AMGN - Amgen - Stock Forecast

Healthcare - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

AMGN is currently covered by 21 analysts with an average price target of $290.16. This is a potential upside of $26.78 (10.17%) from yesterday's end of day stock price of $263.38.

Amgen's activity chart (see below) currently has 486 price targets and 409 ratings on display. The stock rating distribution of AMGN is 38.37% HOLD, 11.63% SELL and 50% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 90.65% with an average time for these price targets to be met of 552.1 days.

Highest price target for AMGN is $405, Lowest price target is $215, average price target is $290.16.

Most recent stock forecast was given by GEOFF MEACHAM from CITI on 10-Dec-2024.

What is Amgen?

Amgen is a biotechnology company that specializes inĀ  developing, manufacturing, and delivering human therapeutics.

The company’s research focuses on six main therapeutic areas, which include inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology, and neuroscience.

Products

Amgen produces drugs such as Enbrel, Neulasta, Prolia, Xgeva, Aranesp, KYPROLIS, and Repatha, which treat anemia, cardiovascular disease, multiple myeloma, osteoporosis, plaque psoriasis, psoriatic arthritis, and rheumatoid arthritis.

  • Enbrel
    • Treats inflammatory conditions such as plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis. A healthcare provider or the patient injects Enbrel to inhibit tumor necrosis factor (TNF).
  • Neulasta
    • This product reduces the risk of infection in cancer patients undergoing chemotherapy, by stimulating the bone marrow to produce more white blood cells. It is administered by injection, usually 24 hours after chemotherapy.
  • Prolia
    • Treats postmenopausal women with osteoporosis by inhibiting RANKL, a protein involved in bone tissue breakdown. It is given by injection every six months. Prolia can increase bone density and reduce fractures.

History

Amgen was founded in 1980 and is headquartered in Thousand Oaks, California.

Currently out of the existing stock ratings of AMGN, 33 are a HOLD (38.37%), 10 are a SELL (11.63%), 43 are a BUY (50%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Sell

$256

$-14.62 (-5.40%)

$335

10 days ago
(10-Dec-2024)

7/9 (77.78%)

$-19.95 (-7.23%)

593

Buy

$330

$59.38 (21.94%)

$362

23 days ago
(27-Nov-2024)

10/13 (76.92%)

$50.09 (17.90%)

72

Buy

$380

$109.38 (40.42%)

$345

1 months 8 days ago
(12-Nov-2024)

22/24 (91.67%)

$59.89 (18.71%)

644

Hold

$326

$55.38 (20.46%)

$307

1 months 19 days ago
(31-Oct-2024)

10/11 (90.91%)

$5.84 (1.82%)

83

Buy

$333

$62.38 (23.05%)

$320

2 months 6 days ago
(14-Oct-2024)

25/26 (96.15%)

$8.38 (2.58%)

703

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What is AMGN (Amgen) average time for price targets to be met?

On average it took 552.1 days on average for the stock forecasts to be realized with a an average price target met ratio 90.65

Which analyst has the current highest performing score on AMGN (Amgen) with a proven track record?

DO KIM

Which analyst has the most public recommendations on AMGN (Amgen)?

Do Kim has 9 price targets and 5 ratings on AMGN

Which analyst is the currently most bullish on AMGN (Amgen)?

Eric Schmidt with highest potential upside - $134.38

Which analyst is the currently most reserved on AMGN (Amgen)?

Matthew Roden with lowest potential downside - -$102.62

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