- Previous Close
184.78 - Open
186.68 - Bid 185.58 x 100
- Ask 185.74 x 100
- Day's Range
183.82 - 186.80 - 52 Week Range
183.56 - 269.43 - Volume
1,106,526 - Avg. Volume
1,059,257 - Market Cap (intraday)
27.047B - Beta (5Y Monthly) -0.06
- PE Ratio (TTM)
23.41 - EPS (TTM)
7.93 - Earnings Date Oct 30, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
268.33
Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; ADUHELM to treat Alzheimer's disease; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE; and BYOOVIZ, a ranibizumab biosimilar referencing LUCENTIS. It 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; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for non-Hodgkin's lymphoma; and other anti-CD20 therapies. In addition, the company is developing various products for the treatment of MS, Alzheimer's disease and dementia, neuromuscular disorders, Parkinson's disease and movement disorders, neuropsychiatry, genetic neurodevelopmental disorders, and biosimilars, which are under various stages of development. It 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., as well as collaboration with Fujirebio to potentially identify and develop blood-based biomarkers for tau pathology in the brain. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.
www.biogen.com7,570
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: BIIB
View More
Performance Overview: BIIB
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: BIIB
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: BIIB
View MoreValuation Measures
Market Cap
27.05B
Enterprise Value
31.80B
Trailing P/E
23.41
Forward P/E
10.67
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.80
Price/Book (mrq)
1.70
Enterprise Value/Revenue
3.29
Enterprise Value/EBITDA
14.78
Financial Highlights
Profitability and Income Statement
Profit Margin
11.98%
Return on Assets (ttm)
5.19%
Return on Equity (ttm)
7.63%
Revenue (ttm)
9.67B
Net Income Avi to Common (ttm)
1.16B
Diluted EPS (ttm)
7.93
Balance Sheet and Cash Flow
Total Cash (mrq)
1.91B
Total Debt/Equity (mrq)
41.91%
Levered Free Cash Flow (ttm)
1.27B
Research Analysis: BIIB
View MoreCompany Insights: BIIB
BIIB does not have Company Insights
Research Reports: BIIB
View MoreBUY on regulatory advancements and higher guidance
Biogen is a biotech company that develops, manufactures, and sells therapies for treating neurological and neurodegenerative diseases. The company is the market leader in multiple sclerosis drugs and launched the first approved treatments for spinal muscular atrophy and Alzheimer's disease. The company also sells products that treat plaque psoriasis, non-Hodgkin's lymphoma, lymphocytic leukemia, and rheumatoid arthritis. Current research continues on MS and has expanded to include neuroimmunology, ophthalmology, lupus, and other neuromuscular and movement disorders. Founded in 1978, the company is located in Cambridge, Massachusetts, employs 7,570 people, and is a component of the S&P 500.
RatingPrice TargetU.S. stock indices are mostly in the red today, with investors perhaps
U.S. stock indices are mostly in the red today, with investors perhaps experiencing a little 'green exhaustion' after the solid gains booked of late. Also of note, the meaningful news starts to hit the tape tomorrow with the release of the Fed minutes, so getting a little defensive in case the minutes include unwanted news is also defensible.
Biogen Earnings: Shares Undervalued as Cost Controls Materialize and New Launches Accelerate
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.
RatingPrice TargetMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, online commerce set for acceleration, consolidation; the market may be missing changes afoot at Veolia; an overview of the moat ratings for big biotech firms; and Kraft Heinz, Tyson Foods, and Nutrien.