BIOGEN INC. (BIIB) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does BIOGEN INC. Do?
Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; and FUMADERM to treat plaque psoriasis. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; ADUHELM for the treatment of Alzheimer's disease; IMRALDI, an adalimumab biosimilar referencing HUMIRA; and FLIXABI, an infliximab biosimilar referencing REMICADE. In addition, the company offers RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; and OCREVUS for treating relapsing MS and primary progressive MS; and other anti-CD20 therapies. Further, it develops BIIB135, BIIB061, BIIB091, and BIIB107 for MS and neuroimmunology; Aducanumab, Lecanemab, BIIB076, and BIIB080 to treat Alzheimer's disease and dementia; BIIB067, BIIB078, BIIB105, BIIB100, and BIIB110 to treat neuromuscular disorders; BIIB124, BIIB094, BIIB118, BIIB101, and BIIB122 for treating Parkinson's disease and movement disorders; BIIB125 and BIIB104 for treating neuropsychiatry; Dapirolizumab pegol and BIIB059 to treat immunology related diseases; BIIB093 and BIIB131 to treat acute neurology; BIIB074 for neuropathic pain; and BYOOVIZ, BIIB800, and SB15 biosimilars, which are under various stages of development. The company has collaboration and license agreements with Acorda Therapeutics, Inc.; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis Co., Ltd.; Sangamo Therapeutics, Inc.; and Sage Therapeutics, Inc. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts. BIOGEN INC. (BIIB) is classified as a large-cap stock in the Healthcare sector, specifically within the Pharmaceutical Products industry. The company is led by CEO Christopher A. Viehbacher and employs approximately 8,720 people, headquartered in Weston, Massachusetts. With a market capitalization of $27.0B, BIIB is one of the prominent companies in the Healthcare sector.
BIOGEN INC. (BIIB) Stock Rating — Hold (April 2026)
As of April 2026, BIOGEN INC. receives a Hold rating with a composite score of 49.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BIIB ranks #1,061 out of 4,446 stocks in our coverage universe. Within the Healthcare sector, BIOGEN INC. ranks #75 of 838 stocks, placing it in the top 10% of its Healthcare peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
BIIB Stock Price and 52-Week Range
BIOGEN INC. (BIIB) currently trades at $172.97. The stock lost $4.14 (2.3%) in the most recent trading session. The 52-week high for BIIB is $202.41, which means the stock is currently trading -14.5% from its annual peak. The 52-week low is $110.03, putting the stock 57.2% above its annual trough. Recent trading volume was 1.5M shares, reflecting moderate market activity.
Is BIIB Overvalued or Undervalued? — Valuation Analysis
BIOGEN INC. (BIIB) carries a value factor score of 59/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 14.89x, compared to the Healthcare sector average of 23.63x — a discount of 37%. The price-to-book ratio stands at 1.41x, versus the sector average of 2.75x. The price-to-sales ratio is 2.56x, compared to 1.66x for the average Healthcare stock. On an enterprise value basis, BIIB trades at 15.54x EV/EBITDA, versus 6.34x for the sector.
Overall, BIIB's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
BIOGEN INC. Profitability — ROE, Margins, and Quality Score
BIOGEN INC. (BIIB) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.5%, compared to the Healthcare sector average of -43.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 5.9% versus the sector average of -33.1%.
On a margin basis, BIOGEN INC. reports gross margins of 74.7%, compared to 71.5% for the sector. The operating margin is 20.3% (sector: -66.1%). Net profit margin stands at 17.0%, versus -58.7% for the average Healthcare stock. Revenue growth is running at 2.8% on a trailing basis, compared to 10.6% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
BIIB Debt, Balance Sheet, and Financial Health
BIOGEN INC. has a debt-to-equity ratio of 34.0%, compared to the Healthcare sector average of 32.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.68x, indicating strong short-term liquidity. Total debt on the balance sheet is $6.29B. Cash and equivalents stand at $3.86B.
BIIB has a beta of 0.67, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for BIOGEN INC. is 75/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
BIOGEN INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, BIOGEN INC. reported revenue of $10.08B and earnings per share (EPS) of $8.83. Net income for the quarter was $1.73B. Gross margin was 74.7%. Operating income came in at $2.06B.
In FY 2025, BIOGEN INC. reported revenue of $9.89B and earnings per share (EPS) of $8.83. Net income for the quarter was $1.29B. Gross margin was 75.7%. Revenue grew 2.2% year-over-year compared to FY 2024. Operating income came in at $1.56B.
In Q3 2025, BIOGEN INC. reported revenue of $2.53B and earnings per share (EPS) of $3.18. Net income for the quarter was $467M. Gross margin was 73.4%. Revenue grew 2.8% year-over-year compared to Q3 2024. Operating income came in at $557M.
In Q2 2025, BIOGEN INC. reported revenue of $2.65B and earnings per share (EPS) of $4.33. Net income for the quarter was $635M. Gross margin was 77.1%. Revenue grew 7.3% year-over-year compared to Q2 2024. Operating income came in at $744M.
Over the past 8 quarters, BIOGEN INC. has demonstrated a growth trajectory, with revenue expanding from $2.46B to $10.08B. Investors analyzing BIIB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
BIIB Dividend Yield and Income Analysis
BIOGEN INC. (BIIB) does not currently pay a dividend. This is common among growth-oriented companies in the Pharmaceutical Products industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Healthcare dividend stocks may want to explore other Healthcare stocks or use the stock screener to filter by dividend yield.
BIIB Momentum and Technical Analysis Profile
BIOGEN INC. (BIIB) has a momentum factor score of 57/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 11/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
BIIB vs Competitors — Healthcare Sector Ranking and Peer Comparison
Within the Healthcare sector, BIOGEN INC. (BIIB) ranks #75 out of 838 stocks based on the Blank Capital composite score. This places BIIB in the top decile of all Healthcare stocks in our coverage universe. Key competitors and sector peers include ASTRAZENECA PLC (AZN) with a score of 61.4/100, Sol-Gel Technologies Ltd. (SLGL) with a score of 56.6/100, VIEMED HEALTHCARE, INC. (VMD) with a score of 53.4/100, Innoviva, Inc. (INVA) with a score of 52.7/100, and JOHNSON & JOHNSON (JNJ) with a score of 51.7/100.
Comparing BIIB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BIIB vs S&P 500 (SPY) comparison to assess how BIOGEN INC. stacks up against the broader market across all factor dimensions.
BIIB Next Earnings Date
No upcoming earnings date has been announced for BIOGEN INC. (BIIB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy BIIB? — Investment Thesis Summary
BIOGEN INC. presents a balanced picture with arguments on both sides. Low volatility (stability score 75/100) reduces downside risk.
In summary, BIOGEN INC. (BIIB) earns a Hold rating with a composite score of 49.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BIIB stock.
Related Resources for BIIB Investors
Explore more research and tools: BIIB vs S&P 500 comparison, top Healthcare stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BIIB head-to-head with peers: BIIB vs AZN, BIIB vs SLGL, BIIB vs VMD.