Biogen (BIIB) Stock Forecast & Price Target

$205.61 +5.47 (+2.73%)

Closing price 04:00 PM Eastern

Extended Trading

$207.00 +1.39 (+0.68%)

As of 05:05 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 32 Analyst Ratings

Sell
2

Hold
12

Buy
18

Based on 32 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 32 analysts, 2 have given a sell rating, 12 have given a hold rating, 17 have given a buy rating, and 1 has given a strong buy rating for BIIB.

Consensus Price Target

$220.57
7.28% Upside

According to the 32 analysts' twelve-month price targets for Biogen, the average price target is $220.57. The highest price target for BIIB is $300.00, while the lowest price target for BIIB is $157.00. The average price target represents a forecasted upside of 7.28% from the current price of $205.61.

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 7/28/25 to 7/28/26	1 Month Ago 6/28/25 to 6/28/26	3 Months Ago 4/29/25 to 4/29/26	1 Year Ago 7/28/24 to 7/28/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	17 Buy rating(s)	16 Buy rating(s)	14 Buy rating(s)	11 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	13 Hold rating(s)	19 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$220.57	$217.37	$212.15	$186.69
Forecasted Upside	7.28% Upside	0.62% Upside	9.14% Upside	44.41% Upside
Consensus Rating	Moderate Buy	Moderate Buy	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	Broader Market
Consensus Rating Score	2.53	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	7.28% Upside	913.85% Upside	12.03% Upside
News Sentiment Rating	Positive News See Recent BIIB News	Positive 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
7/21/2026	Guggenheim 5 of 5 stars	Yatin Suneja 5 of 5 stars	Boost Target	Buy	$260.00 ➝ $280.00	+38.53%
7/21/2026	Bank of America 4 of 5 stars	Jason Zemansky Not Rated	Lower Target	Neutral	$217.00 ➝ $215.00	+7.53%
7/14/2026	Piper Sandler 2 of 5 stars	David Amsellem 5 of 5 stars	Reiterated Rating	Overweight
7/13/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
7/13/2026	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	Reiterated Rating	Neutral	$201.00	-0.53%
7/13/2026	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	Upgrade	Hold ➝ Buy	$190.00 ➝ $235.00	+18.00%
7/8/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Terence Flynn Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$224.00 ➝ $222.00	+9.06%
7/7/2026	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	$227.00 ➝ $242.00	+16.09%
7/6/2026	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	Reiterated Rating	Reduce	$157.00	-26.12%
6/29/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Hold ➝ Strong Sell
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.
6/29/2026	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	Boost Target	Buy	$255.00 ➝ $256.00	+18.50%
6/22/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight
6/15/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Salim Syed Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$236.00 ➝ $221.00	+11.81%
5/15/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform
5/14/2026	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	Reiterated Rating	Buy
5/14/2026	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	$275.00 ➝ $300.00	+55.90%
5/1/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold (C-) ➝ Hold (C)
5/1/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Geoff Meacham Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$190.00 ➝ $200.00	+5.66%
5/1/2026	Freedom Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
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%
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%
4/9/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
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%
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%
2/9/2026	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%
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
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%
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

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:31 PM 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, July 21, 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.:

Biogen Inc. recently reported earnings per share of $3.57, significantly exceeding analysts' expectations, indicating strong financial performance and potential for future growth.
The company has set a fiscal year 2026 guidance of earnings per share between 14.250 and 15.250, suggesting confidence in its ongoing profitability and operational efficiency.
With a current stock price around $220, Biogen Inc. is viewed positively by analysts, with a consensus rating of "Moderate Buy" and a target price reflecting potential upside.
Biogen Inc. has a solid return on equity of 12.83% and a net margin of 13.81%, showcasing effective management and profitability relative to its equity base.
Recent upgrades from multiple analysts, including a "buy" rating from UBS Group, highlight growing confidence in the company's future performance and market position.

Biogen
Bear Case

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

Despite recent positive earnings, the company has faced challenges in maintaining consistent revenue growth, with only a 1.9% increase year-over-year.
Some analysts have issued mixed ratings, including a downgrade to "strong sell" from Zacks Research, indicating potential concerns about the stock's future performance.
Biogen Inc. operates in a highly competitive biotechnology sector, which can lead to volatility and uncertainty regarding its market share and product pipeline.
The company has a significant focus on neurological diseases, which can be subject to regulatory scrutiny and market risks associated with drug approvals.
Market sentiment can shift quickly, and any negative news or developments related to Biogen's products or financials could impact investor confidence and stock performance.

BIIB Forecast - Frequently Asked Questions

According to the research reports of 32 Wall Street equities research analysts, the average twelve-month stock price forecast for Biogen is $220.57, with a high forecast of $300.00 and a low forecast of $157.00.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Biogen in the last twelve months. There are currently 2 sell ratings, 12 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BIIB shares.

According to analysts, Biogen's stock has a predicted upside of 7.28% based on their 12-month stock forecasts.

Over the previous 90 days, Biogen's stock had 4 upgrades and 1 downgrade by analysts.

Biogen has been rated by research analysts at Bank of America, Cantor Fitzgerald, Citigroup, Evercore, Freedom Capital, Guggenheim, HC Wainwright, HSBC, Jefferies Financial Group, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Rothschild & Co Redburn, Royal Bank Of Canada, Sanford C. Bernstein, Truist Financial, Wedbush, Weiss Ratings, and Zacks 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 7/28/2026 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 or downgraded 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