Biogen Inc

Biogen Inc Stock Forecast & Price Prediction

Live Biogen Inc Stock (BIIB) Price
$222.48

21

Ratings

  • Buy 15
  • Hold 6
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$222.48

P/E Ratio

P/E Ratio not available for BIIB

Volume Traded Today

$896,158

Dividend

Dividends not available for BIIB

52 Week High/low

319.76/215.68

Biogen Inc Market Cap

$32.14B

🛑 Alert: These ten stocks could have higher potential than $BIIB 🛑

Before you buy BIIB you’ll want to see this list of ten stocks that have huge potential. Want to see if BIIB made the cut? Enter your email below

BIIB Summary

From what 21 stock analysts predict, the share price for Biogen Inc (BIIB) might increase by 34.78% in the next year. This is based on a 12-month average estimation for BIIB. Price targets go from $236.00 to $400.00. The majority of stock analysts believe BIIB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

BIIB Analyst Ratings

Biogen Inc has a total of 21 Wall St Analyst ratings. There are 15 buy ratings, 6 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Biogen Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

BIIB stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

colin bristow
UBS

Hold

$250.0

maintained

Feb 16, 2024
elmar kraus
DZ BANK AG

Hold

$236.0

maintained

Feb 15, 2024
george farmer
Scotiabank

Buy

$275.0

maintained

Feb 14, 2024
ami fadia
Needham

Buy

$300.0

reiterated

Feb 14, 2024
brian skorney
Robert W. Baird

Buy

$316.0

rated

Feb 14, 2024
matthew harrison
Morgan Stanley

Buy

$346.0

maintained

Feb 14, 2024
evan seigerman
BMO Capital

Buy

$285.0

maintained

Feb 14, 2024
terence flynn
Morgan Stanley

Buy

$346.0

maintained

Feb 14, 2024
marc goodman
Leerink Partners

Buy

None

maintained

Feb 13, 2024
chris schott
J.P. Morgan

Hold

$270.0

rated

Feb 13, 2024
geoff meacham
Bank of America Securities

Hold

$280.0

maintained

Feb 13, 2024
salveen richter
Goldman Sachs

Buy

$400.0

maintained

Feb 13, 2024
michael yee
Jefferies

Buy

$300.0

maintained

Feb 12, 2024
jay olson
Oppenheimer

Buy

$295.0

maintained

Feb 7, 2024
laura chico
Wedbush

Hold

$245.0

maintained

Jan 29, 2024
mohit bansal
Wells Fargo

Buy

$315.0

maintained

Jan 25, 2024
carter gould
Barclays

Hold

$255.0

maintained

Jan 23, 2024
thomas shrader
BTIG

Hold

None

maintained

Jan 5, 2024
brian abrahams
RBC Capital

Buy

$379.0

maintained

Jan 2, 2024
eric schmidt fca
Cantor Fitzgerald

Buy

$311.0

maintained

Dec 20, 2023

BIIB Company Information

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, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; ADUHELM to treat Alzheimer's disease; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE; and BYOOVIZ, a ranibizumab biosimilar referencing LUCENTIS. It 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; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for non-Hodgkin's lymphoma; and other anti-CD20 therapies. In addition, the company is developing various products for the treatment of MS, Alzheimer's disease and dementia, neuromuscular disorders, Parkinson's disease and movement disorders, neuropsychiatry, genetic neurodevelopmental disorders, and biosimilars, which are under various stages of development. It 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. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

BIIB
Biogen Inc (BIIB)

When did it IPO

0

Staff Count

7,570

Country

United States

Sector/Industry

Healthcare/Drug Manufacturers—General

CEO

Mr. Christopher A. Viehbacher

Market Cap

$32.14B

Biogen Inc(BIIB) Financial Data

In 2023, BIIB generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BIIB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $9.84B
  • Operating Margin TTM 0.19%
  • Gross profit TTM $7.30B
  • Return on assets TTM 0.05%
  • Return on equity TTM 0.08%
  • Profit margin 0.11805%
  • Book value 102.14%
  • Market capitalisation $32.14B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 7.96
  • EPS next year N/A
... ...

Similar Stocks to Biogen Inc BIIB

🛑 Alert: These ten stocks could have higher potential than $BIIB 🛑

Before you buy BIIB you’ll want to see this list of ten stocks that have huge potential. Want to see if BIIB made the cut? Enter your email below

...

BIIB Frequently asked questions

The highest forecasted price for BIIB is $400.00 from ravi mehrotra at Evercore ISI.

The lowest forecasted price for BIIB is $236.00 from elmar kraus from DZ BANK AG

The BIIB analyst ratings consensus are 15 buy ratings, 6 hold ratings, and 0 sell ratings.