What is the analyst consensus rating for AMGN?

The analyst consensus rating for AMGN is "Hold" based on 31 analyst recommendations.

What is the average price target for AMGN?

The average 12-month price target for AMGN is $393.25, representing an upside of 0.0% from the current price of $393.17.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Amgen Inc. (AMGN) Forecast: Analyst Ratings & Targets

Latest AMGN Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Sep 7, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Sep 4, 2026	NASDAQ:AMGN	Investing.com	Initiates Coverage	Hold	-
Sep 3, 2026	Urmimala Biswas	Zacks Equity Research	Initiates Coverage	Hold	-
Aug 25, 2026	Kinjel Shah	Zacks Equity Research	Initiates Coverage	Hold	-
Aug 20, 2026	Aparajita Dutta	Zacks Equity Research	Initiates Coverage	Buy	-
Aug 17, 2026	Salim Syed	Mizuho	Maintains	Hold	$303.00 → $352.00 +49.00 (16.2%)
Aug 13, 2026	Emily Field	Barclays	Maintains	Hold	$360.00 → $380.00 +20.00 (5.6%)
Aug 10, 2026	Geoff Meacham	Citi	Maintains	Hold	$345.00 → $405.00 +60.00 (17.4%)
Aug 7, 2026	Vamil Divan	Guggenheim	Maintains	Hold	$343.00 → $388.00 +45.00 (13.1%)
Aug 6, 2026	Chris Schott	JP Morgan	Maintains	Hold	$350.00
Aug 5, 2026	Google Drug Manufacturers - General	TipRanks - Google	Reiterates	Buy	$424.00 → $449.00 +25.00 (5.9%)
Aug 5, 2026	PerPlexity Drug Manufacturers - General	TipRanks - PerPlexity	Reiterates	Buy	$426.00 → $450.00 +24.00 (5.6%)
Aug 5, 2026	Anthropic Drug Manufacturers - General	TipRanks - Anthropic	Reiterates	Hold	$393.00 → $411.00 +18.00 (4.6%)
Aug 5, 2026	DeepSeek Drug Manufacturers - General	TipRanks - DeepSeek	Reiterates	Buy	$418.00 → $456.00 +38.00 (9.1%)
Aug 5, 2026	xAi Drug Manufacturers - General	TipRanks - xAI	Reiterates	Buy	$429.00 → $452.00 +23.00 (5.4%)
Aug 5, 2026	DefenseMania	StockTwits	Initiates Coverage	Buy	-
Aug 5, 2026	Gary Nachman	Canaccord Genuity	Maintains	Hold	$366.00 → $384.00 +18.00 (4.9%)
Aug 5, 2026	OpenAI Drug Manufacturers - General	TipRanks - OpenAI	Reiterates	Buy	$416.00 → $439.00 +23.00 (5.5%)
Aug 5, 2026	Courtney Breen	Bernstein	Maintains	Hold	$335.00 → $345.00 +10.00 (3.0%)
Aug 5, 2026	Salveen Richter	Goldman Sachs	Maintains	Buy	$427.00 → $450.00 +23.00 (5.4%)
Aug 5, 2026	Tazeen Ahmad	BofA Securities	Reiterates	Sell	$312.00 → $317.00 +5.00 (1.6%)
Aug 5, 2026	Michael Yee	UBS	Maintains	Buy	$420.00 → $440.00 +20.00 (4.8%)
Aug 5, 2026	Brian Skorney	Baird	Maintains	Sell	$215.00 → $230.00 +15.00 (7.0%)
Aug 5, 2026	Jay Olson	Oppenheimer	Maintains	Buy	$400.00 → $450.00 +50.00 (12.5%)
Aug 5, 2026	Luca Issi	RBC Capital	Maintains	Buy	$370.00 → $400.00 +30.00 (8.1%)
Aug 3, 2026	Sundeep Ganoria	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 13, 2026	Tazeen Ahmad	BofA Securities	Reiterates	Sell	$307.00 → $312.00 +5.00 (1.6%)
Jul 13, 2026	Evan Seigerman	BMO Capital	Maintains	Buy	$400.00
Jul 13, 2026	Michael Yee	UBS	Reiterates	Buy	$400.00 → $420.00 +20.00 (5.0%)
Jul 13, 2026	Mohit Bansal	Wells Fargo	Maintains	Hold	$390.00
Jul 10, 2026	Vamil Divan	Guggenheim	Maintains	Hold	$340.00 → $343.00 +3.00 (0.9%)
Jul 8, 2026	Terence Flynn	Morgan Stanley	Maintains	Hold	$340.00 → $333.00 -7.00 (-2.1%)
Jul 7, 2026	Gregory Renza	Truist	Maintains	Hold	$327.00 → $340.00 +13.00 (4.0%)
Jul 7, 2026	Luca Issi	RBC Capital	Maintains	Buy	$370.00
Jul 6, 2026	Google Drug Manufacturers - General	TipRanks - Google	Reiterates	Buy	$412.00
Jul 6, 2026	PerPlexity Drug Manufacturers - General	TipRanks - PerPlexity	Reiterates	Buy	$413.00
Jul 6, 2026	Anthropic Drug Manufacturers - General	TipRanks - Anthropic	Reiterates	Hold	$382.00
Jul 6, 2026	DeepSeek Drug Manufacturers - General	TipRanks - DeepSeek	Reiterates	Hold	$406.00
Jul 1, 2026	Evan Seigerman	BMO Capital	Maintains	Buy	$400.00
Jun 29, 2026	David Amsellem	Piper Sandler	Reiterates	Buy	$427.00
Jun 22, 2026	Salim Syed	Mizuho	Maintains	Hold	$303.00
Jun 21, 2026	Salim Syed	Mizuho	Maintains	Hold	$303.00
Jun 18, 2026	Luca Issi	RBC Capital	Reiterates	Buy	$370.00
Jun 15, 2026	Salim Syed	Mizuho	Maintains	Hold	$295.00 → $303.00 +8.00 (2.7%)
Jun 12, 2026	David Amsellem	Piper Sandler	Reiterates	Buy	$427.00

Zacks Equity Research

HoldInitiates Coverage

Sep 7

NASDAQ:AMGN

Investing.com

HoldInitiates Coverage

Sep 4

Urmimala Biswas

Zacks Equity Research

HoldInitiates Coverage

Sep 3

Kinjel Shah

Zacks Equity Research

HoldInitiates Coverage

Aug 25

Aparajita Dutta

Zacks Equity Research

BuyInitiates Coverage

Aug 20

Salim Syed

Mizuho

HoldMaintains

$303.00 → $352.00

Aug 17

Emily Field

Barclays

HoldMaintains

$360.00 → $380.00

Aug 13

Geoff Meacham

Citi

HoldMaintains

$345.00 → $405.00

Aug 10

Vamil Divan

Guggenheim

HoldMaintains

$343.00 → $388.00

Aug 7

Chris Schott

JP Morgan

HoldMaintains

$350.00

Aug 6

Google Drug Manufacturers - General

TipRanks - Google

BuyReiterates

$424.00 → $449.00

Aug 5

PerPlexity Drug Manufacturers - General

TipRanks - PerPlexity

BuyReiterates

$426.00 → $450.00

Aug 5

Anthropic Drug Manufacturers - General

TipRanks - Anthropic

HoldReiterates

$393.00 → $411.00

Aug 5

DeepSeek Drug Manufacturers - General

TipRanks - DeepSeek

BuyReiterates

$418.00 → $456.00

Aug 5

xAi Drug Manufacturers - General

TipRanks - xAI

BuyReiterates

$429.00 → $452.00

Aug 5

DefenseMania

StockTwits

BuyInitiates Coverage

Aug 5

Gary Nachman

Canaccord Genuity

HoldMaintains

$366.00 → $384.00

Aug 5

OpenAI Drug Manufacturers - General

TipRanks - OpenAI

BuyReiterates

$416.00 → $439.00

Aug 5

Courtney Breen

Bernstein

HoldMaintains

$335.00 → $345.00

Aug 5

Salveen Richter

Goldman Sachs

BuyMaintains

$427.00 → $450.00

Aug 5

Tazeen Ahmad

BofA Securities

SellReiterates

$312.00 → $317.00

Aug 5

Michael Yee

UBS

BuyMaintains

$420.00 → $440.00

Aug 5

Brian Skorney

Baird

SellMaintains

$215.00 → $230.00

Aug 5

Jay Olson

Oppenheimer

BuyMaintains

$400.00 → $450.00

Aug 5

Luca Issi

RBC Capital

BuyMaintains

$370.00 → $400.00

Aug 5

Sundeep Ganoria

Zacks Equity Research

BuyInitiates Coverage

Aug 3

Tazeen Ahmad

BofA Securities

SellReiterates

$307.00 → $312.00

Jul 13

Evan Seigerman

BMO Capital

BuyMaintains

$400.00

Jul 13

Michael Yee

UBS

BuyReiterates

$400.00 → $420.00

Jul 13

Mohit Bansal

Wells Fargo

HoldMaintains

$390.00

Jul 13

Vamil Divan

Guggenheim

HoldMaintains

$340.00 → $343.00

Jul 10

Terence Flynn

Morgan Stanley

HoldMaintains

$340.00 → $333.00

Jul 8

Gregory Renza

Truist

HoldMaintains

$327.00 → $340.00

Jul 7

Luca Issi

RBC Capital

BuyMaintains

$370.00

Jul 7

Google Drug Manufacturers - General

TipRanks - Google

BuyReiterates

$412.00

Jul 6

PerPlexity Drug Manufacturers - General

TipRanks - PerPlexity

BuyReiterates

$413.00

Jul 6

Anthropic Drug Manufacturers - General

TipRanks - Anthropic

HoldReiterates

$382.00

Jul 6

DeepSeek Drug Manufacturers - General

TipRanks - DeepSeek

HoldReiterates

$406.00

Jul 6

Evan Seigerman

BMO Capital

BuyMaintains

$400.00

Jul 1

David Amsellem

Piper Sandler

BuyReiterates

$427.00

Jun 29

Salim Syed

Mizuho

HoldMaintains

$303.00

Jun 22

Salim Syed

Mizuho

HoldMaintains

$303.00

Jun 21

Luca Issi

RBC Capital

BuyReiterates

$370.00

Jun 18

Salim Syed

Mizuho

HoldMaintains

$295.00 → $303.00

Jun 15

David Amsellem

Piper Sandler

BuyReiterates

$427.00

Jun 12

Amgen Inc. (AMGN) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest AMGN Analyst Ratings & Recommendations

Frequently Asked Questions