Amgen Stock Forecast for 2023 - 2025 - 2030

Updated on 04/19/2024

Stock Rating
4
Price Target
$317.25
Consensus
Outperform
Upside
17.97%
Analysts
8
Stock Rating
4
Upside
17.97%
Analysts
8
Price Target
$317.25

Amgen Stock Forecast and Price Target

Amgen's most recent price target of $317.25 for 2024 was provided by eight renowned analysts over the past few months, with an average prediction of $317.25. If this prediction is correct, Amgen's stock could rise by 17.97 percent from its current trading price. The potential increase for the stock is $317.25 per share, with a possible range of $170.00 to $380.00. If you are interested in AMGN stock, you should also look at its competitors.

$317.25

17.97% Upside

Outperform
Outperform

Amgen Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Amgen's Price has fallen from $220.28 to $0.00 – a 100.00% decrease. In the next year, analysts expect Fair Value to reach $281.06 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$281.06
2025 Fair Value Forecast
$288.49
2026 Fair Value Forecast
$300.03
2027 Fair Value Forecast
$312.24
2028 Fair Value Forecast
$313.17
2029 Fair Value Forecast
$302.42
2030 Fair Value Forecast
$320.21
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
LLY Stock Forecast Eli Lilly and Outperform 16
$726.31 Buy/Sell $636.99 15.31%
NOVO B Stock Forecast Novo Nordisk A/S Outperform 12
kr866.20 Buy/Sell kr696.07 10.83%
JNJ Stock Forecast Johnson & Johnson Outperform 9
$147.91 Buy/Sell $174.55 14.93%
MRK Stock Forecast Merck Outperform 2
$125.78 Buy/Sell $130.51 10.51%
ABBV Stock Forecast AbbVie Outperform 9
$166.41 Buy/Sell $178.42 13.57%

Amgen Revenue Forecast for 2023 - 2025 - 2030

Amgen's Revenue has increased by 10.88% In the last three years, going from $25.42B to $28.19B. In the next year, analysts expect Revenue to reach $28.62B – an increase of 1.53%. By 2030, professionals believe that Amgen's Revenue will decrease by 0.48%, reaching $28.05B – a concerning trend for the company.

2024 Rev Forecast
$28.62B
2025 Rev Forecast
$28.96B
2026 Rev Forecast
$29.35B
2027 Rev Forecast
$29.95B
2028 Rev Forecast
$29.64B
2029 Rev Forecast
$28.43B
2030 Rev Forecast
$28.05B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AZN Stock Forecast AstraZeneca PLC Outperform 17
£109.46 Buy/Sell £165.99 47.83%
TMO Stock Forecast Thermo Fisher Scientific Outperform 10
$544.78 Buy/Sell $591.94 11.33%
NOVN Stock Forecast Novartis Hold 10
CHF85.53 Buy/Sell CHF105.00 23.11%

Amgen Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Amgen's Dividend per Share has grown, increasing from $6.40 to $8.52 – a growth of 33.13%. The next year looks promising for Amgen, with analysts predicting Dividend per Share of $9.30 – an increase of 9.15%. Over the next seven years, experts anticipate that Amgen's Dividend per Share will grow at a rate of 48.36%.

2024 DPS Forecast
$9.30
2025 DPS Forecast
$9.81
2026 DPS Forecast
$10.70
2027 DPS Forecast
$11.14
2028 DPS Forecast
$11.14
2029 DPS Forecast
$11.87
2030 DPS Forecast
$12.64
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ROG Stock Forecast Roche Holding Hold 16
CHF222.10 Buy/Sell CHF307.83 22.69%
ABT Stock Forecast Abbott Laboratories Outperform 9
$107.28 Buy/Sell $118.92 18.38%
DHR Stock Forecast Danaher Outperform 10
$235.51 Buy/Sell $260.33 14.64%

Amgen Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$11.22B
2025 FCF Forecast
$11.38B
2026 FCF Forecast
$11.92B
2027 FCF Forecast
$12.85B
2028 FCF Forecast
$12.95B
2029 FCF Forecast
$12.66B
2030 FCF Forecast
$12.27B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PFE Stock Forecast Pfizer Outperform 2
$26.00 Buy/Sell $32.87 17.31%
SAN Stock Forecast Sanofi Outperform 16
86.89€ Buy/Sell 102.80€ 24.30%
MDT Stock Forecast Medtronic Outperform 11
$79.48 Buy/Sell $92.47 20.16%

Amgen EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Amgen's EBITDA has gone down from $12.77B to $12.24B – a 4.17% drop. Next year, analysts are expecting EBITDA to reach $16.97B – an increase of 38.69%. Over the next seven years, the forecast is for EBITDA to grow by 6.98%.

2024 EBITDA Forecast
$16.97B
2025 EBITDA Forecast
$16.21B
2026 EBITDA Forecast
$15.23B
2027 EBITDA Forecast
$15.12B
2028 EBITDA Forecast
$15.25B
2029 EBITDA Forecast
$14.39B
2030 EBITDA Forecast
$13.09B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BMY Stock Forecast Bristol-Myers Squibb Hold 2
$48.93 Buy/Sell $58.15 12.41%
REGN Stock Forecast Regeneron Pharmaceuticals Outperform 2
$896.82 Buy/Sell $961.26 17.08%
GILD Stock Forecast Gilead Sciences Inc Outperform 11
$66.76 Buy/Sell $87.82 22.83%

Amgen EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Amgen's EBIT has fallen from $9.33B to $8.16B – a 12.48% decrease. For next year, analysts predict EBIT of $13.71B, which would mean an increase of 67.89%. Over the next seven years, experts predict that Amgen's EBIT will grow at a rate of 55.51%.

2024 EBIT Forecast
$13.71B
2025 EBIT Forecast
$13.77B
2026 EBIT Forecast
$13.75B
2027 EBIT Forecast
$13.89B
2028 EBIT Forecast
$13.59B
2029 EBIT Forecast
$12.89B
2030 EBIT Forecast
$12.70B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GSK Stock Forecast GSK Outperform 12
£15.99 Buy/Sell £17.30 21.95%
MRK Stock Forecast Merck KGaA Outperform 18
146.00€ Buy/Sell 190.06€ 25.34%
BDX Stock Forecast Becton Dickinson and Co Outperform 9
$234.12 Buy/Sell $284.47 19.60%

Amgen EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Amgen's EPS has fallen from $16.60 to $0.00 – a 100.00% decrease. In the next year, analysts expect EPS to reach $21.18 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
$21.18
2025 EPS Forecast
$21.74
2026 EPS Forecast
$22.61
2027 EPS Forecast
$23.53
2028 EPS Forecast
$23.60
2029 EPS Forecast
$22.79
2030 EPS Forecast
$24.13
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
4568 Stock Forecast Daiichi Sankyo Company Buy 4
¥4.64k Buy/Sell ¥5.24k 25.11%
MMM Stock Forecast 3M Hold 10
$92.27 Buy/Sell $109.39 8.38%
BAS Stock Forecast BASF Outperform 12
50.44€ Buy/Sell 49.50€ 11.02%