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Amgen (AMGN): analyst forecast and price target

$432 −0.35% close 16.10.26 · market cap $235B · Healthcare · Drug Manufacturers - General QQQ 1.00%SPY 0.35%
Price targets and ratings of

Analyst consensus

Moderate Buy

6 Buy9 Hold0 Sell

Ratings of 15 analysts in the last 3 months · top analysts only

12-month forecast

$418−3.3% downside

Based on 15 price targets given in the last 3 months, the average target is $418, the highest $500, the lowest $345. The average is −3.3% from the last price of $432.

$300$400$500Jan 26AprJulOctJan 27AprJulOctHigh$500Average$418Low$345
Highest target $500 Average target $418 Lowest target $345
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Mohit Bansal★★★★★★★★★★#754 · hits 60% · avg +10.9% Wells Fargo $430 Hold −0.6% Reiterated 15.10.26on TipRanks Oct 16 05:15 +1.6%next day +0.8%
Vamil Divan★★★★★★★★★★#458 · hits 59% · avg +13.5% Guggenheim $388 → $378−2.6% Hold −12.6% Reiterated 12.10.26on TipRanks Oct 13 07:10 +0.7%next day −1.1%
Evan Seigerman★★★★★★★★★★#856 · hits 59% · avg +9.3% BMO Capital $450 → $415−7.8% Hold −4.0% Reiterated 12.10.26on TipRanks 08:50 +0.7%next day −1.1%
Geoff Meacham★★★★★★★★★★#407 · hits 60% · avg +15.3% Citi $405 Hold −6.4% Reiterated 12.10.26on TipRanks 07:35 +0.7%next day −1.1%
Tazeen Ahmad★★★★★★★★★★#1537 · hits 60% · avg +5.8% Bank of America Securities $317 → $328+3.5% Sell −24.2% Reiterated 12.10.26on TipRanks 06:50 +0.7%next day −1.1%
Michael Yee★★★★★★★★★★#3077 · hits 49% · avg +3.8% UBS $430 → $470+9.3% Buy +8.7% Assigned 09.10.26on TipRanks 08:40 +1.2%next day +0.7% · 5 days +6.2%
Luca Issi★★★★★★★★★★#11187 · hits 39% · avg −2.1% RBC Capital $400 → $430+7.5% Buy −0.6% Reiterated 08.10.26on TipRanks 08:55 −0.9%next day +1.2% · 5 days +6.8%
Carter Gould★★★★★★★★★★#2194 · hits 53% · avg +6.3% Cantor Fitzgerald $400 → $440+10.0% Hold +1.7% Assigned 08.10.26on TipRanks 07:10 −0.9%next day +1.2% · 5 days +6.8%
Gregory Renza★★★★★★★★★★#373 · hits 55% · avg +18.8% Truist Financial $362 → $380+5.0% Hold −12.1% Reiterated 07.10.26on TipRanks 09:05 +2.8%next day −0.9% · 5 days +4.1%
Terence Flynn★★★★★★★★★★#815 · hits 60% · avg +10.8% Morgan Stanley $359 Hold −17.0% Reiterated 07.10.26on TipRanks 08:15 +2.8%next day −0.9% · 5 days +4.1%
David Amsellem★★★★★★★★★★#347 · hits 62% · avg +15.7% Piper Sandler $457 Buy +5.7% Reiterated 05.10.26on TipRanks 07:56 −0.7%next day −0.6% · 5 days +3.2%
Louise Chen★★★★★★★★★★#1899 · hits 52% · avg +5.9% Scotiabank $450 → $500+11.1% Buy +15.6% Reiterated 29.09.26on TipRanks Sep 28 13:10 +1.6%next day +1.5% · 5 days −4.8%
Christopher Raymond★★★★★★★★★★#4074 · hits 45% · avg +2.6% Raymond James — Hold — Reiterated 24.09.26on TipRanks Sep 25 04:10 +0.1%next day +1.6% · 5 days +0.7%
Unknown Analyst Leerink Partners — Hold — Reiterated 23.09.26on TipRanks Sep 25 04:10 −0.3%next day +0.1% · 5 days +4.5%
Unknown Analyst Jefferies $367 → $410+11.7% Hold −5.2% Reiterated 23.09.26on TipRanks Sep 25 04:10 −0.3%next day +0.1% · 5 days +4.5%
Gary Nachman★★★★★★★★★★#7384 · hits 47% · avg +0.3% Canaccord Genuity $384 Hold −11.2% Reiterated 23.09.26on TipRanks 07:15 −0.3%next day +0.1% · 5 days +4.5%
Salveen Richter★★★★★★★★★★#967 · hits 51% · avg +12.5% Goldman Sachs $450 Buy +4.0% Reiterated 22.09.26on TipRanks Sep 23 08:55 +4.4%next day −0.3% · 5 days +4.5%
Yaron Werber★★★★★★★★★★#117 · hits 59% · avg +28.0% TD Cowen $452 Buy +4.5% Reiterated 22.09.26on TipRanks 14:30 +4.4%next day −0.3% · 5 days +4.5%
Matt Phipps★★★★★★★★★★#2652 · hits 48% · avg +4.8% William Blair — Buy — Reiterated 22.09.26on TipRanks 11:16 +4.4%next day −0.3% · 5 days +4.5%
Emily Field★★★★★★★★★★#5009 · hits 45% · avg +1.9% Barclays $380 Hold −12.1% Reiterated 17.09.26on TipRanks 04:35 −0.2%next day +1.4% · 5 days +6.1%
Morten Herholdt★★★★★★★★★★#4305 · hits 69% · avg +8.7% HSBC $445 → $425−4.5% Hold −1.7% Downgrade 09.09.26on TipRanks 20:25 −1.6%next day −2.2% · 5 days −1.3%
Jasper Hellweg★★★★★★★★★★#2291 · hits 57% · avg +7.4% Argus Research $460 Buy +6.4% Assigned 18.08.26on TipRanks Aug 19 08:50 +2.1%next day +3.8% · 5 days +4.8%
Salim Syed★★★★★★★★★★#7609 · hits 44% · avg +0.2% Mizuho Securities $303 → $352+16.2% Hold −18.6% Reiterated 17.08.26on TipRanks 12:30 +1.5%next day +2.1% · 5 days +7.6%
Chris Schott★★★★★★★★★★#1915 · hits 58% · avg +5.7% J.P. Morgan $350 Hold −19.1% Reiterated 06.08.26on TipRanks Aug 7 08:10 −0.6%next day +0.9% · 5 days +2.0%
Courtney Breen★★★★★★★★★★#1339 · hits 85% · avg +18.9% Bernstein $335 → $345+3.0% Hold −20.2% Reiterated 05.08.26on TipRanks Aug 6 07:50 +4.8%next day −0.6% · 5 days +1.7%
Jay Olson★★★★★★★★★★#301 · hits 48% · avg +24.9% Oppenheimer $400 → $450+12.5% Buy +4.0% Reiterated 05.08.26on TipRanks 07:55 +4.8%next day −0.6% · 5 days +1.7%
Brian Skorney★★★★★★★★★★#12116 · hits 37% · avg −5.6% Robert W. Baird $215 → $230+7.0% Sell −46.8% Reiterated 05.08.26on TipRanks 07:35 +4.8%next day −0.6% · 5 days +1.7%
Ilya Zubkov★★★★★★★★★★#5009 · hits 59% · avg +9.5% Freedom Capital Markets $375 Buy −13.3% Upgrade 07.05.26on TipRanks 08:40 −0.3%next day 0.0% · 5 days −0.1%
Hans Engel★★★★★★★★★★#1835 · hits 58% · avg +11.1% Erste Group — Hold — Downgrade 05.05.26on TipRanks 06:25 +1.0%next day −0.9% · 5 days 0.0%
Umer Raffat★★★★★★★★★★#2336 · hits 50% · avg +9.4% Evercore ISI — Buy — Reiterated 01.05.26on TipRanks 10:45 −5.0%next day −1.4% · 5 days −1.8%
Nico Chen★★★★★★★★★★#2913 · hits 59% · avg +9.8% DBS $400 Buy −7.5% Reiterated 22.01.26on TipRanks 04:35 +0.5%next day −0.7% · 5 days −1.9%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Amgen

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%
1 year David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%
2 years David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%

Most profitable

3 months David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%
1 year David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%
2 years David Amsellem★★★★★★★★★★Piper Sandler · #347
Hits 62%309 of 499 Average return +15.7%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $401 at a price of $422 (−4.8%); now: $403 at $432 (−6.7%).

$380$400$420$440Sep 15Oct 1Oct 15Top analysts$418Average target$403Price$432

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

0204022162Oct 2521132Nov24131Dec23151Jan 262216Feb1917Mar1719Apr1819May1818Jun1315Jul1620Aug2329Sep2332Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy181813162323
Hold191815202932
Sell000000

Earnings and sales forecast

Next report: 03.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $5.77 (from $5.47 to $6.07). Last quarter: $6.29.

Sales

Next quarter’s sales estimate — $10.1B (from $9.8B to $10.3B). Last quarter: $10.1B.

Best top-analyst consensus in the sector · Healthcare

AXGNAxoGen
MDWDMediwound
OCULOcular Therapeutix
OVIDOvid Therapeutics
ZYMEZymeworks
About Amgen
  • CEO: Robert A. Bradway
  • Employees: 31,500
  • One Amgen Center Drive, Thousand Oaks, CA, 91320-1799, US
  • www.amgen.com

Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a global biotechnology leader focused on discovering, developing, manufacturing, and delivering groundbreaking human medicines. The company's scientific endeavors span several critical therapeutic categories, including inflammatory conditions, oncology and hematology, bone health, cardiovascular diseases, nephrology, and neuroscience. Its extensive portfolio features a range of significant pharmaceutical products. Notable examples include Enbrel, prescribed for conditions like plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, which helps cancer patients by reducing the risk of infection linked to a low white blood cell count; Prolia, utilized in postmenopausal women to combat osteoporosis; and Xgeva, designed to prevent skeletal-related complications. Otezla offers relief for adult patients suffering from plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease. Aranesp addresses anemia and low red blood cell counts, while KYPROLIS is employed to treat patients with relapsed or refractory multiple myeloma. Furthermore, Repatha plays a vital role in lowering the incidence of major cardiovascular events such as myocardial infarction, stroke, and coronary revascularization. Amgen's comprehensive product lineup also encompasses Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. The company distributes its therapies worldwide, primarily serving healthcare providers, including physicians and their clinics, dialysis centers, hospitals, and pharmacies. Distribution is facilitated through pharmaceutical wholesale distributors, complemented by direct-to-consumer channels. Amgen actively engages in strategic collaborations. It has partnered with entities such as Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Comp

Data from the stock’s TipRanks forecast page, read 3 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗