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Amgen (AMGN) Stock Forecast, Price Target & Predictions

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AMGN Stock Forecast

Amgen (AMGN) stock forecast, based on 39 Wall Street analysts, predicts a 12-month average price target of $374.11, with a high of $450.00 and a low of $230.00. This represents a -8.96% decline from the last price of $410.95.

$200 $250 $300 $350 $400 $450 High: $450 Avg: $374.11 Low: $230 Last Closed Price: $410.95

AMGN Stock Rating

Amgen stock's rating consensus is Buy, based on 39 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 23 Buy (58.97%), 13 Hold (33.33%), 3 Sell (7.69%), and 0 Strong Sell (0.00%).

Buy
Total 39 3 13 23 0 Strong Sell Sell Hold Buy Strong Buy

AMGN Price Target Upside V Benchmarks

TypeNameUpside
StockAmgen-8.96%
SectorHealthcare Stocks 15.45%
IndustryDrug Manufacturers - General Stocks9.20%

Price Target Trends

1M3M12M
# Anlaysts111744
Avg Price Target$383.64$377.18$358.52
Last Closing Price$410.95$410.95$410.95
Upside/Downside-6.65%-8.22%-12.76%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Aug, 26410172134
Jul, 26410172134
Jun, 26410182135
May, 2649192135
Apr, 2649182134
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 10, 2026Vamil DivanGuggenheim$388.00$410.95-5.58%-5.58%
Aug 06, 2026Bernstein$345.00$407.83-15.41%-16.05%
Aug 05, 2026Louise ChenScotiabank$450.00$406.2510.77%9.50%
Aug 05, 2026Oppenheimer$450.00$390.0215.38%9.50%
Aug 05, 2026RBC Capital$400.00$390.022.56%-2.66%
Aug 05, 2026Brian SkorneyRobert W. Baird$230.00$390.02-41.03%-44.03%
Aug 05, 2026Gary NachmanCanaccord Genuity$384.00$390.02-1.54%-6.56%
Aug 05, 2026Evan SeigermanBMO Capital$450.00$390.0215.38%9.50%
Jul 29, 2026Emily FieldBarclays$360.00$393.10-8.42%-12.40%
Jul 13, 2026UBS$420.00$358.6817.10%2.20%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 10, 2026GuggenheimNeutralNeutralhold
Aug 07, 2026CitigroupNeutralNeutralhold
Aug 06, 2026BernsteinMarket PerformMarket Performhold
Aug 05, 2026ScotiabankOutperformOutperformhold
Aug 05, 2026OppenheimerOutperformOutperformhold
Aug 05, 2026RBC CapitalOutperformOutperformhold
Aug 05, 2026BMO CapitalOutperformOutperformhold
Jul 13, 2026UBSBuyBuyhold
Jul 13, 2026GuggenheimNeutralNeutralhold
Jul 01, 2026BMO CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

$5 $11 $17 $23 $29 $35 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$10.34$12.18$12.56$7.62$14.33---
Avg Forecast$16.82$17.68$18.56$19.59$21.01$21.45$22.22$22.74
High Forecast$17.52$18.41$18.98$19.86$22.39$30.68$31.07$23.91
Low Forecast$16.19$16.80$18.23$19.25$19.62$10.68$16.86$21.04
Surprise %-38.53%-31.11%-32.33%-61.10%-31.79%---

Revenue Forecast

$25B $28B $31B $34B $37B $40B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$25.98B$26.32B$28.19B$33.42B$36.75B---
Avg Forecast$26.00B$26.17B$28.12B$33.20B$34.61B$35.07B$35.60B$36.33B
High Forecast$26.84B$27.00B$28.29B$33.48B$35.96B$35.08B$35.66B$37.75B
Low Forecast$25.25B$25.17B$27.97B$32.91B$32.45B$35.06B$35.55B$34.23B
Surprise %-0.09%0.58%0.26%0.68%6.18%---

Net Income Forecast

$0 $4B $8B $12B $16B $20B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.89B$6.55B$6.72B$4.09B$7.71B---
Avg Forecast$5.71B$6.49B$6.72B$10.52B$11.30B$7.13B$12.89B$12.24B
High Forecast$6.85B$7.79B$8.06B$10.68B$12.05B$16.50B$16.71B$12.86B
Low Forecast$4.56B$5.19B$5.37B$10.36B$10.56B$5.74B$9.07B$11.32B
Surprise %3.29%0.90%--61.12%-31.77%---

AMGN Forecast FAQ

Is Amgen stock a buy?

Amgen stock has a consensus rating of Buy, based on 39 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 23 Buy, 13 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Amgen is a favorable investment for most analysts.

What is Amgen's price target?

Amgen's price target, set by 39 Wall Street analysts, averages $374.11 over the next 12 months. The price target range spans from $230 at the low end to $450 at the high end, suggesting a potential -8.96% change from the previous closing price of $410.95.

How does Amgen stock forecast compare to its benchmarks?

Amgen's stock forecast shows a -8.96% downside, underperforming the average forecast for the healthcare stocks sector (15.45%) and underperforming the drug manufacturers - general stocks industry (9.20%).

What is the breakdown of analyst ratings for Amgen over the past three months?

  • August 2026: 11.76% Strong Buy, 29.41% Buy, 50.00% Hold, 5.88% Sell, 2.94% Strong Sell.
  • July 2026: 11.76% Strong Buy, 29.41% Buy, 50.00% Hold, 5.88% Sell, 2.94% Strong Sell.
  • June 2026: 11.43% Strong Buy, 28.57% Buy, 51.43% Hold, 5.71% Sell, 2.86% Strong Sell.

What is Amgen’s EPS forecast?

Amgen's average annual EPS forecast for its fiscal year ending in December 2026 is $21.45, marking a 49.69% increase from the reported $14.33 in 2025. Estimates for the following years are $22.22 in 2027, and $22.74 in 2028.

What is Amgen’s revenue forecast?

Amgen's average annual revenue forecast for its fiscal year ending in December 2026 is $35.07B, reflecting a -4.57% decrease from the reported $36.75B in 2025. The forecast for 2027 is $35.6B, and $36.33B for 2028.

What is Amgen’s net income forecast?

Amgen's net income forecast for the fiscal year ending in December 2026 stands at $7.13B, representing a -7.56% decrease from the reported $7.71B in 2025. Projections indicate $12.89B in 2027, and $12.24B in 2028.