Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
358.33
+5.51 (1.56%)
At close: Jun 26, 2026, 4:00 PM EDT
357.67
-0.66 (-0.18%)
After-hours: Jun 26, 2026, 7:57 PM EDT

Amgen Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Amgen stock have an average target of 363.82, with a low estimate of 303 and a high estimate of 427. The average target predicts an increase of 1.53% from the current stock price of 358.33.

Analyst Consensus: Buy
Target Low Average Median High
Price $303 $363.82 $366 $427
Change -15.44% +1.53% +2.14% +19.16%

Analyst Ratings

The average analyst rating for Amgen stock from 35 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 109991010
Buy 444444
Hold 151718191818
Sell 111111
Strong Sell 222222
Total 323334353535

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho Securities
Mizuho Securities
Hold
Maintains
$295$303
Hold Maintains $295$303 -15.44% Jun 15, 2026
Piper Sandler
Piper Sandler
Buy
Reiterates
$427
Buy Reiterates $427 +19.16% Jun 12, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$332$340
Hold Maintains $332$340 -5.12% Jun 10, 2026
Bernstein
Bernstein
Hold
Maintains
n/a
Hold Maintains n/a n/a Jun 10, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$425$389
Buy Maintains $425$389 +8.56% Jun 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.78B
from 36.75B
Increased by 2.80%
Revenue Next Year
38.75B
from 37.78B
Increased by 2.56%
EPS This Year
22.39
from 21.84
Increased by 2.51%
EPS Next Year
23.48
from 22.39
Increased by 4.86%
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
25.98B26.32B28.19B33.42B36.75B37.78B38.75B
Revenue Growth
2.18%1.32%7.09%18.57%9.95%2.80%2.56%
EPS
10.2812.1112.497.5614.2315.3816.91
EPS Growth
-16.49%17.80%3.14%-39.47%88.23%8.08%9.92%
Forward PE
-----23.3021.20
No. Analysts -----3232
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 38.5B 42.1B
Avg 37.8B 38.7B
Low 37.1B 36.9B

Revenue Growth

Revenue Growth 202620272028
High
4.6%
11.5%
Avg
2.8%
2.6%
Low
0.9%
-2.3%

EPS Forecast

EPS 202620272028
High 23.01 24.88
Avg 22.39 23.48
Low 21.70 21.43

EPS Growth

EPS Growth 202620272028
High
5.4%
11.1%
Avg
2.5%
4.9%
Low
-0.6%
-4.3%
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.