Biogen Inc

BIIB: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Biogen Earnings: Growth Portfolio Outpaces Legacy Portfolio Erosion; Guidance Raised

Jay Lee

Jul 30, 2026

Biogen's second-quarter revenue grew 3% and non-GAAP earnings per share fell 34% year over year. However, management raised full-year guidance for non-GAAP EPS to $15.85-$16.85, or $0.60 higher at the midpoint.

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Biogen Inc

Biogen Earnings: Growth Portfolio Outpaces Legacy Portfolio Erosion; Guidance Raised

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