BIIBBIIBHealthcare · Drug Manufacturers - General

BIIB Stock Forecast: Biogen, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026
$217
+0.78% on the day

The 35 Wall Street analysts covering Biogen, Inc. hold a median 12-month price target of $240 — +10.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 75 of 100 as at 12 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$32.1B
Ticker Nerd rank
75 / 100
Median analyst target
$240
Analysts covering
35
Revenue$2.7B+3.4% y/y
Operating income$482.8M
Net income$97.5M
Free cash flow$308.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.3%
1M
+6.5%
YTD
+23.4%
1Y
+45.9%
From 52W high
−3.3%
From 52W low
+60.0%
$136
$225
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

BIIB stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Biogen, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 12 Sept 2026
75 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
99
Volatility
99
Momentum
88
Quality
86
Accruals
62
Revisions
61
Growth
39
Issuance
32
Size
7

Value (99): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Issuance (32): The company has been issuing shares or taking on financing, diluting existing holders.

Size (7): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

BIIB stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on BIIB, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$150$200$250$300Oct 25Jan 26Apr 26Jul 26BIIBHigh $300Median $240Low $175

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says35 analysts
23 Buy11 Hold1 Sell
Low $175Median $240High $300

The green dot is the last close — the median target sits +10.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
10 Sept 2026HSBCMaintainsReduce$165$175
3 Sept 2026Piper SandlerReiteratesOverweight$225$245
25 Aug 2026RBC CapitalMaintainsOutperform
25 Aug 2026RBC CapitalMaintainsOutperform$240$260
13 Aug 2026Wolfe ResearchUpgradeOutperform$300
13 Aug 2026Wolfe ResearchUpgradeOutperform
4 Aug 2026MizuhoMaintainsOutperform
4 Aug 2026MizuhoMaintainsOutperform$221$241
3 Aug 2026CitigroupMaintainsNeutral
3 Aug 2026CitigroupMaintainsNeutral$200$215
30 July 2026Canaccord GenuityMaintainsBuy$245$248
30 July 2026Canaccord GenuityMaintainsBuy
30 July 2026HC Wainwright & Co.MaintainsBuy$237$251
30 July 2026HC Wainwright & Co.MaintainsBuy
30 July 2026Morgan StanleyMaintainsEqual-Weight
30 July 2026Morgan StanleyMaintainsEqual-Weight$222$231
30 July 2026RBC CapitalMaintainsOutperform$242$240
30 July 2026RBC CapitalMaintainsOutperform
30 July 2026TD CowenMaintainsBuy$215$225
30 July 2026TD CowenMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. BIIB appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

BIIB vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Biogen, Inc. returned +45.9% against +17.5% for the S&P 500, dividends included.

BIIB vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140150Oct 25Jan 26Apr 26Jul 26BIIBS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

BIIB analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−5.5%
Analysts raising
4
Analysts cutting
19
Fundamentals

Biogen, Inc. (BIIB) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
38.6×

Cheaper than 19% of US stocks

Price / sales
3.2×

Cheaper than 39% of US stocks

Price / book
1.7×

Cheaper than 51% of US stocks

EV / EBITDA
11.7×

Cheaper than 32% of US stocks

Growth & margins
Revenue growth (YoY)
3.4%

Higher than 35% of US stocks

Earnings growth (YoY)
−84.6%

Higher than 4% of US stocks

Gross margin
71.6%

Higher than 84% of US stocks

Operating margin
25.1%

Higher than 84% of US stocks

Net margin
8.3%

Higher than 66% of US stocks

Returns & dividend
Return on equity
4.6%

Higher than 53% of US stocks

Return on assets
5.2%

Higher than 77% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Biogen, Inc. (BIIB) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Biogen, Inc. has a market value of $32.1B and an enterprise value of $39.2B.

  • Revenue in the twelve months to 30 June 2026: $10.0B. The latest quarter grew 3.4% year on year.

  • Net income over the same four quarters: $834.6M, a 8.3% net margin.

  • Diluted earnings per share, trailing twelve months: $5.65.

  • Free cash flow in the twelve months to 30 June 2026: $2.5B.

  • Shares outstanding: 147.7M.

  • Trailing P/E: 38.6×; forward P/E: 13.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Biogen, Inc. employs 7,500 people $1.3M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

BIIB vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelDrug Manufacturers - General
CompanyMarket capTKN rank
BIIBBiogen, Inc.$32.1B
75
BMYBristol Myers Squibb Co.$129.6B
99
PFEPfizer Inc.$157.6B
78
GILDGilead Sciences, Inc.$178.4B
93
AMGNAmgen, Inc.$203.4B
90
OGNOrganon & Co.$3.6B
74
MRKMerck & Co., Inc.$357.2B
82

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Biogen, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest BIIB news & analysis

Biogen Sees Pivotal Pipeline Moment as It Expands Beyond Neurology

MarketBeat · 12 Sept 2026neutral

Biogen executives said the company is focused on diversifying beyond its historical neurology concentration, advancing a broader late-stage pipeline and managing expenses as it seeks to return to growth.

Why it matters — A BIIB watcher would care because the company's shift beyond neurology and its late-stage pipeline are central to its stated strategy for returning to growth.

Biogen Inc. (BIIB) Presents at Wells Fargo 21st Annual Healthcare Conference Transcript

Seeking Alpha · 9 Sept 2026neutral

Biogen Inc. presented at the Wells Fargo 21st Annual Healthcare Conference, with a transcript of the event released by Seeking Alpha. The presentation covers the company's remarks at the conference.

Why it matters — BIIB watchers would care because the transcript provides insight into the company's stated position and messaging at a major healthcare investor conference.

Lilly Builds Neuroscience into a New Long-Term Growth Driver

Zacks Investment Research · 8 Sept 2026neutral

Eli Lilly is expanding its neuroscience pipeline through strong growth and mergers and acquisitions, aiming to build neuroscience into a new long-term growth driver beyond its cardiometabolic therapies.

Why it matters — As a fellow neuroscience-focused company, Biogen could face increased competition if Lilly's expanded pipeline gains traction in that therapeutic space.

Stoke Therapeutics and Biogen Present Long-Term Clinical Data that Support the Disease-Modifying Potential of Zorevunersen, an Investigational Medicine for the Treatment of Dravet Syndrome, at the 16th European Epilepsy Congress (EEC)

GlobeNewsWire · 3 Sept 2026positive

Stoke Therapeutics and Biogen presented long-term clinical data at the 16th European Epilepsy Congress showing that four-year results from Phase 1/2a open-label extension studies of zorevunersen, an investigational treatment for Dravet syndrome, demonstrated substantial and durable reductions in seizures and continued improvements in cognition and behavior when used alongside standard-of-care anti-seizure medicines.

Why it matters — The data support the disease-modifying potential of zorevunersen, a key investigational asset in Biogen's pipeline for Dravet syndrome.

LEQEMBI® (lecanemab) Subcutaneous Formulation as an Initiation Treatment for Early Alzheimer's Disease Approved in China

GlobeNewsWire · 3 Sept 2026positive

Eisai and Biogen's LEQEMBI (lecanemab) subcutaneous formulation was approved in China as an initiation treatment for early Alzheimer's disease. It is described as the first and only anti-amyloid therapy in China enabling at-home administration.

Why it matters — China approval of the at-home subcutaneous formulation broadens the commercial availability and accessibility of a key Biogen-partnered Alzheimer's therapy in a major market.

FAQ

Frequently asked questions about BIIB stock

What is the BIIB stock price forecast for 2026-2027?

The 35 Wall Street analysts covering Biogen, Inc. have a median 12-month price target of $240, with estimates ranging from $175 to $300. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is BIIB stock a buy right now?

Of the 35 analysts covering Biogen, Inc., 23 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Biogen, Inc. 75 out of 100 across roughly 4,600 US stocks as at 12 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank BIIB?

As at 12 Sept 2026, Biogen, Inc. ranks 75 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (99 of 100).

Will BIIB stock go up?

No one can know that. What the data says: the median 12-month target from 35 analysts implies +10.5% from the last close, and Ticker Nerd's factor model ranks Biogen, Inc. 75 out of 100 as at 12 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the BIIB stock forecast for 2030?

No analyst covering Biogen, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for BIIB are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $175 to $300 over the next 12 months.

How has BIIB stock performed over the past year?

Biogen, Inc. returned +45.9% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Biogen, Inc. do?

Biogen Inc. is a biotechnology company focused on discovering, developing, and delivering therapies for serious neurological, neurodegenerative, and rare diseases.

What is the latest news on BIIB?

The most recent item we track (MarketBeat, 12 Sept 2026): "Biogen Sees Pivotal Pipeline Moment as It Expands Beyond Neurology". Biogen executives said the company is focused on diversifying beyond its historical neurology concentration, advancing a broader late-stage pipeline and managing expenses as it seeks to return to growth.

Company

About Biogen, Inc.

Biogen Inc. is a biotechnology company focused on discovering, developing, and delivering therapies for serious neurological, neurodegenerative, and rare diseases. Biogen’s current portfolio includes treatments for multiple sclerosis, Alzheimer’s disease, spinal muscular atrophy, amyotrophic lateral sclerosis, and Friedreich’s ataxia, along with therapies and biosimilars used in specialized immunology and related areas. The company also advances medicines through its research and development programs, with a strong emphasis on neuroscience and immunology. Based in Cambridge, Massachusetts, Biogen serves patients and healthcare providers across multiple global markets through its commercial products and collaborations. Its role in the financial market is shaped by its concentration in specialty biopharmaceuticals, recurring demand for chronic-disease treatments, and continued activity in pipeline development and product commercialization.

CEO Mr. Christopher A. Viehbacher · 7,500 employees · United States · https://www.biogen.com