AMGEN Inc.

AMGEN Inc.

AMGN

Get informed when a big investor buys or sells

+ Follow
Market Cap$181.77B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
AMGEN Inc.AMGEN Inc.23.32.91%85%56.2

Earnings Call Q1 2026

April 30, 2026 - AI Summary

Strong Q1 Performance: Amgen reported a solid first quarter in 2026, with product sales increasing by 4% YOY, driven by strong growth from six key growth drivers which collectively contributed 70% of total sales and grew by 24%. Notable products included Repatha (sales up 34% YOY), Evenity (up 27% YOY), and Test Buyer (up 20% YOY).
Pipeline Development and Meritide Expectations: The focus for 2026 includes the rollout of Meritide, aimed at treating obesity and related conditions. The company is initiating Phase III studies for switching patients from weekly injectables to less frequent dosing with Meritide, potentially expanding market share. This anticipated shift may position it as a first-line treatment, benefiting patients who have struggled with treatment adherence due to frequency and inconvenience.
Raising Guidance for 2026: Amgen has adjusted its 2026 revenue guidance up to a range of $37.1 billion to $38.5 billion, with non-GAAP EPS forecasts also raised to between $21.70 and $23.10. This revision indicates confidence in emerging growth drivers effectively offsetting losses from patent expirations.

Exclusive for Stockcircle Pro members

Sign upSign Up
$341.87

Target Price by Analysts

1.1% upsideAMGEN Target Price DetailsTarget Price
$880.24

Current Fair Value

160.3% upside

Undervalued by 160.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$181.77 Billion
Enterprise Value$227.05 Billion
Dividend Yield$10.08 (2.91%)
Earnings per Share$14.33
Beta0.44
Outstanding Shares540,000,000

Return

Return on Equity84.87%ROE
Return on Assets8.43%
Return on Invested Capital17.46%

Valuation & Multiples

P/E Ratio23.32P/E Ratio
PEG453.23PEG
Price to Sales4.97Price to Sales
Price to Book Ratio19.9Price to Book Ratio
Enterprise Value to Revenue6.1
Enterprise Value to EBIT19.25
Enterprise Value to Net Income29
Total Debt to Enterprise0.25
Debt to Equity6.24Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 7, 2026
EPS Estimate
$4.74
Average shareholder expectation
Revenue Estimate
$8.57 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 4, 2026
EPS Estimate
$5.55
Average shareholder expectation
Revenue Estimate
$9.43 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8462 10.49%
Total Calls4,327,550 22.65%
Total Puts3,661,833 31.18%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %79.55% 1.53%
Total Invested$150.40B 5.22%
Investors Holding3,191 12.00%

ESG Score

No data

About AMGEN Inc.

22,000 employees
CEO: Robert Bradway

Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advan...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, which directly influences corporate tax structures, capital investment incentives, and Amgen's overall tax burden and financial strategy.

Finance

This is a critical committee for Amgen, controlling taxation, trade, and entitlement spending like Medicare and Medicaid. Its decisions on drug pricing and reimbursement policies for these programs directly impact Amgen's revenue and profitability.

Appropriations

This committee determines the precise allocation of federal spending, including funding for the NIH, FDA, and major healthcare programs (e.g., Medicare/Medicaid purchasing), directly impacting Amgen's R&D environment and customer base.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA, which is critical for drug approval, and oversees NIH funding, which impacts research. These are central to Amgen's discovery, development, and market access.

Judiciary

Intellectual property (patents) is foundational to the biotechnology industry. This committee's oversight of antitrust laws and intellectual property directly impacts Amgen's core business model, R&D protection, and potential M&A activities.