BIIB · NMS
S&P 500
Biogen Inc.
Healthcare · Drug Manufacturers - General
$253.25
−$1.62 (−0.64%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 36 analysts
Buy
Median price target $271.00 +7.0%
- Open
- $253.56
- Day range
- 250.44 – $254.70
- 52-week range
- 154.20 – $261.00
- Volume
- 734,981
- Market cap
- $37,435M
- P/E (TTM)
- 109.6x
- EPS (TTM)
- $2.31
- EPS est. 2026
- $12.53
- P/E est. 2026
- 20.2x
- Dividend yield
- n/a
- Beta
- 0.09
- Payout
- 0%
The analysis of this company is being prepared and will appear in the next update.
Biogen financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $2,804M | +10.6% |
| Net income | −$21M | −104.4% |
| Earnings per share | −$0.14 | −104.4% |
| Net margin | −0.7% | −19.1 pp |
| Free cash flow | $375M | −69.3% |
| Debt / equity | 0.41 | +13.9% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $2,535M | $467M |
| Q4 2025 | $2,279M | −$49M |
| Q1 2026 | $2,478M | $320M |
| Q2 2026 | $2,736M | $98M |
| Q3 2026 | $2,804M | −$21M |
Biogen earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 27 | $2.8232.44 – 3.87 | +41.9%$1.990 |
| Next quarterQ1 2027 · Analysts: 13 | $3.5732.93 – 4.18 | +0.1%$3.570 |
| Current year2026 · Analysts: 33 | $12.53412.22 – 13.07 | −18.0%$15.280 |
| Next year2027 · Analysts: 35 | $16.25913.90 – 18.67 | +29.7%$12.534 |
Forward P/E: 20.2x (2026) and 15.6x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $3.170 | — |
| Q4 2025 | $1.990 | $1.616 |
| Q1 2026 | $3.570 | $2.952 |
| Q2 2026 | $3.600 | $2.030 |
| Q3 2026 | $2.620 | $1.992 |
| Q4 2026 | — | $2.823 |
| Q1 2027 | — | $3.573 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $20.870 | — |
| 2023 | $7.970 | — |
| 2024 | $11.180 | — |
| 2025 | $8.790 | — |
| 2026 | — | $12.534 |
| 2027 | — | $16.259 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $3.573 | +0.1% |
| Q4 2026Estimated | $2.823 | +41.9% |
| Q3 2026 | $2.620est. $1.992 · surprise +31.5% | −17.4% |
| Q2 2026 | $3.600est. $2.030 · surprise +77.4% | n/a |
| Q1 2026 | $3.570est. $2.952 · surprise +20.9% | n/a |
| Q4 2025 | $1.990est. $1.616 · surprise +23.2% | n/a |
| Q3 2025 | $3.170 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $16.259 | +29.7% |
| 2026Estimated | $12.534 | +42.6% |
| 2025 | $8.790 | −21.4% |
| 2024 | $11.180 | +40.3% |
| 2023 | $7.970 | −61.8% |
| 2022 | $20.870 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Biogen dividend
Biogen has not paid dividends in recent years.
Biogen forecasts
36 analyst ratings
Consensus: Buy · 25 buy, 10 hold, 1 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $350.00 | +38.2% |
| Median | $271.00 | +7.0% |
| Low | $175.00 | −30.9% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $182.09 |
| Dec 31, 2025 | $175.99 |
| Jan 30, 2026 | $179.89 |
| Feb 27, 2026 | $191.82 |
| Mar 31, 2026 | $183.33 |
| Apr 30, 2026 | $189.28 |
| May 29, 2026 | $196.00 |
| Jun 30, 2026 | $216.06 |
| Jul 31, 2026 | $202.95 |
| Aug 31, 2026 | $216.65 |
| Sep 30, 2026 | $225.88 |
| Oct 30, 2026 | $253.62 |
| Nov 10, 2026 | $253.25 |
Biogen peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| BIIB | Biogen | 37,435 | 109.6x | 253.25 | −0.64% | 154.20261.00 |
| LLY | Lilly | 1,275,805 | 46.5x | 1,432.29 | +1.44% | 850.511,453.00 |
| JNJ | Johnson & Johnson | 675,925 | 42.6x | 280.78 | −0.47% | 189.05283.25 |
| ABBV | AbbVie | 519,485 | 50.5x | 293.89 | +0.20% | 190.75302.93 |
| MRK | Merck & | 364,980 | 149.5x | 148.05 | −0.48% | 87.26156.92 |
| AMGN | Amgen | 251,648 | 27.0x | 465.23 | 0.00% | 312.39483.99 |
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