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BIIB Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
200.990
Open
200.220
VWAP
196.92
Vol
1.73M
Mkt Cap
29.02B
Low
193.195
Amount
340.64M
EV/EBITDA(TTM)
9.10
Total Shares
147.64M
EV
31.34B
EV/OCF(TTM)
12.10
P/S(TTM)
2.94
Biogen Inc. is a biotechnology company. The Company is focused on discovering, developing and delivering therapies. It has a portfolio of medicines to treat Multiple Sclerosis (MS), has introduced an approved treatment for Spinal Muscular Atrophy (SMA), co-developed treatments to address a defining pathology of Alzheimer's disease and launched an approved treatment to target a genetic cause of Amyotrophic Lateral Sclerosis (ALS). It markets a drug approved in United States, European Union and certain international markets for the treatment of Friedreich Ataxia (FA) in adults and adolescents aged 16 years and older. It is focused on advancing its pipeline in neurology, specialized immunology and rare diseases. Its marketed products include VUMERITY, TYSABRI, TECFIDERA, AVONEX and PLEGRIDY for the treatment of MS; SPINRAZA for the treatment of SMA; SKYCLARYS for the treatment of FA, and QALSODY for the treatment of ALS. Its commercialized products also include EMPAVELI and SYFOVRE.
Show More

Events Timeline

(ET)
2026-06-17
19:30:00
Biogen to Acquire RayThera for Up to $1B
select
2026-06-04 (ET)
2026-06-04
07:40:00
Biogen Receives FDA Breakthrough Therapy Designation for Salanersen
select
2026-06-04
05:40:00
UCB and Biogen Present DZP Clinical Data at EULAR 2026
select
2026-06-01 (ET)
2026-06-01
06:00:00
UCB and Biogen Release Dapirolizumab Clinical Trial Results
select
2026-05-21 (ET)
2026-05-21
18:10:00
Biogen and Denali Discontinue BIIB122 Development
select

News

NASDAQ.COM
7.5
14:04 PMNASDAQ.COM
Denali Sells Rare Pediatric Disease Priority Review Voucher for $195 Million
  • Significant Transaction: Denali Therapeutics announced the sale of its Rare Pediatric Disease Priority Review Voucher (PRV) for $195 million, providing a substantial non-dilutive capital infusion that significantly strengthens its financial position.
  • Product Background: The PRV was granted following the FDA's accelerated approval of Avlayah (tividenofusp alfa-eknm) in March 2026 for treating Hunter syndrome, highlighting the drug's market potential and the company's competitiveness in the rare disease sector.
  • Advancing Clinical Portfolio: The capital infusion will aid Denali in advancing its broad Transport Vehicle-enabled clinical portfolio focused on lysosomal storage disorders and neurodegenerative diseases, further solidifying its position in the biopharmaceutical industry.
  • Collaborations and R&D: Denali collaborates with pharmaceutical giants like Sanofi, Biogen, and Takeda to develop various candidates, and despite the discontinuation of the BIIB122 project with Biogen due to unmet expectations, the company will continue to independently advance other key studies, demonstrating resilience and promising prospects in its R&D efforts.
NASDAQ.COM
8.5
10:03 AMNASDAQ.COM
Biotech Sector Sees FDA Approvals and Layoffs
  • FDA Drug Approval: Spero Therapeutics and GSK announced FDA approval for Utebzi, the first oral carbapenem for complicated urinary tract infections, marking a significant advancement in treatment options for adults with limited choices, which is expected to enhance market share.
  • Expanded Injectable Indication: AbbVie's SKINVIVE received FDA approval to improve neck lines in adults over 21, with pivotal studies showing nearly 75% of patients achieving significant improvement at one month, further solidifying AbbVie's leadership in the aesthetics market.
  • Strategic Acquisition: Biogen agreed to acquire RayThera for up to $1 billion to expand its immunology portfolio, with the transaction expected to close in Q3 2026, enhancing Biogen's competitive position in the immunotherapy space.
  • Layoff Plans: Neumora Therapeutics announced a 35% workforce reduction to save $10 million annually, reflecting strategic adjustments following the failure to meet primary endpoints in clinical trials, aimed at extending cash runway.
seekingalpha
9.5
06-18seekingalpha
U.S. Stock Futures Rise as Investors Eye Four Key Stocks
  • Kroger Earnings Volatility: Kroger Co. (KR) dropped 4.89% in premarket trading despite reporting a 2.2% year-over-year revenue increase to $46.1 billion for Q1, as sales excluding fuel and Vitacost only rose 0.5%, indicating competitive pricing pressures that may raise concerns about future performance.
  • Paramount Acquisition Approval: Paramount Skydance (PSKY) rose 1.10% in premarket after receiving Chinese regulatory approval for its planned $110 billion acquisition of Warner Bros. Discovery, although it still requires UK and European antitrust clearance, potentially providing a boost for future growth.
  • Broadcom Debt Buyback: Broadcom (AVGO) increased 3.07% in premarket following the final results of its cash tender offers to purchase six series of outstanding senior notes, raising the total purchase price from the previously announced $2.5 billion to $3 billion, which may improve liquidity and bolster market confidence.
  • Biogen Acquisition Deal: Biogen (BIIB) was up 0.57% in premarket after entering a definitive agreement to acquire private biotech firm RayThera for up to $1 billion, focusing on expanding its pipeline in the high-growth immunology and anti-inflammatory sectors, reflecting a strategic commitment to future growth opportunities.
seekingalpha
8.5
06-18seekingalpha
Biogen Acquires RayThera to Expand Immunology Pipeline
  • Acquisition Scale: Biogen has entered into a definitive agreement to acquire RayThera, a private biotechnology firm, in a transaction valued at up to $1 billion, aimed at enhancing Biogen's long-term pipeline in the immunology and anti-inflammatory sectors.
  • Payment Structure: The total consideration is heavily back-ended, with an initial cash payment to RayThera shareholders followed predominantly by contingent payments tied to future clinical and regulatory milestones, indicating Biogen's confidence in RayThera's product potential.
  • Clinical Development Plans: RayThera's primary asset is scheduled to advance into Phase 1 clinical development in early Q3 2026, with Biogen assuming full operational leadership over global development, manufacturing, and commercialization efforts, further solidifying its market position.
  • Regulatory Approval Requirements: The transaction is subject to customary closing conditions and antitrust approvals, projected to officially close in Q3 2026, reflecting Biogen's cautious approach in expanding its product line.
NASDAQ.COM
8.5
06-18NASDAQ.COM
Biogen Acquires RayThera for Up to $1 Billion
  • Acquisition Value: Biogen has agreed to acquire RayThera for up to $1 billion, which includes an upfront payment and additional milestone payments tied to clinical and regulatory progress, reflecting the company's commitment to expanding its immunology portfolio.
  • Pipeline Development: RayThera's pipeline includes multiple anti-inflammatory assets targeting immune-mediated diseases, with its lead candidate expected to enter Phase 1 trials in Q3 2026, marking the first clinical program to advance under Biogen's ownership and enhancing its pipeline diversity.
  • Strategic Integration: Biogen stated that this acquisition strengthens its long-term strategy in immunology, as the early-stage assets will complement its existing portfolio, thereby enhancing its competitive position in the market.
  • Global Development Capabilities: RayThera's CEO highlighted Biogen's global development capabilities as a natural fit for advancing their programs into Phase 1 and beyond, which will accelerate clinical progress and enhance market potential for RayThera's assets.
stocktwits
8.5
06-18stocktwits
Biogen Acquires RayThera to Enhance Immunology Pipeline
  • Acquisition Scale: Biogen announced the acquisition of San Diego-based RayThera for up to $1 billion, which includes upfront payments and milestone payments tied to clinical and regulatory successes, expected to close in Q3 2026, indicating Biogen's ongoing expansion in immunotherapy.
  • Pipeline Potential: RayThera focuses on developing small-molecule anti-inflammatory drugs, with its lead candidate set to enter clinical trials in early Q3 2026; Biogen will take full responsibility for further development and global commercialization, enriching its immunology pipeline.
  • Strategic Significance: This acquisition marks Biogen's second major deal this year, following the March purchase of Apellis Pharmaceuticals, further solidifying its position in immunology and rare diseases, and is expected to create new revenue growth opportunities.
  • Market Reaction: Following the acquisition announcement, Biogen's shares edged down about 0.4% in after-hours trading, although the stock has gained 12% this year, reflecting market recognition of its long-term growth potential.
Wall Street analysts forecast BIIB stock price to rise
26 Analyst Rating
Wall Street analysts forecast BIIB stock price to rise
11 Buy
14 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
143.00
Averages
204.45
High
246.00
Current: 0.000
sliders
Low
143.00
Averages
204.45
High
246.00
Morgan Stanley
Equal Weight
maintain
$206 -> $224
AI Analysis
2026-06-18
New
Reason
Morgan Stanley
Price Target
$206 -> $224
AI Analysis
2026-06-18
New
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Biogen to $224 from $206 and keeps an Equal Weight rating on the shares. The company presenting full Phase 2 Alzheimer's data for pipeline drug diranersen at the AAIC conference being held July 12-15 represents the next catalyst for the stock, says the analyst, who also updated the firm's model for the closing of the Apellis acquisition.
Mizuho
Salim Syed
Outperform
downgrade
$236 -> $221
2026-06-15
New
Reason
Mizuho
Salim Syed
Price Target
$236 -> $221
2026-06-15
New
downgrade
Outperform
Reason
Mizuho analyst Salim Syed lowered the firm's price target on Biogen to $221 from $236 and keeps an Outperform rating on the shares. The firm updated the company's model post the Q1 report. Mizuho moderated its Leqembi sales ramp to be more in-line with Eisai's recent investor day slides.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BIIB
Unlock Now

Valuation Metrics

The current forward P/E ratio for Biogen Inc (BIIB.O) is 14.22, compared to its 5-year average forward P/E of 13.83. For a more detailed relative valuation and DCF analysis to assess Biogen Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
13.83
Current PE
14.22
Overvalued PE
17.28
Undervalued PE
10.38

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.33
Current EV/EBITDA
10.23
Overvalued EV/EBITDA
12.66
Undervalued EV/EBITDA
8.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.30
Current PS
2.82
Overvalued PS
4.09
Undervalued PS
2.51

Financials

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Whales Holding BIIB

P
Portolan Capital Management, LLC
Holding
BIIB
+39.36%
3M Return
P
PRIMECAP Management Company
Holding
BIIB
+37.24%
3M Return
S
Suvretta Capital Management, LLC
Holding
BIIB
+29.37%
3M Return
F
Fred Alger Management, LLC
Holding
BIIB
+26.14%
3M Return
P
Point72 Asset Management, L.P.
Holding
BIIB
+25.59%
3M Return
G
Gotham Asset Management, LLC
Holding
BIIB
+22.36%
3M Return

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Frequently Asked Questions

What is Biogen Inc (BIIB) stock price today?

The current price of BIIB is 196.58 USD — it has decreased -1.05

What is Biogen Inc (BIIB)'s business?

Biogen Inc. is a biotechnology company. The Company is focused on discovering, developing and delivering therapies. It has a portfolio of medicines to treat Multiple Sclerosis (MS), has introduced an approved treatment for Spinal Muscular Atrophy (SMA), co-developed treatments to address a defining pathology of Alzheimer's disease and launched an approved treatment to target a genetic cause of Amyotrophic Lateral Sclerosis (ALS). It markets a drug approved in United States, European Union and certain international markets for the treatment of Friedreich Ataxia (FA) in adults and adolescents aged 16 years and older. It is focused on advancing its pipeline in neurology, specialized immunology and rare diseases. Its marketed products include VUMERITY, TYSABRI, TECFIDERA, AVONEX and PLEGRIDY for the treatment of MS; SPINRAZA for the treatment of SMA; SKYCLARYS for the treatment of FA, and QALSODY for the treatment of ALS. Its commercialized products also include EMPAVELI and SYFOVRE.

What is the price predicton of BIIB Stock?

Wall Street analysts forecast BIIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BIIB is204.45 USD with a low forecast of 143.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Biogen Inc (BIIB)'s revenue for the last quarter?

Biogen Inc revenue for the last quarter amounts to 2.48B USD, increased 1.93

What is Biogen Inc (BIIB)'s earnings per share (EPS) for the last quarter?

Biogen Inc. EPS for the last quarter amounts to 2.15 USD, increased 31.10

How many employees does Biogen Inc (BIIB). have?

Biogen Inc (BIIB) has 7500 emplpoyees as of June 19 2026.

What is Biogen Inc (BIIB) market cap?

Today BIIB has the market capitalization of 29.02B USD.