Val
—
Gro
—
Qua
—
Mom
—
Sta
—
Cap—
P/S3.11
P/E—
Fwd P/E12.58
PEG4.79
52W— – —
RSI—
Target$228.76 (+9.3%)
Beta0.16
Div—
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RSI (14)
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Biogen Inc. discovers, develops, manufactures, and delivers therapies 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 referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE. It offers LEQEMBI for the treatment of Alzheimer's disease; ZURZUVAE for the treatment of postpartum depression; RITUXAN to treat 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 aRelapsed or refractory diffuse large B-cell lymphoma; and other anti-CD20 therapies. Biogen Inc. has collaboration and license agreements with Merz Therapeutics; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; UCB; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and Sage Therapeutics, Inc., as well as collaborations with Stoke Therapeutics, Inc. for the development and commercialization of zorevunersen, a disease modifying medicine for the treatment of Dravet syndrome; Dayra Therapeutics, Inc. to develop oral macrocyclic peptides; Vanqua Bio, Inc. for developing Vanqua's preclinical oral C5aR1 antagonist compound; City Therapeutics, Inc. to develop select novel RNAi therapies; and ALTEOGEN Inc. to develop subcutaneous (SC) formulations of biologics utilizing ALT-B4. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.
52-Week Range
52W Low
—
52W High
Position in Range
—
RSI (14)
0 · Oversold
RSI 55
Overbought · 100
Signal
Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
2Bullish
0Bearish
0Neutral
▲ Bull Flag — Breakout after +10% pole — bullish continuation
▲ Bull Flag — Breakout after +9% pole — bullish continuation
View overlays on the price chart via Chart tab → Pattern Overlays.
EPS — History & Forecast
Estimate
Beat
Miss
Forecast
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Revenue — History & Forecast
Revenue
Forecast
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EPS Beat Rate
100%
8/8 quarters
Wall Street Consensus
BUY
BuyHoldSell
Price Target Range
$228.76
+9.3% upside
Low $157
—
High $300
Consensus
Current price
Wall Street Analyst Ratings
| Firm | Rating | Change | Action | Date |
|---|---|---|---|---|
| Barclays | Equal-Weight | — | ↔ Maintain | 2026-07-29 |
| Guggenheim | Buy | — | ↔ Maintain | 2026-07-21 |
| B of A Securities | Neutral | — | ↔ Maintain | 2026-07-21 |
| Truist Securities | Buy | Hold → Buy | ▲ Upgrade | 2026-07-13 |
| Morgan Stanley | Equal-Weight | — | ↔ Maintain | 2026-07-08 |
| RBC Capital | Outperform | — | ↔ Maintain | 2026-07-07 |
| Needham | Buy | — | ↔ Maintain | 2026-06-29 |
| Mizuho | Outperform | — | ↔ Maintain | 2026-06-15 |
| Piper Sandler | Overweight | — | ↔ Reiterate | 2026-05-15 |
| Citigroup | Neutral | — | ↔ Maintain | 2026-05-01 |
| Wedbush | Neutral | — | ↔ Maintain | 2026-04-30 |
| UBS | Buy | Neutral → Buy | ▲ Upgrade | 2026-04-22 |
| Wells Fargo | Overweight | Equal-Weight → Overweight | ▲ Upgrade | 2026-04-20 |
| HC Wainwright & Co. | Buy | — | ↔ Maintain | 2026-04-02 |
| Canaccord Genuity | Buy | — | ↔ Maintain | 2026-04-01 |
| Oppenheimer | Outperform | — | ↔ Maintain | 2026-04-01 |
| HSBC | Reduce | — | ↔ Maintain | 2026-03-17 |
| Freedom Broker | Hold | — | ↔ Maintain | 2026-02-23 |
| JP Morgan | Neutral | — | ↔ Maintain | 2026-02-09 |
| BMO Capital | Market Perform | — | ↔ Maintain | 2026-02-09 |
| TD Cowen | Buy | — | ↔ Maintain | 2026-02-09 |
| Stifel | Buy | Hold → Buy | ▲ Upgrade | 2025-11-06 |
| Bernstein | Market Perform | — | ↔ Maintain | 2025-11-03 |
Barclays
2026-07-29
Equal-Weight
↔ Maintain
Guggenheim
2026-07-21
Buy
↔ Maintain
B of A Securities
2026-07-21
Neutral
↔ Maintain
Truist Securities
2026-07-13
Buy
(from Hold)
▲ Upgrade
Morgan Stanley
2026-07-08
Equal-Weight
↔ Maintain
RBC Capital
2026-07-07
Outperform
↔ Maintain
Needham
2026-06-29
Buy
↔ Maintain
Mizuho
2026-06-15
Outperform
↔ Maintain
Piper Sandler
2026-05-15
Overweight
↔ Reiterate
Citigroup
2026-05-01
Neutral
↔ Maintain
Wedbush
2026-04-30
Neutral
↔ Maintain
UBS
2026-04-22
Buy
(from Neutral)
▲ Upgrade
Wells Fargo
2026-04-20
Overweight
(from Equal-Weight)
▲ Upgrade
HC Wainwright & Co.
2026-04-02
Buy
↔ Maintain
Canaccord Genuity
2026-04-01
Buy
↔ Maintain
Oppenheimer
2026-04-01
Outperform
↔ Maintain
HSBC
2026-03-17
Reduce
↔ Maintain
Freedom Broker
2026-02-23
Hold
↔ Maintain
JP Morgan
2026-02-09
Neutral
↔ Maintain
BMO Capital
2026-02-09
Market Perform
↔ Maintain
TD Cowen
2026-02-09
Buy
↔ Maintain
Stifel
2025-11-06
Buy
(from Hold)
▲ Upgrade
Bernstein
2025-11-03
Market Perform
↔ Maintain
Profitability
Gross Margin
78.72%TTM
Op. Margin
22.90%TTM
ROE
7.70%TTM
Rev. Growth
1.90%YoY
Free Cash Flow
1.93BTTM
FCF Yield
—TTM
Balance Sheet
Debt / Equity
35.18MRQ
Current Ratio
3.06MRQ
Cash
4.28BMRQ
Total Debt
6.56BMRQ
Net Debt
—MRQ
How BIIB Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 30.91B |
| Enterprise Value | 32.63B |
| Trailing P/E | 22.52 |
| Forward P/E | 12.58 |
| PEG Ratio (5yr) | 4.79 |
| Price/Sales (ttm) | 3.11 |
| Price/Book (mrq) | 1.68 |
| EV/Revenue | 3.28 |
| EV/EBITDA | 9.22 |
Share Statistics
| Avg Vol (3m) | 1.24M |
| Shares Outstanding | 147.75M |
| Float | 147.18M |
| % Held by Insiders | 0.19% |
| % Held by Institutions | 96.42% |
| Short Ratio | 3.87 |
| Short % of Float | 4.53% |
Profitability
| Gross Margin | 78.72% |
| Operating Margin (ttm) | 22.90% |
| Profit Margin | 13.80% |
| Return on Assets (ttm) | 5.95% |
| Return on Equity (ttm) | 7.70% |
Income Statement
| Revenue (ttm) | 9.94B |
| Revenue Growth (yoy) | 1.90% |
| Gross Profit (ttm) | 7.82B |
| EBITDA | 3.54B |
| Net Income (ttm) | 1.37B |
| Diluted EPS (ttm) | 9.29 |
| EPS Growth (yoy) | 31.10% |
Balance Sheet
| Total Cash (mrq) | 4.28B |
| Total Debt (mrq) | 6.56B |
| Debt / Equity (mrq) | 35.18 |
| Current Ratio (mrq) | 3.06 |
| Book Value / Share | 124.36 |
| Operating CF (ttm) | 2.59B |
| Free Cash Flow (ttm) | 1.93B |
Trading & Dividends
| Beta (5Y) | 0.16 |
| 50-Day MA | 199.63 |
| 200-Day MA | 182.45 |
| Fwd Dividend Yield | N/A |
| Payout Ratio | 0.00% |
Ownership Breakdown
Institutional 96.42%
Insider 0.19%
Public 3.4%
Short Interest
4.53% of float
Moderate
Institutional 13F Holdings
Famous investors who disclosed a position in BIIB in their latest SEC 13F filing.
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Insider Transactions
| Date | Insider | Role | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-09 | PANGALOS MENELAS N | Director | 2,370 | — | |
| 2026-06-09 | ROWINSKY ERIC K. | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | HAWKINS WILLIAM A III | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | SHERWIN STEPHEN A | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | FREIRE MARIA C | Director | Stock Award(Grant) at price 0.00 per share. | 2,005 | — |
| 2026-06-09 | MANTAS JESUS B | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | PATOLAWALA MONISH D | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | LANGER SUSAN | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | PANGALOS MENELAS N | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-06-09 | MINOR LLOYD B. | Director | Stock Award(Grant) at price 0.00 per share. | 1,505 | — |
| 2026-05-01 | KEENEY ADAM JAMES | Officer | 939 | — | |
| 2026-04-01 | GODBOUT SEAN | Officer | 181 | — | |
| 2026-02-12 | MURPHY NICOLE | Officer | Purchase at price 195.04 per share. | 3 | $585 |
| 2026-02-09 | SINGHAL PRIYA | Officer | Sale at price 199.83 per share. | 2,660 | $531,548 |
| 2026-02-06 | IZZAR RACHID | Officer | 6,889 | — | |
| 2026-02-06 | MURPHY NICOLE | Officer | 8,725 | — | |
| 2026-02-06 | KEENEY ADAM JAMES | Officer | 5,080 | — | |
| 2026-02-06 | SINGHAL PRIYA | Officer | 6,900 | — | |
| 2026-02-06 | VIEHBACHER CHRISTOPHER | Chief Executive Officer | 24,461 | — | |
| 2026-02-06 | KRAMER ROBIN C. | Chief Financial Officer | 5,003 | — | |
| 2026-02-06 | GREGORY GINGER | Officer | 7,183 | — | |
| 2026-02-06 | ALEXANDER SUSAN H | Officer | 9,046 | — | |
| 2026-02-06 | GROGAN JANE | Officer | 3,258 | — | |
| 2026-02-06 | GODBOUT SEAN | Officer | 1,079 | — | |
| 2026-02-02 | SINGHAL PRIYA | Officer | Sale at price 179.30 per share. | 748 | $134,116 |
PANGALOS MENELAS N
Director
2026-06-09
2,370 sh
—
ROWINSKY ERIC K.
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
HAWKINS WILLIAM A III
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
SHERWIN STEPHEN A
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
FREIRE MARIA C
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
2,005 sh
—
MANTAS JESUS B
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
PATOLAWALA MONISH D
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
LANGER SUSAN
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
PANGALOS MENELAS N
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
MINOR LLOYD B.
Director
Stock Award(Grant) at price 0.00 per share.
2026-06-09
1,505 sh
—
KEENEY ADAM JAMES
Officer
2026-05-01
939 sh
—
GODBOUT SEAN
Officer
2026-04-01
181 sh
—
MURPHY NICOLE
Officer
Purchase at price 195.04 per share.
2026-02-12
3 sh
$585
SINGHAL PRIYA
Officer
Sale at price 199.83 per share.
2026-02-09
2,660 sh
$531,548
IZZAR RACHID
Officer
2026-02-06
6,889 sh
—
MURPHY NICOLE
Officer
2026-02-06
8,725 sh
—
KEENEY ADAM JAMES
Officer
2026-02-06
5,080 sh
—
SINGHAL PRIYA
Officer
2026-02-06
6,900 sh
—
VIEHBACHER CHRISTOPHER
Chief Executive Officer
2026-02-06
24,461 sh
—
KRAMER ROBIN C.
Chief Financial Officer
2026-02-06
5,003 sh
—
GREGORY GINGER
Officer
2026-02-06
7,183 sh
—
ALEXANDER SUSAN H
Officer
2026-02-06
9,046 sh
—
GROGAN JANE
Officer
2026-02-06
3,258 sh
—
GODBOUT SEAN
Officer
2026-02-06
1,079 sh
—
SINGHAL PRIYA
Officer
Sale at price 179.30 per share.
2026-02-02
748 sh
$134,116