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Biogen Inc. (BIIB) Stock Analysis

Breakout setup

HoldModerate Confidence

Healthcare · Drug Manufacturers - General

Hold if already holding. Not a fresh buy at $192.52, but acceptable to hold if already in. Reasons: Concentration risk — Product: TYSABRI and SPINRAZA; Analyst target reached - limited upside remaining.

Biogen is a global biopharma focused on neurology (MS, Alzheimer's, ALS) and rare diseases (SMA, Friedreich's ataxia). Key marketed products include TYSABRI, SPINRAZA, SKYCLARYS, and QALSODY; LEQEMBI for Alzheimer's is co-commercialized with Eisai. TYSABRI and SPINRAZA each... Read more

$192.52+0.1% A.UpsideScore 5.7/10#5 of 16 Drug Manufacturers - General
Stop $180.18Target $192.06(resistance)A.R:R -0.0:1
Analyst target$212.51+10.4%29 analysts
$192.06our TP
$192.52price
$212.51mean
$150
$275

Hold if already holding. Not a fresh buy at $192.52, but acceptable to hold if already in. Reasons: Concentration risk — Product: TYSABRI and SPINRAZA; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.

Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.40, earnings proximity no date, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (3/4)
Recent Analyst detected in news
Risks
Concentration risk — Product: TYSABRI and SPINRAZA
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)20.9
P/E (Fwd)12.2
Mkt Cap$28.7B
EV/EBITDA8.9
Profit Mgn13.8%
ROE7.7%
Rev Growth1.9%
Beta0.16
DividendNone
Rating analysts43

Quality Signals

Piotroski F9/9

Options Flow

P/C2.25bearish
IV47%normal
Max Pain$95-50.7% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHProductTYSABRI and SPINRAZA
    10-K Item 1: 'Product sales for TYSABRI and SPINRAZA each accounted for more than 10.0% of our total revenue for the years ended December 31, 2025, 2024 and 2023'

Material Events(8-K, last 90d)

  • 2026-03-11Item 5.02MEDIUM
    Susan H. Alexander, Chief Legal Officer, will depart Biogen effective end of May 2026. The Company has initiated a search for the next Chief Legal Officer. No successor named at time of filing.
    SEC filing →
  • 2026-02-11Item 5.02LOW
    Caroline Dorsa (Board Chair) announced she will not stand for re-election at the 2026 annual meeting. Decision not related to any disagreement. Dr. Maria C. Friere elected as Chair effective after the annual meeting.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.9
Growth Rank
3.8
Value Rank
4.4

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.8
Support Resistance
1.5
52w Position
9.0
GatesA.R:R -0.0=NEGATIVEMomentum 6.8>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.40EARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
68 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $168.64Resistance $195.98

Price Targets

$180
$192
A.Upside-0.2%
A.R:R-0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-0.3% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-04-29 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BIIB stock a buy right now?

Hold if already holding. Not a fresh buy at $192.52, but acceptable to hold if already in. Reasons: Concentration risk — Product: TYSABRI and SPINRAZA; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Maintain position. Not compelling to add more. Target $192.06 (-0.2%), stop $180.18 (−6.8%), A.R:R -0.0:1. Score 5.7/10, moderate confidence.

What is the BIIB stock price target?

Take-profit target: $192.06 (+0.1% upside). Target $192.06 (-0.2%), stop $180.18 (−6.8%), A.R:R -0.0:1. Stop-loss: $180.18.

What are the risks of investing in BIIB?

Concentration risk — Product: TYSABRI and SPINRAZA; Analyst target reached - limited upside remaining.

Is BIIB overvalued or undervalued?

Biogen Inc. trades at a P/E of 20.9 (forward 12.2). TrendMatrix value score: 6.0/10. Verdict: Hold.

What do analysts say about BIIB?

43 analysts cover BIIB with a consensus score of 3.7/5. Average price target: $213.

What does Biogen Inc. do?Biogen is a global biopharma focused on neurology (MS, Alzheimer's, ALS) and rare diseases (SMA, Friedreich's ataxia)....

Biogen is a global biopharma focused on neurology (MS, Alzheimer's, ALS) and rare diseases (SMA, Friedreich's ataxia). Key marketed products include TYSABRI, SPINRAZA, SKYCLARYS, and QALSODY; LEQEMBI for Alzheimer's is co-commercialized with Eisai. TYSABRI and SPINRAZA each exceeded 10% of total 2025 revenue.

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