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Biogen Inc has a consensus price target of $237.77 based on the ratings of 28 analysts. The high is $342 issued by HSBC on May 3, 2024. The low is $138 issued by Piper Sandler on January 2, 2025. The 3 most-recent analyst ratings were released by Wells Fargo, Truist Securities, and Piper Sandler on January 10, 2025, January 8, 2025, and January 2, 2025, respectively. With an average price target of $174.33 between Wells Fargo, Truist Securities, and Piper Sandler, there's an implied 24.08% upside for Biogen Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Biogen (NASDAQ:BIIB) was reported by Wells Fargo on January 10, 2025. The analyst firm set a price target for $165.00 expecting BIIB to rise to within 12 months (a possible 17.44% upside). 80 analyst firms have reported ratings in the last year.
The latest analyst rating for Biogen (NASDAQ:BIIB) was provided by Wells Fargo, and Biogen maintained their equal-weight rating.
The last upgrade for Biogen Inc happened on December 7, 2023 when Raymond James raised their price target to $283. Raymond James previously had a market perform for Biogen Inc.
The last downgrade for Biogen Inc happened on January 2, 2025 when Piper Sandler changed their price target from $315 to $138 for Biogen Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Biogen, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Biogen was filed on January 10, 2025 so you should expect the next rating to be made available sometime around January 10, 2026.
While ratings are subjective and will change, the latest Biogen (BIIB) rating was a maintained with a price target of $190.00 to $165.00. The current price Biogen (BIIB) is trading at is $140.50, which is out of the analyst’s predicted range.
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