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Amgen (AMGN) Stock Price, News & Analysis

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$443.84 +4.51 (+1.03%)
Closing price 04:00 PM Eastern
Extended Trading
$444.25 +0.41 (+0.09%)
As of 07:25 PM Eastern
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About Amgen Stock (NASDAQ:AMGN)

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Key Stats

Today's Range
$435.51
$445.87
50-Day Range
$337.60
$443.84
52-Week Range
$269.77
$445.87
Volume
2.46 million shs
Average Volume
2.77 million shs
Market Capitalization
$239.95 billion
P/E Ratio
27.58
Dividend Yield
2.27%
Price Target
$380.43
Consensus Rating
Hold

Company Overview

Amgen Inc. (NASDAQ: AMGN) is a global biotechnology company founded in 1980 and headquartered in Thousand Oaks, California. The company focuses on discovering, developing, manufacturing and delivering human therapeutics that address serious illnesses. Amgen’s work centers on biologic medicines derived from cellular and molecular biology, with an emphasis on translating advances in human genetics and protein science into therapies for patients.

Amgen’s commercial portfolio has historically included biologics used in oncology, supportive care, nephrology, bone health and cardiovascular disease. Notable marketed medicines developed or commercialized by the company include epoetin and darbepoetin products for anemia, granulocyte colony-stimulating factor therapies for infection risk reduction, bone-targeting agents for osteoporosis and skeletal complications, and a PCSK9 inhibitor for lipid management. The company also develops and markets biosimilars and newer targeted therapies emerging from its research programs.

Research and development is a core activity at Amgen, combining laboratory science, clinical trials and manufacturing capabilities to advance novel biologics and biosimilars. The company operates large-scale biologics manufacturing facilities and maintains a global commercial presence, selling products in North America, Europe, Asia-Pacific and other markets through its own commercial organization and in partnership with other companies. Strategic collaborations, licensing and selective acquisitions have been part of Amgen’s approach to broaden its pipeline and reach.

Amgen is governed by an executive leadership team and board of directors and emphasizes long-term investment in R&D, manufacturing quality and regulatory compliance. Its public-facing strategy highlights innovation in biologics, efforts to expand access to therapies worldwide, and ongoing development programs across multiple therapeutic areas.

AI Generated. May Contain Errors.

Amgen Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
77th Percentile Overall Score

AMGN MarketRank™: 

Amgen scored higher than 77% of companies evaluated by MarketBeat, and ranked 133rd out of 917 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Amgen has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 1 strong buy rating, 13 buy ratings, 14 hold ratings, and 3 sell ratings.

  • Downside Risk

    Amgen has a consensus price target of $380.43, representing about 14.3% downside from its current price of $443.84.

  • Amount of Analyst Coverage

    Amgen has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Amgen's stock forecast and price target.
  • Earnings Growth

    Earnings for Amgen are expected to grow by 6.11% in the coming year, from $22.92 to $24.32 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Amgen is 27.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Amgen is 27.58, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 271.38.

  • Price to Earnings Growth Ratio

    Amgen has a PEG Ratio of 3.17. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Amgen has a P/B Ratio of 27.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Amgen's valuation and earnings.
  • Percentage of Shares Shorted

    2.48% of the float of Amgen has been sold short.
  • Short Interest Ratio / Days to Cover

    Amgen has a short interest ratio ("days to cover") of 5.16.
  • Change versus previous month

    Short interest in Amgen has recently increased by 3.39%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Amgen pays a meaningful dividend of 2.29%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Amgen has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of Amgen is 62.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Amgen will have a dividend payout ratio of 41.45% next year. This indicates that Amgen will be able to sustain or increase its dividend.

  • Read more about Amgen's dividend.
  • News Sentiment

    Amgen has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 63 news articles for Amgen this week, compared to 10 articles on an average week.
  • Search Interest

    39 people have searched for AMGN on MarketBeat in the last 30 days. This is an increase of 290% compared to the previous 30 days.
  • MarketBeat Follows

    31 people have added Amgen to their MarketBeat watchlist in the last 30 days. This is an increase of 417% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Amgen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,540,926.00 in company stock.

  • Percentage Held by Insiders

    0.85% of the stock of Amgen is held by insiders.

  • Percentage Held by Institutions

    76.50% of the stock of Amgen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Amgen's insider trading history.
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AMGN Stock News Headlines

Amgen Touches 52-Week High: Buy, Sell or Hold the Stock?
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A 25-year Silicon Valley veteran who recommended Nvidia before its 32,000 percent run says the next wave of AI gains wont come from Nvidia, Tesla, or SpaceX. He points to a detail buried on page 37 of the SpaceX IPO filing, tied to Elon Musks plans for 1 million AI satellites, 1 billion humanoid robots, and 200 billion AI chips a year. He says one overlooked sector could benefit most from this spending, and has identified a company trading under $1 that may factor into Musks supply chain.tc pixel
3 Market-Beating Stocks with Exciting Potential
Beat the Market Like Zacks: Amgen, FirstCash, Delek in Focus
Stock Traders Buy High Volume of Call Options on Amgen (NASDAQ:AMGN)
See More Headlines

AMGN Stock Analysis - Frequently Asked Questions

Amgen's stock was trading at $327.31 at the beginning of the year. Since then, AMGN shares have increased by 35.6% and is now trading at $443.84.

Amgen Inc. (NASDAQ:AMGN) announced its quarterly earnings results on Tuesday, August, 4th. The medical research company reported $6.29 EPS for the quarter, beating the consensus estimate of $5.62 by $0.67. Amgen's revenue for the quarter was up 9.5% on a year-over-year basis.
Read the conference call transcript
.

Amgen subsidiaries include these companies: TeneoBio, Five Prime Therapeutics, Rodeo Therapeutics, Otezla, Nuevolution, Catherex, Catherex, and others.

Amgen's top institutional shareholders include California State Teachers Retirement System (55.17%), BlackRock Inc. (9.15%), Primecap Management Co. CA (1.25%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (1.00%). Insiders that own company stock include Amgen Inc, Murdo Gordon, David M Reese, Jonathan P Graham, Nancy A Grygiel, Nancy A Grygiel and Rachna Khosla.
View institutional ownership trends
.

Shares of AMGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Amgen investors own include NVIDIA (NVDA), Meta Platforms (META), Chevron (CVX), Verizon Communications (VZ), Bristol Myers Squibb (BMY), JPMorgan Chase & Co. (JPM) and Advanced Micro Devices (AMD).

Company Calendar

Record date for 6/5 Dividend
5/15/2026
Ex-Dividend for 6/5 Dividend
5/15/2026
Dividend Payable
6/05/2026
Last Earnings
8/04/2026
Record date for 9/11 Dividend
8/21/2026
Ex-Dividend for 9/11 Dividend
8/21/2026
Today
8/24/2026
Dividend Payable
9/11/2026
Next Earnings (Estimated)
11/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:AMGN
CIK
318154
Employees
31,500
Year Founded
1980

Price Target and Rating

High Price Target
$460.00
Low Price Target
$200.00
Potential Upside/Downside
-14.3%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
31 Analysts

Profitability

EPS (Trailing Twelve Months)
$16.09
Trailing P/E Ratio
27.58
Forward P/E Ratio
19.36
P/E Growth
3.17
Net Income
$7.71 billion
Net Margins
22.95%
Pretax Margin
27.00%
Return on Equity
124.14%
Return on Assets
13.18%

Debt

Debt-to-Equity Ratio
4.44
Current Ratio
1.37
Quick Ratio
1.13

Sales & Book Value

Annual Sales
$36.75 billion
Price / Sales
6.53
Cash Flow
$34.14 per share
Price / Cash Flow
13.00
Book Value
$16.08 per share
Price / Book
27.60

Miscellaneous

Outstanding Shares
540,630,000
Free Float
536,037,000
Market Cap
$239.95 billion
Optionable
Optionable
Beta
0.41

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This page (NASDAQ:AMGN) was last updated on 8/24/2026 by MarketBeat.com Staff.
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