Biogen (BIIB) Stock Forecast & Price Target

$146.23 +1.82 (+1.26%)

Closing price 04:00 PM Eastern

Extended Trading

$145.94 -0.29 (-0.20%)

As of 06:06 PM Eastern

Biogen - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 28 Analyst Ratings

Sell
0

Hold
16

Buy
12

Based on 28 Wall Street analysts who have issued ratings for Biogen in the last 12 months, the stock has a consensus rating of "Hold." Out of the 28 analysts, 16 have given a hold rating, and 12 have given a buy rating for BIIB.

Consensus Price Target

$228.80
56.47% Upside

According to the 28 analysts' twelve-month price targets for Biogen, the average price target is $228.80. The highest price target for BIIB is $342.00, while the lowest price target for BIIB is $138.00. The average price target represents a forecasted upside of 56.47% from the current price of $146.23.

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BIIB Analyst Ratings Over Time

Type	Current Forecast 1/31/24 to 1/30/25	1 Month Ago 1/1/24 to 12/31/24	3 Months Ago 11/2/23 to 11/1/24	1 Year Ago 1/31/23 to 1/31/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	13 Buy rating(s)	16 Buy rating(s)	19 Buy rating(s)
Hold	16 Hold rating(s)	16 Hold rating(s)	10 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$228.80	$242.68	$262.83	$318.17
Forecasted Upside	56.47% Upside	58.70% Upside	51.24% Upside	28.99% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

BIIB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BIIB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Biogen Stock vs. The Competition

Type	Biogen	Medical Companies	S&P 500
Consensus Rating Score	2.43	2.82	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	55.90% Upside	14,244.02% Upside	11.13% Upside
News Sentiment Rating	Neutral News See Recent BIIB News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/28/2025	Citigroup 3 of 5 stars	G. Meacham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$190.00 ➝ $160.00	+7.56%
1/13/2025	William Blair 1 of 5 stars		Reiterated Rating	Outperform
1/10/2025	Wells Fargo & Company 3 of 5 stars	Mohit Bansal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$190.00 ➝ $165.00	+9.45%
1/8/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$302.00 ➝ $220.00	+43.65%
1/2/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$315.00 ➝ $138.00	-9.76%
12/20/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Seigerman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$230.00 ➝ $164.00	+11.27%
12/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$175.00	+16.64%
12/10/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral	$178.00	+13.77%
12/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$250.00 ➝ $180.00	+14.08%
11/21/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$251.00 ➝ $207.00	+32.69%
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11/18/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Fadia Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$270.00 ➝ $270.00	+68.76%
11/15/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Hammond Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
11/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$294.00 ➝ $300.00	+81.94%
11/4/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$220.00 ➝ $210.00	+22.40%
10/31/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$190.00 ➝ $180.00	+2.18%
10/31/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$270.00 ➝ $255.00	+44.75%
10/31/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$300.00 ➝ $275.00	+56.24%
10/31/2024	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$300.00 ➝ $300.00	+69.35%
10/31/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$285.00 ➝ $204.00	+12.60%
10/10/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Brill Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
10/4/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$292.00 ➝ $269.00	+45.47%
10/3/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Verma Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$234.00 ➝ $202.00	+9.42%
9/23/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$210.00 ➝ $205.00	+4.17%
9/9/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$292.00 ➝ $292.00	+46.34%
8/2/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$275.00 ➝ $244.00	+18.10%
5/3/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$339.00 ➝ $342.00	+57.23%
2/20/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$310.00 ➝ $305.00	+39.35%
2/12/2024	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$290.00 ➝ $280.00	+14.82%
1/7/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Shrader Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
8/8/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$282.00 ➝ $275.00	+1.39%
5/11/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$320.00 ➝ $350.00	+11.73%
5/1/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$270.00 ➝ $350.00	+15.04%
2/16/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$300.00 ➝ $315.00	+12.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:58 PM ET.

Should I Buy Biogen Stock? BIIB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, January 30, 2025. Please send any questions or comments about these Biogen pros and cons to contact@marketbeat.com.

Biogen
Bull Case

Here are some ways that investors could benefit from investing in Biogen Inc.:

Biogen Inc. recently reported earnings of $4.08 per share, exceeding analysts' expectations of $3.77, indicating strong financial performance and effective management.
The stock price is currently at $148.73, which may present a buying opportunity for investors looking for potential growth, especially considering the average target price of $230.00 set by analysts.
Institutional ownership is high, with 87.93% of the stock held by hedge funds and other institutional investors, suggesting confidence in the company's future prospects.
Despite recent challenges, Biogen Inc. continues to develop therapies for neurological diseases, a sector with significant unmet medical needs, which could lead to future revenue growth.
The company has a relatively low debt-to-equity ratio of 0.28, indicating a strong balance sheet and lower financial risk, which is attractive for long-term investors.

Biogen
Bear Case

Investors should be bearish about investing in Biogen Inc. for these reasons:

Recent downgrades from analysts, including a reduction in rating from "overweight" to "equal weight" and a price target cut to $204.00, may signal a lack of confidence in the stock's short-term performance.
The company's revenue has decreased by 2.5% year-over-year, which could indicate challenges in maintaining sales growth and market share.
Biogen Inc. has a beta of -0.07, suggesting that its stock price is less volatile than the market, which may limit potential gains during bullish market conditions.
With a consensus rating of "Hold" from analysts, there may be limited upside potential in the stock, making it less attractive for aggressive investors.
Recent changes in institutional positions, including significant sell-offs by some funds, could indicate a lack of confidence in the company's future performance.

BIIB Forecast - Frequently Asked Questions

: According to the research reports of 28 Wall Street equities research analysts, the average twelve-month stock price forecast for Biogen is $228.80, with a high forecast of $342.00 and a low forecast of $138.00.
: 28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Biogen in the last twelve months. There are currently 16 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BIIB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIIB, but not buy additional shares or sell existing shares.
: According to analysts, Biogen's stock has a predicted upside of 56.47% based on their 12-month stock forecasts.
: Over the previous 90 days, Biogen's stock had 5 downgrades and 1 upgrade by analysts.
: Biogen has been rated by research analysts at Bank of America, BMO Capital Markets, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Needham & Company LLC, Piper Sandler, Robert W. Baird, Stifel Nicolaus, Truist Financial, Wells Fargo & Company, William Blair, and Wolfe Research in the past 90 days.
: Analysts like Biogen less than other "medical" companies. The consensus rating for Biogen is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how BIIB compares to other companies.

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This page (NASDAQ:BIIB) was last updated on 1/30/2025 by MarketBeat.com Staff

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Biogen (BIIB) Stock Forecast & Price Target