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Amgen

AMGNNASDAQ
$334.10
-1.87-0.56%
Last update: 10:27 AM
15 minutes delayed
Q2 2024 Earnings in 14 days from now on Tue Aug 6th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$360.00
Lowest Price Target1
$182.00
Consensus Price Target1
$291.56

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Amgen (NASDAQ:AMGN) Stock, Analyst Ratings, Price Targets, Forecasts

Amgen Inc has a consensus price target of $291.56 based on the ratings of 29 analysts. The high is $360 issued by TD Cowen on April 17, 2024. The low is $182 issued by Atlantic Equities on August 9, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Argus Research, and RBC Capital on July 11, 2024, June 27, 2024, and June 14, 2024, respectively. With an average price target of $325 between Morgan Stanley, Argus Research, and RBC Capital, there's an implied -2.72% downside for Amgen Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
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1
Apr
3
4
May
1
Jun
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Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Argus Research
RBC Capital
Mizuho
UBS

1calculated from analyst ratings

Analyst Ratings for Amgen

Buy NowGet Alert
07/11/2024Buy Now-9.31%Morgan Stanley
Terence Flynn
$310 → $303MaintainsEqual-WeightGet Alert
06/27/2024Buy Now1.77%Argus Research
David Toung
$300 → $340MaintainsBuyGet Alert
06/14/2024Buy Now-0.63%RBC Capital
Gregory Renza
$328 → $332MaintainsOutperformGet Alert
05/09/2024Buy Now-29.66%Mizuho
Salim Syed
$223 → $235MaintainsNeutralGet Alert
05/03/2024Buy Now-1.83%RBC Capital
Gregory Renza
$332 → $328MaintainsOutperformGet Alert
05/03/2024Buy Now-7.21%Morgan Stanley
Terence Flynn
$271 → $310MaintainsEqual-WeightGet Alert
05/03/2024Buy Now-8.11%UBS
Colin Bristow
$284 → $307MaintainsNeutralGet Alert
05/03/2024Buy NowWilliam Blair
Matthew Phipps
UpgradeMarket Perform → OutperformGet Alert
05/03/2024Buy Now6.26%BMO Capital
Evan David Seigerman
$336 → $355MaintainsOutperformGet Alert
05/03/2024Buy Now-10.21%Barclays
Carter Gould
$230 → $300UpgradeUnderweight → Equal-WeightGet Alert
04/17/2024Buy Now-15%UBS
Colin Bristow
$314 → $284MaintainsNeutralGet Alert
04/17/2024Buy Now7.75%TD Cowen
Yaron Weber
$370 → $360MaintainsBuyGet Alert
04/12/2024Buy Now-4.22%Truist Securities
Robyn Karnauskas
$320 → $320ReiteratesBuy → BuyGet Alert
04/03/2024Buy Now-1.53%RBC Capital
Gregory Renza
→ $329ReiteratesOutperform → OutperformGet Alert
03/28/2024Buy NowRaymond James
Gary Nachman
Reinstates → Market PerformGet Alert
02/08/2024Buy Now4.76%Goldman Sachs
Salveen Richter
$313 → $350MaintainsBuyGet Alert
02/07/2024Buy Now-16.79%Morgan Stanley
Terence Flynn
$281 → $278MaintainsEqual-WeightGet Alert
02/07/2024Buy Now-1.53%RBC Capital
Gregory Renza
$303 → $329MaintainsOutperformGet Alert
02/07/2024Buy Now4.76%Goldman Sachs
Salveen Richter
$313 → $350MaintainsBuyGet Alert
02/01/2024Buy Now4.76%Oppenheimer
Jay Olson
→ $350ReiteratesOutperform → OutperformGet Alert
01/29/2024Buy Now-6.02%UBS
Colin Bristow
$315 → $314MaintainsNeutralGet Alert
12/21/2023Buy Now-4.22%Daiwa Capital
Narumi Nakagiri
→ $320UpgradeNeutral → BuyGet Alert
12/19/2023Buy Now-2.42%BMO Capital
Evan David Seigerman
$286 → $326UpgradeMarket Perform → OutperformGet Alert
12/12/2023Buy Now-10.21%RBC Capital
Gregory Renza
$256 → $300UpgradeSector Perform → OutperformGet Alert
11/29/2023Buy Now-4.22%Truist Securities
Robyn Karnauskas
→ $320ReiteratesBuy → BuyGet Alert
11/09/2023Buy Now-28.17%Deutsche Bank
James Shin
→ $240Initiates → HoldGet Alert
11/02/2023Buy Now-23.38%RBC Capital
Gregory Renza
$253 → $256MaintainsSector PerformGet Alert
11/02/2023Buy Now-4.22%Truist Securities
Robyn Karnauskas
→ $320UpgradeHold → BuyGet Alert
11/02/2023Buy Now-19.78%UBS
Colin Bristow
$272 → $268MaintainsNeutralGet Alert
11/01/2023Buy Now-23.38%RBC Capital
Gregory Renza
$253 → $256MaintainsSector PerformGet Alert
11/01/2023Buy Now-12.9%Morgan Stanley
Terence Flynn
$300 → $291MaintainsEqual-WeightGet Alert
10/25/2023Buy Now-7.21%Oppenheimer
Jay Olson
$300 → $310MaintainsOutperformGet Alert
10/20/2023Buy Now-10.21%Oppenheimer
Jay Olson
$290 → $300MaintainsOutperformGet Alert
10/20/2023Buy Now-19.19%JP Morgan
Chris Schott
→ $270ReinstatesNeutral → NeutralGet Alert
10/17/2023Buy Now-7.21%Argus Research
David Toung
$280 → $310MaintainsBuyGet Alert
10/17/2023Buy Now-10.21%Morgan Stanley
Terence Flynn
→ $300Reinstates → Equal-WeightGet Alert
10/12/2023Buy Now-7.21%Jefferies
Michael Yee
$310 → $310ReiteratesBuy → BuyGet Alert
10/11/2023Buy Now-4.82%Leerink Partners
David Risinger
$267 → $318UpgradeMarket Perform → OutperformGet Alert
10/11/2023Buy Now-13.2%B of A Securities
Geoff Meacham
→ $290Reinstates → NeutralGet Alert
10/09/2023Buy Now-13.2%Oppenheimer
Jay Olson
$280 → $290MaintainsOutperformGet Alert
09/18/2023Buy Now-16.19%Argus Research
David Toung
$260 → $280MaintainsBuyGet Alert
09/06/2023Buy Now-4.22%HSBC
Morten Herholdt
→ $320Initiates → BuyGet Alert
09/05/2023Buy Now-22.18%Truist Securities
Robyn Karnauskas
→ $260ReiteratesHold → HoldGet Alert
08/14/2023Buy Now-7.21%Jefferies
Michael Yee
$275 → $310MaintainsBuyGet Alert
08/14/2023Buy Now-33.25%Mizuho
Salim Syed
$214 → $223MaintainsNeutralGet Alert
08/04/2023Buy Now-24.27%RBC Capital
Gregory Renza
$250 → $253MaintainsSector PerformGet Alert
07/25/2023Buy Now-16.19%Oppenheimer
Jay Olson
→ $280ReiteratesOutperform → OutperformGet Alert
07/12/2023Buy Now-40.14%Credit Suisse
Trung Huynh
$220 → $200MaintainsOutperformGet Alert
07/11/2023Buy Now-37.14%Barclays
Carter Gould
$225 → $210MaintainsUnderweightGet Alert
06/26/2023Buy Now-22.18%Argus Research
David Toung
$270 → $260MaintainsBuyGet Alert
05/18/2023Buy Now-16.19%Oppenheimer
Jay Olson
→ $280ReiteratesOutperform → OutperformGet Alert
05/09/2023Buy Now-23.97%RBC Capital
Gregory Renza
→ $254Reiterates → Sector PerformGet Alert
05/01/2023Buy Now-32.65%Barclays
Carter Gould
$227 → $225MaintainsUnderweightGet Alert
04/28/2023Buy Now-13.8%Piper Sandler
Christopher Raymond
$293 → $288MaintainsOverweightGet Alert
04/24/2023Buy Now-13.2%Oppenheimer
Jay Olson
$292 → $290MaintainsOutperformGet Alert
04/14/2023Buy Now-32.06%Barclays
Carter Gould
$230 → $227MaintainsUnderweightGet Alert
03/13/2023Buy Now-20.68%Wells Fargo
Mohit Bansal
$275 → $265UpgradeEqual-Weight → OverweightGet Alert
02/13/2023Buy Now-22.18%Truist Securities
Robyn Karnauskas
$280 → $260MaintainsHoldGet Alert
02/02/2023Buy Now-20.08%SVB Leerink
David Risinger
$282 → $267MaintainsMarket PerformGet Alert
02/01/2023Buy Now-17.69%Wells Fargo
Mohit Bansal
$285 → $275MaintainsEqual-WeightGet Alert
02/01/2023Buy Now-22.78%RBC Capital
Gregory Renza
$268 → $258MaintainsSector PerformGet Alert
02/01/2023Buy Now-12%Oppenheimer
Jay Olson
$312 → $294MaintainsOutperformGet Alert
02/01/2023Buy Now-13.5%Cowen & Co.
Yaron Weber
$307 → $289MaintainsOutperformGet Alert
02/01/2023Buy Now-34.15%Credit Suisse
Trung Huynh
$240 → $220MaintainsUnderperformGet Alert
02/01/2023Buy Now-24.27%BMO Capital
Evan David Seigerman
$276 → $253MaintainsMarket PerformGet Alert
02/01/2023Buy Now-31.16%Barclays
Carter Gould
$240 → $230MaintainsUnderweightGet Alert
01/19/2023Buy Now-12.3%Piper Sandler
Christopher Raymond
$299 → $293MaintainsOverweightGet Alert
01/18/2023Buy Now-28.17%Barclays
Carter Gould
$234 → $240MaintainsUnderweightGet Alert
01/03/2023Buy Now-14.7%Wells Fargo
Mohit Bansal
$250 → $285MaintainsEqual-WeightGet Alert
12/22/2022Buy Now-15.59%SVB Leerink
David Risinger
$256 → $282MaintainsMarket PerformGet Alert
12/13/2022Buy Now-10.51%Piper Sandler
Christopher Raymond
$297 → $299MaintainsOverweightGet Alert
12/06/2022Buy Now-7.21%Oppenheimer
Jay Olson
$300 → $310MaintainsOutperformGet Alert
11/18/2022Buy Now-28.17%Credit Suisse
Trung Huynh
→ $240Initiates → UnderperformGet Alert
11/04/2022Buy Now-28.17%RBC Capital
Gregory Renza
$235 → $240MaintainsSector PerformGet Alert
11/04/2022Buy Now-15.59%Morgan Stanley
Matthew Harrison
$279 → $282MaintainsOverweightGet Alert
11/04/2022Buy Now-16.79%Piper Sandler
Christopher Raymond
$265 → $278MaintainsOverweightGet Alert
10/31/2022Buy Now-29.96%Barclays
Carter Gould
→ $234DowngradeEqual-Weight → UnderweightGet Alert
10/12/2022Buy Now-29.96%Barclays
Carter Gould
$236 → $234MaintainsEqual-WeightGet Alert
10/11/2022Buy Now-16.49%Morgan Stanley
Matthew Harrison
$257 → $279UpgradeEqual-Weight → OverweightGet Alert
08/09/2022Buy Now-45.53%Atlantic Equities
Steve Chesney
$190 → $182MaintainsUnderweightGet Alert
08/05/2022Buy Now-29.36%RBC Capital
Kennen MacKay
$224 → $236MaintainsSector PerformGet Alert
08/05/2022Buy Now-20.68%Piper Sandler
Christopher Raymond
$260 → $265MaintainsOverweightGet Alert
07/15/2022Buy Now-24.27%Morgan Stanley
Matthew Harrison
$239 → $253MaintainsEqual-WeightGet Alert
06/01/2022Buy Now-13.2%Oppenheimer
Jay Olson
$285 → $290MaintainsOutperformGet Alert
05/23/2022Buy Now-23.38%SVB Leerink
David Risinger
→ $256Initiates → Market PerformGet Alert
05/10/2022Buy Now-37.74%Mizuho
Salim Syed
$202 → $208MaintainsNeutralGet Alert
04/28/2022Buy Now-33.25%RBC Capital
Gregory Renza
$218 → $223MaintainsSector PerformGet Alert
04/28/2022Buy Now-27.27%BMO Capital
Evan Seigerman
$263 → $243MaintainsMarket PerformGet Alert
04/28/2022Buy Now-22.18%Piper Sandler
Christopher Raymond
$255 → $260MaintainsOverweightGet Alert
04/12/2022Buy Now-29.06%Morgan Stanley
Matthew Harrison
$238 → $237MaintainsEqual-WeightGet Alert
04/12/2022Buy Now-29.36%Barclays
Carter Gould
$233 → $236MaintainsEqual-WeightGet Alert
02/09/2022Buy Now-28.76%Morgan Stanley
Matthew Harrison
$235 → $238MaintainsEqual-WeightGet Alert
02/09/2022Buy Now-25.17%Wells Fargo
Mohit Bansal
$210 → $250MaintainsEqual-WeightGet Alert
02/09/2022Buy Now-30.26%Barclays
Carter Gould
$228 → $233MaintainsEqual-WeightGet Alert
02/09/2022Buy Now-14.7%Oppenheimer
Jay Olson
$272 → $285MaintainsOutperformGet Alert
01/05/2022Buy Now-23.68%B of A Securities
Geoff Meacham
$285 → $255DowngradeBuy → NeutralGet Alert
12/21/2021Buy Now-34.75%RBC Capital
Kennen MacKay
$216 → $218MaintainsSector PerformGet Alert
12/09/2021Buy Now-37.14%Wells Fargo
Mohit Bansal
Initiates → Equal-WeightGet Alert
12/06/2021Buy Now-22.78%Goldman Sachs
Salveen Richter
Initiates → BuyGet Alert
11/22/2021Buy Now-41.93%Mizuho
Salim Syed
MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Amgen (AMGN) stock?

A

The latest price target for Amgen (NASDAQ:AMGN) was reported by Morgan Stanley on July 11, 2024. The analyst firm set a price target for $303.00 expecting AMGN to fall to within 12 months (a possible -9.31% downside). 47 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Amgen (AMGN)?

A

The latest analyst rating for Amgen (NASDAQ:AMGN) was provided by Morgan Stanley, and Amgen maintained their equal-weight rating.

Q

When was the last upgrade for Amgen (AMGN)?

A

The last upgrade for Amgen Inc happened on May 3, 2024 when William Blair raised their price target to N/A. William Blair previously had a market perform for Amgen Inc.

Q

When was the last downgrade for Amgen (AMGN)?

A

The last downgrade for Amgen Inc happened on October 31, 2022 when Barclays changed their price target from N/A to $234 for Amgen Inc.

Q

When is the next analyst rating going to be posted or updated for Amgen (AMGN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amgen, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Amgen was filed on July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.

Q

Is the Analyst Rating Amgen (AMGN) correct?

A

While ratings are subjective and will change, the latest Amgen (AMGN) rating was a maintained with a price target of $310.00 to $303.00. The current price Amgen (AMGN) is trading at is $334.10, which is out of the analyst’s predicted range.

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