Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
296.88
+1.78 (0.60%)
At close: Aug 1, 2025, 4:00 PM
297.50
+0.62 (0.21%)
After-hours: Aug 1, 2025, 7:51 PM EDT

Amgen Stock Forecast

Stock Price Forecast

The 20 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $321.7, which forecasts a 8.36% increase in the stock price over the next year. The lowest target is $215 and the highest is $405.

Price Target: $321.70 (+8.36%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$215$321.7$320$405
Change-27.58%+8.36%+7.79%+36.42%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy333332
Buy777666
Hold998101010
Sell222222
Strong Sell000000
Total212120212120

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B of A Securities
B of A Securities
Sell
Maintains
$252$261
SellMaintains$252$261-12.09%Jul 23, 2025
Citigroup
Citigroup
Hold
Maintains
$300$305
HoldMaintains$300$305+2.74%Jul 22, 2025
UBS
UBS
Hold
Maintains
$315$326
HoldMaintains$315$326+9.81%Jul 21, 2025
Piper Sandler
Piper Sandler
Buy
Reiterates
$328
BuyReiterates$328+10.48%Jun 27, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$305
HoldReiterates$305+2.74%Jun 24, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
36.09B
from 33.42B
Increased by 7.96%
Revenue Next Year
36.70B
from 36.09B
Increased by 1.70%
EPS This Year
21.30
from 7.56
Increased by 181.75%
EPS Next Year
21.93
from 21.30
Increased by 2.97%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
25.42B25.98B26.32B28.19B33.42B36.09B36.70B37.78B
Revenue Growth
8.83%2.18%1.32%7.09%18.57%7.96%1.70%2.93%
EPS
12.3110.2812.1112.497.5621.3021.9322.98
EPS Growth
-4.43%-16.49%17.80%3.14%-39.47%181.75%2.97%4.76%
Forward PE
-----13.9413.5412.92
No. Analysts
-----343427
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High38.1B39.6B43.8B
Avg36.1B36.7B37.8B
Low33.8B34.1B34.5B

Revenue Growth

Revenue Growth202520262027
High
14.1%
9.7%
19.3%
Avg
8.0%
1.7%
2.9%
Low
1.3%
-5.6%
-5.9%

EPS Forecast

EPS202520262027
High22.8824.5825.81
Avg21.3021.9322.98
Low19.7119.6819.68

EPS Growth

EPS Growth202520262027
High
202.6%
15.4%
17.7%
Avg
181.7%
3.0%
4.8%
Low
160.7%
-7.6%
-10.3%
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.