Amgen Forecast, price target & analysts
Amgen Target price 2024 - Analyst rating & recommendation
Amgen Classifications & Recommendation:
Amgen Price Target
| Target Price | $334.25 |
| Price | $294.00 |
| Potential | 13.69% |
| Number of Estimates | 24 |
| 24 Analysts have issued a price target Amgen 2025 . The average Amgen target price is $334.25. This is 13.69% higher than the current stock price. The highest price target is $405.00 37.76% , the lowest is $200.00 31.97% . | |
| A rating was issued by 34 analysts: 15 Analysts recommend Amgen to buy, 17 to hold and 2 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 2025 of 13.69% . Most analysts recommend the Amgen stock at Hold. |
Sales and Margin forecast 2024, 2025 to 2028
27 Analysts have issued a sales forecast Amgen 2024 . The average Amgen sales estimate is $33.2b . This is 2.64% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $33.5b 3.75% , the lowest is $32.9b 1.74% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $28.0b | 7.35% |
|---|---|---|
| 2024 | $33.2b | 18.45% |
| 2025 | $34.3b | 3.48% |
| 2026 | $34.8b | 1.43% |
| 2027 | $35.4b | 1.79% |
| 2028 | $36.2b | 2.24% |
7 Analysts have issued an Amgen EBITDA forecast 2024. The average Amgen EBITDA estimate is $19.2b . This is 59.04% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $20.5b 69.45% , the lowest is $18.3b 51.47% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $12.4b | 1.91% |
|---|---|---|
| 2024 | $19.2b | 55.55% |
| 2025 | $17.9b | 6.82% |
| 2026 | $17.9b | 0.12% |
| 2027 | $19.3b | 8.06% |
| 2028 | $19.7b | 1.93% |
EBITDA Margin
| 2023 | 44.11% | 8.62% |
|---|---|---|
| 2024 | 57.93% | 31.32% |
| 2025 | 52.16% | 9.96% |
| 2026 | 51.37% | 1.51% |
| 2027 | 54.53% | 6.15% |
| 2028 | 54.37% | 0.29% |
10 Amgen Analysts have issued a net profit forecast 2024. The average Amgen net profit estimate is $4.9b . This is 16.59% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $6.3b 49.30% , the lowest is $4.1b 2.89% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $6.7b | 3.14% |
|---|---|---|
| 2024 | $4.9b | 27.10% |
| 2025 | $5.6b | 14.54% |
| 2026 | $6.5b | 15.78% |
| 2027 | $9.1b | 40.21% |
| 2028 | $10.0b | 9.60% |
Net Margin
| 2023 | 23.97% | 3.92% |
|---|---|---|
| 2024 | 14.75% | 38.46% |
| 2025 | 16.33% | 10.71% |
| 2026 | 18.64% | 14.15% |
| 2027 | 25.67% | 37.71% |
| 2028 | 27.52% | 7.21% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028
10 Analysts have issued a Amgen forecast for earnings per share. The average Amgen <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $9.11 . This is 16.65% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $11.66 49.30% , the lowest is $7.58 2.94% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $12.49 | 3.14% |
|---|---|---|
| 2024 | $9.11 | 27.06% |
| 2025 | $10.43 | 14.49% |
| 2026 | $12.07 | 15.72% |
| 2027 | $16.93 | 40.27% |
| 2028 | $18.56 | 9.63% |
P/E ratio
| Current | 37.64 | 99.36% |
|---|---|---|
| 2024 | 32.29 | 14.21% |
| 2025 | 28.19 | 12.70% |
| 2026 | 24.35 | 13.62% |
| 2027 | 17.37 | 28.67% |
| 2028 | 15.84 | 8.81% |
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 6.31 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 4.76 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 6.48 | 2.86% |
|---|---|---|
| 2024 | 6.31 | 2.59% |
| 2025 | 6.10 | 3.36% |
| 2026 | 6.01 | 1.41% |
| 2027 | 5.91 | 1.76% |
| 2028 | 5.78 | 2.19% |
P/S ratio
| Current | 4.89 | 8.36% |
|---|---|---|
| 2024 | 4.76 | 2.57% |
| 2025 | 4.60 | 3.36% |
| 2026 | 4.54 | 1.41% |
| 2027 | 4.46 | 1.76% |
| 2028 | 4.36 | 2.19% |
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