Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
289.33
+4.35 (1.53%)
At close: Aug 13, 2025, 4:00 PM
289.24
-0.09 (-0.03%)
After-hours: Aug 13, 2025, 7:59 PM EDT

Amgen Stock Forecast

Stock Price Forecast

According to 18 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 $319.33 forecasts a 10.37% increase in the stock price over the next year.

Price Target: $319.33 (+10.37%)
Analyst Consensus: Hold
Target Low Average Median High
Price $215 $319.33 $319 $405
Change -25.69% +10.37% +10.25% +39.98%

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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 333322
Buy 776665
Hold 981010109
Sell 222222
Strong Sell 000000
Total 212021212018

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$305$310
Hold Maintains $305$310 +7.14% Aug 6, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$330$333
Hold Maintains $330$333 +15.09% Aug 6, 2025
UBS
UBS
Hold
Maintains
$326$317
Hold Maintains $326$317 +9.56% Aug 6, 2025
B of A Securities
B of A Securities
Sell
Maintains
$252$261
Sell Maintains $252$261 -9.79% Jul 23, 2025
Citigroup
Citigroup
Hold
Maintains
$300$305
Hold Maintains $300$305 +5.42% Jul 22, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
36.09B
from 33.42B
Increased by 7.96%
Revenue Next Year
36.70B
from 36.09B
Increased by 1.70%
EPS This Year
21.30
from 7.56
Increased by 181.75%
EPS Next Year
21.93
from 21.30
Increased by 2.97%
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
25.42B25.98B26.32B28.19B33.42B36.09B36.70B37.78B
Revenue Growth
8.83%2.18%1.32%7.09%18.57%7.96%1.70%2.93%
EPS
12.3110.2812.1112.497.5621.3021.9322.98
EPS Growth
-4.43%-16.49%17.80%3.14%-39.47%181.75%2.97%4.76%
Forward PE
-----13.5813.1912.59
No. Analysts
-----343427
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 38.1B 39.6B 43.8B
Avg 36.1B 36.7B 37.8B
Low 33.8B 34.1B 34.5B

Revenue Growth

Revenue Growth 202520262027
High
14.1%
9.7%
19.3%
Avg
8.0%
1.7%
2.9%
Low
1.3%
-5.6%
-5.9%

EPS Forecast

EPS 202520262027
High 22.88 24.58 25.81
Avg 21.30 21.93 22.98
Low 19.71 19.68 19.68

EPS Growth

EPS Growth 202520262027
High
202.6%
15.4%
17.7%
Avg
181.7%
3.0%
4.8%
Low
160.7%
-7.6%
-10.3%
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.