
Biogen (BIIB) Stock Forecast & Price Target
Biogen (BIIB) Analyst Ratings
Bulls say
Biogen's positive outlook is supported by the strong commercialization of its new product launches, such as Leqembi, Skyclarys, and Zurzuvae, which have surpassed consensus expectations, indicating effective market strategies and customer demand. The company's growing biosimilar pipeline and anticipated market expansion into regions like China and Japan are expected to further drive sales growth, particularly with an increase in patient reimbursement rates. Additionally, management's focus on transformational business development and the potential for achieving significant cost savings by 2025 position Biogen well for continued financial stability and earnings upside.
Bears say
Biogen's financial outlook is increasingly negative due to anticipated mid-single digit revenue declines in 2025, primarily attributed to the expected entry of Sandoz's biosimilar for Tysabri and generic competition for Tecfidera in specific international markets. Although growth is expected from newer product launches, this increase is insufficient to fully offset the revenue erosion from the multiple sclerosis segment, which constitutes a significant portion of the company's core pharmaceutical revenue. Additionally, concerns over inventory headwinds and a muted growth trajectory for newer treatments like Qalsody further exacerbate the uncertainty surrounding Biogen's financial performance.
This aggregate rating is based on analysts' research of Biogen and is not a guaranteed prediction by Public.com or investment advice.
Biogen (BIIB) Analyst Forecast & Price Prediction
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