
Biogen (BIIB) Stock Forecast & Price Target
Biogen (BIIB) Analyst Ratings
Bulls say
Biogen is experiencing robust commercial execution with new product launches such as Leqembi, Skyclaris, and Zurzuvae exceeding consensus expectations, contributing to a positive growth outlook. The company's strategic focus on expanding its biosimilar pipeline and entering international markets, particularly in China and Japan, is anticipated to enhance sales further, as is the increasing reimbursement rate among patients. Additionally, Biogen's ongoing cost-saving initiatives, projected to yield significant financial benefits by 2025, are expected to support overall earnings and drive stock performance.
Bears say
Biogen's financial outlook is negatively influenced by management's guidance predicting a mid-single-digit decline in total revenue for 2025, largely attributed to competition from Sandoz’s biosimilar of Tysabri and generics affecting Tecfidera in international markets. The company's core pharmaceutical revenue is expected to suffer primarily due to decreased multiple sclerosis product sales, even as new product launches offer some partial offset to this decline. Additionally, the anticipated 50% royalty decline following the approval of a biosimilar further exacerbates concerns regarding revenue stability and growth potential within Biogen's existing portfolio.
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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