Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
363.62
-4.37 (-1.19%)
At close: Jul 9, 2026, 4:00 PM EDT
361.44
-2.18 (-0.60%)
After-hours: Jul 9, 2026, 7:59 PM EDT
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 $354.97. The average 1-year stock price forecast is 2.38% lower than the current stock price, while the lowest is $200 (-45.00%) and the highest is $427 (+17.43%).
Price Target: $354.97 (-2.38%)
Analyst Consensus: Buy
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
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 17 | 18 | 19 | 18 | 17 | 17 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 33 | 34 | 35 | 35 | 34 | 34 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $340 → $333 | Hold | Maintains | $340 → $333 | -8.42% | Jul 8, 2026 |
| Truist Financial | Truist Financial | Hold Maintains $327 → $340 | Hold | Maintains | $327 → $340 | -6.50% | Jul 7, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $400 | Buy | Maintains | $400 | +10.00% | Jul 1, 2026 |
| Piper Sandler | Piper Sandler | Buy Reiterates $427 | Buy | Reiterates | $427 | +17.43% | Jun 29, 2026 |
| Mizuho Securities | Mizuho Securities | Hold Maintains $303 | Hold | Maintains | $303 | -16.67% | Jun 22, 2026 |
Financial Forecast
Revenue This Year
37.76B
from 36.75B
Increased by 2.75%
Revenue Next Year
38.71B
from 37.76B
Increased by 2.52%
EPS This Year
22.39
from 21.84
Increased by 2.52%
EPS Next Year
23.46
from 22.39
Increased by 4.80%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 38.5B | ||
| Avg | 37.8B | ||
| Low | 37.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.6% | ||
| Avg | 2.8% | ||
| Low | 0.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.01 | ||
| Avg | 22.39 | ||
| Low | 21.70 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.4% | ||
| Avg | 2.5% | ||
| Low | -0.6% |