Amgen Inc. (AMGN)

NASDAQ: AMGN · IEX Real-Time Price · USD
272.45
+2.81 (1.04%)
At close: Dec 1, 2023, 4:00 PM
272.42
-0.03 (-0.01%)
Pre-market: Dec 4, 2023, 4:30 AM EST
1.04%
Market Cap 145.81B
Revenue (ttm) 26.83B
Net Income (ttm) 7.57B
Shares Out 535.18M
EPS (ttm) 14.07
PE Ratio 19.36
Forward PE 13.92
Dividend $8.52 (3.13%)
Ex-Dividend Date Nov 16, 2023
Volume 1,541,228
Open 269.97
Previous Close 269.64
Day's Range 267.62 - 272.59
52-Week Range 211.71 - 288.46
Beta 0.58
Analysts Buy
Price Target 275.32 (+1.05%)
Earnings Date Oct 31, 2023

About AMGN

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology, and neuroscience areas. The company's products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta that reduces the chance of infection due a low white blood cell count in patients cancer; Prolia to treat postmenopausal women with osteoporosis; Xgeva for skeletal-related events prevention; Otezla for the treatment o... [Read more]

Sector Healthcare
Founded 1980
Employees 25,200
Stock Exchange NASDAQ
Ticker Symbol AMGN
Full Company Profile

Financial Performance

In 2022, Amgen's revenue was $26.32 billion, an increase of 1.32% compared to the previous year's $25.98 billion. Earnings were $6.55 billion, an increase of 11.18%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for AMGN stock is "Buy." The 12-month stock price forecast is $275.32, which is an increase of 1.05% from the latest price.

Price Target
$275.32
(1.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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4 days ago - Kiplinger

AMGEN TO PRESENT AT THE EVERCORE ISI HEALTHCONX CONFERENCE

THOUSAND OAKS, Calif. , Nov. 22, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the Evercore ISI HealthCONx Conference at 9:10 a.m.

11 days ago - PRNewsWire

New ETF invested in Ozempic maker and exposed to other obesity drugs falls in first day of trade

A new ETF hit the market Tuesday, creating buzz for its exposure to popular weight-loss drugs, while expanding the roster of thematic ETFs available for investors willing to pay up for stock-picking p...

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20 days ago - Yahoo Finance

AMGEN PRESENTS NEW CARDIOVASCULAR RESEARCH AT AHA 2023

New Repatha® (evolocumab) Data Show No Decline in Cognitive Function Associated With Very Low Levels of LDL-C Olpasiran Research Provides Further Insights Into Cardiovascular Risks Associated With Ele...

23 days ago - PRNewsWire

US Senator Elizabeth Warren expresses 'disappointment' in FTC's Amgen decision

Senator Elizabeth Warren, an antitrust hawk, expressed disappointment with the U.S. Federal Trade Commission's decision to allow pharmaceutical firm Amgen to move forward with its acquisition of Horiz...

24 days ago - Reuters

AMGEN PRESENTS NEW RESEARCH IN EARLY PSORIATIC ARTHRITIS AT ACR 2023

FOREMOST Study Finds Oral Otezla ®  (apremilast) Significantly Improved Disease Control vs. Placebo THOUSAND OAKS, Calif.

26 days ago - PRNewsWire

AMGEN PRESENTS NEW DATA FROM PHASE 2 TRIAL OF DAZODALIBEP IN SJÖGREN'S SYNDROME AT ACR 2023

First Phase 2 Trial in Sjögren's to Achieve the Primary Endpoint Both in Patients With Severe Symptomatology and Those  With Systemic Disease Results From Crossover Period Provide Further Evidence of ...

26 days ago - PRNewsWire

Epidemiology and Genetics of Clonal Hematopoiesis, a Premalignant Hematopoietic Stem Cell Condition

Reykjavik, ICELAND , Nov. 6, 2023 /PRNewswire/ -- A comprehensive new study from deCODE genetics, a subsidiary of Amgen, published today in Nature Genetics, provides insights into the epidemiology and...

27 days ago - PRNewsWire

AMGEN PRESENTS NEW DATA THAT SHOW BLOOD PRESSURE DECREASES FOR ADULTS TREATED WITH KRYSTEXXA® (PEGLOTICASE)

THOUSAND OAKS, Calif. , Nov. 2, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced new data for KRYSTEXXA® (pegloticase) showing a decrease in blood pressure during treatment of adults living wi...

4 weeks ago - PRNewsWire

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4 weeks ago - MarketBeat

AMGEN TO PRESENT DATA AT ACR 2023 ACROSS EXPANDED RHEUMATOLOGY PIPELINE AND PORTFOLIO

Breadth of Research Reflects Amgen's Commitment to Rheumatology Data Include Sjögren's Syndrome, Uncontrolled Gout, Severe Active ANCA-Associated Vasculitis and Psoriatic Arthritis THOUSAND OAKS, Cali...

4 weeks ago - PRNewsWire

Investor patience tested as pharmaceutical stocks take a tumble

The Health Care Select Sector SPDR Fund NYSEARCA: XLV was down 3.81% in the past month and 8.03% in the past three months. The latest round of pharmaceutical stock earnings isn't helping sector perfor...

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4 weeks ago - MarketBeat

Amgen gets FDA approval for its inflammatory diseases treatment Wezlana

Amgen AMGN, -2.85% has received approval from the U.S. Food and Drug Administration for Wezlana, its treatment for multiple inflammatory diseases.

4 weeks ago - Market Watch

U.S. FDA approves Amgen's biosimilar vesrion of J&J's Stelara

The U.S. Food and Drug Administration on Tuesday approved Amgen's biosimilar version of Johnson & Johnson's blockbuster psoriasis treatment Stelara for multiple inflammatory diseases.

4 weeks ago - Reuters

Amgen's obesity drug plans, outlook for 2024

Amgen (AMGN) reported third-quarter earnings that beat expectations and raised its full-year revenue guidance. The company recently completed its acquisition of Horizon Therapeutics, which brings its ...

4 weeks ago - Yahoo Finance

Amgen Boosts Revenue Guidance. But the Stock Trades Lower.

The biotechnology company beat third-quarter adjusted earnings estimates but fell a bit short on sales.

4 weeks ago - Barrons

Amgen's stock jumps premarket after earnings beat and company again raises guidance

Amgen Inc.'s stock AMGN, +0.62% rose 2.9% in premarket trade Tuesday, after the biotech blew past earnings estimates for the third quarter and again raised its guidance. The company posted net income ...

4 weeks ago - Market Watch

Amgen third-quarter sales rise 5%; profit up before charge

Amgen , which earlier this month acquired Horizon Therapeutics for $27.8 billion, on Tuesday said its third-quarter product sales rose 5% as double-digit volume growth was offset by lower prices.

4 weeks ago - Reuters

AMGEN REPORTS THIRD QUARTER FINANCIAL RESULTS

THOUSAND OAKS, Calif. , Oct. 31, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the third quarter of 20231.

4 weeks ago - PRNewsWire

AMGEN ANNOUNCES WEBCAST OF 2023 THIRD QUARTER FINANCIAL RESULTS

THOUSAND OAKS, Calif. , Oct. 25, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its third quarter financial results on Tuesday, October 31, 2023, before the opening of th...

5 weeks ago - PRNewsWire

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5 weeks ago - Kiplinger

AMGEN ANNOUNCES 2023 FOURTH QUARTER DIVIDEND

THOUSAND OAKS, Calif. , Oct. 24, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.13 per share dividend for the fourth quarter of 2023.

5 weeks ago - PRNewsWire

AMGEN PRESENTS NEW LUMAKRAS® (SOTORASIB) PLUS VECTIBIX® (PANITUMUMAB) DATA IN PATIENTS WITH KRAS G12C-MUTATED METASTATIC COLORECTAL CANCER

First Global Phase 3 Study in Patients with Chemorefractory KRAS G12C - Mutated Metastatic Colorectal Cancer Results Featured in a Presidential Symposium at ESMO and Simultaneously Published in the Ne...

6 weeks ago - PRNewsWire

AMGEN PRESENTS NEW TARLATAMAB DATA IN SMALL CELL LUNG CANCER

Tarlatamab Delivered an Encouraging Objective Response Rate of 40% and Median Overall Survival of 14.3 Months in Patients with Advanced SCLC Late-Breaking Data Presented at ESMO and Published in the N...

6 weeks ago - PRNewsWire