Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
276.39
-6.34 (-2.24%)
At close: Sep 12, 2025, 4:00 PM EDT
277.00
+0.61 (0.22%)
After-hours: Sep 12, 2025, 4:24 PM EDT
Amgen Stock Forecast
Stock Price Forecast
The 18 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $320.11, which forecasts a 15.82% increase in the stock price over the next year. The lowest target is $215 and the highest is $405.
Price Target: $320.11 (+15.82%)
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 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 7 | 6 | 6 | 6 | 5 | 5 |
| Hold | 8 | 10 | 10 | 10 | 9 | 10 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 21 | 21 | 20 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 3, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $328 → $342 | Buy | Maintains | $328 → $342 | +23.74% | Aug 25, 2025 |
| Citigroup | Citigroup | Hold Maintains $305 → $310 | Hold | Maintains | $305 → $310 | +12.16% | Aug 6, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $330 → $333 | Hold | Maintains | $330 → $333 | +20.48% | Aug 6, 2025 |
| UBS | UBS | Hold Maintains $326 → $317 | Hold | Maintains | $326 → $317 | +14.69% | Aug 6, 2025 |
Financial Forecast
Revenue This Year
36.43B
from 33.42B
Increased by 8.99%
Revenue Next Year
37.08B
from 36.43B
Increased by 1.79%
EPS This Year
21.52
from 7.56
Increased by 184.64%
EPS Next Year
22.12
from 21.52
Increased by 2.79%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.0B | 39.8B | |||
| Avg | 36.4B | 37.1B | |||
| Low | 34.6B | 34.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.7% | 9.3% | |||
| Avg | 9.0% | 1.8% | |||
| Low | 3.4% | -6.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.70 | 24.36 | |||
| Avg | 21.52 | 22.12 | |||
| Low | 20.23 | 19.90 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 200.3% | 13.2% | |||
| Avg | 184.6% | 2.8% | |||
| Low | 167.6% | -7.5% |
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.