Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
327.31
-1.38 (-0.42%)
At close: Dec 31, 2025, 4:00 PM EST
327.00
-0.31 (-0.09%)
After-hours: Dec 31, 2025, 7:46 PM EST
Amgen Stock Forecast
Stock Price Forecast
The 13 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $315.31, which forecasts a -3.67% decrease in the stock price over the next year. The lowest target is $272 and the highest is $381.
Price Target: $315.31 (-3.67%)
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 0 | 0 |
| Buy | 6 | 5 | 5 | 5 | 3 | 2 |
| Hold | 10 | 9 | 10 | 10 | 10 | 11 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 18 | 18 | 18 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $329 → $304 | Hold | Maintains | $329 → $304 | -7.12% | Dec 12, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $300 → $325 | Hold | Maintains | $300 → $325 | -0.71% | Dec 10, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $335 → $372 | Buy | Maintains | $335 → $372 | +13.65% | Dec 3, 2025 |
| Truist Securities | Truist Securities | Hold Initiates $298 → $318 | Hold | Initiates | $298 → $318 | -2.84% | Nov 24, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $342 → $381 | Buy | Maintains | $342 → $381 | +16.40% | Nov 14, 2025 |
Financial Forecast
Revenue This Year
37.05B
from 33.42B
Increased by 10.85%
Revenue Next Year
37.71B
from 37.05B
Increased by 1.77%
EPS This Year
21.69
from 7.56
Increased by 186.97%
EPS Next Year
22.40
from 21.69
Increased by 3.24%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 38.6B | 40.7B | ||||
| Avg | 37.1B | 37.7B | ||||
| Low | 35.2B | 35.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 15.5% | 9.8% | ||||
| Avg | 10.8% | 1.8% | ||||
| Low | 5.2% | -5.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 23.42 | 25.71 | ||||
| Avg | 21.69 | 22.40 | ||||
| Low | 20.19 | 19.92 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 209.7% | 18.5% | ||||
| Avg | 187.0% | 3.2% | ||||
| Low | 167.0% | -8.2% |
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.