Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
388.16
+8.83 (2.33%)
At close: Feb 27, 2026, 4:00 PM EST
388.00
-0.16 (-0.04%)
After-hours: Feb 27, 2026, 7:47 PM EST

Amgen Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Amgen stock have an average target of 345.12, with a low estimate of 272 and a high estimate of 432. The average target predicts a decrease of -11.09% from the current stock price of 388.16.

Analyst Consensus: Hold
Target Low Average Median High
Price $272 $345.12 $347 $432
Change -29.93% -11.09% -10.60% +11.29%

Analyst Ratings

The average analyst rating for Amgen stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 220012
Buy 554333
Hold 101010111112
Sell 111111
Strong Sell 000000
Total 181815151618

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Initiates
$350
Hold Initiates $350 -9.83% Feb 20, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$325$375
Hold Maintains $325$375 -3.39% Feb 19, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$381$432
Buy Maintains $381$432 +11.29% Feb 18, 2026
Argus Research
Argus Research
Strong Buy
Maintains
$360$400
Strong Buy Maintains $360$400 +3.05% Feb 6, 2026
Guggenheim
Guggenheim
Hold
Maintains
$305$347
Hold Maintains $305$347 -10.60% Feb 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
38.55B
from 36.75B
Increased by 4.88%
Revenue Next Year
39.54B
from 38.55B
Increased by 2.58%
EPS This Year
22.53
from 14.23
Increased by 58.35%
EPS Next Year
23.34
from 22.53
Increased by 3.57%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
25.98B26.32B28.19B33.42B36.75B38.55B39.54B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%4.88%2.58%
EPS
10.2812.1112.497.5614.2322.5323.34
EPS Growth
-16.49%17.80%3.14%-39.47%88.23%58.35%3.57%
Forward PE
-----17.2316.63
No. Analysts -----3527
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 40.6B 44.9B
Avg 38.5B 39.5B
Low 35.9B 36.3B

Revenue Growth

Revenue Growth 20262027202820292030
High
10.5%
16.4%
Avg
4.9%
2.6%
Low
-2.4%
-5.8%

EPS Forecast

EPS 20262027202820292030
High 25.71 25.75
Avg 22.53 23.34
Low 19.92 19.66

EPS Growth

EPS Growth 20262027202820292030
High
80.7%
14.3%
Avg
58.3%
3.6%
Low
40.0%
-12.8%
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.