Biogen Inc. (NASDAQ: BIIB) is a Healthcare company in the Drug Manufacturers - General industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | S&P 500 | P/E | 37.30 | EPS (ttm) | 5.65 | Insider Own | 0.24% | Shs Outstand | 147.75M | Perf Week | -2.46% |
| Market Cap | 31.14B | Forward P/E | 12.73 | EPS next Y | 16.55 | Insider Trans | -0.33% | Shs Float | 146.43M | Perf Month | 1.74% |
| Enterprise Value | 38.21B | PEG | 2.82 | EPS next Q | 2.03 | Inst Own | 55.56% | Short Float | 3.54% | Perf Quarter | 5.84% |
| Income | 837.00M | P/S | 3.13 | EPS this Y | 121.04% | Inst Trans | 0.00% | Short Ratio | 4.33 | Perf Half Y | 11.85% |
| Sales | 9.95B | P/B | 1.65 | EPS next Y | 32.53% | ROA | 2.60% | Short Interest | 5.19M | Perf YTD | 19.74% |
| Book/sh | 127.56 | P/C | 24.23 | EPS next 5Y | 13.22% | ROE | 4.52% | 52W High | 225.79 -6.67% | Perf Year | 49.08% |
| Cash/sh | 8.70 | P/FCF | 10.99 | EPS past 3/5Y | -24.93% -18.66% | ROIC | 4.28% | 52W Low | 135.39 55.65% | Perf 3Y | -21.13% |
| Dividend Est. | - | EV/EBITDA | 22.86 | Sales past 3/5Y | -1.20% -6.11% | Gross Margin | 67.71% | Volatility | 2.60% 2.41% | Perf 5Y | -37.82% |
| Dividend TTM | - | EV/Sales | 3.84 | EPS Y/Y TTM | -49.51% | Oper. Margin | 12.79% | ATR (14) | 6.07 | Perf 10Y | -31.16% |
| Dividend Ex-Date | - | Quick Ratio | 1.26 | Sales Y/Y TTM | 2.81% | Profit Margin | 8.39% | RSI (14) | 46.00 | Recom | 2.39 |
| Dividend Gr. 3/5Y | - | Current Ratio | 1.87 | EPS Q/Q | -34.19% | SMA20 | -2.61% | Beta | 0.09 | Target Price | 244.93 |
| Payout | 0.00% | Debt/Eq | 0.38 | Sales Q/Q | 3.40% | SMA50 | 0.66% | Rel Volume | 0.63 | Prev Close | 212.50 |
| Employees | 7,500 | LT Debt/Eq | 0.38 | Earnings | Oct 29 | SMA200 | 10.05% | Avg Volume | 1.11M | Price | 210.73 |
| IPO Date | Sep 17, 1991 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 22.49% 11.20% | Net Debt/EBITDA | 4.23 | Volume | 693,725 | Change | -0.83% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Sep-03-26 | Reiterated | Piper Sandler | Overweight | $225 → $245 |
| Aug-25-26 | Reiterated | RBC Capital | Outperform | $240 → $260 |
| Aug-13-26 | Upgrade | Wolfe Research | Peer Perform → Outperform | $231 → $300 |
| Jul-30-26 | Reiterated | Morgan Stanley | Equal Weight | $222 → $231 |
| Jul-30-26 | Reiterated | UBS | Buy | $185 → $240 |
| Jul-30-26 | Reiterated | Canaccord Genuity | Buy | $230 → $248 |
| Jul-30-26 | Reiterated | RBC Capital | Outperform | $242 → $240 |
| Jul-30-26 | Reiterated | HC Wainwright & Co. | Buy | $228 → $251 |
| Jul-29-26 | Reiterated | Oppenheimer | Outperform | $225 → $300 |
| Jul-21-26 | Reiterated | Guggenheim | Buy | $260 → $280 |
Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 9,948 | 9,811 | 9,676 | — | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 3,213 | 2,897 | 2,310 | — | — | — | — | — | — | |
| Gross Profit | 6,735 | 6,914 | 7,366 | — | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 2,595 | 2,434 | 2,387 | — | — | — | — | — | — | |
| Research and Development | 1,948 | 1,955 | 2,489 | — | — | — | — | — | — | |
| Other Operating Expense | 919 | 647 | -1 | — | — | — | — | — | — | |
| Operating Income | 1,272 | 1,878 | 2,490 | — | — | — | — | — | — | |
| Interest Expense | 285 | 246 | 250 | — | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | -130 | -230 | -334 | — | — | — | — | — | — | |
| Net Income Before Taxes | 856 | 1,402 | 1,906 | — | — | — | — | — | — | |
| Income Taxes | 21 | 108 | 274 | — | — | — | — | — | — | |
| Consolidated Net Income | 837 | 1,293 | 1,632 | — | — | — | — | — | — | |
| Net Income From Continuing Operations | 837 | 1,293 | 1,632 | — | — | — | — | — | — | |
| Net Income | 837 | 1,293 | 1,632 | — | — | — | — | — | — | |
| EPS (Recurring) | 5.68 | 8.85 | 11.20 | — | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 5.68 | 8.85 | 11.20 | — | — | — | — | — | — | |
| EPS (Diluted) | 5.65 | 8.83 | 11.19 | — | — | — | — | — | — | |
| EBITDA | 1,671 | 3,101 | 2,996 | — | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 37.30 | 19.93 | 13.67 | — | — | — | — | — | — | |
| Price To Sales Ratio | 3.14 | 2.64 | 2.31 | — | — | — | — | — | — | |
| Gross Margin | 67.70 | 70.47 | 76.13 | — | — | — | — | — | — | |
| Operating Margin | 12.79 | 19.14 | 25.73 | — | — | — | — | — | — | |
| Net Margin | 8.41 | 13.18 | 16.87 | — | — | — | — | — | — | |
| Shares Outstanding | 148 | 147 | 146 | — | — | — | — | — | — | |
| Market Capitalization | 31,188 | 25,871 | 22,326 | — | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Minor Lloyd | Director | Aug 04 '26 | Sale | 200.96 | 593 | 119,169 | 2,689 | Aug 05 |
| Minor Lloyd | Director | Aug 03 '26 | Sale | 203.34 | 593 | 120,581 | 3,282 | Aug 05 |
| Pangalos Menelas N | Director | Jun 09 '26 | Option Exercise | 0.00 | 2,370 | 0 | 2,370 | Jun 11 |
| Keeney Adam | Head of Corporate Development | May 01 '26 | Option Exercise | 0.00 | 939 | 0 | 6,820 | May 05 |
| Godbout Sean | Chief Accounting Officer | Apr 01 '26 | Option Exercise | 0.00 | 181 | 0 | 1,396 | Apr 03 |
| Murphy Nicole | Head of Pharm Ops and Tech | Feb 12 '26 | Buy | 195.03 | 3 | 585 | 19,611 | Feb 17 |
| Singhal Priya | Head of Development | Feb 09 '26 | Sale | 199.83 | 2,660 | 531,548 | 8,043 | Feb 10 |
| Izzar Rachid | Head of Global Product Strat. | Feb 06 '26 | Option Exercise | 0.00 | 6,889 | 0 | 11,786 | Feb 10 |
| Grogan Jane | Head of Research | Feb 06 '26 | Option Exercise | 0.00 | 3,258 | 0 | 4,642 | Feb 10 |
| Gregory Ginger | EVP, Human Resources | Feb 06 '26 | Option Exercise | 0.00 | 7,183 | 0 | 23,491 | Feb 10 |
| Godbout Sean | Chief Accounting Officer | Feb 06 '26 | Option Exercise | 0.00 | 1,079 | 0 | 1,395 | Feb 10 |
| ALEXANDER SUSAN H | EVP Chief Legal Officer | Feb 06 '26 | Option Exercise | 0.00 | 9,046 | 0 | 43,321 | Feb 10 |
| Viehbacher Christopher | President and CEO | Feb 06 '26 | Option Exercise | 0.00 | 24,461 | 0 | 36,548 | Feb 10 |
| Singhal Priya | Head of Development | Feb 06 '26 | Option Exercise | 0.00 | 6,900 | 0 | 12,115 | Feb 10 |
| Murphy Nicole | Head of Pharm Ops and Tech | Feb 06 '26 | Option Exercise | 0.00 | 8,725 | 0 | 21,016 | Feb 10 |