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NASDAQ: BIIB
Biogen Inc Stock Forecast, Predictions & Price Target

Analyst price target for BIIB

Based on 17 analysts offering 12 month price targets for Biogen Inc.
Min Forecast
$239.00+7.02%
Avg Forecast
$301.77+35.13%
Max Forecast
$373.00+67.02%

Should I buy or sell BIIB stock?

Based on 17 analysts offering ratings for Biogen Inc.
Strong Buy
Strong Buy
7 analysts 41.18%
Buy
7 analysts 41.18%
Hold
3 analysts 17.65%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BIIB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-14
Piper Sandler
Top 11%
90
Strong BuyMaintains$325.00+45.53%2024-02-14
BMO Capital
Bottom 18%
18
BuyMaintains$285.00+27.62%2024-02-14
Oppenheimer
Top 3%
98
BuyMaintains$290.00+29.86%2024-02-14
RBC Capital
Top 3%
98
BuyMaintains$364.00+62.99%2024-02-14
Wells Fargo
Top 8%
93
HoldDowngrades$240.00+7.47%2024-02-14

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Forecast return on equity

Is BIIB forecast to generate an efficient return?
Company
N/A
Industry
14.56%
Market
37.62%

Forecast return on assets

Is BIIB forecast to generate an efficient return on assets?
Company
N/A
Industry
5.77%

BIIB revenue forecast

What is BIIB's revenue in the next 3 years based on estimates from 29 analysts?
Avg 1 year Forecast
$9.4B-4.02%
Avg 2 year Forecast
$9.6B-2.31%
Avg 3 year Forecast
$10.1B+2.66%
BIIB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BIIB earnings growth forecast

How is BIIB forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
31.51%
Industry
43.55%
Market
21.53%
BIIB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

BIIB revenue growth forecast

How is BIIB forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
0.88%
Industry
8.86%
Market
10%
BIIB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BIIB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BIIB vs General Drug Manufacturer Stocks

TickerPricePrice TargetUp/downsideConsensus
BIIB$223.32$301.77+35.13%Strong Buy
GRFS$9.13$10.50+15.01%Hold
OGN$18.50$22.50+21.62%Buy
AMRN$1.19$1.00-15.97%Hold
SCLX$1.75$8.00+357.14%Strong Buy

Biogen Stock Forecast FAQ

Is Biogen Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NASDAQ: BIIB) stock is to Strong Buy BIIB stock.

Out of 17 analysts, 7 (41.18%) are recommending BIIB as a Strong Buy, 7 (41.18%) are recommending BIIB as a Buy, 3 (17.65%) are recommending BIIB as a Hold, 0 (0%) are recommending BIIB as a Sell, and 0 (0%) are recommending BIIB as a Strong Sell.

If you're new to stock investing, here's how to buy Biogen stock.

What is BIIB's revenue growth forecast for 2024-2026?

(NASDAQ: BIIB) Biogen's forecast annual revenue growth rate of 0.88% is not forecast to beat the US Drug Manufacturers - General industry's average forecast revenue growth rate of 8.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10%.

Biogen's revenue in 2024 is $9,835,600,000.On average, 29 Wall Street analysts forecast BIIB's revenue for 2024 to be $1,372,258,553,729, with the lowest BIIB revenue forecast at $1,304,948,945,493, and the highest BIIB revenue forecast at $1,418,389,965,861. On average, 29 Wall Street analysts forecast BIIB's revenue for 2025 to be $1,396,695,012,120, with the lowest BIIB revenue forecast at $1,224,519,362,352, and the highest BIIB revenue forecast at $1,664,671,858,696.

In 2026, BIIB is forecast to generate $1,467,792,432,030 in revenue, with the lowest revenue forecast at $1,274,094,662,510 and the highest revenue forecast at $1,810,178,017,494.

What is BIIB's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: BIIB) forecast ROA is N/A, which is lower than the forecast US Drug Manufacturers - General industry average of 5.77%.

What is BIIB's Price Target?

According to 17 Wall Street analysts that have issued a 1 year BIIB price target, the average BIIB price target is $301.77, with the highest BIIB stock price forecast at $373.00 and the lowest BIIB stock price forecast at $239.00.

On average, Wall Street analysts predict that Biogen's share price could reach $301.77 by Feb 22, 2025. The average Biogen stock price prediction forecasts a potential upside of 35.13% from the current BIIB share price of $223.32.

What is BIIB's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: BIIB) forecast ROE is N/A, which is considered weak.
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