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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
198.460
Open
195.550
VWAP
196.52
Vol
1.91M
Mkt Cap
28.94B
Low
195.110
Amount
374.47M
EV/EBITDA(TTM)
9.00
Total Shares
147.64M
EV
31.00B
EV/OCF(TTM)
11.97
P/S(TTM)
2.91
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.
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Events Timeline

(ET)
2026-05-21
18:10:00
Biogen and Denali Discontinue BIIB122 Development
select
2026-05-19 (ET)
2026-05-19
06:40:00
Immunic Appoints Michael Bonney as Board Chair
select
2026-05-14 (ET)
2026-05-14
09:00:00
U.S. Futures Rise as Market Optimism Rebounds
select
2026-05-14
09:00:00
Biogen Completes Acquisition of Apellis Pharmaceuticals
select

News

seekingalpha
2.0
05-27seekingalpha
Italy Investigates Biogen for Market Dominance Abuse
  • Market Dominance Investigation: The Italian Competition Authority has launched an investigation into Biogen (BIIB) for allegedly abusing its dominant position to hinder Sandoz (SDZXF) from selling a competing multiple sclerosis medication, raising concerns about unfair market practices.
  • Antitrust Action Details: Officials from Italy's antitrust authority and the Special Antitrust Unit of the Italian Financial Police conducted inspections at Biogen's Italian premises on Tuesday, reflecting the regulator's serious commitment to ensuring competition in the pharmaceutical market.
  • Market Impact: Following Biogen's loss of exclusivity for Tysabri (natalizumab) in 2024, Sandoz introduced a low-cost biosimilar, with the regulator noting that Biogen's actions may have prevented Italy's National Health Service from realizing at least 20% in cost savings associated with biosimilars.
  • Cooperation Statement: Biogen stated it is
NASDAQ.COM
8.5
05-22NASDAQ.COM
Biotech Sector Regulatory Approvals and Collaborations
  • Kidney Cancer Treatment Breakthrough: HUTCHMED and Innovent received NMPA approval in China for the ELUNATE-TYVYT combination therapy, supported by the FRUSICA-2 study showing a 63% reduction in disease progression or death risk, with a median progression-free survival of 22.2 months, significantly improving patient outcomes and enhancing market competitiveness.
  • Antibiotic Market Expansion: Sunshine Biopharma received Canadian approval for its generic Amoxicillin, with shipments expected to begin in August 2026, aiming to increase access to high-quality antibiotics for treating common infections, which is anticipated to drive revenue growth for the company.
  • Liquid Biopsy Technology Innovation: Guardant Health gained FDA approval for Guardant360 Liquid CDx, now the largest liquid biopsy panel with a genomic footprint 100 times broader than its predecessor, enhancing tumor profiling capabilities and expected to boost the company's market share in precision medicine.
  • New Hypertension Drug Launch: AstraZeneca received FDA approval for BAXFENDY for hypertension patients, based on positive results from the BaxHTN Phase III trial, which is expected to strengthen the company's competitive position in the cardiovascular drug market and further expand its product line.
PRnewswire
9.5
05-22PRnewswire
Biogen Shares Plunge 6.4% After CELIA Trial Misses Endpoint
  • Trial Failure: On May 14, 2026, Biogen disclosed that its CELIA trial for diranersen failed to meet its primary dose-response endpoint, resulting in a 6.4% drop in stock price and billions in market value loss, indicating a market reassessment of the company's near-term pipeline value.
  • Investor Losses: Many investors, particularly those who purchased Biogen shares at higher prices, are facing significant losses and may be eligible to participate in legal investigations aimed at recovering damages related to the trial's disappointing results.
  • Market Reaction: Following the release of the CELIA trial data, Biogen's stock experienced a sharp decline on heavy trading volume, reflecting investor concerns about the company's future prospects, especially given management's previous confidence expressed during the Q1 2025 earnings call.
  • Legal Investigation Initiated: The law firm Levi & Korsinsky has launched an investigation into whether Biogen made materially false or misleading statements regarding its pipeline prospects and the status of the CELIA trial, encouraging investors to gather trading records to participate in potential legal actions.
seekingalpha
9.0
05-22seekingalpha
Biogen and Denali Halt Development of Parkinson's Drug BIIB122
  • Trial Setback: Biogen (BIIB) and Denali (DNLI) announced the discontinuation of BIIB122 after their Phase 2b LUMA study for early-stage Parkinson's disease failed to meet primary and secondary endpoints, marking a significant setback in their drug development efforts.
  • Mechanism Exploration: BIIB122 was designed to inhibit the LRRK2 mutation associated with Parkinson's disease; despite the disappointing results, Denali's medical chief, Peter Chin, emphasized the need for further exploration of LRRK2 as a potential therapeutic target, indicating future research directions.
  • Continued Research: Denali will proceed with its Phase 2a BEACON study for BIIB122 in LRRK2-associated Parkinson's disease, which is expected to generate data in H1 2027, potentially providing new insights into treatment options in this area.
  • Market Reaction: Following the announcement, shares of Biogen and Denali fell in premarket trading on Friday, reflecting investor concerns about the companies' prospects in the neurodegenerative disease space, which may impact future funding and R&D investments.
NASDAQ.COM
9.0
05-22NASDAQ.COM
Biogen and Denali Discontinue BIIB122 for Parkinson's Disease
  • Clinical Trial Results: Biogen and Denali's BIIB122 did not meet primary and secondary endpoints in the LUMA study, leading to the decision to discontinue its development for idiopathic Parkinson's disease, indicating the drug's ineffectiveness in slowing disease progression.
  • Study Participation: The LUMA trial enrolled 648 adults aged 30 to 80 with early-stage Parkinson's disease, with participants receiving either BIIB122 or placebo for 48 to 144 weeks, designed to test whether LRRK2 inhibition could improve underlying disease biology.
  • Biomarker Data: Despite the lack of clinical efficacy, exploratory biomarker data confirmed over 90% inhibition of peripheral LRRK2 activity and a 30% reduction in cerebrospinal fluid biomarkers in a sub-study, suggesting potential biological mechanisms for the drug.
  • Future Research Directions: While BIIB122 will no longer be pursued for idiopathic Parkinson's disease, Denali will continue its independent Phase 2a BEACON study evaluating the same drug in individuals with pathogenic LRRK2 variants, with data expected in the first half of 2027.
NASDAQ.COM
9.0
05-22NASDAQ.COM
Biogen and Denali Halt Development of Parkinson's Drug BIIB122
  • Clinical Trial Results: Biogen and Denali's LUMA study revealed that BIIB122 did not slow disease progression compared to placebo, with the primary endpoint failing to meet expectations, indicating significant shortcomings in the drug's therapeutic efficacy.
  • Biomarker Analysis: Although exploratory biomarker data confirmed over 90% peripheral LRRK2 kinase inhibition, cerebrospinal fluid analysis showed only a 30% reduction in phosphorylated Rab10, failing to substantiate the drug's clinical effectiveness.
  • Safety Assessment: BIIB122 maintained stable drug levels in blood and cerebrospinal fluid, and was generally well tolerated, with safety data indicating no severe adverse reactions during short-term use.
  • Future Plan Adjustments: Based on the trial results, Biogen and Denali decided to discontinue further development of BIIB122 in idiopathic Parkinson's disease, while Denali will independently continue with the Phase 2a BEACON study targeting carriers of pathogenic LRRK2 variants.
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
RBC Capital
maintain
$222 -> $227
AI Analysis
2026-05-27
New
Reason
RBC Capital
Price Target
$222 -> $227
AI Analysis
2026-05-27
New
maintain
Reason
RBC Capital raised the firm's price target on Biogen to $227 from $222 and keeps an Outperform rating on the shares. The firm is citing findings from its multi-symposium with three top key opinion leaders to discuss the recent and upcoming data for Biogen's high-profile programs in kidney disease, Alzheimer's and lupus, the analyst tells investors in a research note. The experts were most excited about litifilimab in Cutaneous Lupus Erythematosus, or CLE, dapi-pegol in Systemic Lupus Erythematosus, felzartamab in antibody-mediated rejection, and Leqembi's subQ impact, and a bit more enthusiastic on BIIB080 than RBC, the firm added.
Evercore ISI
resume
$15
2026-05-15
Reason
Evercore ISI
Price Target
$15
2026-05-15
resume
Reason
Evercore ISI resumed coverage of Biogen with an Outperform rating. Biogen's recent update "brings a mix of insights regarding the tau program for Alzheimer's treatment" and while the primary efficacy endpoint was not met, there are "key nuances worth noting," the analyst tells investors. Accelerating EPS potential appears favorable and the current EPS forecast of about $15 "might see meaningful upside," the analyst added.
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 14.10, compared to its 5-year average forward P/E of 13.89. 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
13.89
Current PE
14.10
Overvalued PE
17.40
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
10.37
Current EV/EBITDA
10.19
Overvalued EV/EBITDA
12.74
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
3.33
Current PS
2.82
Overvalued PS
4.14
Undervalued PS
2.52

Financials

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Whales Holding BIIB

M
Mubadala Investment Company PJSC
Holding
BIIB
+59.13%
3M Return
P
Portolan Capital Management, LLC
Holding
BIIB
+27.22%
3M Return
P
PRIMECAP Management Company
Holding
BIIB
+25.36%
3M Return
F
Fred Alger Management, LLC
Holding
BIIB
+25.20%
3M Return
G
Gotham Asset Management, LLC
Holding
BIIB
+21.26%
3M Return
P
Point72 Asset Management, L.P.
Holding
BIIB
+19.20%
3M Return

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Frequently Asked Questions

What is Biogen Inc (BIIB) stock price today?

The current price of BIIB is 196 USD — it has decreased -0.2

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 May 30 2026.

What is Biogen Inc (BIIB) market cap?

Today BIIB has the market capitalization of 28.94B USD.