NASDAQ:AMGN
Amgen Inc. (AMGN)
Financials 
Technical Analysis 
Jul 5, 2026, 12:00 amThis summary was created by AI, based on 17 opinions in the last 12 months.
Amgen Inc. (AMGN) is highly regarded among experts for its stable management and well-executed innovative pipeline, featuring 15 products that have demonstrated double-digit revenue growth. Multiple analysts highlight the company's promising GLP-1 weight-loss drug currently in phase 3 testing, pointing to its potential as a game-changer in the market. Despite some concerns about slower growth compared to peers, many see AMGN as a safer investment within the biotech sector, especially given its reasonable forward P/E ratio below 20x and attractive dividend yield, which is around 3.23% to 3.46%. The stock appears to be breaking out to new highs and has recently been upgraded, reinforcing the belief in its upward trajectory as the industry evolves. Overall, AMGN is considered a solid holding for investors looking for exposure to large-cap biotech, particularly with strong earnings potential and an optimistic outlook steering toward 2027.
He bought it last week to diversify and get more exposure in pharmaceuticals. They report next week. Compare to Abbvie which just surprised with drug sales. There's some FT overhang, but shares have been bottoming out recently. If they announce good results, investors will chase this next week.
Gordon Reid
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Brian Acker, CAPremium contentAndrew Pyle
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A long-term fine business and just reported good earnings. It's not in tech or industrials, so it has more stickiness. They made positive plans in their drug pipeline. Seasonally, now is the right time to buy biotech
(Analysts’ price target is $256.05)