Amgen Inc. (AMGN)

NASDAQ: AMGN · IEX Real-Time Price · USD
288.02
-0.44 (-0.15%)
At close: Dec 29, 2023, 4:00 PM
287.50
-0.52 (-0.18%)
After-hours: Dec 29, 2023, 7:16 PM EST
-0.15%
Market Cap 154.14B
Revenue (ttm) 26.83B
Net Income (ttm) 7.57B
Shares Out 535.18M
EPS (ttm) 14.07
PE Ratio 20.47
Forward PE 14.71
Dividend $9.00 (3.13%)
Ex-Dividend Date Feb 15, 2024
Volume 1,766,799
Open 287.86
Previous Close 288.46
Day's Range 286.39 - 288.49
52-Week Range 211.71 - 289.04
Beta 0.58
Analysts Buy
Price Target 283.40 (-1.6%)
Earnings Date Jan 30, 2024

About AMGN

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology, and neuroscience areas. The company's products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta that reduces the chance of infection due a low white blood cell count in patients cancer; Prolia to treat postmenopausal women with osteoporosis; Xgeva for skeletal-related events prevention; Otezla for the treatment o... [Read more]

Sector Healthcare
Founded 1980
Employees 25,200
Stock Exchange NASDAQ
Ticker Symbol AMGN
Full Company Profile

Financial Performance

In 2022, Amgen's revenue was $26.32 billion, an increase of 1.32% compared to the previous year's $25.98 billion. Earnings were $6.55 billion, an increase of 11.18%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for AMGN stock is "Buy." The 12-month stock price forecast is $283.4, which is a decrease of -1.60% from the latest price.

Price Target
$283.4
(-1.60% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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Things could hardly have gone worse for healthcare investors this year.

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5 days ago - Kiplinger

Amgen's NDA for Lumakras cancer treatment resulted in complete response letter

Amgen Inc. AMGN said Tuesday that the regulatory review of its supplemental new drug application seeking full approval of Lumakras resulted in a “complete response letter” from the U.S. Food and Drug ...

5 days ago - Market Watch

AMGEN PROVIDES REGULATORY UPDATE ON STATUS OF LUMAKRAS® (SOTORASIB)

FDA Has Issued New Postmarketing Requirement LUMAKRAS Dosing Confirmed at 960 mg Once-Daily for Patients With KRAS G12C-Mutated NSCLC Under Accelerated Approval THOUSAND OAKS, Calif. , Dec. 26, 2023 /...

5 days ago - PRNewsWire

Biotech stocks set for a rebound in 2024, analysts say

A more favorable interest-rate outlook, an uptick in deals, and innovations in key areas like cancer and immunology are setting up biotech for a brighter 2024, analysts say.

9 days ago - Market Watch

CORE Kidney Welcomes Amgen as Lead Sponsor of the 2024 Rose Parade® Kidney Float

LOS ANGELES--(BUSINESS WIRE)-- #Amgen--CORE Kidney welcomes Amgen as lead sponsor for their 2024 Rose Parade Float along with sponsors Baxter International Inc., DaVita Inc., and Travere.

10 days ago - Business Wire

Five obesity-drug trends to watch in 2024: Who can compete with Eli Lilly and Novo Nordisk?

The obesity drugs that powered huge investor gains in 2023 are poised to inspire more corporate dealmaking, scientific breakthroughs and better patient access in the year ahead, analysts say.

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11 days ago - Market Watch

Amgen shares rise as analysts see ‘value obesity play'

Shares of Amgen Inc. AMGN, +0.01% gained 1.1% premarket on Tuesday after BMO Capital Markets analysts upgraded the stock to outperform, from market perform, citing the company's “underappreciated” pot...

12 days ago - Market Watch

7 Dividend Stocks to Buy as Bond Yields Fall

Colgate-Palmolive, Amgen, and others have solid records of increasing dividend payments.

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13 days ago - Barrons

Wells Fargo's top pharma picks for 2024

Mohit Bansal, Wells Fargo Analyst, joins 'Closing Bell: Overtime' to discuss Wells Fargo's pharma picks for 2024.

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16 days ago - CNBC Television

AMGEN ANNOUNCES EXECUTIVE APPOINTMENTS TO ACCELERATE INNOVATION

James Bradner, M.D., Joins as Executive Vice President, Research and Development, and Chief Scientific Officer  David M.

17 days ago - PRNewsWire

AMGEN TO SPONSOR THE IRISH OPEN

Sponsorship of the Golf Event Continues Following Horizon Acquisition Golfers Shane Lowry, Pádraig Harrington, Séamus Power and Brendan Lawlor Will Become Amgen Golf Ambassadors THOUSAND OAKS, Calif. ...

17 days ago - PRNewsWire

FDA Grants Priority Review to Amgen's Tarlatamab Application for Advanced Small Cell Lung Cancer

Currently There are no Approved Therapeutic Options for Third-Line Treatment of Advanced SCLC1 If Approved, Tarlatamab Would be the First BiTE® Therapy for a Major Solid Tumor FDA Target Action Date i...

18 days ago - PRNewsWire

Amgen raises dividend to $2.25 a share

Amgen Inc. AMGN, +0.68% said late Tuesday its board has authorized a dividend of $2.25 a share, up from $2.13 a share. That's the 12th straight year that Amgen has increased its dividend, the company ...

19 days ago - Market Watch

AMGEN ANNOUNCES 2024 FIRST QUARTER DIVIDEND INCREASE TO $2.25 PER SHARE

THOUSAND OAKS, Calif. , Dec. 12, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.25 per share dividend for the first quarter of 2024.

19 days ago - PRNewsWire

3 Dividend Stocks for December 2023

#Morningstar  #Fidelity #DividendStocks The dividend prospects for three firms with economic moats. 00:00 Introduction 00:10 Amgen AMGN 00:56 Enbridge ENB 01:56 Fidelity National Information Services ...

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22 days ago - Morningstar

AMGEN HIGHLIGHTS HEMATOLOGY PORTFOLIO AT ASH 2023

Multiple Investigator Sponsored Studies Support the Potential of BLINCYTO®  (blinatumomab) Across Acute Lymphoblastic Leukemia Treatment Paradigm New Data Reinforce KYPROLIS® (carfilzomib) as an Impor...

23 days ago - PRNewsWire

Best Stocks to Buy Now

Our list of the best stocks to buy now reflect the lesson of the past few years: Be ready for anything.

4 weeks ago - Kiplinger

AMGEN TO PRESENT AT THE EVERCORE ISI HEALTHCONX CONFERENCE

THOUSAND OAKS, Calif. , Nov. 22, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the Evercore ISI HealthCONx Conference at 9:10 a.m.

5 weeks ago - PRNewsWire

New ETF invested in Ozempic maker and exposed to other obesity drugs falls in first day of trade

A new ETF hit the market Tuesday, creating buzz for its exposure to popular weight-loss drugs, while expanding the roster of thematic ETFs available for investors willing to pay up for stock-picking p...

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5 weeks ago - Market Watch

6 intriguing stocks investors should consider: Piper Sandler

The market has slightly rebounded, with some investors excited for a possible Santa Claus rally to close out the year. Piper Sandler's technical research team announced six stocks that are currently l...

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6 weeks ago - Yahoo Finance

AMGEN PRESENTS NEW CARDIOVASCULAR RESEARCH AT AHA 2023

New Repatha® (evolocumab) Data Show No Decline in Cognitive Function Associated With Very Low Levels of LDL-C Olpasiran Research Provides Further Insights Into Cardiovascular Risks Associated With Ele...

7 weeks ago - PRNewsWire

US Senator Elizabeth Warren expresses 'disappointment' in FTC's Amgen decision

Senator Elizabeth Warren, an antitrust hawk, expressed disappointment with the U.S. Federal Trade Commission's decision to allow pharmaceutical firm Amgen to move forward with its acquisition of Horiz...

7 weeks ago - Reuters

AMGEN PRESENTS NEW RESEARCH IN EARLY PSORIATIC ARTHRITIS AT ACR 2023

FOREMOST Study Finds Oral Otezla ®  (apremilast) Significantly Improved Disease Control vs. Placebo THOUSAND OAKS, Calif.

7 weeks ago - PRNewsWire