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BIIB · Biogen Inc.

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$209.83 -0.82 (-0.39%) At close · Aug 14
Market Cap
$30.98B
Shares
147.64M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$209.83 Open$210.01 Day$208.22–210.79 52W close$132.22–216.63 Avg vol 30d1.3M Short int5.5M · 3.7% float · 4.7d Short vol59% Last earningsJul 1, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 29

Up next

Next earnings call
Sep 26, 2026 Est · unconfirmed · in 6 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 29, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Strong Buy Momentum Strong Sentiment Bullish Fundamentals Strong Quant / Vol Low
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +13%
      above
      Price vs 50-day avg +3%
      above
      RSI (14) 55
      neutral
      MACD trend Positive
      52-week position 92%
      near high
      Momentum
      relative strength
      Strong
      1-month return +2%
      trailing
      6-month return +7%
      trailing
      YTD return +19%
      this year
      Relative strength −7%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $203 › 200d $186 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +123 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      3.69% of float · ▼ -9.1% MoM · 4.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,023 holders — near 3-yr high, broad support
      Squeeze score 52
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +2%
      Y/Y
      Gross margin 118%
      contracting
      EPS growth −21%
      Y/Y
      Free cash flow $2.1B
      Buyback $5.0B
      authorized
      Balance sheet $2.9B
      net cash
      Quant / Vol
      risk profile
      Low
      Volatility 35%
      annualized · 1-yr
      Max drawdown −14%
      past year
      ATR 3.2%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 29, 2026
      full year 2026
      Non-GAAP diluted EPS dilution from Apellis acquisition Non-GAAP $0.85
      exiting 2027
      Transaction run rate synergies at least $250M
      Prior guidance period ended · from the 8-K filed Jul 1, 2026
      GAAP and non-GAAP net income per diluted share · second quarter of 2026 $0.95

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 2 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +13% Bullish
      Price vs 50-day avg
      +3% Bullish
      RSI (14)
      55 Neutral
      MACD trend
      Positive Bullish
      52-week position
      92% Bullish
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $203 › 200d $186 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +123 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      3.69% of float · ▼ -9.1% MoM · 4.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,023 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $132 Now $210 · 92% Range high $217
      vs 200-day avg +13% vs 50-day avg +3%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Capital expenditures 41M Q2 2026
      EMPAVELI revenue 46M Q2 2026
      Free cash flow non-GAAP 408M Q2 2026
      GAAP → non-GAAP reconciliation
      GAAP Net cash provided by (used in) operating activities 448.9M
      -40.9M Purchases of property, plant and equipment
      = Free cash flow 408M
      Growth Portfolio revenue 1.06B Q2 2026
      Legacy MS Portfolio revenue 767M Q2 2026
      Net cash flow from operations 449M Q2 2026
      SKYCLARYS revenue 168M Q2 2026
      SPINRAZA revenue 402M Q2 2026
      SYFOVRE revenue 162M Q2 2026
      VUMERITY revenue 197M Q2 2026
      Weighted average diluted shares 149M Q2 2026
      QALSODY global revenue 33M Q1 2026
      SKYCLARYS global revenue 151M Q1 2026
      SPINRAZA global revenue 374M Q1 2026
      VUMERITY global revenue 179M Q1 2026
      Full year 2025 revenue from growth products year-over-year change 19% FY 2025
      LEQEMBI fourth quarter global in-market sales 134M Q4 2025
      LEQEMBI fourth quarter U.S. in-market sales 78M Q4 2025
      SKYCLARYS fourth quarter ex-U.S. revenue 44M Q4 2025
      SKYCLARYS fourth quarter U.S. revenue 89M Q4 2025
      SPINRAZA fourth quarter year-over-year revenue change -15% Q4 2025
      VUMERITY fourth quarter year-over-year revenue growth 3% Q4 2025
      ZURZUVAE fourth quarter revenue 66M Q4 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Drug Manufacturers - General — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      BIIB
      Biogen Inc.
      this stock
      $30.98B +19.2% +2.2% 3.7%
      LLY
      ELI LILLY & Co
      $1.11T +9.8% +44.7% 39.6 1.0%
      JNJ
      Johnson & Johnson
      $627.42B +25.8% +6.0% 30.2 1.1%
      ABBV
      AbbVie Inc.
      $440.83B +9.2% +8.6% 70.5 1.3%
      MRK
      Merck & Co., Inc.
      $335.14B +29.1% +1.3% 108.7 1.1%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,023
      % held
      99.2%
      Net QoQ
      +8.5M sh
      Top holder
      FMR LLC
      Held Float
      View
      Held by Funds
      Fund positions
      857
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      5.5M
      Days to cover
      4.7d
      Change
      -545.2K sh
      View
      Short Volume
      Short vol %
      59%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      2.8K
      Value
      $603.3K
      As of
      Jun 30, 2026
      View
      Off-Exchange
      Off-exchange %
      44.7%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Gilbert Cisneros
      Amount
      $1.0K–$15.0K
      Traded
      Jun 5, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $9.9B
      Net income (FY)
      $1.3B
      EPS diluted
      $8.79
      View
      Buybacks
      Authorized
      $5.0B
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 29, 2026
      This year
      16
      View
      Proposed Sales
      Value
      $119.2K
      Shares
      593
      Filed
      Aug 4, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 1, 2026
      View
      Investor Relations
      Latest news
      Biogen Completes Acquisition of R…
      Published
      Aug 6, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      BIIB +0.9% +1.9% +6.9% +3.4% +19.2%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY +0.5% -2.6% -6.9% -0.5% +5.4%

      Capital returns

      Buyback program · as of Apr 29, 2026
      Authorized
      $5.00B
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 875045 CUSIP 09062X103 13F (30d) 947 filings 910 filers Visit website Investor relations