Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
355.30
+5.91 (1.69%)
At close: Apr 17, 2026, 4:00 PM EDT
355.99
+0.69 (0.19%)
After-hours: Apr 17, 2026, 7:40 PM EDT

Amgen Stock Forecast

Stock Price Forecast

The 18 analysts that cover Amgen stock have a consensus rating of "Hold" and an average price target of $350.22, which forecasts a -1.43% decrease in the stock price over the next year. The lowest target is $272 and the highest is $432.

Price Target: $350.22 (-1.43%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$272$350.22$350$432
Change-23.44%-1.43%-1.49%+21.59%

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

RatingNov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy001222
Buy433333
Hold111212131413
Sell111111
Strong Sell000000
Total161617192019

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Strong Buy
Maintains
$390$400
Strong BuyMaintains$390$400+12.58%Apr 13, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$309$326
HoldMaintains$309$326-8.25%Apr 10, 2026
Guggenheim
Guggenheim
Hold
Maintains
$347$351
HoldMaintains$347$351-1.21%Apr 9, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$350
HoldReiterates$350-1.49%Apr 8, 2026
Jefferies
Jefferies
Hold
Initiates
$350
HoldInitiates$350-1.49%Mar 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
38.59B
from 36.75B
Increased by 5.00%
Revenue Next Year
39.53B
from 38.59B
Increased by 2.45%
EPS This Year
22.84
from 14.23
Increased by 60.47%
EPS Next Year
23.76
from 22.84
Increased by 4.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
25.98B26.32B28.19B33.42B36.75B38.59B39.53B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%5.00%2.45%
EPS
10.2812.1112.497.5614.2322.8423.76
EPS Growth
-16.49%17.80%3.14%-39.47%88.23%60.47%4.06%
Forward PE
-----15.5614.95
No. Analysts
-----3834
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High40.5B44.5B
Avg38.6B39.5B
Low36.6B36.3B

Revenue Growth

Revenue Growth20262027202820292030
High
10.1%
15.4%
Avg
5.0%
2.5%
Low
-0.4%
-5.9%

EPS Forecast

EPS20262027202820292030
High24.5426.04
Avg22.8423.76
Low21.1720.38

EPS Growth

EPS Growth20262027202820292030
High
72.4%
14.0%
Avg
60.5%
4.1%
Low
48.8%
-10.7%
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.