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Biogen

BIIBNASDAQ
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$156.00
00.00%
Pre-Market: 5:07 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$342.00
Lowest Price Target1
$180.00
Consensus Price Target1
$261.04

Biogen (NASDAQ:BIIB) Stock, Analyst Ratings, Price Targets, Forecasts

Biogen Inc has a consensus price target of $261.04 based on the ratings of 27 analysts. The high is $342 issued by HSBC on May 3, 2024. The low is $180 issued by Barclays on October 31, 2024. The 3 most-recent analyst ratings were released by Needham, Baird, and Citigroup on November 18, 2024, November 15, 2024, and November 14, 2024, respectively. With an average price target of $253.33 between Needham, Baird, and Citigroup, there's an implied 62.39% upside for Biogen Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jul
6
3
Aug
4
1
Sep
7
4
Oct
1
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Baird
Citigroup
JP Morgan
Oppenheimer

1calculated from analyst ratings

Analyst Ratings for Biogen

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Biogen (BIIB) stock?

A

The latest price target for Biogen (NASDAQ:BIIB) was reported by Needham on November 18, 2024. The analyst firm set a price target for $270.00 expecting BIIB to rise to within 12 months (a possible 73.08% upside). 77 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Biogen (BIIB)?

A

The latest analyst rating for Biogen (NASDAQ:BIIB) was provided by Needham, and Biogen downgraded their hold rating.

Q

When was the last upgrade for Biogen (BIIB)?

A

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.

Q

When was the last downgrade for Biogen (BIIB)?

A

The last downgrade for Biogen Inc happened on November 18, 2024 when Needham changed their price target from $270 to $270 for Biogen Inc.

Q

When is the next analyst rating going to be posted or updated for Biogen (BIIB)?

A

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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.

Q

Is the Analyst Rating Biogen (BIIB) correct?

A

While ratings are subjective and will change, the latest Biogen (BIIB) rating was a downgraded with a price target of $270.00 to $270.00. The current price Biogen (BIIB) is trading at is $156.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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