BIIB Stock Summary and Trading Ideas (Biogen | NASDAQ:BIIB)

Biogen is an established biopharmaceutical company focused on treatments for neurological diseases and rare diseases. Its declining multiple sclerosis franchise is its largest revenue generator and contributed 45% of total revenue in 2024. Biogen also generates significant revenue from its CD20 collaboration agreements with Roche (18% of total in 2024), which includes oncology drugs Rituxan and Gazyva and multiple sclerosis drug Ocrevus. Biogen's newer franchises include Spinraza (spinal muscular atrophy, with partner Ionis), Leqembi (Alzheimer's disease, collabroation revenue from its partner Eisai), Skyclarys (Friedreich's ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (amyotrophic lateral sclerosis, Ionis).

What symbol and exchange does Biogen shares trade?

Biogen trades on the NASDAQ stock market under the symbol BIIB.

What is Biogen stock price doing today?

As of March 2, 2026, BIIB stock price declined to $188.05 with 649,546 million shares trading.

What is Biogen's Beta?

BIIB has a beta of 0.66, meaning it tends to be less sensitive to market movements. BIIB has a correlation of 0.09 to the broad based SPY ETF.

How much is Biogen worth?

BIIB has a market cap of $27.59 billion. This is considered a Large Cap stock.

How much money does Biogen make?

Last quarter Biogen reported $2 billion in Revenue and $1.99 earnings per share. This beat revenue expectation by $73 million and exceeded earnings estimates by $.37.

What is the highest and lowest price Biogen traded in the last 3 year period?

In the last 3 years, BIIB traded as high as $319.76 and as low as $110.04.

What are the top ETFs holding Biogen?

The top ETF exchange traded funds that BIIB belongs to (by Net Assets): VTI, VOO, VO, IVV, SPY.

Is Biogen (BIIB) a good investment?

BIIB has outperformed the market in the last year with a return of +34.4%, while the SPY ETF gained +18.6%. In the last 3 month period, BIIB beat the market returning +3.4%, while SPY returned +1.3%. However, in the most recent 2 weeks BIIB has underperformed the stock market by returning -4.3%, while SPY returned +0.7%.

What are the support and resistance levels for Biogen (BIIB)?

BIIB support price is $188.03 and resistance is $195.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIIB shares will trade within this expected range on the day.