Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
463.15
-2.08 (-0.45%)
Nov 10, 2026, 10:50 AM EST - Market open

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 $429.74. The average 1-year stock price forecast is 7.21% lower than the current stock price, while the lowest is $230 (-50.34%) and the highest is $536 (+15.73%).

Price Target: $429.74 (-7.21%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$230$429.74$435$536
Change-50.34%-7.21%-6.08%+15.73%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy101010887
Buy444444
Hold171716171718
Sell112222
Strong Sell222333
Total343434343434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Maintains
$457
BuyMaintains$457-1.33%Nov 9, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$460
HoldMaintains$460-0.68%Nov 9, 2026
Freedom Capital Markets
Freedom Capital Markets
Hold
Downgrades
$450 → $470
HoldDowngrades$450 → $470+1.48%Nov 6, 2026
Unknown Analyst
Leerink Partners
No rating
Leerink Partners
Hold
Maintains
$395 → $464
HoldMaintains$395 → $464+0.18%Nov 5, 2026
Guggenheim
Guggenheim
Hold
Maintains
$378 → $435
HoldMaintains$378 → $435-6.08%Nov 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
39.47B
from 36.75B
Increased by 7.39%
Revenue Next Year
41.23B
from 39.47B
Increased by 4.46%
EPS This Year
23.51
from 21.84
Increased by 7.63%
EPS Next Year
24.99
from 23.51
Increased by 6.33%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.98B26.32B28.19B33.42B36.75B39.47B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%7.39%
Operating Income
9.15B10.10B9.82B9.68B11.57B17.20B
Net Income
5.89B6.55B6.72B4.09B7.71B10.73B
EPS
----21.8423.51
EPS Growth
----10.08%7.63%
Forward PE
13.0614.4014.9512.5915.4619.70
Dividend / Share
7.047.768.529.009.5210.09
Dividend Growth
10.00%10.23%9.79%5.63%5.78%6.03%
Free Cash Flow
----8.10B11.57B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High39.7B
Avg39.5B
Low38.9B

Revenue Growth

Revenue Growth202620272028
High
8.1%
Avg
7.4%
Low
5.8%

EPS Forecast

EPS202620272028
High25.79
Avg23.51
Low22.97

EPS Growth

EPS Growth202620272028
High
18.1%
Avg
7.6%
Low
5.2%