Amgen Inc. (AMGN)

NASDAQ: AMGN · IEX Real-Time Price · USD
265.51
-1.77 (-0.66%)
At close: Apr 15, 2024, 4:00 PM
267.25
+1.74 (0.66%)
Pre-market: Apr 16, 2024, 4:58 AM EDT
-0.66%
Market Cap 142.29B
Revenue (ttm) 28.19B
Net Income (ttm) 6.72B
Shares Out 535.92M
EPS (ttm) 12.49
PE Ratio 21.26
Forward PE 13.33
Dividend $9.00 (3.39%)
Ex-Dividend Date May 16, 2024
Volume 1,733,175
Open 269.93
Previous Close 267.28
Day's Range 264.35 - 270.93
52-Week Range 211.71 - 329.72
Beta 0.60
Analysts Buy
Price Target 292.95 (+10.34%)
Earnings Date May 2, 2024

About AMGN

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company's principal products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; N... [Read more]

Sector Healthcare
Founded 1980
Employees 26,700
Stock Exchange NASDAQ
Ticker Symbol AMGN
Full Company Profile

Financial Performance

In 2023, Amgen's revenue was $28.19 billion, an increase of 7.09% compared to the previous year's $26.32 billion. Earnings were $6.72 billion, an increase of 2.52%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for AMGN stock is "Buy." The 12-month stock price forecast is $292.95, which is an increase of 10.34% from the latest price.

Price Target
$292.95
(10.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Shell, 2-YR T-Note and Amgen

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: SHEL
3 days ago - CNBC Television

This weight-loss ETF has performed well in its first five months. How does it compare with cheaper alternatives?

A new exchange-traded fund needs an edge to attract investors. This might be its industry focus — a tall order in a crowded market with ETFs covering just about any industry you can imagine.

5 days ago - Market Watch

Top three US healthcare stocks to buy in April

As we look forward to celebrating World Health Day on April 7th, these are the top three healthcare US companies we think you should be watching for your financial health.  1. Lilly (Eli) & Co.

Other symbols: ABBVLLY
12 days ago - Invezz

Amgen wants in on the booming weight loss drug market — and it's taking a different approach

Amgen is testing a monthly injection that works differently and appears to help patients maintain their weight loss even after they stop taking it.

22 days ago - CNBC

AMGEN PRESENTS NEW RESEARCH ON OTEZLA® (APREMILAST) AT AAD 2024

SPROUT 52-Week Data Demonstrate Durable Response and Consistent Safety Profile of Oral Otezla in Children with Moderate to Severe Plaque Psoriasis Late-Breaking Phase 3 Study of Otezla in Palmoplantar...

5 weeks ago - PRNewsWire

Daily Dividend Report: GD, Amgen, American Express, Philip Morris, KAI

The board of directors of General Dynamics today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable May 10, 2024, to shareholders of record on April 12, 20...

Other symbols: AXPPM
5 weeks ago - Forbes

AMGEN ANNOUNCES 2024 SECOND QUARTER DIVIDEND

THOUSAND OAKS, Calif. , March 6, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.25 per share dividend for the second quarter of 2024.

5 weeks ago - PRNewsWire

AMGEN TO PRESENT AT THE 44TH ANNUAL TD COWEN HEALTH CARE CONFERENCE

THOUSAND OAKS, Calif. , Feb. 29, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the 44th Annual TD Cowen Health Care Conference at 9:10 a.m.

6 weeks ago - PRNewsWire

AMGEN OPENS STATE-OF-THE-ART BIOMANUFACTURING SITE IN CENTRAL OHIO

THOUSAND OAKS, Calif. , Feb. 26, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced the opening of its manufacturing site in Central Ohio, the newest in its global operations network and the mos...

7 weeks ago - PRNewsWire

RedHill's Opaganib Protects Against Radiation-Induced Lung Inflammation and Fibrosis - New Publication

The data, published in the International Journal of Molecular Sciences, demonstrate that opaganib significantly improved long-term survival in an in vivo model of lung damage following exposure to ion...

Other symbols: GILDRDHL
7 weeks ago - PRNewsWire

AMGEN TO HOST CONFERENCE CALL ON RARE DISEASE

THOUSAND OAKS, Calif. , Feb. 19, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will host a webcasted call at 1:00 p.m.

2 months ago - PRNewsWire

AMGEN TO PRESENT AT THE 34TH ANNUAL OPPENHEIMER HEALTHCARE LIFE SCIENCES CONFERENCE

THOUSAND OAKS, Calif. , Feb. 9, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the 34th Annual Oppenheimer Healthcare Life Sciences Conference at 12:00 p.m.

2 months ago - PRNewsWire

Amgen has 'a lot to prove' in the weight-loss drug category, says Mizuho's Jared Holz

Jared Holz, Mizuho, joins 'Closing Bell Overtime' to talk Amgen's obesity drug trial results.

2 months ago - CNBC Television

Cramer's Stop Trading: Amgen

CNBC's Jim Cramer explains why he is keeping an eye on shares of Amgen.

2 months ago - CNBC Television

Amgen's quarterly results top expectations despite Enbrel sales decline

Amgen Inc. on Tuesday reported fourth-quarter profits and sales that topped analysts' expectations even as revenues dropped for one of its top sellers, the rheumatoid-arthritis drug Enbrel.

2 months ago - Market Watch

Amgen quarterly profit rises 15% as Horizon deal boosts results

Amgen on Tuesday said its adjusted fourth-quarter profit rose 15%, driven by a 20% increase in revenue following the biotechnology company's October acquisition of rare disease drugmaker Horizon Thera...

2 months ago - Reuters

AMGEN REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS

THOUSAND OAKS, Calif. , Feb. 6, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the fourth quarter and full year 2023 versus comparable periods in 2022.

2 months ago - PRNewsWire

Focus: Amgen taking different path to weight loss windfall

The popularity of a new generation of weight-loss medicines is inspiring a growing number of drugmakers to pursue paths emulating Eli Lilly's highly-effective Zepbound, but Amgen is taking a unique ap...

2 months ago - Reuters

Promising early data details on Amgen weight-loss drug published

Animal and early-stage human trial data for Amgen's experimental obesity drug published in a medical journal showed that it promoted significant weight loss with an acceptable safety profile, the comp...

2 months ago - Reuters

AMGEN ANNOUNCES WEBCAST OF 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

THOUSAND OAKS, Calif. , Feb. 1, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its fourth quarter and full year 2023 financial results on Tuesday, February 6, 2024, after...

2 months ago - PRNewsWire

Pharma industry to get US government price cut proposals by Thursday

Pharmaceutical companies are due to receive by Thursday the U.S. government's opening proposal for discounts it is seeking on 10 high-cost medicines, an important step in the Medicare health program's...

Other symbols: ABBVBMYJNJMRKPFE
2 months ago - Reuters

deCODE genetics: A sequence variant that increases risk of pregnancy loss

REYKJAVIK, Iceland , Jan. 29, 2024 /PRNewswire/ -- Scientists at deCODE genetics, a subsidiary of Amgen, and their collaborators from Iceland, Denmark, and the USA published a study today in Nature St...

2 months ago - PRNewsWire

US FDA revises labeling on Amgen's drug to treat bone loss

The U.S. health regulator said on Friday it has revised the prescribing information on Amgen's drug to treat bone loss to include a boxed warning related to risk of severely low calcium level in certa...

3 months ago - Reuters

10 Healthcare Stocks That Are Heating Up

The sector has seen one of the best starts to the year in decades, Goldman says.

3 months ago - Barrons

Stocks This Week: Buy The Biotech Stocks: Amgen And Gilead

Two sets of reliable stock market cycles have topped. Technically, the market does not appear as weak as expected.

Other symbols: GILD
3 months ago - Forbes