Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
379.90
-7.74 (-2.00%)
Jul 30, 2026, 10:37 AM EDT - Market open

Amgen Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Amgen stock has a consensus rating of "Buy" and an average price target of $357.03. The average 1-year stock price forecast is 6.02% lower than the current stock price, while the lowest is $215 (-43.41%) and the highest is $427 (+12.40%).

Price Target: $357.03 (-6.02%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$215$357.03$360$427
Change-43.41%-6.02%-5.24%+12.40%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy999101010
Buy444444
Hold171819181717
Sell111111
Strong Sell222222
Total333435353434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$350$360
HoldMaintains$350$360-5.24%Jul 29, 2026
Bernstein
Bernstein
Hold
Maintains
$335
HoldMaintains$335-11.82%Jul 23, 2026
Citi
Citi
Hold
Maintains
$345
HoldMaintains$345-9.19%Jul 15, 2026
UBS
UBS
Buy
Reiterates
$400$420
BuyReiterates$400$420+10.56%Jul 13, 2026
BMO Capital
BMO Capital
Buy
Maintains
$400
BuyMaintains$400+5.29%Jul 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.76B
from 36.75B
Increased by 2.73%
Revenue Next Year
38.69B
from 37.76B
Increased by 2.47%
EPS This Year
22.34
from 21.84
Increased by 2.29%
EPS Next Year
23.46
from 22.34
Increased by 5.01%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.98B26.32B28.19B33.42B36.75B37.76B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%2.73%
Operating Income
9.15B10.10B9.82B9.68B11.57B16.49B
Net Income
5.89B6.55B6.72B4.09B7.71B8.22B
EPS
----21.8422.34
EPS Growth
----10.08%2.29%
Forward PE
13.0614.4014.9512.5915.4617.01
Dividend / Share
7.047.768.529.009.5210.09
Dividend Growth
-10.23%9.79%5.63%5.78%5.95%
Free Cash Flow
7.52B8.69B3.39B13.73B7.50B12.69B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High38.6B
Avg37.8B
Low37.2B

Revenue Growth

Revenue Growth202620272028
High
5.1%
Avg
2.7%
Low
1.2%

EPS Forecast

EPS202620272028
High23.11
Avg22.34
Low21.70

EPS Growth

EPS Growth202620272028
High
5.8%
Avg
2.3%
Low
-0.6%