Biogen Inc. · Healthcare · Drug Manufacturers - General
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Last
$191.82
+$3.79 (+2.02%) 4:00 PM ET
After hours$192.00
+$0.19 (+0.10%) 6:52 PM ET
Prev closePrevC$188.02
OpenOpen$186.76
Day highHigh$192.40
Day lowLow$186.76
VolumeVol1,156,316
Avg volAvgVol1,484,214
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Mkt cap
$28.15B
P/E ratio
21.82
FY Revenue
$9.89B
EPS
8.79
Gross Margin
75.69%
Sector
Healthcare
AI report sections
BULLISH
BIIB
Biogen Inc.
Biogen shows steady long-term price appreciation over 6–12 months supported by solid profitability and free cash flow generation, while near-term momentum has cooled with a slightly negative 1-month return and mixed technical signals. The balance sheet and liquidity profile appear conservative with moderate leverage and ample cash, yet growth in revenue remains subdued and short-volume activity is elevated intraday. Recent news flow around Alzheimer’s and neurology-related opportunities is predominantly positive, which contrasts with only modest fundamental growth and a still-meaningful reliance on mature franchises.
Global Amyotrophic Lateral Sclerosis Therapeutics Market Size/Share Worth USD 1964 Million by 2035 at 11.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
The global ALS therapeutics market is valued at USD 812 million in 2024 and is projected to reach USD 1,964 million by 2035, growing at an 11.5% CAGR. Growth is driven by innovations in genetic therapies, gene-silencing technologies, improved diagnostics, and increased disease awareness. Key players include Biogen, Ionis Pharmaceuticals, Amylyx Pharmaceuticals, and others developing disease-modifying treatments.
Alzheimer's Therapeutics Market Research Report 2026-2036: Growing Global Burden of Alzheimer's Continues to Drive Demand - Opportunities in Surge in Merger & Acquisitions, Increasing R&D Investments
The global Alzheimer's Therapeutics Market is projected to surpass $6.0 billion in 2026, driven by rising disease prevalence and demand for disease-modifying therapies. Real-world evidence from lecanemab treatment shows strong patient continuation rates, supporting longer treatment durations. Market growth is fueled by increasing R&D investments and M&A activity, though challenges include skilled professional shortages and geopolitical risks from trade tariffs.
Co-developer of lecanemab with Eisai; real-world data showing strong uptake and low discontinuation rates supports revenue growth and market expansion across 45+ countries.
PositiveGlobeNewswire Inc.• Na
Biogen Announces Board Chair Transition
Biogen announced that Dr. Maria C. Freire has been elected as the new Chair of the Board of Directors, effective after the company's 2026 Annual Meeting on June 9, 2026. She will succeed Caroline Dorsa, who is retiring after 16 years on the board. Dr. Freire, who joined Biogen's board in 2021, brings extensive experience in biomedical innovation, drug development, and science policy. The leadership transition occurs as Biogen enters a catalyst-rich period with multiple clinical readouts expected in the next 18 months.
BIIBboard leadership transitionchair electioncorporate governancebiotech companyclinical pipelinedrug development
Sentiment note
The leadership transition is presented as a strategic and positive move. Dr. Freire is described as highly respected with extensive relevant expertise, and the company is entering a catalyst-rich period with multiple clinical readouts expected. CEO Christopher Viehbacher expressed confidence in the new chair, and the transition is framed as occurring at an opportune time for the company's growth strategy and pipeline advancement.
PositiveInvesting.com• Timothy Fries
Philip Morris Beats Estimates as Smoke-Free Products Drive Earnings Momentum
Philip Morris International significantly exceeded earnings expectations with EPS of $7.54 vs. $1.70 expected and revenue of $10.4B vs. $10.39B expected, driven by strong growth in smoke-free products. Biogen also beat estimates with EPS of $1.99 vs. $1.61 expected, boosted by strong sales of LEQEMBI and SKYCLARYS. Centene reported mixed results but beat both EPS and revenue expectations. All three companies provided positive 2026 guidance.
Beat both EPS ($1.99 vs $1.61 expected) and revenue ($2.28B vs $2.21B expected) expectations. Growth products LEQEMBI and SKYCLARYS performed strongly, with positive 2026 outlook expecting non-GAAP diluted EPS of $15.25-$16.25.
PositiveBenzinga• Vandana Singh
Biogen Hits 52-Week High, Alzheimer's Drug Sales Jump
Biogen reported Q4 2025 revenues of $2.28 billion, beating consensus estimates, driven by strong growth in Alzheimer's drug Leqembi with in-market sales up 54% to $134 million. The company's newer growth products offset declines in multiple sclerosis drugs. Biogen issued 2026 EPS guidance of $15.25-$16.25, above consensus, and the stock reached a new 52-week high, rising 4.28% to $193.29.
Biogen exceeded revenue expectations ($2.28B vs $2.20B consensus), reported strong growth in key products like Leqembi (up 54%) and Skyclarys (up 31%), issued forward guidance above consensus ($15.25-$16.25 EPS vs $14.92), and reached a new 52-week high with 4.28% stock price increase.
PositiveGlobeNewswire Inc.• Eisai Co., Ltd. And Biogen Inc.
FDA Accepts LEQEMBI® IQLIK™ (lecanemab-irmb) Supplemental Biologics License Application as a Subcutaneous Starting Dose for the Treatment of Early Alzheimer’s Disease under Priority Review
The FDA has accepted for Priority Review a supplemental application for LEQEMBI IQLIK, a subcutaneous autoinjector formulation of lecanemab for early Alzheimer's disease treatment. If approved by May 24, 2026, it would be the first anti-amyloid treatment offering at-home injection options for both treatment initiation and maintenance, potentially reducing healthcare resource requirements associated with intravenous dosing.
As co-developer and co-commercializer of LEQEMBI, Biogen benefits from the FDA's acceptance of the subcutaneous formulation application. The potential approval would expand the product's market reach through improved patient accessibility and convenience, supporting revenue growth and competitive positioning in the Alzheimer's disease treatment space.
PositiveGlobeNewswire Inc.• Sns Insider
Postpartum Depression Drugs Market Size to Surpass USD 1.97 Billion by 2033, Due to Increasing Awareness & Fast Development of Pharmaceuticals – SNS Insider
The global postpartum depression drugs market is projected to grow from USD 959.62 million in 2025 to USD 1.97 billion by 2033, with a CAGR of 9.45%. Growth is driven by increased awareness of maternal mental health, fast-acting drug development, and reduced stigma. The U.S. dominates with a 40.6% market share, while Asia Pacific is the fastest-growing region. Regulatory delays pose challenges to market expansion.
PFELLYGSKMRKpostpartum depressionpharmaceutical marketmaternal mental healthdrug development
Sentiment note
Co-developed Zurzuvae which exceeded expectations with over 50,000 prescriptions in 8 months, indicating strong commercial success.
PositiveInvesting.com• Chris Markoch
3 Biotech Stocks to Keep an Eye on in 2026
The article highlights three biotech stocks with significant growth potential in 2026: Eli Lilly (LLY), a leader in the GLP-1 market for obesity and diabetes treatments; Viking Therapeutics (VKTX), developing competitive GLP-1 drugs with potential takeover prospects; and Biogen (BIIB), focused on neurodegenerative disease treatments. Despite biotech sector risks, these companies offer substantial upside opportunities through drug approvals and market expansion.
Direct exposure to neurodegenerative disease treatment with multiple drugs in pipeline addressing significant unmet medical need. Up 16% in last 12 months with analysts forecasting 15% further upside to $190.50 price target. Single successful drug approval could generate massive returns.
NeutralGlobeNewswire Inc.• C4 Therapeutics, Inc.
C4 Therapeutics Outlines Strategic Milestones to Advance Cemsidomide as a Potential Best-in-Class IKZF1/3 Degrader and Discovery Strategy Focused on Novel Targets in Clinically Validated Pathways
C4 Therapeutics announced strategic milestones through 2028 for advancing cemsidomide, an investigational IKZF1/3 degrader for multiple myeloma. The company plans to initiate Phase 2 MOMENTUM trial in Q1 2026 and Phase 1b combination trial with elranatamab in Q2 2026, with a recommended Phase 2 dose of 100 µg. Phase 1 data showed 53% overall response rate at the highest dose. The company also outlined a new discovery strategy targeting inflammation and neurodegenerative diseases, with cash runway extending through end of 2028.
Mentioned as a collaboration partner for discovery projects, but no specific information provided about collaboration details or outcomes.
PositiveGlobeNewswire Inc.• Delveinsight
Systemic Lupus Erythematosus Market to Exhibit Growth at a CAGR of 9.4% During the Forecast Period (2025–2034) Owing to Rising Use of Biologics – Approvals of BENLYSTA and SAPHNELO, Plus a Strong Pipeline | DelveInsight
The systemic lupus erythematosus (SLE) market is projected to grow at a CAGR of 9.4% from 2025-2034, driven by rising disease prevalence, increased diagnostic awareness, and a robust pipeline of targeted therapies. The US market was valued at USD 2.8 billion in 2024 with approximately 529K diagnosed cases. Currently, only two FDA-approved therapies exist (BENLYSTA and SAPHNELO), but several promising drugs in mid-to-late stage development are expected to reshape the treatment landscape and address significant unmet medical needs.
Co-developing litifilimab with Phase III trials (TOPAZ-1 and TOPAZ-2) expected to report results by end of 2026; received USD 200 million in co-funding from Royalty Pharma in February 2025.
NeutralBenzinga• Vandana Singh
Johnson & Johnson Touts Encouraging Results For Experimental Lupus Treatment
Johnson & Johnson announced positive Phase 2b results for nipocalimab, an experimental FcRn blocker for treating systemic lupus erythematosus (SLE). The JASMINE study of 228 subjects met its primary endpoint and key secondary endpoints, with a favorable safety profile. The company plans to initiate Phase 3 trials. The lupus treatment market includes competing programs from UCB/Biogen, Cartesian Therapeutics, and Adicet Bio.
Partner with UCB on dapirolizumab pegol with previously positive Phase 3 data, but no new developments in this article
PositiveGlobeNewswire Inc.• Eisai Co., Ltd. And Biogen Inc.
Biologics License Application for Subcutaneous Formulation of “LEQEMBI®” (lecanemab) for the Treatment of Early Alzheimer’s Disease Accepted in China
Eisai and Biogen announced that China's NMPA has accepted their Biologics License Application for a subcutaneous autoinjector formulation of LEQEMBI (lecanemab), an anti-amyloid beta antibody for early Alzheimer's disease treatment. If approved, this would be the first anti-amyloid treatment in China offering at-home injection from treatment initiation, potentially reducing healthcare resource requirements compared to intravenous administration.
BIIBlecanemabLEQEMBIAlzheimer's diseasesubcutaneous formulationChina NMPAanti-amyloid therapyearly AD treatment
Sentiment note
Co-commercialization and co-promotion of lecanemab in China represents significant revenue opportunity. Regulatory progress in major market supports pipeline value and commercial potential, though Eisai holds final decision-making authority.
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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