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

Analyst price target for AMGN

Based on 15 analysts offering 12 month price targets for Amgen Inc

Min Forecast
$272.00-25.73%
Avg Forecast
$353.40-3.5%
Max Forecast
$432.00+17.97%

Should I buy or sell AMGN stock?

Based on 15 analysts offering ratings for Amgen Inc.

Buy
Strong Buy
3 analysts 20%
Buy
2 analysts 13.33%
Hold
9 analysts 60%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%
Although AMGN's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates AMGN as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

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AMGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-03-10
lockedlocked$00.00+00.00%2026-02-20
lockedlocked$00.00+00.00%2026-02-19
lockedlocked$00.00+00.00%2026-02-18
lockedlocked$00.00+00.00%2026-02-06
Guggenheim
Top 3%
98
HoldMaintains$347.00-5.25%2026-02-06
Citigroup
Top 13%
88
HoldMaintains$345.00-5.79%2026-02-04
Morgan Stanley
Top 6%
95
HoldMaintains$309.00-15.62%2026-02-04
Cantor Fitzgerald
Top 11%
90
HoldMaintains$350.00-4.43%2026-02-04
Leerink Partners
Top 8%
93
BuyMaintains$355.00-3.06%2026-02-04

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Forecast return on equity

Is AMGN forecast to generate an efficient return?

Company
160.28%
Industry
-47.16%
Market
181.06%
AMGN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AMGN forecast to generate an efficient return on assets?

Company
15.32%
Industry
27.79%
AMGN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AMGN earnings per share forecast

What is AMGN's earnings per share in the next 3 years based on estimates from 37 analysts?

Avg 1 year Forecast
$22.82+59.28%
Avg 2 year Forecast
$23.73+65.57%
Avg 3 year Forecast
$24.62+71.81%
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 36 analysts?

Avg 1 year Forecast
$38.6B+4.98%
Avg 2 year Forecast
$39.5B+7.59%
Avg 3 year Forecast
$40.3B+9.78%
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
19.77%
Industry
30.68%
Market
36.33%
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
3.19%
Industry
9.3%
Market
13.46%
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$366.21$353.40-3.50%Buy
GILD$144.99$153.79+6.07%Strong Buy
PFE$26.58$28.30+6.47%Hold
BMY$59.08$62.00+4.94%Buy
MRK$115.61$124.29+7.50%Buy

Amgen Stock Forecast FAQ

Is Amgen Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: AMGN) stock is to Buy AMGN stock.

Out of 15 analysts, 3 (20%) are recommending AMGN as a Strong Buy, 2 (13.33%) are recommending AMGN as a Buy, 9 (60%) are recommending AMGN as a Hold, 1 (6.67%) are recommending AMGN as a Sell, and 0 (0%) 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 2026-2028?

(NASDAQ: AMGN) Amgen's forecast annual earnings growth rate of 19.77% is not forecast to beat the US Drug Manufacturers - General industry's average forecast earnings growth rate of 30.68%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 36.33%.

Amgen's earnings in 2026 is $7,711,000,000.On average, 37 Wall Street analysts forecast AMGN's earnings for 2026 to be $12,303,788,428, with the lowest AMGN earnings forecast at $11,410,984,544, and the highest AMGN earnings forecast at $13,227,912,143. On average, 33 Wall Street analysts forecast AMGN's earnings for 2027 to be $12,789,650,123, with the lowest AMGN earnings forecast at $10,988,355,487, and the highest AMGN earnings forecast at $14,150,526,469.

In 2028, AMGN is forecast to generate $13,271,846,159 in earnings, with the lowest earnings forecast at $10,512,897,798 and the highest earnings forecast at $15,735,385,433.

What is AMGN's revenue growth forecast for 2026-2028?

(NASDAQ: AMGN) Amgen's forecast annual revenue growth rate of 3.19% is not forecast to beat the US Drug Manufacturers - General industry's average forecast revenue growth rate of 9.3%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.46%.

Amgen's revenue in 2026 is $36,751,000,000.On average, 36 Wall Street analysts forecast AMGN's revenue for 2026 to be $20,798,309,036,850, with the lowest AMGN revenue forecast at $19,728,259,701,975, and the highest AMGN revenue forecast at $21,899,085,229,200. On average, 33 Wall Street analysts forecast AMGN's revenue for 2027 to be $21,315,274,937,175, with the lowest AMGN revenue forecast at $19,568,695,670,175, and the highest AMGN revenue forecast at $24,178,802,426,775.

In 2028, AMGN is forecast to generate $21,749,763,483,225 in revenue, with the lowest revenue forecast at $19,300,779,035,700 and the highest revenue forecast at $23,791,212,768,450.

What is AMGN's forecast return on assets (ROA) for 2026-2029?

(NASDAQ: AMGN) forecast ROA is 15.32%, which is lower than the forecast US Drug Manufacturers - General industry average of 27.79%.

What is AMGN's Price Target?

According to 15 Wall Street analysts that have issued a 1 year AMGN price target, the average AMGN price target is $353.40, with the highest AMGN stock price forecast at $432.00 and the lowest AMGN stock price forecast at $272.00.

On average, Wall Street analysts predict that Amgen's share price could fall to $353.40 by Mar 10, 2027. The average Amgen stock price prediction forecasts a potential downside of 3.5% from the current AMGN share price of $366.21.

What is AMGN's Earnings Per Share (EPS) forecast for 2026-2028?

(NASDAQ: AMGN) Amgen's current Earnings Per Share (EPS) is $14.33. On average, analysts forecast that AMGN's EPS will be $22.82 for 2026, with the lowest EPS forecast at $21.17, and the highest EPS forecast at $24.54. On average, analysts forecast that AMGN's EPS will be $23.73 for 2027, with the lowest EPS forecast at $20.38, and the highest EPS forecast at $26.25. In 2028, AMGN's EPS is forecast to hit $24.62 (min: $19.50, max: $29.19).

What is AMGN's forecast return on equity (ROE) for 2026-2029?

(NASDAQ: AMGN) forecast ROE is 160.28%, which is considered strong.
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