Forecast: (AMGN) for today October 27 & Weekly Forecast from 22 October to 28 October
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Forecast: (AMGN) for today October 27 & Weekly Forecast from 22 October to 28 October

Updated: October 27, 2023


Brief information about Amgen Inc.

Ticker: AMGN

Sector: Healthcare

Closing price of the last trading day: $269.71

Last trading day: 10/26/2023

Analyst forecast price: $251.76

52-week high/low: $257.97 / $195.38

Shares of Amgen Inc. are traded on the stock exchange under the ticker AMGN, marking their space in the competitive "Healthcare" sector. For stakeholders, tracking the dynamic price movement of AMGN is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of AMGN. The investors seeking up-to-date and accurate forecasts for Amgen Inc. shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for AMGN, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Healthcare", and broader market dynamics to present a holistic view of AMGN's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with Amgen Inc.'s stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing AMGN, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at ONE AMGEN CENTER DRIVE, THOUSAND OAKS, CA, US, this location serves as the primary hub for all corporate activities.

Amgen's Current Market Value: As of our last update, it's pegged at $131 220 890 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 534 200 000 shares of Amgen are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for Amgen stood at 12 892 000 000$. This figure provides insights into the company's operational profitability. With this positive EBITDA, Amgen showcases a favorable financial health.

The PE ratio according to the latest reporting is at around 24.25. P/E shows the investor how many years his investment in this business pays off. That is, investments in Amgen shares will pay off in about 25 years. A very long payback period of investments, shares should be considered not as an investment idea, but as a speculative one.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Amgen shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



Amgen stock forecast

When considering an investment in Amgen, prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2023, 2024, 2025, 2026, and 2027.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of Amgen in the subsequent years including 2023, 2024, 2025, 2026, and 2027?

What consensus have the analysts reached regarding the future performance of Amgen stock?

Is Amgen stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold Amgen shares in 2023?

Is 2023 the opportune moment to buy Amgen stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in Amgen stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of Amgen.

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on Amgen, coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of Amgen stock’s future performance.

Amgen Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for Amgen shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for Amgen stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Amgen shares. Our integrated forecast predicts a peak price of $298.66 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. An encouraging revelation, denoting an upside potential of 10.73% from the current standing.

On the flip side, the stock might plummet to a minimum of $266.89 within the same period. A decline of 1.06% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $298.66 and support at $266.89, indicating the oscillating nature of Amgen’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of Amgen amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of Amgen’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of Amgen shares. The anticipation is that the price will hover near the support level for 6 days. The support level at $266.89 appears to be resilient. A more pronounced fluctuation is anticipated, prompting a need for strategic reevaluation for investors.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of Amgen shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Oct 29 275.26 271.46 279.37 2.92
Oct 30 277.03 275.63 281.11 1.99
Oct 31 277.92 273.83 281.18 2.68
Nov 01 271.59 269.78 275.28 2.04
Nov 02 276.21 274.37 279.71 1.95
Nov 03 280.47 277.50 284.08 2.37
Nov 04 281.95 280.53 283.90 1.20
Nov 05 278.84 275.51 282.24 2.44
Nov 06 276.79 271.95 279.21 2.67
Nov 07 275.20 271.65 276.78 1.89
Nov 08 275.83 273.67 278.56 1.78
Nov 09 275.26 272.73 277.22 1.65
Nov 10 277.10 274.10 281.43 2.67
Nov 11 276.46 274.55 279.89 1.95
Nov 12 279.00 275.86 283.49 2.77
Nov 13 278.17 276.18 283.22 2.55
Nov 14 283.93 281.77 288.37 2.34
Nov 15 289.02 285.43 291.15 2.00
Nov 16 282.70 278.87 286.61 2.77
Nov 17 280.82 276.62 285.92 3.36
Nov 18 278.82 274.26 282.02 2.83
Nov 19 278.75 275.48 282.02 2.37
Nov 20 281.06 279.64 284.42 1.71
Nov 21 282.61 278.52 284.11 2.01
Nov 22 284.82 280.17 288.23 2.88
Nov 23 290.26 287.39 293.66 2.18
Nov 24 293.53 291.30 298.66 2.53
Nov 25 290.69 287.62 292.83 1.81
Nov 26 292.97 289.60 297.75 2.82
Nov 27 286.97 282.02 291.33 3.30

Amgen Stock Forecast 29 Oct.

Presumably, on 10/29/2023, the price of shares will be in the range of $271.46 - $279.37. A $7.91 range width can provide 2.92% volatility. The weighted average price of this range is at $275.26, which is $3.87 higher than the previous day's weighted average price.

Amgen Stock Forecast 30 Oct.

Presumably, on 10/30/2023, the price of shares will be in the range of $275.63 - $281.11. A $5.48 range width can provide 1.99% volatility. The weighted average price of this range is at $277.03, which is $1.77 higher than the previous day's weighted average price.

Amgen Stock Forecast 31 Oct.

Presumably, on 10/31/2023, the price of shares will be in the range of $273.83 - $281.18. A $7.35 range width can provide 2.68% volatility. The weighted average price of this range is at $277.92, which is $0.89 higher than the previous day's weighted average price.

Amgen Stock Forecast 01 Nov.

Presumably, on 11/01/2023, the price of shares will be in the range of $269.78 - $275.28. A $5.50 range width can provide 2.04% volatility. The weighted average price of this range is at $271.59, which is $6.33 lower than the previous day's weighted average price.

Amgen Stock Forecast 02 Nov.

Presumably, on 11/02/2023, the price of shares will be in the range of $274.37 - $279.71. A $5.34 range width can provide 1.95% volatility. The weighted average price of this range is at $276.21, which is $4.62 higher than the previous day's weighted average price.

Amgen Stock Forecast 03 Nov.

Presumably, on 11/03/2023, the price of shares will be in the range of $277.50 - $284.08. A $6.58 range width can provide 2.37% volatility. The weighted average price of this range is at $280.47, which is $4.26 higher than the previous day's weighted average price.

Amgen Stock Forecast 04 Nov.

Presumably, on 11/04/2023, the price of shares will be in the range of $280.53 - $283.90. A $3.37 range width can provide 1.20% volatility. The weighted average price of this range is at $281.95, which is $1.48 higher than the previous day's weighted average price.

Amgen Stock Forecast 05 Nov.

Presumably, on 11/05/2023, the price of shares will be in the range of $275.51 - $282.24. A $6.73 range width can provide 2.44% volatility. The weighted average price of this range is at $278.84, which is $3.11 lower than the previous day's weighted average price.

Amgen Stock Forecast 07 Nov.

Presumably, on 11/07/2023, the price of shares will be in the range of $271.65 - $276.78. A $5.13 range width can provide 1.89% volatility. The weighted average price of this range is at $275.20, which is $1.59 lower than the previous day's weighted average price.

Amgen Stock Forecast 08 Nov.

Presumably, on 11/08/2023, the price of shares will be in the range of $273.67 - $278.56. A $4.88 range width can provide 1.78% volatility. The weighted average price of this range is at $275.83, which is $0.63 higher than the previous day's weighted average price.

Amgen Stock Forecast 09 Nov.

Presumably, on 11/09/2023, the price of shares will be in the range of $272.73 - $277.22. A $4.50 range width can provide 1.65% volatility. The weighted average price of this range is at $275.26, which is $0.57 lower than the previous day's weighted average price.

Amgen Stock Forecast 10 Nov.

Presumably, on 11/10/2023, the price of shares will be in the range of $274.10 - $281.43. A $7.33 range width can provide 2.67% volatility. The weighted average price of this range is at $277.10, which is $1.84 higher than the previous day's weighted average price.

Amgen Stock Forecast 11 Nov.

Presumably, on 11/11/2023, the price of shares will be in the range of $274.55 - $279.89. A $5.34 range width can provide 1.95% volatility. The weighted average price of this range is at $276.46, which is $0.64 lower than the previous day's weighted average price.

Amgen Stock Forecast 12 Nov.

Presumably, on 11/12/2023, the price of shares will be in the range of $275.86 - $283.49. A $7.64 range width can provide 2.77% volatility. The weighted average price of this range is at $279.00, which is $2.54 higher than the previous day's weighted average price.

Amgen Stock Forecast 13 Nov.

Presumably, on 11/13/2023, the price of shares will be in the range of $276.18 - $283.22. A $7.04 range width can provide 2.55% volatility. The weighted average price of this range is at $278.17, which is $0.83 lower than the previous day's weighted average price.

Amgen Stock Forecast 14 Nov.

Presumably, on 11/14/2023, the price of shares will be in the range of $281.77 - $288.37. A $6.60 range width can provide 2.34% volatility. The weighted average price of this range is at $283.93, which is $5.76 higher than the previous day's weighted average price.

Amgen Stock Forecast 15 Nov.

Presumably, on 11/15/2023, the price of shares will be in the range of $285.43 - $291.15. A $5.72 range width can provide 2.00% volatility. The weighted average price of this range is at $289.02, which is $5.09 higher than the previous day's weighted average price.

Amgen Stock Forecast 16 Nov.

Presumably, on 11/16/2023, the price of shares will be in the range of $278.87 - $286.61. A $7.74 range width can provide 2.77% volatility. The weighted average price of this range is at $282.70, which is $6.32 lower than the previous day's weighted average price.

Amgen Stock Forecast 17 Nov.

Presumably, on 11/17/2023, the price of shares will be in the range of $276.62 - $285.92. A $9.30 range width can provide 3.36% volatility. The weighted average price of this range is at $280.82, which is $1.89 lower than the previous day's weighted average price.

Read more

Amgen monthly stock forecast for 2023, 2024, 2025, 2026, 2027.

Table of forecasts for 2023.
Month Target Pes. Opt. Vol., %
Nov. 295.28 273.31 303.43 9.93
Dec. 311.93 303.32 322.79 6.03

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing Amgen's performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of Amgen share’s value is anticipated to touch $322.79, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $273.31, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of Amgen stocks.

Anticipated Trends: Amgen (AMGN) Monthly Stock Trajectory for 2024

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Jan 320.54 303.62 339.39 10.54
Feb 321.70 313.59 341.38 8.14
Mar 322.85 312.01 332.54 6.17
Apr 308.91 285.18 318.92 10.58
May 293.71 285.60 317.68 10.10
Jun 303.58 278.81 314.87 11.45
Jul 285.36 274.40 298.38 8.03
Aug 273.03 265.83 299.25 11.17
Sep 274.35 260.52 294.43 11.52
Oct 274.02 252.31 294.40 14.30
Nov 258.23 246.77 278.07 11.26
Dec 261.64 245.94 281.74 12.70

Amgen (AMGN) Monthly Stock Prediction for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 282.68 267.41 296.25 9.73
Feb 287.77 264.28 304.00 13.06
Mar 280.86 272.10 303.78 10.43
Apr 277.15 254.87 297.77 14.41
May 285.47 264.91 302.25 12.35
Jun 275.19 256.37 295.00 13.10
Jul 248.44 238.60 268.12 11.01
Aug 254.11 233.68 276.67 15.54
Sep 235.81 219.68 242.88 9.55
Oct 231.00 221.85 240.70 7.83
Nov 232.94 226.79 252.23 10.08
Dec 254.46 234.31 277.06 15.43



Amgen (AMGN) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 262.71 253.25 281.62 10.07
Feb 257.03 247.47 269.68 8.23
Mar 263.51 240.43 278.69 13.73
Apr 261.93 244.96 281.42 12.96
May 257.84 242.37 273.93 11.52
Jun 281.36 254.69 297.23 14.31
Jul 273.26 257.84 285.06 9.55
Aug 287.03 271.53 301.49 9.94
Sep 299.43 283.98 310.21 8.46
Oct 332.48 318.12 350.84 9.33
Nov 314.53 286.22 340.20 15.87
Dec 314.53 303.96 330.38 8.00

Amgen (AMGN) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 309.62 302.19 336.75 10.26
Feb 314.83 289.51 324.27 10.72
Mar 322.76 303.78 349.87 13.17
Apr 304.17 278.62 321.32 13.29
May 312.56 301.69 330.94 8.84
Jun 296.06 285.76 309.21 7.58
Jul 304.59 291.06 322.50 9.75
Aug 319.94 304.58 332.22 8.32
Sep 344.89 313.44 353.17 11.25
Oct 370.97 348.26 397.68 12.43
Nov 415.48 401.02 447.89 10.46
Dec 400.53 364.96 424.08 13.94


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.