REGN vs BIIB Stock Comparison: AI Score, Valuation, Performance and Upside
Regeneron and Biogen are both innovative biopharma companies with flagship products, but their risk profiles are sharply different. REGN's Dupixent is a proven, rapidly growing blockbuster with multiple expanding indications providing near-term earnings visibility. BIIB's Leqembi is a pioneering Alzheimer's drug but faces significant commercial challenges that have made its ramp much slower than anticipated.
Investors must choose between Regeneron's high-quality, high-multiple growth driven by Dupixent's proven commercial success versus Biogen's lower-multiple value proposition dependent on Leqembi proving it can overcome commercialization barriers at scale.
REGN holds the edge across 3 of 5 key metrics in this comparison. BIIB has delivered stronger 1-year price return (+55.33% vs +19.86%), though REGN trades at the lower forward P/E (11.34x vs 11.82x). On fundamentals, REGN is growing revenue faster (19.00%), while BIIB maintains the higher operating margin (22.90%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for REGN (+36.62%) than for BIIB (+12.04%).
- →want high-quality biopharma growth anchored by Dupixent's expanding multi-indication platform
- →value proprietary antibody discovery technology providing durable pipeline optionality
- →prefer companies with strong balance sheets and consistent earnings growth
- →are comfortable with premium valuation for superior pipeline visibility
- →believe Leqembi's Alzheimer's market will overcome payer and access barriers over time
- →see deep-value potential in a neuroscience leader trading at a discount to intrinsic value
- →want exposure to a potential breakthrough Alzheimer's franchise at an early commercial stage
- →are comfortable with higher uncertainty and longer timelines for the thesis to play out
| Metric | REGN | BIIB |
|---|---|---|
| AI score | 42.1 | 28.5 |
| AI rank | #882 | #2417 |
| Latest close | $609.94 | $196.58 |
| 1M return | -3.23% | +3.16% |
| 6M return | -18.65% | +14.22% |
| 1Y return | +19.86% | +55.33% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | REGN | BIIB |
|---|---|---|
| 1Y ago | $11.88K (+18.8%) started 2025-06-18 | $15.54K (+55.4%) started 2025-06-18 |
| 5Y ago | $11.46K (+14.6%) started 2021-06-21 | $5.16K (-48.4%) started 2021-06-21 |
| 10Y ago | $17.37K (+73.7%) started 2016-06-20 | $8.28K (-17.2%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
| Metric | REGN | BIIB |
|---|---|---|
| Market cap | $63.95B | $29.02B |
| Trailing P/E | 14.88 | 21.14 |
| Forward P/E | 11.34 | 11.82 |
| Price/Sales | 3.78 | 1.99 |
| EV/Revenue | 3.75 | 3.15 |
| Analyst target | $833.31 | $220.25 |
| Target upside | +36.62% | +12.04% |
| Metric | REGN | BIIB |
|---|---|---|
| Revenue growth | 19.00% | 1.90% |
| Earnings growth | -7.20% | 31.10% |
| EPS growth | -7.20% | +31.10% |
| FCF margin | +21.94% | +19.43% |
| Operating margin | 20.66% | 22.90% |
| Profit margin | 29.65% | 13.80% |
| ROIC proxy | 14.55% | 7.70% |
| Return on equity | 14.55% | 7.70% |
| Dividend yield | 0.62% | N/A |
| Beta | 0.24 | 0.18 |
| Debt/equity | 8.61 | 35.18 |
| Current ratio | 3.56 | 3.06 |
| Quick ratio | 2.84 | 2.02 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | REGN | BIIB |
|---|---|---|---|
| 1Y | Growth | +18.76% | +55.35% |
| CAGR | +18.79% | +55.45% | |
| Sharpe ratio | 0.55 | 1.36 | |
| Max drawdown | 26.05% | 14.34% | |
| Max daily drop | 9.82% | 6.43% | |
| Max wkly drop | 12.87% | 12.37% | |
| 5Y | Growth | +14.48% | -48.39% |
| CAGR | +2.75% | -12.41% | |
| Sharpe ratio | 0.10 | -0.36 | |
| Max drawdown | 59.69% | 70.23% | |
| Max daily drop | 19.01% | 7.39% | |
| Max wkly drop | 20.21% | 13.62% | |
| 10Y | Growth | +73.43% | -17.19% |
| CAGR | +5.66% | -1.87% | |
| Sharpe ratio | 0.19 | 0.04 | |
| Max drawdown | 59.69% | 72.66% | |
| Max daily drop | 19.01% | 29.23% | |
| Max wkly drop | 20.21% | 34.30% |
| Category | REGN | BIIB |
|---|---|---|
| Company | Regeneron Pharmaceuticals, Inc. | Biogen Inc. |
| Sector | Healthcare | Healthcare |
| Industry | Biotechnology | Drug Manufacturers - General |
| Core business | Regeneron is a science-driven biopharmaceutical company with a technology platform (Veloci-Suite) that enables rapid antibody discovery. Its commercial portfolio is anchored by Dupixent (dupilumab) for atopic dermatitis and other Th2-driven inflammatory diseases, growing at 25%+ annually with multiple ongoing label expansions. Eylea (aflibercept) for eye diseases provides a second major revenue stream, though facing biosimilar competition from Eylea HD (its own successor product). REGN-EB3 for Ebola and odronextamab in lymphoma represent additional pipeline assets. | Biogen pioneered the treatment of multiple sclerosis and remains a leader in MS with drugs including Tecfidera (now generic), Tysabri, and Vumerity. Its Alzheimer's franchise — lecanemab (Leqembi, developed with Eisai) — represents the company's highest-stakes pipeline bet, as one of the first amyloid-clearing drugs to show clinical benefit. Biogen also has biosimilars revenue and a neuroscience portfolio including Skyclarys for Friedreich's ataxia. |
| Investor focus | Investors focus on Dupixent's expanding indications (COPD, prurigo nodularis, and others), the Eylea to Eylea HD transition success, and the depth of the broader pipeline beyond these two anchors. | Investors track Leqembi's commercial uptake (slowed by payer coverage and infusion logistics challenges), MS product revenue retention against generic competition, and whether the broader neuroscience pipeline can provide a sustainable revenue growth bridge. |
- →Dupixent is one of the fastest-growing large-molecule drugs globally with 10+ approved indications
- →Veloci-Suite antibody discovery platform provides ongoing pipeline generation advantage
- →Strong balance sheet with significant cash enabling pipeline investment and buybacks
- →Leqembi (lecanemab) is one of the first approved Alzheimer's disease-modifying treatments
- →Deep neuroscience expertise and relationships spanning 40+ years of MS drug development
- →Eisai partnership on Leqembi shares development costs and commercialization risk
- →Eylea biosimilar competition creating headwinds for the legacy eye care franchise
- →Dupixent growth will eventually slow as market penetration matures in lead indications
- →High dependence on two products (Dupixent and Eylea) for the majority of revenue
- →Leqembi commercial uptake materially below initial projections due to payer and logistical hurdles
- →MS revenue base eroding from generic Tecfidera competition
- →Alzheimer's drug market may take years to scale, creating a prolonged revenue gap
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