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Biogen (BIIB)
NASDAQ:BIIB
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BIIB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$145.07 - $258.71
Previous Close$152.21
Volume1.19M
Average Volume (3M)1.50M
Market Cap
$22.18B
Enterprise Value$28.83B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$6.65B
Price to Earnings (P/E)13.8
Beta0.76
Next Earnings
Jan 30, 2025EPS Estimate
$3.41Last Dividend Ex-Date
Feb 02, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)11.07
Shares Outstanding145,719,340
10 Day Avg. Volume1,591,836
30 Day Avg. Volume1,497,184
Standard Deviation0.09
R-Squared0.00168
Alpha-0.00635
Financial Highlights & Ratios
PEG Ratio1.42
Price to Book (P/B)1.36
Price to Sales (P/S)2.31
Price to Cash Flow (P/CF)5.90
P/FCF Ratio6.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.00
Enterprise Value/Gross Profit3.95
Enterprise Value/Ebitda9.22
Forecast
1Y Price Target
$231.90Price Target Upside52.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Biogen News
PremiumMarket News
SPY ETF News, 1/3/2025
PremiumMarket News
VOO ETF News, 1/2/2025
PremiumMarket News
SPY ETF Update, 12/31/2024
PremiumMarket News
VOO ETF Update, 12/30/2024 Bulls Say, Bears Say
Bulls Say
Acquisitions And Growth StrategyBIIB completed two high-profile acquisitions while management indicates they hold capacity for an additional ~$8B-$10B in transactions.
Product DevelopmentFelzartamab is expected to be a differentiated product in IgAN and a solid early entrant in pMN and AMR.
Regulatory ApprovalsBiogen partner Eisai's request for the EMA's CHMP to reexamine the MAA for lecanemab in amyloid-positive early Alzheimer's disease has paid off with a positive recommendation.
Bears Say
EarningsThe Ocrevus royalty, which is a significant contributor to earnings, will face a substantial reduction once a biosimilar is FDA approved.
Pipeline ConcernsBiogen's pipeline remains underdeveloped following recent program cost cuts, with limited impactful catalysts expected in the near future.
Product ChallengesLeqembi's growth is anticipated to be modest and may not meet market expectations, impacting stock performance.
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Ownership Overview
0.14% Insiders
34.91% Mutual Funds
0.06% Other Institutional Investors
32.65% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BIIB FAQ
What was Biogen’s price range in the past 12 months?
Biogen lowest stock price was $145.07 and its highest was $258.71 in the past 12 months.
What is Biogen’s market cap?
Currently, no data Available
When is Biogen’s upcoming earnings report date?
Biogen’s upcoming earnings report date is Jan 30, 2025 which is in 24 days.
How were Biogen’s earnings last quarter?
Biogen released its earnings results on Oct 30, 2024. The company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.772 by $0.308.
Is Biogen overvalued?
According to Wall Street analysts Biogen’s price is currently Undervalued.
Does Biogen pay dividends?
Biogen pays a Notavailable dividend of $22.225 which represents an annual dividend yield of N/A. See more information on Biogen dividends here
What is Biogen’s EPS estimate?
Biogen’s EPS estimate is $3.41.
How many shares outstanding does Biogen have?
Biogen has 145,719,350 shares outstanding.
What happened to Biogen’s price movement after its last earnings report?
Biogen reported an EPS of $4.08 in its last earnings report, beating expectations of $3.772. Following the earnings report the stock price went down -1.248%.
Which hedge fund is a major shareholder of Biogen?
Among the largest hedge funds holding Biogen’s share is PRIMECAP Management Co. It holds Biogen’s shares valued at 3B.
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Biogen Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$231.90 (52.36% Upside)
$231.90 (52.36% Upside)
Blogger Sentiment
Bullish
BIIB Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 126.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.21%
12-Months-Change
Fundamentals
Return on Equity
10.47%
Trailing 12-Months
Asset Growth
0.43%
Trailing 12-Months
Company Description
Biogen
Incorporated in 1978, Massachusetts-based Biogen, Inc. is a biopharmaceutical company, which discovers, develops, and delivers therapies for the treatment of neurological and neurodegenerative diseases. It offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, VUMERITY, and FAMPYRA for the treatment of multiple sclerosis; SPINRAZA for the treatment of spinal muscular atrophy; and FUMADERM for the treatment of severe plaque psoriasis.
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BIIB Company Deck
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BIIB Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
Biogen's earnings call highlighted significant progress in new product launches and a promising late-stage pipeline, resulting in raised financial guidance for the year. However, challenges persist in core revenue streams like MS and SPINRAZA, with infrastructure issues impacting LEQEMBI's U.S. performance.Read More>---
BIIB Revenue Breakdown
73.68% Product revenue
17.18% Revenue from anti-CD20 therapeutic programs
9.14% Other
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BIIB Stock 12 Month Forecast
Average Price Target
$231.90
▲(52.36% Upside)
Technical Analysis
Best Analysts Covering BIIB
1 Year
1 Year Success Rate
12/39 ratings generated profit
1 Year Average Return
-6.76%
reiterated a buy rating 18 days ago
Copying Marc Goodman's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -6.76% per trade.
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