Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
289.98
-0.35 (-0.12%)
At close: Jun 9, 2025, 4:00 PM
289.75
-0.23 (-0.08%)
After-hours: Jun 9, 2025, 7:59 PM EDT
Amgen Stock Forecast
Stock Price Forecast
According to 21 professional analysts, the 12-month price target for Amgen stock ranges from a low of $215 to a high of $405. The average analyst price target of $323.62 forecasts a 11.60% increase in the stock price over the next year.
Price Target: $323.62 (+11.60%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Amgen stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Hold | 9 | 9 | 9 | 8 | 10 | 10 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 21 | 21 | 20 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Hold Initiates $288 | Hold | Initiates | $288 | -0.68% | May 20, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $329 → $328 | Buy | Maintains | $329 → $328 | +13.11% | May 16, 2025 |
| Mizuho | Mizuho | Hold Maintains $235 → $280 | Hold | Maintains | $235 → $280 | -3.44% | May 7, 2025 |
| UBS | UBS | Hold Maintains $319 → $315 | Hold | Maintains | $319 → $315 | +8.63% | May 2, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $324 → $320 | Buy | Maintains | $324 → $320 | +10.35% | May 2, 2025 |
Financial Forecast
Revenue This Year
36.01B
from 33.42B
Increased by 7.73%
Revenue Next Year
36.62B
from 36.01B
Increased by 1.69%
EPS This Year
21.24
from 7.56
Increased by 180.94%
EPS Next Year
21.90
from 21.24
Increased by 3.12%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.7B | 39.3B | 43.7B | ||
| Avg | 36.0B | 36.6B | 37.9B | ||
| Low | 33.8B | 34.1B | 34.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.9% | 9.1% | 19.4% | ||
| Avg | 7.7% | 1.7% | 3.5% | ||
| Low | 1.3% | -5.4% | -5.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.58 | 24.58 | 25.81 | ||
| Avg | 21.24 | 21.90 | 23.01 | ||
| Low | 19.71 | 19.68 | 19.57 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 198.6% | 15.7% | 17.8% | ||
| Avg | 180.9% | 3.1% | 5.1% | ||
| Low | 160.7% | -7.3% | -10.6% |
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.