o...

2 months ago - GlobeNewsWire

Genetic Toxicology Testing Market Research 2024-2034: Increased R&D Activities, Strategic Collaborations, and a Focus on Personalized Therapy Boosts Growth

The Genetic Toxicology Testing market is expected to rise due to rising genetic disease incidence, advancements in genetic toxicology testing technologies, increased R&D activities, strategic collabor...

2 months ago - GlobeNewsWire

Biogen Inc. (BIIB) J.P. Morgan 43rd Annual Healthcare Conference (Transcript)

Biogen Inc. (BIIB) J.P. Morgan 43rd Annual Healthcare Conference (Transcript)

2 months ago - Seeking Alpha