Amgen Inc. (AMGN)

NASDAQ: AMGN · Real-Time Price · USD
263.38
+2.19 (0.84%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.84%
Market Cap 141.58B
Revenue (ttm) 32.53B
Net Income (ttm) 4.23B
Shares Out 537.53M
EPS (ttm) 7.83
PE Ratio 33.62
Forward PE 12.75
Dividend $9.52 (3.62%)
Ex-Dividend Date Feb 14, 2025
Volume 13,367,837
Open 269.00
Previous Close 261.19
Day's Range 262.21 - 269.61
52-Week Range 253.30 - 346.85
Beta 0.54
Analysts Buy
Price Target 329.05 (+24.93%)
Earnings Date Feb 4, 2025

About AMGN

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; N... [Read more]

Sector Healthcare
Founded 1980
Employees 26,700
Stock Exchange NASDAQ
Ticker Symbol AMGN
Full Company Profile

Financial Performance

In 2023, Amgen's revenue was $28.19 billion, an increase of 7.09% compared to the previous year's $26.32 billion. Earnings were $6.72 billion, an increase of 2.52%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for AMGN stock is "Buy." The 12-month stock price forecast is $329.05, which is an increase of 24.93% from the latest price.

Price Target
$329.05
(24.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

What's Going On With Amgen Stock On Friday?

On Friday, Novo Nordisk A/S NVO released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.

15 hours ago - Benzinga

PESG Releases Market Update: Silexion Therapeutics Advances KRAS-Targeting Therapies with New Collaboration As Industry Demand for Precision Oncology Solutions Rises

LONDON--(BUSINESS WIRE)---- $AMGN #biotech--PESG Research Releases an Market Update Report on Silexion Therapeutics (NASDAQ: SLXN). The precision oncology sector has rapidly evolved into one of the mo...

Other symbols: SLXN
3 days ago - Business Wire

Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value

Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...

7 days ago - Seeking Alpha

AMGEN ANNOUNCES 2025 FIRST QUARTER DIVIDEND

THOUSAND OAKS, Calif. , Dec. 10, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.38 per share dividend for the first quarter of 2025.

10 days ago - PRNewsWire

BLINCYTO® (BLINATUMOMAB) ADDED TO CHEMOTHERAPY SIGNIFICANTLY IMPROVES SURVIVAL IN NEWLY DIAGNOSED PEDIATRIC PATIENTS WITH B-CELL PRECURSOR ACUTE LYMPHOBLASTIC LEUKEMIA (B-ALL)

Phase 3 Study Results Demonstrated Three Year, Disease-Free Survival of 96% THOUSAND OAKS, Calif. , Dec. 7, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced new data demonstrating that adding ...

13 days ago - PRNewsWire

Healthy Returns: Wall Street mulls over Amgen's weight loss drug data

Wall Street is chewing over data on Amgen's weight loss injection, MariTde. Meanwhile, GE HealthCare will acquire a Japanese drug company.

15 days ago - CNBC

Amgen to invest $1 bln in North Carolina manufacturing site

U.S. drugmaker Amgen said on Thursday it will invest $1 billion towards a second drug substance manufacturing facility in North Carolina.

15 days ago - Reuters

AMGEN ANNOUNCES $1 BILLION MANUFACTURING EXPANSION IN NORTH CAROLINA

Investment Establishes Second Facility in Holly Springs; Builds on Previous $550M Commitment THOUSAND OAKS, Calif. , Dec. 5, 2024 /PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced a $1 billion expa...

15 days ago - PRNewsWire

Dow 30 December Dogs Show 28 Pay Dividends And 1 "Safer" Buy

Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding its single share price. Five more Dow Dogs, including Cisco and Merck, are within 66% of meeting this idea...

Other symbols: BACSCOCVXDISGSIBMJNJ
16 days ago - Seeking Alpha

Amgen Inc. (AMGN) Annual Evercore ISI HealthCONx Healthcare Conference (Transcript)

Amgen Inc. (NASDAQ:AMGN) Annual Evercore ISI HealthCONx Healthcare Conference December 4, 2024 10:00 AM ET Company Participants Peter Griffith - Executive Vice President and Chief Financial Officer J...

16 days ago - Seeking Alpha

Weight Loss Drug Wars Heat Up: Amgen Challenges Eli Lilly, Novo's Dominance

The battle for the multibillion-dollar obesity market just got fiercer. Amgen Inc's AMGN new drug candidate, MariTide, reported promising results, helping patients shed around 20% of their body weight...

Other symbols: LLY
17 days ago - Benzinga

Bargain Hunting In A Pricey Market: 2 High-Yield Dividend Picks That Have Me Hooked

With markets surging, finding high-yield bargains can feel impossible. Yet, opportunities still exist for disciplined, value-focused investors. My strategy targets strong, dividend-paying businesses t...

Other symbols: MPLX
17 days ago - Seeking Alpha

AMGEN TO PRESENT AT CITI'S 2024 GLOBAL HEALTHCARE CONFERENCE

THOUSAND OAKS, Calif. , Dec. 2, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at Citi's 2024 Global Healthcare Conference at 9:30 a.m.

18 days ago - PRNewsWire

AMGEN TO PRESENT AT THE 7th ANNUAL EVERCORE HEALTHCONx CONFERENCE

THOUSAND OAKS, Calif. , Nov. 29, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the 7th Annual Evercore HealthCONx Conference at 10:00 a.m.

21 days ago - PRNewsWire

Amgen's Phase 2 Results Were Not Bad, Don't Let Mr. Market Fool You

Amgen's MariTide shows up to 20% weight loss in Phase II, leaving room for improvement beyond 52 weeks, as weight loss did not plateau. GI side effects are a concern, but Amgen plans to address them t...

23 days ago - Seeking Alpha

Where to invest in GLP-1 stocks

Salveen Richter, Goldman Sachs lead U.S. biotech analyst, joins 'Squawk on the Street' to discuss Amgen's mid-stage trial results for its experimental obesity drug, why she remains bullish on the comp...

Other symbols: LLYNVO
23 days ago - CNBC Television

Final Trade: JWN, IWM, GCO, AMGN

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: IWMGCOJWN
24 days ago - CNBC Television

Wait for longer-term data with Amgen's GLP-1, says Piper Sandler's Christopher Raymond

Piper Sandler's Christopher Raymond joins 'Fast Money' to talk Amgen's stock sinking on GLP-1 results.

24 days ago - CNBC Television

Stock Market Today: The S&P 500 Reclaims the 6K Level

Investors see Scott Bessent as a safe shepherd of the economy as the president-elect burnishes his "Tariff Man" reputation.

24 days ago - Kiplinger

Amgen: MariTide Underwhelms, But There Are Ways To Win

Shares of Amgen fell after the company reported underwhelming phase 2 data with weight loss up to 20% in obese patients after 52 weeks of treatment. The results underperformed Street expectations. I b...

24 days ago - Seeking Alpha

Amgen Stock Sinks as Obesity Drug Test Results Fail To Meet Expectations

Amgen (AMGN) shares tanked Tuesday after results from a test of the biotech's experimental weight-loss drug came in below expectations.

24 days ago - Investopedia

The Best Large-Cap Stocks to Buy

Large-cap stocks are key additions to any well-rounded portfolio, but how do you find the best ones? We take a closer look here.

Other symbols: ABTBSXCRMGILDGSINTUMDT
24 days ago - Kiplinger

Chart of the Day: Amgen

Amgen on pace for its worst day since October of 2000. It's our Chart of the Day.

24 days ago - CNBC Television

S&P, Nasdaq climb while Dow dips amid Trump tariff concerns; Amgen, Kohl's shares tumble

The S&P 500 and Nasdaq Composite rose on Tuesday, while Dow Jones slipped as investors assessed the threat of new tariffs from President-elect Donald Trump.  The S&P 500 index rose 0.2%, while the Nas...

Other symbols: KSS
24 days ago - Invezz

Cramer's Stop Trading: Amgen

CNBC's Jim Cramer explains why he is keeping an eye on shares of Amgen.

24 days ago - CNBC Television