Biogen Inc. (BIIB)
NASDAQ: BIIB · Real-Time Price · USD
197.59
-0.62 (-0.31%)
Sep 18, 2024, 4:00 PM EDT - Market closed

Biogen Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Biogen stock have an average target of 278.13, with a low estimate of 190 and a high estimate of 373. The average target predicts an increase of 40.76% from the current stock price of 197.59.

Analyst Consensus: Buy
Target Low Average Median High
Price $190 $278.13 $285 $373
Change -3.84% +40.76% +44.24% +88.77%

Analyst Ratings

The average analyst rating for Biogen stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 977777
Buy 99981010
Hold 777766
Sell 000000
Strong Sell 000000
Total 252323222323

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$292
Buy Reiterates $292 +47.78% Sep 9, 2024
Needham
Needham
Strong Buy
Reiterates
$285
Strong Buy Reiterates $285 +44.24% Sep 4, 2024
Needham
Needham
Strong Buy
Reiterates
$285
Strong Buy Reiterates $285 +44.24% Aug 19, 2024
Mizuho
Mizuho
Buy
Maintains
$277$251
Buy Maintains $277$251 +27.03% Aug 6, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$340$302
Strong Buy Reiterates $340$302 +52.84% Aug 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.83B
from 9.84B
Decreased by -0.06%
Revenue Next Year
9.76B
from 9.83B
Decreased by -0.75%
EPS This Year
16.47
from 7.97
Increased by 106.64%
EPS Next Year
17.48
from 16.47
Increased by 6.11%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
14.38B13.44B10.98B10.17B9.84B9.83B9.76B9.99B
Revenue Growth
6.88%-6.49%-18.32%-7.36%-3.32%-0.06%-0.75%2.36%
EPS
31.4224.8010.4020.877.9716.4717.4818.72
EPS Growth
45.60%-21.07%-58.06%100.67%-61.81%106.64%6.11%7.14%
Forward PE
-----12.0011.3110.55
No. Analysts -----363629
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 10.4B 10.9B 11.2B
Avg 9.8B 9.8B 10.0B
Low 9.2B 8.7B 8.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.0%
10.4%
15.1%
Avg
-0.1%
-0.8%
2.4%
Low
-6.3%
-11.4%
-11.2%

EPS Forecast

EPS 20242025202620272028
High 17.57 21.00 23.16
Avg 16.47 17.48 18.72
Low 15.60 14.14 14.94

EPS Growth

EPS Growth 20242025202620272028
High
120.4%
27.5%
32.5%
Avg
106.6%
6.1%
7.1%
Low
95.8%
-14.1%
-14.5%
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.