Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
418.13
+3.52 (0.85%)
At close: Sep 28, 2026, 4:00 PM EDT
418.10
-0.03 (-0.01%)
Pre-market: Sep 29, 2026, 8:02 AM EDT

Amgen Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Amgen stock has a consensus rating of "Hold" and an average price target of $388.43. The average 1-year stock price forecast is 7.10% lower than the current stock price, while the lowest is $225 (-46.19%) and the highest is $457 (+9.30%).

Price Target: $388.43 (-7.10%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$225$388.43$397.5$457
Change-46.19%-7.10%-4.93%+9.30%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy7765108
Buy222444
Hold33321618
Sell000022
Strong Sell000022
Total121211113434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Buy
Maintains
$450 → $500
BuyMaintains$450 → $500+19.58%Sep 28, 2026
Raymond James
Raymond James
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 25, 2026
Unknown Analyst
Leerink Partners
No rating
Leerink Partners
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 24, 2026
Unknown Analyst
Jefferies
No rating
Jefferies
Hold
Maintains
$367 → $410
HoldMaintains$367 → $410-1.94%Sep 23, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$450
BuyMaintains$450+7.62%Sep 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
38.94B
from 36.75B
Increased by 5.95%
Revenue Next Year
40.31B
from 38.94B
Increased by 3.52%
EPS This Year
23.06
from 21.84
Increased by 5.57%
EPS Next Year
24.45
from 23.06
Increased by 6.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.98B26.32B28.19B33.42B36.75B38.94B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%5.95%
Operating Income
9.15B10.10B9.82B9.68B11.57B16.96B
Net Income
5.89B6.55B6.72B4.09B7.71B8.58B
EPS
----21.8423.06
EPS Growth
----10.08%5.57%
Forward PE
13.0614.4014.9512.5915.4618.14
Dividend / Share
7.047.768.529.009.5210.09
Dividend Growth
10.00%10.23%9.79%5.63%5.78%5.96%
Free Cash Flow
----8.10B11.11B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High39.4B
Avg38.9B
Low38.4B

Revenue Growth

Revenue Growth202620272028
High
7.2%
Avg
6.0%
Low
4.5%

EPS Forecast

EPS202620272028
High23.90
Avg23.06
Low22.47

EPS Growth

EPS Growth202620272028
High
9.4%
Avg
5.6%
Low
2.9%