Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
279.80
-1.42 (-0.50%)
May 5, 2025, 4:00 PM EDT - Market closed
Amgen Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Amgen stock have an average target of 323.65, with a low estimate of 215 and a high estimate of 405. The average target predicts an increase of 15.67% from the current stock price of 279.80.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Amgen stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 3 | 3 | 3 | 3 |
| Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Hold | 9 | 9 | 9 | 9 | 8 | 9 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 21 | 21 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $319 → $315 | Hold | Maintains | $319 → $315 | +12.58% | May 2, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $324 → $320 | Buy | Maintains | $324 → $320 | +14.37% | May 2, 2025 |
| UBS | UBS | Hold Maintains $315 → $319 | Hold | Maintains | $315 → $319 | +14.01% | Apr 14, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $328 → $330 | Hold | Maintains | $328 → $330 | +17.94% | Apr 9, 2025 |
| B of A Securities | B of A Securities | Sell Maintains $275 → $294 | Sell | Maintains | $275 → $294 | +5.08% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
35.83B
from 33.42B
Increased by 7.19%
Revenue Next Year
36.68B
from 35.83B
Increased by 2.37%
EPS This Year
21.05
from 7.56
Increased by 178.41%
EPS Next Year
21.91
from 21.05
Increased by 4.10%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.7B | 39.9B | 44.8B | ||
| Avg | 35.8B | 36.7B | 37.7B | ||
| Low | 33.6B | 33.7B | 33.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.8% | 11.3% | 22.3% | ||
| Avg | 7.2% | 2.4% | 2.7% | ||
| Low | 0.6% | -5.9% | -8.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.31 | 24.35 | 26.65 | ||
| Avg | 21.05 | 21.91 | 22.77 | ||
| Low | 19.66 | 19.08 | 19.14 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 195.1% | 15.7% | 21.6% | ||
| Avg | 178.4% | 4.1% | 3.9% | ||
| Low | 160.0% | -9.3% | -12.6% |
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.