Biogen (BIIB) Stock Forecast & Price Target

$212.55 +3.40 (+1.63%)

Closing price 04:00 PM Eastern

Extended Trading

$212.38 -0.18 (-0.08%)

As of 04:42 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 33 Analyst Ratings

Sell
1

Hold
13

Buy
19

Based on 33 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 33 analysts, 1 has given a sell rating, 13 have given a hold rating, 18 have given a buy rating, and 1 has given a strong buy rating for BIIB.

Consensus Price Target

$227.07
6.83% Upside

According to the 33 analysts' twelve-month price targets for Biogen, the average price target is $227.07. 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 6.83% from the current price of $212.55.

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 8/18/25 to 8/18/26	1 Month Ago 7/19/25 to 7/19/26	3 Months Ago 5/20/25 to 5/20/26	1 Year Ago 8/18/24 to 8/18/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	18 Buy rating(s)	17 Buy rating(s)	14 Buy rating(s)	11 Buy rating(s)
Hold	13 Hold rating(s)	11 Hold rating(s)	13 Hold rating(s)	19 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$227.07	$220.04	$215.62	$186.04
Forecasted Upside	6.83% Upside	6.82% Upside	14.81% Upside	36.88% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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	Healthcare Companies	Broader Market
Consensus Rating Score	2.58	2.30	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	6.57% Upside	794.34% Upside	12.14% 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
8/13/2026	Wolfe Research 4 of 5 stars	Alexandria Hammond Not Rated	Upgrade	Peer Perform ➝ Outperform	$300.00	+43.63%
8/12/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C) ➝ Hold (C-)
8/4/2026	Mizuho 3 of 5 stars	Salim Syed 2 of 5 stars	Boost Target	Outperform	$221.00 ➝ $241.00	+16.11%
8/3/2026	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	$200.00 ➝ $215.00	+5.94%
7/30/2026	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	$237.00 ➝ $251.00	+22.25%
7/30/2026	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	Lower Target	Outperform	$242.00 ➝ $240.00	+16.90%
7/30/2026	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	Boost Target	Buy	$225.00 ➝ $240.00	+17.46%
7/30/2026	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	$245.00 ➝ $248.00	+20.27%
7/30/2026	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	$222.00 ➝ $231.00	+11.56%
7/30/2026	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	$215.00 ➝ $225.00	+9.59%
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.
7/30/2026	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	$201.00 ➝ $215.00	+4.28%
7/29/2026	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	Reiterated Rating	Outperform	$300.00	+43.24%
7/29/2026	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	Boost Target	Equal Weight	$185.00 ➝ $200.00	-2.73%
7/28/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
7/21/2026	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	$260.00 ➝ $280.00	+38.53%
7/21/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Zemansky Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$217.00 ➝ $215.00	+7.53%
7/14/2026	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	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	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%
7/6/2026	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	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
5/15/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform
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%
4/9/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
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 04:43 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 Wednesday, August 12, 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. has recently reported earnings per share that exceeded analyst expectations, indicating strong financial performance and potential for growth.
The company has set ambitious guidance for fiscal year 2026, projecting earnings per share between 12.000 and 13.000, which suggests confidence in future profitability.
Recent analyst upgrades have increased the price target for Biogen Inc. shares, reflecting positive sentiment and potential for stock appreciation.
With a net margin of 8.32%, Biogen Inc. demonstrates effective cost management and profitability, which can be attractive to investors looking for financially sound companies.
The current stock price is around $240, which may present a buying opportunity for investors looking to enter at a favorable valuation.

Biogen
Bear Case

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

Despite recent revenue growth, the company has faced challenges in maintaining its earnings per share compared to the previous year, which could raise concerns about future performance.
Analysts have mixed ratings on Biogen Inc., with some maintaining a "neutral" stance, indicating uncertainty about the stock's future trajectory.
Biogen Inc. operates in a highly competitive biotechnology sector, which can lead to volatility and risks associated with market dynamics and innovation.
The company has seen price target reductions from some analysts, suggesting that there may be concerns about its growth prospects in the near term.
With a return on equity of 11.18%, while respectable, it may not be as high as some investors expect from leading biotechnology firms, potentially limiting appeal.

BIIB Forecast - Frequently Asked Questions

According to the research reports of 33 Wall Street equities research analysts, the average twelve-month stock price forecast for Biogen is $227.07, with a high forecast of $300.00 and a low forecast of $157.00.

33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Biogen in the last year. There is currently 1 sell rating, 13 hold ratings, 18 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 6.83% based on their 12-month stock forecasts.

Over the previous 90 days, Biogen's stock had 4 upgrades and 2 downgrades by analysts.

Biogen has been rated by research analysts at Bank of America, Barclays, Canaccord Genuity Group, Cantor Fitzgerald, Citigroup, Guggenheim, HC Wainwright, HSBC, Jefferies Financial Group, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Royal Bank Of Canada, TD Cowen, Truist Financial, UBS Group, Wedbush, Weiss Ratings, Wolfe Research, and Zacks Research in the past 90 days.

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

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This page (NASDAQ:BIIB) was last updated on 8/18/2026 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