Biogen
(NASDAQ:BIIB)
$208.50
6.04[2.98%]
At close: Apr 26
$208.50
0[0.00%]
After Hours: 7:47PM EDT
Q1 2024 Earnings were released on Wed Apr 24th, before the market open
The most recent conference call was at 8:30 AM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$373.00
Lowest Price Target1
$200.00
Consensus Price Target1
$297.22

Biogen Stock (NASDAQ:BIIB), Analyst Ratings, Price Targets, Predictions

Biogen Inc has a consensus price target of $297.22, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Wedbush, and HC Wainwright & Co. on April 25, 2024. With an average price target of $238.33 between Barclays, Wedbush, and HC Wainwright & Co., there's an implied 14.31% upside for Biogen Inc from these 3 analyst ratings.

Analyst Trend
1
2
Jan
11
2
Feb
2
Mar
4
7
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Wedbush
HC Wainwright & Co.
Needham
Oppenheimer

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Biogen

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/25/2024BIIBBuy Now
Biogen
$208.50-4.08%Barclays
Carter Gould
$215 → $200MaintainsEqual-WeightGet Alert
04/25/2024BIIBBuy Now
Biogen
$208.503.12%Wedbush
Laura Chico
$213 → $215MaintainsNeutralGet Alert
04/25/2024BIIBBuy Now
Biogen
$208.5043.88%HC Wainwright & Co.
Andrew Fein
$325 → $300MaintainsBuyGet Alert
04/25/2024BIIBBuy Now
Biogen
$208.5041.01%Needham
Ami Fadia
→ $294ReiteratesBuy → BuyGet Alert
04/24/2024BIIBBuy Now
Biogen
$208.5041.01%Needham
Ami Fadia
→ $294ReiteratesBuy → BuyGet Alert
04/19/2024BIIBBuy Now
Biogen
$208.5029.5%Oppenheimer
Jay Olson
$290 → $270MaintainsOutperformGet Alert
04/17/2024BIIBBuy Now
Biogen
$208.502.64%UBS
Colin Bristow
$250 → $214MaintainsNeutralGet Alert
04/17/2024BIIBBuy Now
Biogen
$208.502.16%Wedbush
Laura Chico
$245 → $213MaintainsNeutralGet Alert
04/12/2024BIIBBuy Now
Biogen
$208.5024.7%B of A Securities
Geoff Meacham
$280 → $260MaintainsNeutralGet Alert
04/11/2024BIIBBuy Now
Biogen
$208.5015.11%JP Morgan
Chris Schott
$270 → $240MaintainsNeutralGet Alert
04/04/2024BIIBBuy Now
Biogen
$208.503.12%Barclays
Carter Gould
$230 → $215MaintainsEqual-WeightGet Alert
03/25/2024BIIBBuy Now
Biogen
$208.5063.07%Truist Securities
Robyn Karnauskas
→ $340ReiteratesBuy → BuyGet Alert
03/05/2024BIIBBuy Now
Biogen
$208.5074.58%RBC Capital
Brian Abrahams
→ $364ReiteratesOutperform → OutperformGet Alert
02/22/2024BIIBBuy Now
Biogen
$208.5032.85%Mizuho
Salim Syed
$355 → $277MaintainsBuyGet Alert
02/20/2024BIIBBuy Now
Biogen
$208.5049.16%Cantor Fitzgerald
Eric Schmidt
→ $311ReiteratesOverweight → OverweightGet Alert
02/20/2024BIIBBuy Now
Biogen
$208.5046.28%Canaccord Genuity
Sumant Kulkarni
$310 → $305MaintainsBuyGet Alert
02/16/2024BIIBBuy Now
Biogen
$208.5019.9%UBS
Colin Bristow
$276 → $250MaintainsNeutralGet Alert
02/14/2024BIIBBuy Now
Biogen
$208.5051.56%Baird
Brian Skorney
$333 → $316MaintainsOutperformGet Alert
02/14/2024BIIBBuy Now
Biogen
$208.5055.88%Piper Sandler
Christopher Raymond
$350 → $325MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Biogen (BIIB)?

A

The latest price target for Biogen (NASDAQ: BIIB) was reported by Barclays on April 25, 2024. The analyst firm set a price target for $200.00 expecting BIIB to fall to within 12 months (a possible -4.08% downside). 81 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Biogen (BIIB)?

A

The latest analyst rating for Biogen (NASDAQ: BIIB) was provided by Barclays, and Biogen maintained their equal-weight rating.

Q

When was the last upgrade for Biogen (BIIB)?

A

The last upgrade for Biogen Inc happened on December 7, 2023 when Raymond James raised their price target to $283. Raymond James previously had a market perform for Biogen Inc.

Q

When was the last downgrade for Biogen (BIIB)?

A

The last downgrade for Biogen Inc happened on February 14, 2024 when Wells Fargo changed their price target from $315 to $240 for Biogen Inc.

Q

When is the next analyst rating going to be posted or updated for Biogen (BIIB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Biogen, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Biogen was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.

Q

Is the Analyst Rating Biogen (BIIB) correct?

A

While ratings are subjective and will change, the latest Biogen (BIIB) rating was a maintained with a price target of $215.00 to $200.00. The current price Biogen (BIIB) is trading at is $208.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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