Biogen (BIIB) Stock Forecast & Price Target

$193.45 +2.07 (+1.08%)

Closing price 05/8/2026 04:00 PM Eastern

Extended Trading

$192.88 -0.57 (-0.30%)

As of 05/8/2026 07:27 PM Eastern

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Biogen - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 28 Analyst Ratings

Sell
1

Hold
13

Buy
14

Based on 28 Wall Street analysts who have issued ratings for Biogen in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 28 analysts, 1 has given a sell rating, 13 have given a hold rating, 13 have given a buy rating, and 1 has given a strong buy rating for BIIB.

Consensus Price Target

$214.23
10.74% Upside

According to the 28 analysts' twelve-month price targets for Biogen, the average price target is $214.23. The highest price target for BIIB is $275.00, while the lowest price target for BIIB is $150.00. The average price target represents a forecasted upside of 10.74% from the current price of $193.45.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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BIIB Analyst Ratings Over Time

Type	Current Forecast 5/9/25 to 5/9/26	1 Month Ago 4/9/25 to 4/9/26	3 Months Ago 2/8/25 to 2/8/26	1 Year Ago 5/9/24 to 5/9/25
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)	12 Buy rating(s)
Hold	13 Hold rating(s)	15 Hold rating(s)	15 Hold rating(s)	18 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$214.23	$207.54	$194.23	$191.81
Forecasted Upside	10.74% Upside	17.18% Upside	-3.45% Downside	62.27% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Hold

BIIB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BIIB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Biogen Stock vs. The Competition

Type	Biogen	Medical Companies	S&P 500
Consensus Rating Score	2.50	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	10.74% Upside	858.42% Upside	15.51% Upside
News Sentiment Rating	Positive News See Recent BIIB News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/1/2026	Weiss Ratings Not Rated		Upgrade	Hold (C-) ➝ Hold (C)
5/1/2026	Citigroup 4 of 5 stars	Geoff Meacham 5 of 5 stars	Boost Target	Neutral	$190.00 ➝ $200.00	+5.66%
5/1/2026	Freedom Capital Not Rated		Upgrade	Hold ➝ Strong-Buy
4/30/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Harrison Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$200.00 ➝ $206.00	+9.85%
4/30/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Abrahams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$213.00 ➝ $222.00	+16.04%
4/30/2026	Wedbush Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Laura Chico Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$191.00 ➝ $196.00	+0.83%
4/30/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Yatin Suneja Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$246.00 ➝ $260.00	+33.76%
4/30/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$180.00 ➝ $190.00	+0.57%
4/30/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		$201.00 ➝ $200.00	+5.87%
4/24/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$231.00 ➝ $238.00	+29.08%
Get the Latest News and Ratings for BIIB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Biogen and its competitors with MarketBeat's FREE daily newsletter.
4/23/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$175.00 ➝ $185.00	-2.35%
4/22/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Yee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$185.00 ➝ $225.00	+21.00%
4/14/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Amsellem Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$177.00 ➝ $214.00	+21.34%
4/13/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Srikripa Devarakonda Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$193.00 ➝ $189.00	+8.94%
4/9/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
4/2/2026	HC Wainwright Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew S. Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$228.00 ➝ $237.00	+28.96%
4/1/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jay Olson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$250.00 ➝ $275.00	+50.00%
4/1/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sumant Kulkarni Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$230.00 ➝ $245.00	+33.64%
3/17/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rajesh Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Reduce	$143.00 ➝ $150.00	-18.15%
2/19/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Emily Field Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Equal Weight	$185.00	-3.69%
2/10/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$207.00 ➝ $236.00	+24.87%
2/9/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$231.00	+18.86%
2/9/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Phil Nadeau Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$175.00 ➝ $215.00	+6.87%
2/9/2026	Tudor Pickering Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	William Pickering Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$201.00	-0.09%
2/8/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mohit Bansal Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$190.00 ➝ $200.00	-0.59%
2/6/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Evan Seigerman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Perform	$165.00 ➝ $196.00	-2.82%
2/6/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Paul Matteis Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$202.00 ➝ $214.00	+6.37%
11/28/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Tsai Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$190.00 ➝ $210.00	+15.42%
10/31/2025	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		$255.00 ➝ $250.00	+67.10%
9/24/2025	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
9/24/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ami Fadia Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold
2/13/2025	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	George Farmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Outperform	$244.00 ➝ $224.00	+61.69%
2/11/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Neutral	$178.00 ➝ $163.00	+16.94%
10/10/2024	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Danielle Brill Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Market Perform
9/9/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight	$292.00 ➝ $292.00	+46.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:01 AM ET.

Should I Buy Biogen Stock? BIIB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, May 5, 2026. Please send any questions or comments about these Biogen pros and cons to contact@marketbeat.com.

Biogen
Bull Case

Here are some ways that investors could benefit from investing in Biogen Inc.:

Recent analyst upgrades have increased price targets for Biogen Inc., with some analysts setting targets as high as $275, indicating potential for significant upside.
The current stock price is around $182, which may present a buying opportunity for investors looking for value in the biotechnology sector.
Biogen Inc. has a strong focus on neurological therapies, which are in high demand, particularly in areas like Alzheimer's disease and multiple sclerosis.
The company has a solid market capitalization of approximately $26.81 billion, suggesting stability and a robust presence in the biopharmaceutical industry.
With a consensus rating of "Hold" from analysts, there is a balanced outlook on the stock, indicating that it may be a safer investment compared to more volatile options.

Biogen
Bear Case

Investors should be bearish about investing in Biogen Inc. for these reasons:

Short interest in Biogen Inc. has risen significantly, indicating that more investors are betting against the stock, which could lead to downward pressure on its price.
Recent earnings estimates have been trimmed by analysts, suggesting potential risks to near-term earnings expectations, which could negatively impact investor sentiment.
Despite some positive ratings, there is still a notable number of analysts who have assigned a "Hold" or "Reduce" rating, indicating caution among market experts.
The company has faced challenges in its multiple sclerosis franchise, which could affect its overall revenue and growth prospects.
Biogen Inc. has a relatively high price-to-earnings ratio compared to industry averages, which may suggest that the stock is overvalued at its current price level.

BIIB Forecast - Frequently Asked Questions

According to the research reports of 28 Wall Street equities research analysts, the average twelve-month stock price forecast for Biogen is $214.23, with a high forecast of $275.00 and a low forecast of $150.00.

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Biogen in the last twelve months. There is currently 1 sell rating, 13 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BIIB shares.

According to analysts, Biogen's stock has a predicted upside of 10.74% based on their 12-month stock forecasts.

Over the previous 90 days, Biogen's stock had 6 upgrades by analysts.

Biogen has been rated by research analysts at Argus, Barclays, Canaccord Genuity Group, Citigroup, Freedom Capital, Guggenheim, HC Wainwright, HSBC, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Oppenheimer, Piper Sandler, Rothschild & Co Redburn, Royal Bank Of Canada, Sanford C. Bernstein, TD Cowen, The Goldman Sachs Group, Truist Financial, Tudor Pickering, UBS Group, Wedbush, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like Biogen more than other "medical" companies. The consensus rating for Biogen is Moderate Buy while the average consensus rating for "medical" companies is Hold. Learn more on how BIIB compares to other companies.

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This page (NASDAQ:BIIB) was last updated on 5/9/2026 by MarketBeat.com Staff.

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Biogen (BIIB) Stock Forecast & Price Target

Biogen - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

BIIB Analyst Ratings Over Time

BIIB Analyst Recommendations By Month

BIIB Price Targets by Month

Biogen Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Biogen Stock? BIIB Pros and Cons Explained

Biogen
Bull Case

Biogen
Bear Case

BIIB Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Biogen Recommendations

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Biogen (BIIB) Stock Forecast & Price Target

Biogen - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

BIIB Analyst Ratings Over Time

BIIB Analyst Recommendations By Month

BIIB Price Targets by Month

Biogen Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Biogen Stock? BIIB Pros and Cons Explained

Biogen Bull Case

Biogen Bear Case

BIIB Forecast - Frequently Asked Questions

What is Biogen's forecast for 2026?

Should I buy or sell Biogen stock right now?

Does Biogen's stock price have much upside?

Has Biogen been upgraded by Wall Street analysts recently?

What analysts cover Biogen?

Do Wall Street analysts like Biogen more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Biogen Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Biogen
Bull Case

Biogen
Bear Case