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AMGN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
345.000
Open
344.380
VWAP
338.88
Vol
8.15M
Mkt Cap
182.21B
Low
334.050
Amount
2.76B
EV/EBITDA(TTM)
13.42
Total Shares
539.71M
EV
229.68B
EV/OCF(TTM)
21.35
P/S(TTM)
4.98
Amgen Inc. is a biotechnology company. It discovers, develops, manufactures and delivers medicines for the toughest diseases. It focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve people’s lives. It operates in the human therapeutics segment. Its marketed products portfolio includes EPOGEN (epoetin alfa); Aranesp (darbepoetin alfa); Parsabiv (etelcalcetide); Neulasta (pegfilgrastim); KANJINTI (trastuzumab-anns); Otezla; BLINCYTO (blinatumomab); ACTIMMUNE (interferon gamma-1b); Neulasta (pegfilgrastim); Sensipar/Mimpara (cinacalcet); Prolia (denosumab); ENBREL; QUINSAIR (levofloxacin); Repatha (evolocumab) and others. It markets ENBREL, a tumor necrosis factor blocker, in the United States and Canada. It markets Otezla, a small molecule that inhibits phosphodiesterase 4, in many countries around the world. It markets Repatha, a proprotein convertase subtilisin/kexin type 9 (PCSK9) inhibitor, in many countries around the world.
Show More

Events Timeline

(ET)
2026-06-01
16:20:00
Amgen Receives EU Approval for Imdylltra in Small Cell Lung Cancer
select
2026-05-19 (ET)
2026-05-19
16:10:00
Amgen CFO Peter Griffith Retires, Thomas Dittrich to Succeed
select

News

CNBC
4.5
06-17CNBC
Market Momentum Broadens Beyond AI
  • Market Performance Surge: As of Tuesday, the equal-weighted S&P 500 has risen 10.4% this year, compared to a 9.7% increase in the market cap-weighted version, indicating that the equal-weight index is on track to outperform the traditional S&P 500 for the first time since 2022, reflecting broad market interest in emerging technologies.
  • Geopolitical Influence: Citigroup strategist Scott Chronert pointed out that easing tensions between the U.S. and Iran are driving broader market gains, with market optimism significantly boosted by the positive sentiment surrounding current Iran negotiations.
  • Healthcare Sector Opportunities: Despite the S&P 500 healthcare sector declining over 1% this year, UBS's Gerry Fowler believes the sector's appeal is increasing, particularly in the U.S., where themes reflecting accelerating growth are becoming as attractive as long-standing AI capex beneficiaries.
  • Software Sector Recovery: Although the iShares Expanded Tech-Software Sector ETF is down 13% year-to-date, it has gained over 14% in the second quarter, indicating improved earnings revisions in the software sector that could provide additional growth momentum.
CNBC
8.5
06-16CNBC
SpaceX Stock Soars, Tesla Deliveries Exceed Expectations
  • SpaceX Stock Surge: Following a nearly 20% gain on its first trading day, SpaceX's stock rose another 4.5% in premarket trading, driven by CEO Elon Musk's projection of $1 trillion in revenue by 2030, potentially pushing its market cap above Amazon's.
  • Tesla Deliveries Exceed Expectations: Goldman Sachs reports that Tesla's second-quarter vehicle deliveries are tracking ahead of consensus, with speculation that Musk aims to merge Tesla and SpaceX to leverage synergies between the Optimus robot and Starlink internet service, enhancing competitive positioning.
  • Dave & Buster's Sales Decline: Dave & Buster's comparable store sales fell 5.4% in the quarter ending May 5, significantly worse than the -1.2% consensus, resulting in a nearly 15% drop in premarket trading, prompting analysts to adopt a cautious outlook on its future performance.
  • Yum Brands Sells Pizza Hut: Yum Brands has sold Pizza Hut to private equity firm LongRange Capital for $2.7 billion, a strategic move to exit the underperforming pizza business and focus on higher-growth brands like KFC and Taco Bell, reflecting a decisive shift in corporate strategy.
Yahoo Finance
9.5
06-14Yahoo Finance
Amgen Rated Among High Yield Fortune 500 Stocks
  • Dividend Yield: Amgen Inc. (NASDAQ:AMGN) boasts an annual dividend yield of 2.85%, placing it among the 12 High Yield Fortune 500 Stocks, indicating its stable cash flow and attractiveness for income-seeking investors.
  • Price Target Increase: Morgan Stanley analyst Terence Flynn raised Amgen's price target from $322 to $340 while maintaining an 'Equal Weight' rating, suggesting a cautious outlook as the new target still indicates over 4% downside risk from current levels.
  • Uplizna Approval: Amgen's Uplizna received FDA approval last year as the first treatment for Immunoglobulin G4-related disease (IgG4-RD), with additional approval for generalized myasthenia gravis (gMG) expected in February 2026, potentially opening new revenue streams for the company.
  • Market Potential: Morgan Stanley noted a strong start for Uplizna in the gMG market, projecting that the market could double to over $10 billion in the next five years, highlighting Amgen's growth potential and competitive position in the biopharmaceutical sector.
CNBC
5.0
06-13CNBC
Future Outlook for Obesity Drugs Market
  • Intensifying Market Competition: At the conference in New Orleans, Eli Lilly and Novo Nordisk showcased their GLP-1 drugs, with Novo's Wegovy prescriptions exceeding 3 million within five months of launch, indicating that oral medications are attracting more consumers and could reshape the weight loss drug market.
  • New Drug Development Updates: Structure Therapeutics and AstraZeneca shared mid-stage data, and if their GLP-1 drugs succeed in Phase 3 trials, they are expected to hit the market by 2029, further enriching market options and intensifying competition.
  • Innovative Administration Methods: Pfizer's new drug shows potential for monthly administration, which could be more convenient than current weekly injections, while Amgen is testing a drug that could be administered monthly or quarterly, aiming to enhance patient adherence to treatment.
  • Future Market Outlook: With approximately 2.5 billion people globally classified as overweight and 890 million as obese, the competition will intensify as new drugs continue to emerge, while Lilly and Novo are also working to improve insurance coverage for GLP-1 drugs, which is expected to attract more patients.
Newsfilter
8.5
06-13Newsfilter
Future Outlook for Obesity Medications
  • Intensifying Market Competition: At the American Diabetes Association Scientific Sessions, Eli Lilly and Novo Nordisk showcased their new GLP-1 drugs, with Novo Nordisk's Wegovy pill achieving over 3 million prescriptions within five months of launch, indicating the potential of oral medications to attract more patients to weight-loss treatments.
  • New Drug Development Updates: Structure Therapeutics and AstraZeneca shared mid-stage data on their respective GLP-1 pills, which, if successful in Phase 3 trials, are expected to hit the market by 2029, further enriching the options available to meet the growing demand for obesity treatments.
  • Innovative Treatment Frequency: Pfizer's drug, acquired through its $10 billion purchase of Metsera, shows potential for monthly injections, while Amgen is testing a drug that could be administered quarterly, significantly improving patient adherence and reducing the burden of weekly injections.
  • Exploration of Emerging Therapies: Zealand Pharma's petrelintide drug demonstrated an average weight loss of nearly 11% in mid-stage trials, which, while less effective than existing medications, had fewer side effects, leading the CEO to believe that this could spark strong demand for new therapies and potentially reshape the obesity treatment market.
Fool
9.5
06-12Fool
AbbVie Showcases New Data in Blood Cancer Portfolio
  • Dividend Appeal: AbbVie's dividend yield exceeds 3%, significantly higher than the sub-2% yields of blue-chip healthcare stocks like Eli Lilly, Johnson & Johnson, and Amgen, indicating strong cash flow support that helps attract investors and bolster market confidence.
  • EHA Conference Presentation: At the European Hematology Association Congress, AbbVie showcased 21 clinical data presentations on various blood cancers, enhancing its reputation in the treatment space and potentially facilitating future regulatory approvals and partnerships, thereby driving revenue growth.
  • Diversified Revenue Streams: In 2025, AbbVie's oncology portfolio generated approximately $6.7 billion in revenue, helping to reduce reliance on Humira and enhancing overall business resilience, ensuring sustained cash flow to support dividend payments.
  • Ongoing R&D Investment: AbbVie is actively investing in expanding existing therapies and developing next-generation treatments, aiming to create new revenue sources through successful clinical trials, ensuring that oncology continues to be a growth driver and further solidifying its dividend-paying capacity.
Wall Street analysts forecast AMGN stock price to rise
24 Analyst Rating
Wall Street analysts forecast AMGN stock price to rise
14 Buy
9 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
280.00
Averages
363.10
High
425.00
Current: 0.000
sliders
Low
280.00
Averages
363.10
High
425.00
Mizuho
Salim Syed
Neutral
maintain
$295 -> $303
AI Analysis
2026-06-16
New
Reason
Mizuho
Salim Syed
Price Target
$295 -> $303
AI Analysis
2026-06-16
New
maintain
Neutral
Reason
Mizuho analyst Salim Syed raised the firm's price target on Amgen to $303 from $295 and keeps a Neutral rating on the shares. The firm updated the company's model post the Q1 report.
Goldman Sachs
Buy
maintain
$425 -> $389
2026-06-05
Reason
Goldman Sachs
Price Target
$425 -> $389
2026-06-05
maintain
Buy
Reason
Goldman Sachs lowered the firm's price target on Amgen to $389 from $425 and keeps a Buy rating on the shares. The firm is adjusting its model as the company has disclosed on its Q1 earnings that the IRS audit for 2016 to 2018 has now escalated into a formal dispute, with Amgen also receiving a notice of proposed adjustment indicating that the IRS is seeking adjustments consistent with prior cases, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for AMGN
Unlock Now

Valuation Metrics

The current forward P/E ratio for Amgen Inc (AMGN.O) is 15.63, compared to its 5-year average forward P/E of 14.15. For a more detailed relative valuation and DCF analysis to assess Amgen Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
14.15
Current PE
15.63
Overvalued PE
15.36
Undervalued PE
12.95

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.42
Current EV/EBITDA
12.95
Overvalued EV/EBITDA
11.59
Undervalued EV/EBITDA
9.24

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.72
Current PS
4.84
Overvalued PS
5.07
Undervalued PS
4.36

Financials

AI Analysis
Annual
Quarterly

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Whales Holding AMGN

D
Dakota Wealth, LLC
Holding
AMGN
+39.73%
3M Return
P
PRIMECAP Management Company
Holding
AMGN
+37.24%
3M Return
G
Generali Powszechne Towarzystwo Emerytalne S A
Holding
AMGN
+33.44%
3M Return
P
ProFund Advisors LLC
Holding
AMGN
+30.15%
3M Return
S
SteelPeak Wealth, LLC
Holding
AMGN
+29.02%
3M Return
S
Security Investors, LLC
Holding
AMGN
+23.15%
3M Return

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Frequently Asked Questions

What is Amgen Inc (AMGN) stock price today?

The current price of AMGN is 337.6 USD — it has decreased -1.19

What is Amgen Inc (AMGN)'s business?

Amgen Inc. is a biotechnology company. It discovers, develops, manufactures and delivers medicines for the toughest diseases. It focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve people’s lives. It operates in the human therapeutics segment. Its marketed products portfolio includes EPOGEN (epoetin alfa); Aranesp (darbepoetin alfa); Parsabiv (etelcalcetide); Neulasta (pegfilgrastim); KANJINTI (trastuzumab-anns); Otezla; BLINCYTO (blinatumomab); ACTIMMUNE (interferon gamma-1b); Neulasta (pegfilgrastim); Sensipar/Mimpara (cinacalcet); Prolia (denosumab); ENBREL; QUINSAIR (levofloxacin); Repatha (evolocumab) and others. It markets ENBREL, a tumor necrosis factor blocker, in the United States and Canada. It markets Otezla, a small molecule that inhibits phosphodiesterase 4, in many countries around the world. It markets Repatha, a proprotein convertase subtilisin/kexin type 9 (PCSK9) inhibitor, in many countries around the world.

What is the price predicton of AMGN Stock?

Wall Street analysts forecast AMGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMGN is363.10 USD with a low forecast of 280.00 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Amgen Inc (AMGN)'s revenue for the last quarter?

Amgen Inc revenue for the last quarter amounts to 8.62B USD, increased 5.76

What is Amgen Inc (AMGN)'s earnings per share (EPS) for the last quarter?

Amgen Inc. EPS for the last quarter amounts to 3.34 USD, increased 4.37

How many employees does Amgen Inc (AMGN). have?

Amgen Inc (AMGN) has 31500 emplpoyees as of June 19 2026.

What is Amgen Inc (AMGN) market cap?

Today AMGN has the market capitalization of 182.21B USD.