Companies /Healthcare

AMGEN Inc

NASDAQ: AMGN Drug Manufacturers - General
$438.04
▼ $2.31 (−0.52%) today
Markets open · 2:44pm ET
24/7 Rating BUY
12-Month Price Target
$488.30 +11.0% upside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $439.87
Street consensus $388.48
Ours vs. the Street +25.7%
$412.68Conservative$439.87Current$488.30Our Target$510.29Optimistic
12-Month Projection Historical Optimistic Target Conservative
$280$350$420$490Aug 2025Aug 2027Today$510.29$488.30$412.68
$280$350$420$490Aug 2025Aug 2027Today$510.29$488.30$412.68

Analyst Sentiment

34ANALYSTS
Buy1441%
Hold1750%
Sell39%
The Bottom Line

Amgen appears attractively valued at current levels. With a 11.0% upside to our $488.30 target, the risk-reward profile looks favorable for investors with a 12-month time horizon. Wall Street agrees, with 41% of analysts rating it a Buy.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Defensive growth with aging population tailwinds
1.10×
Analyst Consensus
Mixed analyst views
+1.9%
Earnings Growth
Strong earnings acceleration
+3.0%
Volatility Adjustment
Lower volatility stock
+1.2%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$400$480$560$640’26’27’28’29’30’31$663.65$639.02$447.96
$400$480$560$640’26’27’28’29’30’31$663.65$639.02$447.96

Prediction History

AMGN Price Target History Our Target Stock Price
$350$400$450May 28Aug 21$480.50$439.33
$350$400$450May 28Aug 21$480.50$439.33
Date Price Target Stock Price Rating Upside
$480.50 $439.33 BUY +9.4%
$458.49 $414.54 BUY +10.6%
$437.95 $410.95 BUY +6.6%
$421.85 $385.16 BUY +9.5%
$428.23 $371.50 BUY +15.3%
$425.01 $371.58 BUY +14.4%
$430.75 $363.62 BUY +18.5%
$425.21 $374.15 BUY +13.7%

Frequently Asked Questions

What is the AMGN stock price prediction for 2030?

Looking ahead to 2030, our model projects AMGN could trade at an average price of $593.03, with a potential range between $444.77 and $741.29. This represents a potential 34.8% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is AMGN a buy, sell, or hold right now?

24/7 Wall St. currently rates AMGN as a BUY. Moderate upside (+11.0%) Among Wall Street analysts, 14 rate it Buy, 17 rate it Hold, and 3 rate it Sell.

What is the AMGN stock price target in an optimistic scenario?

In our optimistic scenario for AMGN, the stock could reach $510.29 over the next 12 months, representing a 16.0% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for AMGN stock?

Our conservative scenario for AMGN projects a price of $412.68 over the next 12 months (-6.2% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →