Insider buying last 90 days
No open-market insider purchases were filed for AMGN in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every AMGN insider filing, plotted on the chart in Gekko.Open AMGN in Gekko
NASDAQ: AMGN
Amgen (AMGN) Stock Analysis & Forecast
Nov 4 close
$478.48+17.22 (+3.7%)
Gekko Brief
AI summaryNov 4 closeAmgen reported third-quarter 2026 results that beat EPS and revenue estimates, and the company raised its 2026 guidance. Growth products including Repatha, EVENITY, TEZSPIRE and IMDELLTRA, along with Rare Disease, Innovative Oncology and Biosimilars, are offsetting steep declines in Prolia and Xgeva, and the pipeline shows positive Phase 3 results, with MariTide obesity data cited as a coming catalyst. Shares advanced 3.7% on the day to close at $478.48, breaking a two-day losing streak, though coverage noted the stock underperformed competitors despite the gain, and at least one price target was raised to $428.54 with a "Hold" consensus.
AMGN trades at $478.48, above both its 50-day average of $421.56 and 200-day average of $376.86, with the 50-day above the 200-day, and sits near its 52-week high of $482.48. The GekkoIndex reads 43.5, placing the stock in the Distribution zone. Despite the strong trend, price remains 18.1% below Gekko Fair Value of $584.53.
The next earnings date falls on 2 February 2027, 89 days away and outside a typical 20-trading-day hold. Over the last 90 days, Congress recorded 2 buys and 0 sells. Seasonally, the next 20 trading days have averaged a 1.1% return over 5 years, rising in 3 of them. Analyst views remain mixed, with 9 buy, 16 hold and 1 sell ratings among 26 firms, and a consensus target of $397.32 implying downside versus the current price.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Amgen price vs fair value
Close $478.48200-day averageGekko Fair Value $584.53
Amgen quick facts
- Market cap
- $258.7B
- P/E ratio
- 28.9
- Forward P/E
- 18.9
- EPS, TTM
- $16.10
- Revenue, TTM
- $38.10B
- Profit margin
- 23%
- Dividend yield
- 2.10%
- Beta
- 0.42
- Volume
- 4.46M avg 2.61M
- 1-year return
- +61.5%
- Typical daily move
- ±2.4%
- Typical 20-day move
- ±5%
- 50-day average
- $421.56
- 200-day average
- $376.86
- Next earnings
- Feb 2 after close
- Shares outstanding
- 540.6M
Amgen swing-trade checklist
Amgen scores 5 supportive, 0 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive0 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $478.48 is above the 50-day ($421.56) and 200-day ($376.86) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexheadwind
43.5, Distribution
Reading 43.5 is in the Distribution zone.
See the GekkoIndex - Fair valuesupportive
18.1% below
Price is 18.1% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 2 buys / 0 sales.
See smart money - Earnings risksupportive
Reports in 89 days
Next report Feb 2, 2027, 89 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+1.1% on average
From this point in the calendar, the next 20 trading days averaged +1.1% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Amgen stock chart and price history
Amgen closed at $478.48 on Nov 4, 2026, +61.5% over the past year, inside a 52-week range of $294.48 to $482.48.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +18.8%
- 3 months
- +18.2%
- 6 months
- +44.5%
- 1 year
- +61.5%
The full AMGN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AMGN in Gekko
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About Amgen
Amgen develops medicines built on biological research, covering areas such as inflammation, cancer and blood disorders, bone conditions, heart and kidney disease, and brain-related illness. It is known for a wide roster of treatments, among them Enbrel for psoriasis and arthritis, Neulasta for infection risk during cancer treatment, Prolia for bone loss, Otezla for plaque psoriasis, and Repatha for reducing heart attack and stroke risk, alongside many other approved drugs.
Its medicines reach patients through healthcare providers such as doctors' offices, hospitals, dialysis centers and pharmacies, with products moving through pharmaceutical wholesalers as well as direct channels to patients. Amgen also works with other companies on research and drug development, including partnerships with firms such as Novartis, UCB, Bayer, BeiGene, Eli Lilly, Verastem and Kyowa Kirin, exploring new treatment combinations and antibody therapies for conditions like lung cancer and atopic dermatitis, alongside further research ties with Neumora Therapeutics.
Amgen was established in 1980 and is based in Thousand Oaks, California. Its shares are listed on the NASDAQ under the ticker AMGN.
- Listed
- NASDAQ
- Sector
- Health technology
- Industry
- Biotechnology
- Website
- amgen.com
Amgen GekkoIndex: the smart money zone
Amgen’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 43.5, in the Distribution zone, down 5.7 points over five sessions.
43.5Distribution
Down 5.7 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 25 | −1.0% | −5.2% | ||
| Accumulation | 207 | +0.6% | +2.2% | ||
| Neutral | 411 | +0.3% | +1.8% | ||
| Distribution (current zone) | 46 | +0.9% | −2.3% | ||
| Selling | 8 | Too few readings yet | |||
Average AMGN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Distribution zone: Institutions potentially offloading. About the five zones →
See every daily GekkoIndex reading plotted over the AMGN price, zone by zone.Track AMGN in Gekko
Is Amgen stock overvalued? Gekko Fair Value
Amgen trades 18.1% below Gekko Fair Value of $584.53, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Amgen shares are worth, recalculated every trading day.
$584.53
Gekko Fair Value, Nov 4, 2026
18.1% Undervalued
At the end of Aug 2026 the price was 30.2% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open AMGN in Gekko
Amgen insider and Congress trading
No open-market insider purchases were filed for Amgen, and members of Congress disclosed 2 purchases and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
2trades disclosed: 2 purchases and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| David Taylor House, OH, purchase | $1,001 - $15,000 | Oct 2 traded Sep 22 |
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Oct 9 traded Sep 4 |
From congressional disclosures, which report amounts as ranges.
Buybacks
Amgen has been buying back its own shares.
- Bought back, quarter ended Dec 31, 2024
- $200.0M
- As a share of market cap
- 0.08%
From company filings.
Hedge funds and billionaires quarter ended Sep 30
0of the funds Gekko tracks hold AMGN.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Amgen earnings: next date and track record
Amgen reports on Feb 2, 2027, after the close (89 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Feb 2, 2027
Expected after the close, 89 days away
- EPS estimate
- $5.79
- Revenue estimate
- $10.28B
7 of 8reports beat the EPS estimate
±5.1%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 4, 2026 AI summary
- What they said
- Amgen's Q2 2026 earnings call highlighted strong financial and operational performance driven by its six key growth drivers: Repatha, EVENITY, TEZSPIRE, Rare Disease, Innovative Oncology, and Biosimilars. Total revenues exceeded $10 billion, up 10% year-over-year; 22 products delivered double-digit sales growth, and 17 products annualized over $1 billion. Management emphasized robust operating margins (48% non-GAAP), $3.5 billion free cash flow, and continued investment in R&D (+10% YoY) and capital expenditures (~$2.6B expected for 2026). The call reviewed pipeline progress: Repatha (VESALIUS-CV results, EU label expansion), Olpasiran (Lp(a) program with OCEAN(a) Phase III), MariTide (monthly/quarterly dosing potential; Phase III progress), dazodalibep (CD40L program in Sjögren's with Phase III underway), IMDELLTRA advancement and monitoring reductions, and other late-stage assets. Management reiterated BD strategy focused on small, early-stage assets in core therapeutic areas and capital allocation flexibility. CFO Peter Griffith announced retirement; Thomas Dittrich will be incoming CFO. Key metrics and themes: durable growth through loss of exclusivity, broad-based portfolio strength, prioritization of innovation investment, manufacturing scale-up, and shareholder returns (dividends and buybacks suggested).
- Guidance
- Company provided explicit operational guidance points: expected capital expenditures of approximately $2.6 billion in 2026. No specific revenue or EPS numeric guidance provided on the call beyond Q2 results and qualitative expectations for continued durable growth and increased patient reach in H2 2026.
- Risks flagged
- Mentioned challenges include competition from new entrants (e.g., oral PCSK9), pricing pressure (noted for Otezla and 340B exposure), operational complexity for therapies requiring monitoring (IMDELLTRA), clinical development risks (endpoint sensitivity for symptomatic Sjögren's; safety monitoring for dazodalibep), and dependence on successful late-stage trials (MariTide, Olpasiran, dazodalibep).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 4, 2026 | $6.29 est $5.60 | $10.05B est $9.43B | +7.6% |
| Apr 30, 2026 | $5.15 est $5.16 | $8.62B est $8.58B | −2.4% |
| Feb 3, 2026 | $5.29 est $4.72 | $9.87B est $9.47B | +6.2% |
| Nov 4, 2025 | $5.64 est $5.02 | $9.56B est $8.97B | +8.0% |
| Aug 5, 2025 | $6.02 est $5.28 | $9.17B est $8.94B | −5.7% |
| May 1, 2025 | $4.90 est $4.27 | $8.15B est $8.06B | −3.3% |
| Feb 4, 2025 | $5.31 est $5.08 | $9.09B est $8.88B | +6.6% |
| Oct 30, 2024 | $5.58 est $5.11 | $8.50B est $8.50B | +1.3% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Amgen stock forecast and analyst price targets
Analysts’ average 12-month price target for Amgen is $397.32, −17.0% from the last close, from 26 firms rating the stock in the last 90 days.
$397.32consensus 12-month target, −17.0% from the last close
Now $478.48Avg $397.32
Low $347High $536
Each firm’s latest rating in the last 90 days: 26 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 4 | Wells Fargo | $460 | −3.9% |
| Nov 4 | Morgan Stanley | $410 | −14.3% |
| Nov 4 | Bank of America Securities | $347 | −27.5% |
| Nov 4 | TD Cowen | $531 | +11.0% |
| Nov 4 | Scotiabank | $530 | +10.8% |
−2.3%average 20-day move after past Distribution readings
+1.1%average move over the next 20 trading days in the last 5 years
±2.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Amgen seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Amgen averaged +1.1% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.8% | 3 of 5 |
| Next 10 trading days | +0.8% | 2 of 5 |
| Next 15 trading days | +0.9% | 2 of 5 |
| Next 20 trading days | +1.1% | 3 of 5 |
| Next 30 trading days | −0.4% | 3 of 5 |
For scale, AMGN’s typical 20-trading-day move in either direction is about 5%.
Amgen market cap and key statistics
Amgen’s market cap is $258.7B, with a P/E ratio of 28.9 and revenue of $38.10B over the last twelve months.
Valuation
- Market cap
- $258.7B
- P/E ratio
- 28.9
- Forward P/E
- 18.9
- EPS, TTM
- $16.10
- Gekko Fair Value
- $584.53
Trading
- Volume
- 4.46M
- Avg volume, 20 days
- 2.61M
- 52-week high
- $482.48
- 52-week low
- $294.48
- Shares outstanding
- 540.6M
Financials
- Revenue, TTM
- $38.10B
- Profit margin
- 23%
- Return on equity
- 91.5%
- Quarterly earnings growth, YoY
- +64.9%
Risk and income
- Beta
- 0.42
- Typical daily move
- ±2.4%
- Typical 20-day move
- ±5%
- Dividend yield
- 2.10%
Amgen stock news this week
Coverage of Amgen this week reads positive: 12 positive, 3 neutral and 4 negative headlines.
- Amgen earnings analysis: questions answered and next catalystsYahoo Finance Singapore, Nov 4
- Amgen Analyst Likes Diversified Business, Remains Patient Until MariTide Obesity DataBenzinga, Nov 4
- Amgen Inc. stock underperforms Wednesday when compared to competitors despite daily gainsMarketWatch, Nov 4
- Rare Disease Treatment Patents after Amgen: Can Claims Cover Untested Genetic Mutations?IPWatchdog, Nov 4
- $1000 Invested In Amgen 15 Years Ago Would Be Worth This Much TodayBenzinga, Nov 4
- AMGN Q3 Earnings Call Highlights Pipeline and Raised OutlookZacks Investment Research, Nov 4
Amgen peers
Amgen’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GILDGilead Sciences | Distribution | 12.0% above |
| MRNAModerna | Neutral | 54.9% above |
| NTRANatera | Neutral | 0.8% below |
| IQVIQVIA | Neutral | 2.4% above |
| UTHRUnited Therapeutics | Distribution | 9.1% below |
| NBIXNeurocrine Biosciences | Distribution | 31.9% below |
A peer links to its own page where one exists.
Amgen stock FAQ
What is Amgen’s market cap?
Amgen’s market cap is $258.7B at the Nov 4, 2026 close of $478.48, with 540.6M shares outstanding. The shares trade on a P/E ratio of 28.9.
What is the Amgen stock forecast?
The consensus analyst 12-month price target for Amgen is $397.32, −17.0% from the last close. Of the 26 firms that rated the stock in the last 90 days, 9 rate it a buy, 16 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Amgen stock overvalued or undervalued?
On Gekko’s estimate Amgen is undervalued: the Nov 4, 2026 close of $478.48 is 18.1% below Gekko Fair Value of $584.53. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Amgen report earnings next?
Amgen is expected to report on Feb 2, 2027, after the market closes (89 days away). Analysts expect earnings of $5.79 per share on revenue of $10.28B. Amgen beat the earnings estimate in 7 of its last 8 reports, moving 5.1% on average across the report.
What is Amgen’s 52-week high and low?
Amgen’s 52-week high is $482.48 and its 52-week low is $294.48; it closed at $478.48 on Nov 4, 2026, +61.5% over the past year.
Is Amgen stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (trend, fair value, smart money, earnings risk and seasonality) and 1 as a headwind (gekkoindex). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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