Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
291.77
-0.32 (-0.11%)
At close: Oct 29, 2025, 4:00 PM EDT
293.00
+1.23 (0.42%)
After-hours: Oct 29, 2025, 7:56 PM EDT
Amgen Stock Forecast
Stock Price Forecast
The 14 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $313.57, which forecasts a 7.47% increase in the stock price over the next year. The lowest target is $272 and the highest is $380.
Price Target: $313.57 (+7.47%)
Analyst Consensus: Hold
* Price targets were last updated on Sep 26, 2025.
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 6 | 6 | 6 | 5 | 5 | 3 |
| Hold | 10 | 10 | 10 | 9 | 10 | 10 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 20 | 18 | 18 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $261 → $272 | Sell | Maintains | $261 → $272 | -6.78% | Sep 26, 2025 |
| 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 | +17.22% | Aug 25, 2025 |
| Citigroup | Citigroup | Hold Maintains $305 → $310 | Hold | Maintains | $305 → $310 | +6.25% | Aug 6, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $330 → $333 | Hold | Maintains | $330 → $333 | +14.13% | Aug 6, 2025 |
Financial Forecast
Revenue This Year
36.40B
from 33.42B
Increased by 8.90%
Revenue Next Year
37.05B
from 36.40B
Increased by 1.79%
EPS This Year
21.49
from 7.56
Increased by 184.22%
EPS Next Year
22.01
from 21.49
Increased by 2.43%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.0B | 39.9B | |||
| Avg | 36.4B | 37.1B | |||
| Low | 34.6B | 34.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.8% | 9.7% | |||
| Avg | 8.9% | 1.8% | |||
| Low | 3.5% | -6.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.58 | 24.36 | |||
| Avg | 21.49 | 22.01 | |||
| Low | 20.23 | 19.84 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 198.6% | 13.4% | |||
| Avg | 184.2% | 2.4% | |||
| Low | 167.6% | -7.7% |
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.