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NASDAQ: AMGN
Amgen Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for AMGN

Based on 11 analysts offering 12 month price targets for Amgen Inc.
Min Forecast
$182.00-28.25%
Avg Forecast
$254.36+0.28%
Max Forecast
$310.00+22.22%

Should I buy or sell AMGN stock?

Based on 11 analysts offering ratings for Amgen Inc.
Hold
Strong Buy
2 analysts 18.18%
Buy
1 analysts 9.09%
Hold
5 analysts 45.45%
Sell
1 analysts 9.09%
Strong Sell
2 analysts 18.18%

Be the first to know when Wall Street analysts revise their AMGN stock forecasts and price targets.

AMGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 27%
74
Strong BuyMaintains$293.00+15.51%2023-01-19
Barclays
Bottom 6%
6
Strong SellMaintains$240.00-5.38%2023-01-18
Wells Fargo
Top 12%
89
HoldMaintains$285.00+12.36%2023-01-03
SVB Leerink
Top 7%
94
HoldMaintains$282.00+11.18%2022-12-22
Oppenheimer
Top 4%
97
BuyMaintains$310.00+22.22%2022-12-06
Credit Suisse
Bottom 20%
20
SellInitiates Coverage On$240.00-5.38%2022-11-18
RBC Capital
Top 11%
90
HoldMaintains$240.00-5.38%2022-11-04
Morgan Stanley
Bottom 11%
11
Strong BuyMaintains$282.00+11.18%2022-11-04
Atlantic Equities
Top 27%
74
Strong SellMaintains$182.00-28.25%2022-08-09
RBC Capital
Bottom 21%
21
HoldMaintains$236.00-6.96%2022-08-05

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Forecast return on equity

Is AMGN forecast to generate an efficient return?
Company
N/A
Industry
7.08%
Market
12.46%

Forecast return on assets

Is AMGN forecast to generate an efficient return on assets?
Company
N/A
Industry
3.01%

AMGN earnings per share forecast

What is AMGN's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$19.12+52.72%
Avg 2 year Forecast
$20.98+67.57%
Avg 3 year Forecast
$20.94+67.25%
AMGN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

AMGN revenue forecast

What is AMGN's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$27.4B+4.03%
Avg 2 year Forecast
$28.9B+9.58%
Avg 3 year Forecast
$29.1B+10.55%
AMGN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AMGN earnings growth forecast

How is AMGN forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
19.62%
Industry
24.26%
Market
24.23%
AMGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AMGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AMGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AMGN revenue growth forecast

How is AMGN forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
3.76%
Industry
2.73%
Market
9.31%
AMGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AMGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AMGN vs General Drug Manufacturer Stocks

TickerPricePrice TargetUp/downsideConsensus
AMGN$253.65$254.36+0.28%Hold
SNY$48.49N/AN/AHold
BMY$72.45$80.00+10.42%Buy
GILD$83.73$85.14+1.69%Buy
NVS$89.49N/AN/AHold
View Top General Drug Manufacturer Stocks

Amgen Stock Forecast FAQ

Is Amgen Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: AMGN) stock is to Hold AMGN stock.

Out of 11 analysts, 2 (18.18%) are recommending AMGN as a Strong Buy, 1 (9.09%) are recommending AMGN as a Buy, 5 (45.45%) are recommending AMGN as a Hold, 1 (9.09%) are recommending AMGN as a Sell, and 2 (18.18%) are recommending AMGN as a Strong Sell.

If you're new to stock investing, here's how to buy Amgen stock.

What is AMGN's earnings growth forecast for 2023-2025?

(NASDAQ: AMGN) Amgen's forecast annual earnings growth rate of 19.62% is not forecast to beat the US Drug Manufacturers - General industry's average forecast earnings growth rate of 24.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 24.23%.

Amgen's earnings in 2023 is $6,835,000,000.On average, 13 Wall Street analysts forecast AMGN's earnings for 2023 to be $10,202,034,419, with the lowest AMGN earnings forecast at $9,551,067,787, and the highest AMGN earnings forecast at $11,066,432,732. On average, 10 Wall Street analysts forecast AMGN's earnings for 2024 to be $11,194,491,742, with the lowest AMGN earnings forecast at $10,068,639,617, and the highest AMGN earnings forecast at $14,358,616,433.

In 2025, AMGN is forecast to generate $11,173,148,574 in earnings, with the lowest earnings forecast at $10,372,779,765 and the highest earnings forecast at $12,352,358,619.

What is AMGN's revenue growth forecast for 2023-2025?

(NASDAQ: AMGN) Amgen's forecast annual revenue growth rate of 3.76% is forecast to beat the US Drug Manufacturers - General industry's average forecast revenue growth rate of 2.73%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Amgen's revenue in 2023 is $26,330,000,000.On average, 10 Wall Street analysts forecast AMGN's revenue for 2023 to be $14,615,921,132,494, with the lowest AMGN revenue forecast at $14,063,013,553,336, and the highest AMGN revenue forecast at $15,146,696,913,346. On average, 10 Wall Street analysts forecast AMGN's revenue for 2024 to be $15,394,936,635,249, with the lowest AMGN revenue forecast at $14,498,947,764,638, and the highest AMGN revenue forecast at $17,084,320,434,638.

In 2025, AMGN is forecast to generate $15,531,512,102,396 in revenue, with the lowest revenue forecast at $14,199,076,250,866 and the highest revenue forecast at $17,341,324,195,000.

What is AMGN's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: AMGN) forecast ROA is N/A, which is lower than the forecast US Drug Manufacturers - General industry average of 3.01%.

What is AMGN's Price Target?

According to 11 Wall Street analysts that have issued a 1 year AMGN price target, the average AMGN price target is $254.36, with the highest AMGN stock price forecast at $310.00 and the lowest AMGN stock price forecast at $182.00.

On average, Wall Street analysts predict that Amgen's share price could reach $254.36 by Jan 19, 2024. The average Amgen stock price prediction forecasts a potential upside of 0.28% from the current AMGN share price of $253.65.

What is AMGN's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: AMGN) Amgen's current Earnings Per Share (EPS) is $12.52. On average, analysts forecast that AMGN's EPS will be $19.12 for 2023, with the lowest EPS forecast at $17.90, and the highest EPS forecast at $20.74. On average, analysts forecast that AMGN's EPS will be $20.98 for 2024, with the lowest EPS forecast at $18.87, and the highest EPS forecast at $26.91. In 2025, AMGN's EPS is forecast to hit $20.94 (min: $19.44, max: $23.15).

What is AMGN's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: AMGN) forecast ROE is N/A, which is considered weak.
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