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Amgen AMGN

US equityMarket cap rank #67CAR-T Therapy
$404.52
−$1.57 (-0.39%)
Market open · Sep 24, 1:10 pm ET
After hours $405.00 -0.27%
Open$406.09
Prev close$406.09
Day range$403.88 – $409.99
Volume626.8K
Market cap$218.69B
P/E (TTM)25.1
Dividend yield2.42%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

AMGN at a glance

Amgen (AMGN) is trading at $404.52, down 0.39% on the day. Its market value of $218.69B makes it the 67th largest of the 300 companies we follow.

Over the past 52 weeks it has traded between $263.36 and $447.03, so it sits 9.5% below the top of that range. Holders are ahead 48.9% over twelve months, and up 15.8% across the last three months.

On the chart it holds above both the 50-day ($401.75) and 200-day ($357.52) moving averages; RSI is 55, and the last 30 sessions moved at roughly 40% annualized volatility.

Revenue for the quarter ended Jun 2026 was $10.05B, up 9.5% from a year earlier, with $2.38B of net profit (a 23.0% margin).

Valuation works out to 25.1 times trailing earnings, 5% below its five-year average of 26.6. The median for its industry group is 20.9.

16 analysts follow the stock and the average call is "buy". The mean target, $413.29, sits 2.2% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Amgen: the business

Amgen is a biotech company with established drugs in bone health, inflammation, cardiovascular disease and oncology, plus a growing biosimilars business.

What tends to move it. Patent expirations on older drugs, the rollout of its obesity candidate and pricing pressure from Medicare shape the outlook.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.4%
1 week
+7.5%
1 month
-8.9%
3 months
+15.8%
6 months
+17.7%
Year to date
+26.1%
1 year
+48.9%
Day range
$403.88$409.99
52-week range
$263.36$447.03

Technical signals

Full technicals →
Trend readLeaning bullish

4 bullish · 3 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-0.9%Bearish
Price vs 50-day average+0.7%Bullish
Price vs 200-day average+13.1%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)55.1Bullish
MACD (12,26,9)-4.23Bearish
Bollinger band position47%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$404.45 / $404.59
Average price today$406.37
Volume626.8KAvg (90d) 2.74M
Turnover$254.73M
Turnover rate0.12%of shares outstanding
Volume ratio0.26vs. recent average pace
Day amplitude1.51%
Market cap$218.69B
Float market cap$218.10B
Shares outstanding539.16M
EPS (TTM)$14.23
P/E (TTM)25.12
P/B18.71
Book value / share$21.62
Earnings yield0.74%
Dividend (TTM)$9.80 / shareYield 2.42%
Net profit (TTM)$7.69B
Net assets$11.69B
30-day volatility40.2%annualized
Avg daily range (ATR)2.86%of price, 14 days
Max drawdown (1y)-16.6%-8.9% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How AMGN ranks on BeStock

Market value#67 of 300
P/E (cheapest = 1)#155 of 283
Dividend yield#86 of 244
Closeness to 52-week high#101 of 300
Dollar volume today#135 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$10.05B+9.5% YoY
Operating profit$3.51B+32.3% YoY
Net profit$2.38B+65.9% YoY
Diluted EPS$4.37+64.9% YoY
Free cash flow$3.49B+82.6% YoY
Operating cash flow$4.00B

Revenue, last 8 quarters

$8.5BSep '24$9.1BDec '24$8.1BMar '25$9.2BJun '25$9.6BSep '25$9.9BDec '25$8.6BMar '26$10.1BJun '26

Net profit, last 8 quarters

$2.8BSep '24$627.0MDec '24$1.7BMar '25$1.4BJun '25$3.2BSep '25$1.3BDec '25$1.8BMar '26$2.4BJun '26

Profitability & balance sheet

Gross margin69.5%
Operating margin30.0%
Net margin23.0%
Return on equity91.5%
Return on assets9.5%
Return on invested capital16.6%
Current ratio1.37
Liabilities / assets87.8%
Cash & investments$13.99B
Total debt$57.30B
Net cash (debt)-$43.32B
Free cash flow / sales26.7%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Other$3.28B 32.6%
  • Other products$1.70B 16.9%
  • Repatha$953.00M 9.5%
  • Prolia$759.00M 7.5%
  • EVENITY$714.00M 7.1%
  • Enbrel$580.00M 5.8%
  • TEPEZZA$576.00M 5.7%
  • Other revenues$517.00M 5.1%
  • Otezla$491.00M 4.9%
  • TEZSPIRE$486.00M 4.8%
Average move on report day±4.7%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+11.8%
Worst reaction-6.4%

Stock move on the day after each report

+1.5%2024/Q3+6.5%2024/Q4-0.9%2025/Q1-5.1%2025/Q2+7.8%2025/Q3+8.2%2025/Q4-4.7%2026/Q1+4.6%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings23.6x
CheapRich

Around its usual level · 51st percentile, 5-year average 26.6x

#1786 of 2978 stocks by PE (1 = cheapest)

Price / book17.5x
CheapRich

Near the bottom of its 5-year range · 8th percentile, 5-year average 32.0x

#5061 of 5303 stocks by PB (1 = cheapest)

Price / sales5.4x
CheapRich

Above its usual level · 75th percentile, 5-year average 5.1x

#3912 of 5143 stocks by PS (1 = cheapest)

P/E over five years

11x27x43x59xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$342.00
Price vs. fair value+18.3%Trading above the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts16
Average target$413.29+2.2% vs. price
  • Buy 56%
  • Hold 31%
  • Sell 13%
Low $230.00Now $404.52Avg $413.29High $460.00

Latest rating actions

  • 9 Sep 2026HSBCHOLD · PT $425.00
  • 9 Sep 2026ScotiabankBUY · PT $450.00
  • 9 Sep 2026CitiHOLD · PT $405.00
  • 8 Sep 2026William BlairBUY
  • 8 Sep 2026BofA SecuritiesSELL · PT $317.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership84.0%-0.04 pts vs. prior quarter
Institutions holding3,580-3 vs. prior quarter
Insider trades (recent)22 buys / 11 sellsNet buying
Short interest2.40% of floatDays to cover 5.6 · as of 31 Aug 2026
Short-sale volume share14.1%5-day average of daily volume

Short-sale volume as % of daily volume

9%13%18%22%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$84.15M (6 inflow days, 14 outflow days).

Dividends

Dividend yield (TTM)2.42%
Last dividend$2.52Ex-date 21 Aug 2026
Next-to-last$2.52
Payments on file40

Dividends paid per share, by year

5.2820185.8020196.4020207.0420217.7620228.5220239.0020249.522025

Across the full calendar years shown, the annual payout grew by roughly 8.8% a year.

Latest headlines

More news →
  • Scotiabank Maintains Amgen(AMGN.US) With Buy Rating, Maintains Target Price $450Market news · 9 Sep 2026
  • A Quick Look at Today's Ratings for Amgen(AMGN.US), With a Forecast Between $317 to $452Market news · 9 Sep 2026
  • Citi Maintains Amgen(AMGN.US) With Hold Rating, Maintains Target Price $405Market news · 9 Sep 2026
  • Truist Financial Maintains Amgen(AMGN.US) With Hold RatingMarket news · 8 Sep 2026
  • Piper Sandler Maintains Amgen(AMGN.US) With Buy Rating, Maintains Target Price $457Market news · 8 Sep 2026
  • Setback for the second time in a week! Novartis (NVS.US) sees its blockbuster heart disease drug fail in Phase III trials, causing a sharp drop in share price; Amgen (AMGN.US) suffers collateral damage.Zhitong Finance · 7 Sep 2026

AMGN stock: common questions

How is Amgen stock doing today?

$404.52 is the latest print for AMGN, a move of -0.39% against yesterday's close of $406.09. Today's low and high so far: $403.88 and $409.99.

How big is Amgen?

Equity value comes to $218.69B at the current price. By that measure it is number 67 of the 300 names in our coverage.

How is Amgen valued against its profits?

Buyers pay 25.1 times the last twelve months of profit (EPS $14.23). Averaged over five years the multiple has been 26.6, and today's level ranks in the 51st percentile of its own history.

How far is AMGN from its yearly high?

The year's floor is $263.36 and the ceiling $447.03. Shares are 9.5% away from that ceiling.

Are there dividends on Amgen shares?

It does. Payouts over the past twelve months work out to a 2.42% yield; the latest ex-dividend date was August 21, 2026.

Do Wall Street analysts like AMGN?

Of 16 analysts, 56% say buy, 31% hold and 13% sell. Price targets average $413.29, with the most cautious at $230.00 and the most optimistic at $460.00.

How does Amgen make money?

Amgen is a biotech company with established drugs in bone health, inflammation, cardiovascular disease and oncology, plus a growing biosimilars business.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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