biogen

Biogen Inc. (BIIB) (Q3FY24) – MS and SPINRAZA revenues decline amid rising competition

Highlights of the report

LEQEMBI’s revenue in the U.S. is still below Biogen’s expectations, and the prescriber base hasn’t grown as much as anticipated.

Biogen (BIIB) Equity Report Q3FY24

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Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. 

 BIIB’s revenue declined to $2.46bn in Q3FY24 from $2.53bn in Q3FY23, while COGS as % of sales stood at 26% in Q3FY24 and in Q3FY23.

Over the last 3 months Biogen stock price showed a down trend it declined to $176.93 as of 05th Nov 2024 from $206.18 as of 21st Aug 2024.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Biogen Inc. (BIIB) (Q3FY24) – MS and SPINRAZA revenues decline amid rising competition

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$296.00

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