Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Amgen (AMGN) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Amgen is $321.07. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $380.00 ,the lowest forecast is $215.00. The average price target represents 4.93% Increase from the current price of $305.99.
What is the stock market forecast for Amgen in 2024? ›According to our current AMGN stock forecast, the value of AMGEN shares will rise by 2.76% and reach $ 314.43 per share by June 24, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear).
Is amgn a good stock to buy now? ›Amgen Inc.'s market capitalization is $159.97 B by 536.44 M shares outstanding. Is Amgen stock a Buy, Sell or Hold? Amgen stock has received a consensus rating of buy. The average rating score is Baa1 and is based on 35 buy ratings, 25 hold ratings, and 9 sell ratings.
What is the price target for AMG? ›| High | $51.60 |
|---|---|
| Median | $28.51 |
| Low | $23.65 |
| Average | $33.07 |
| Current Price | €19.19 |
| High | $380.00 |
|---|---|
| Median | $324.79 |
| Low | $170.00 |
| Average | $317.12 |
| Current Price | $307.38 |
AMGN Stock 12 Month Forecast
Based on 20 Wall Street analysts offering 12 month price targets for Amgen in the last 3 months. The average price target is $320.80 with a high forecast of $380.00 and a low forecast of $215.00. The average price target represents a 5.17% change from the last price of $305.02.
Based on short-term price targets offered by 22 analysts, the average price target for Amgen comes to $315.27. The forecasts range from a low of $170.00 to a high of $380.00. The average price target represents an increase of 3.03% from the last closing price of $305.99.
What is the prediction for AMG stock? ›AMG Stock Forecast FAQ
Based on analyst ratings, Affiliated Managers Group's 12-month average price target is $194.20. Affiliated Managers Group has 25.06% upside potential, based on the analysts' average price target.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding AMG to their portfolios.
Why is AMG so expensive? ›The price tag is higher, so is it truly worth it? Many shoppers say yes it is. Every AMG® engine is handcrafted by skilled workers, molded for the model they're installed in. These engines are notoriously more powerful and better-performing than 'normal' models.
Why to invest in Amgen? ›
The financial health and growth prospects of AMGN, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
What is the earnings forecast for Amgen? ›What is AMGN EPS forecast? AMGN EPS forecast for the fiscal quarter 2024 (Q2) is $4.97.
How often does Amgen pay dividends? ›According to our current IDEX stock forecast, the value of Ideanomics shares will drop by -0.29% and reach $ 1.026985 per share by June 21, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).
What is the open stock forecast for 2025? ›Opendoor Technologies Inc. stock prediction for 1 year from now: $ 54.85 (2,684.28%) Opendoor Technologies Inc. stock forecast for 2025: $ 2.95 (49.92%) Opendoor Technologies Inc. stock prediction for 2030: $ 22.37 (1,035.51%)
Who is Amgen buying? ›THOUSAND OAKS, Calif. , Oct. 6, 2023 /PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced that it has completed its acquisition of Horizon Therapeutics plc for $116.50 per share in cash, representing a transaction equity value of approximately $27.8 billion .
What is the target stock price forecast for 2024? ›Target Stock Price Forecast 2024-2025
Target price started in 2024 at $142.42. Today, Target traded at $142.61, so the price decreased by 0% from the beginning of the year. The forecasted Target price at the end of 2024 is $148 - and the year to year change +4%. The rise from today to year-end: +4%.