Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
277.13
-1.98 (-0.71%)
At close: Jun 27, 2025, 4:00 PM
277.12
-0.01 (0.00%)
After-hours: Jun 27, 2025, 6:03 PM EDT

Amgen Stock Forecast

Stock Price Forecast

According to 20 professional analysts, the 12-month price target for Amgen stock ranges from a low of $215 to a high of $405. The average analyst price target of $322.3 forecasts a 16.30% increase in the stock price over the next year.

Price Target: $322.30 (+16.30%)
Analyst Consensus: Hold
Target Low Average Median High
Price $215 $322.3 $319 $405
Change -22.42% +16.30% +15.11% +46.14%

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

Rating Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 433332
Buy 777766
Hold 99981010
Sell 222222
Strong Sell 000000
Total 222121202120

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Reiterates
$328
Buy Reiterates $328 +18.36% Jun 27, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$305
Hold Reiterates $305 +10.06% Jun 24, 2025
Guggenheim
Guggenheim
Hold
Initiates
$288
Hold Initiates $288 +3.92% May 20, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$329$328
Buy Maintains $329$328 +18.36% May 16, 2025
Mizuho
Mizuho
Hold
Maintains
$235$280
Hold Maintains $235$280 +1.04% May 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
36.01B
from 33.42B
Increased by 7.73%
Revenue Next Year
36.62B
from 36.01B
Increased by 1.68%
EPS This Year
21.31
from 7.56
Increased by 181.83%
EPS Next Year
21.92
from 21.31
Increased by 2.87%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
25.42B25.98B26.32B28.19B33.42B36.01B36.62B37.90B
Revenue Growth
8.83%2.18%1.32%7.09%18.57%7.73%1.68%3.50%
EPS
12.3110.2812.1112.497.5621.3121.9223.02
EPS Growth
-4.43%-16.49%17.80%3.14%-39.47%181.83%2.87%5.04%
Forward PE
-----13.0112.6412.04
No. Analysts
-----333327
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 37.7B 39.3B 43.7B
Avg 36.0B 36.6B 37.9B
Low 33.8B 34.1B 34.5B

Revenue Growth

Revenue Growth 202520262027
High
12.9%
9.1%
19.4%
Avg
7.7%
1.7%
3.5%
Low
1.3%
-5.4%
-5.7%

EPS Forecast

EPS 202520262027
High 22.88 24.58 25.81
Avg 21.31 21.92 23.02
Low 19.71 19.68 19.68

EPS Growth

EPS Growth 202520262027
High
202.6%
15.4%
17.8%
Avg
181.8%
2.9%
5.0%
Low
160.7%
-7.6%
-10.2%
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.