Core Viewpoint - Biogen Inc. is a prominent biotechnology company specializing in therapies for neurological and neurodegenerative diseases, facing competition from major pharmaceutical companies in the neurology sector [1] Financial Performance - Biogen reported Q4 2025 earnings per share (EPS) of $1.99, exceeding the Zacks Consensus Estimate of $1.61, but reflecting a 42% decline from the previous year [3][6] - The company's total revenue for Q4 2025 was $2.28 billion, surpassing the Zacks Consensus Estimate of $2.21 billion, despite a 7% year-over-year decline [3][6] Revenue Drivers - The revenue decline was primarily due to weaker sales of key multiple sclerosis (MS) drugs such as Tecfidera and Tysabri, as well as the spinal muscular atrophy (SMA) drug Spinraza [4] - Increased sales from newer drugs like Leqembi, Skyclarys, and Zurzuvae partially offset the revenue decline from established products [4] Stock Performance - Following an optimistic 2026 adjusted EPS guidance projected between $15.25 and $16.25, Biogen's stock price rose to $201.18, marking an increase of 8.53% or $15.82 [4][6] - The stock has fluctuated between a low of $184.60 and a high of $202.41, with the latter being the highest price over the past year [5] Analyst Rating - On February 6, 2026, BMO Capital adjusted its rating for Biogen to "Market Perform," maintaining a "hold" action, while raising the price target from $165 to $196, indicating a more optimistic outlook [2]
Biogen Inc. (NASDAQ:BIIB) Stock Update and Financial Performance Review