Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
303.01
+5.08 (1.71%)
At close: Feb 21, 2025, 4:00 PM
301.90
-1.11 (-0.37%)
After-hours: Feb 21, 2025, 6:29 PM EST
Amgen Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Amgen stock have an average target of 322.26, with a low estimate of 215 and a high estimate of 405. The average target predicts an increase of 6.35% from the current stock price of 303.01.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 4 | 5 | 5 | 4 | 3 |
| Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Hold | 9 | 9 | 10 | 9 | 9 | 9 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 20 | 22 | 22 | 22 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $310 → $329 | Buy | Maintains | $310 → $329 | +8.58% | Feb 10, 2025 |
| B of A Securities | B of A Securities | Sell Maintains $256 → $275 | Sell | Maintains | $256 → $275 | -9.24% | Feb 6, 2025 |
| Citigroup | Citigroup | Hold Maintains $310 → $295 | Hold | Maintains | $310 → $295 | -2.64% | Jan 28, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $324 | Buy | Reiterates | $324 | +6.93% | Jan 24, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $335 → $280 | Hold | Maintains | $335 → $280 | -7.59% | Jan 10, 2025 |
Financial Forecast
Revenue This Year
35.23B
from 33.42B
Increased by 5.39%
Revenue Next Year
35.77B
from 35.23B
Increased by 1.55%
EPS This Year
21.04
from 7.56
Increased by 178.37%
EPS Next Year
21.94
from 21.04
Increased by 4.27%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.8B | 40.4B | 39.5B | ||
| Avg | 35.2B | 35.8B | 36.4B | ||
| Low | 32.0B | 32.5B | 31.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.2% | 14.7% | 10.3% | ||
| Avg | 5.4% | 1.6% | 1.9% | ||
| Low | -4.2% | -7.7% | -13.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.27 | 24.71 | 26.54 | ||
| Avg | 21.04 | 21.94 | 22.51 | ||
| Low | 19.66 | 19.04 | 19.14 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 194.6% | 17.4% | 21.0% | ||
| Avg | 178.4% | 4.3% | 2.6% | ||
| Low | 160.0% | -9.5% | -12.8% |
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.