BIIB Stock Up 18% after 6-Day Win Streak

BIIB: Biogen logo
BIIB
Biogen

Biogen (BIIB) stock hit day 6 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 18% return. The company has gained about $4.2 Bil in value over the last 6 days, with its current market capitalization at about $23 Bil. The stock remains 4.6% above its value at the end of 2024. This compares with year-to-date returns of 14.2% for the S&P 500.

BIIB provides therapies for neurological and neurodegenerative diseases, including treatments for multiple sclerosis, non-Hodgkin’s lymphoma, chronic lymphocytic leukemia, rheumatoid arthritis, and pemphigus vulgaris. After this rally, is BIIB still a buy – or is it time to lock in gains? Deep dive with Buy or Sell BIIB.

BIIB stock has jumped meaningfully recently and we currently find it fairly priced. This may feel like a caution, and there is significant risk in relying on a single stock. However, there is a huge value to a broader diversified approach we take with Trefis High Quality Portfolio. Trefis works with Empirical Asset Management – a Boston area wealth manager – whose asset allocation strategies yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Empirical has incorporated the Trefis HQ Portfolio in this asset allocation framework to provide clients better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.

Comparing BIIB Stock Returns With The S&P 500

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The following table summarizes the return for BIIB stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period BIIB S&P 500
1D 3.0% 0.0%
6D (Current Streak) 17.8% 1.7%
1M (21D) 14.2% 3.3%
3M (63D) 22.9% 7.8%
YTD 2025 4.6% 14.2%
2024 -40.9% 23.3%
2023 -6.6% 24.2%
2022 15.4% -19.4%

 
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has BIIB behaved after prior drops? See BIIB Dip Buyer Analysis to learn more.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 85 S&P constituents with 3 days or more of consecutive gains and 37 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 32 23
4D 21 8
5D 6 6
6D 25 0
7D or more 1 0
Total >=3 D 85 37

 
 
Key Financials for Biogen (BIIB)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $9.8 Bil $9.7 Bil
Operating Income $1.8 Bil $2.2 Bil
Net Income $1.2 Bil $1.6 Bil

Last 2 Fiscal Quarters:

Metric 2024 FQ4 2025 FQ1
Revenues $2.5 Bil $2.4 Bil
Operating Income $450.6 Mil $625.2 Mil
Net Income $266.7 Mil $240.5 Mil

 
While BIIB stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.