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Biogen Inc (BIIB)

NASDAQ
Currency in USD
Disclaimer
188.38
-0.21(-0.11%)
Closed
After Hours
187.15-1.23(-0.65%)
BIIB Scorecard
Full Analysis
Stock generally trades with low price volatility
Fair Value
Day's Range
186.91189.43
52 wk Range
181.31269.43
Prev. Close
188.59
Open
189
Day's Range
186.91-189.43
52 wk Range
181.31-269.43
Volume
1,429,506
Average Volume (3m)
1,098,528
1-Year Change
-28.17%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Price Target
267.49
Upside
+41.99%
Members' Sentiments
Bearish
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Prominent player in the Biotechnology industry
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InvestingPro Research for Biogen Inc


Leqembi's Potential
Biogen's Alzheimer's drug Leqembi shows promise with sustained benefits, but faces launch challenges. Analysts project peak sales over $9 billion.
Pipeline Hurdles
Recent setbacks increase pressure on remaining assets. Dapirolizumab pegol's Phase 3 readout gains significance for Biogen's future prospects.
Strategic Expansion
Acquisition of HI-Bio for $1.8B enhances Biogen's immunology presence. Felzartamab in Phase 2 trials could provide near-term pipeline catalysts.
Market Dynamics
Biogen navigates regulatory challenges in EU for Leqembi. Analysts project EPS around $16 for upcoming fiscal years. Price targets range from $190 to $317.

Biogen Company Profile

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; ADUHELM to treat Alzheimer's disease; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE; and BYOOVIZ, a ranibizumab biosimilar referencing LUCENTIS. It offers RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for non-Hodgkin's lymphoma; and other anti-CD20 therapies. In addition, the company is developing various products for the treatment of MS, Alzheimer's disease and dementia, neuromuscular disorders, Parkinson's disease and movement disorders, neuropsychiatry, genetic neurodevelopmental disorders, and biosimilars, which are under various stages of development. It has collaboration and license agreements with 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., as well as collaboration with Fujirebio to potentially identify and develop blood-based biomarkers for tau pathology in the brain. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

Employees
7570

Compare BIIB to Peers and Sector

Metrics to compare
BIIB
Peers
Sector
Relationship
P/E Ratio
23.7x11.8x−0.6x
PEG Ratio
−0.420.100.00
Price/Book
1.7x2.7x2.6x
Price / LTM Sales
2.8x23.8x3.2x
Upside (Analyst Target)
44.7%51.8%44.2%
Fair Value Upside
Unlock1.9%7.9%Unlock

FAQ

What Is the Biogen (BIIB) Stock Price Today?

The Biogen stock price today is 188.38.

What Stock Exchange Does Biogen Trade On?

Biogen is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Biogen?

The stock symbol for Biogen is "BIIB."

What Is the Biogen Market Cap?

As of today, Biogen market cap is 27.44B.

What is Biogen Earnings Per Share?

The Biogen EPS is 7.98.

What Is the Next Biogen Earnings Date?

Biogen will release its next earnings report on 29 Oct 2024.
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