Amgen Forecast, price target & analysts
Amgen Target price 2025 - Analyst rating & recommendation
Amgen Classifications & Recommendation:
Amgen Price Target
| Target Price | $316.92 |
| Price | $289.02 |
| Potential | 9.65% |
| Number of Estimates | 24 |
| 24 Analysts have issued a price target Amgen 2026 . The average Amgen target price is $316.92. This is 9.65% higher than the current stock price. The highest price target is $405.00 40.13% , the lowest is $195.00 32.53% . | |
| A rating was issued by 35 analysts: 16 Analysts recommend Amgen to buy, 16 to hold and 3 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the Amgen stock has an average upside potential 2026 of 9.65% . Most analysts recommend the Amgen stock at Buy or hold. |
Sales and Margin forecast 2024, 2025 to 2029
27 Analysts have issued a sales forecast Amgen 2024 . The average Amgen sales estimate is $33.2b . This is 2.70% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $33.5b 3.75% , the lowest is $32.9b 1.83% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $28.0b | 7.35% |
|---|---|---|
| 2024 | $33.2b | 18.52% |
| 2025 | $34.6b | 4.30% |
| 2026 | $35.1b | 1.39% |
| 2027 | $35.6b | 1.54% |
| 2028 | $36.3b | 1.86% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2029
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| EV/Sales | 6.23 |
Based on analysts' sales estimates for 2024, the Amgen stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 6.23 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 4.68 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 6.40 | 14.21% |
|---|---|---|
| 2024 | 6.23 | 2.69% |
| 2025 | 5.97 | 4.12% |
| 2026 | 5.89 | 1.37% |
| 2027 | 5.80 | 1.51% |
| 2028 | 5.69 | 1.83% |
P/S ratio
| Current | 4.81 | 26.00% |
|---|---|---|
| 2024 | 4.68 | 2.63% |
| 2025 | 4.49 | 4.12% |
| 2026 | 4.43 | 1.37% |
| 2027 | 4.36 | 1.51% |
| 2028 | 4.28 | 1.83% |
Discover more stocks with a high price target
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
