How to buy Biogen (BIIB) stocks

Learn how to easily invest in Biogen stocks.

Biogen is a drug manufacturers - general business based in the US. Biogen shares (BIIB.US) are listed on the NASDAQ and all prices are listed in US dollars. Biogen employs 7,570 staff and has a trailing 12-month revenue of around $9.7 billion.

How to buy shares in Biogen

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. BIIB in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Biogen stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Biogen's price performance, share price volatility, historical data and technicals.

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Biogen under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Biogen P/E ratio, PEG ratio and EBITDA.

Biogen's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Biogen's stocks trade at around 23x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Biogen's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.2424. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Biogen's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Biogen's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $2.7 billion ($1 CAD).

The EBITDA is a measure of Biogen's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

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