Biogen Inc. (BIIB)

Biogen Stock Forecast

Stock Price Forecast

The 20 analysts that cover Biogen stock have a consensus rating of "Buy" and an average price target of $177.4, which forecasts a 0.32% increase in the stock price over the next year. The lowest target is $115 and the highest is $255.

Price Target: $177.4 (+0.32%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$115	$177.4	$190	$255
Change	-34.97%	+0.32%	+7.45%	+44.21%

Analyst Ratings

The average analyst rating for Biogen stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	5	5	6	6	6	6
Buy	6	6	5	5	4	4
Hold	16	16	16	14	13	11
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	27	27	27	25	23	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Harrison Morgan Stanley	Morgan Stanley	Hold Maintains $149 → $156	Hold	Maintains	$149 → $156	-11.78%	Dec 12, 2025
Mohit Bansal Wells Fargo	Wells Fargo	Hold Maintains $155 → $190	Hold	Maintains	$155 → $190	+7.45%	Dec 10, 2025
Rajesh Kumar HSBC	HSBC	Hold → Sell Downgrades $144 → $143	Hold → Sell	Downgrades	$144 → $143	-19.13%	Dec 10, 2025
David Amsellem Piper Sandler	Piper Sandler	Hold Reiterates $118 → $157	Hold	Reiterates	$118 → $157	-11.21%	Nov 21, 2025
Paul Matteis Stifel	Stifel	Hold → Strong Buy Upgrades $144 → $202	Hold → Strong Buy	Upgrades	$144 → $202	+14.23%	Nov 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

10.02B

Increased by 3.58%

from 9.68B

Revenue Next Year

9.50B

Decreased by -5.19%

from 10.02B

EPS This Year

15.23

Increased by 36.21%

from 11.18

EPS Next Year

15.46

Increased by 1.51%

from 15.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.44B	10.98B	10.17B	9.84B	9.68B	10.02B	9.50B
Revenue Growth	-6.49%	-18.32%	-7.36%	-3.32%	-1.62%	3.58%	-5.19%
EPS	24.80	10.40	20.87	7.97	11.18	15.23	15.46
EPS Growth	-21.07%	-58.07%	100.67%	-61.81%	40.28%	36.21%	1.51%
Forward PE	-	-	-	-	-	11.61	11.44
No. Analysts	-	-	-	-	-	39	39

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	10.6B	10.3B
Avg	10.0B	9.5B
Low	9.5B	8.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	9.9%	2.9%
Avg	3.6%	-5.2%
Low	-1.7%	-16.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	17.01	17.98
Avg	15.23	15.46
Low	14.32	10.79

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	52.2%	18.1%
Avg	36.2%	1.5%
Low	28.1%	-29.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.