Amgen Reaches a New 52-Week High at $447.28, Up 55% From October Lows
As seen on the 24/7 Wall St. homepage on October 22, 2026.
Amgen closed at $447.28, a new 52-week high, roughly 55% above last October's $288 level. The $241.8 billion name now sits at the top of its range.
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Amgen closed at $447.28 on October 22, 2026, clearing its prior 52-week high. Clearing a recent peak rather than stalling beneath it turns that old resistance into support and shifts the path of least resistance upward.
The move caps a run off last October's low near $288, a gain of roughly 55% in a year. For a company this size, that climb reflects a sustained shift in how the market is pricing the stock's longer-term prospects.
Amgen consolidated through the spring and early summer before a fresh leg higher carried it to today's record close. That multi-month base followed by a clean breakout is the technical setup many investors wait for before adding exposure.
Watch whether $444, the level touched in late July before a sharp pullback, now acts as a floor on near-term weakness. Holding above a former high on a pullback confirms the breakout.
Sources
Mentioned: AMGN