Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
348.77
-4.39 (-1.24%)
At close: Mar 27, 2026, 4:00 PM EDT
348.82
+0.05 (0.01%)
After-hours: Mar 27, 2026, 7:53 PM EDT
Amgen Stock Forecast
Stock Price Forecast
The 19 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $346.16, which forecasts a -0.75% decrease in the stock price over the next year. The lowest target is $272 and the highest is $432.
Price Target: $346.16 (-0.75%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Amgen stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 0 | 0 | 1 | 2 | 2 |
| Buy | 5 | 4 | 3 | 3 | 3 | 3 |
| Hold | 10 | 11 | 12 | 12 | 13 | 14 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 16 | 16 | 17 | 19 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $350 | Hold | Initiates | $350 | +0.35% | Mar 10, 2026 |
| Barclays | Barclays | Hold Initiates $350 | Hold | Initiates | $350 | +0.35% | Feb 20, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $325 → $375 | Hold | Maintains | $325 → $375 | +7.52% | Feb 19, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $381 → $432 | Buy | Maintains | $381 → $432 | +23.86% | Feb 18, 2026 |
| Argus Research | Argus Research | Strong Buy Maintains $360 → $400 | Strong Buy | Maintains | $360 → $400 | +14.69% | Feb 6, 2026 |
Financial Forecast
Revenue This Year
38.59B
from 36.75B
Increased by 4.99%
Revenue Next Year
39.54B
from 38.59B
Increased by 2.46%
EPS This Year
22.82
from 14.23
Increased by 60.39%
EPS Next Year
23.73
from 22.82
Increased by 3.95%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 40.6B | 44.5B | |||
| Avg | 38.6B | 39.5B | |||
| Low | 36.6B | 36.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 10.5% | 15.4% | |||
| Avg | 5.0% | 2.5% | |||
| Low | -0.4% | -5.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 24.54 | 26.25 | |||
| Avg | 22.82 | 23.73 | |||
| Low | 21.17 | 20.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 72.4% | 15.0% | |||
| Avg | 60.4% | 3.9% | |||
| Low | 48.8% | -10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.