Should I buy Amgen (AMGN) stock or is it too late?

Amgen · Health Care · price $437
Logo AmgenSee the full Amgen (AMGN) profile
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: BMO Capital73% of its targets hit on this sector (239 calls tested). It aims for $450 (+3.0 %), call made on August 6, 2026, maturing on August 6, 2027 (22 d ago).

The 14 reliable analysts $403-7.9 %
The 5 other firms $400-8.5 %
How to read it: the 14 reliable firms are not filtered by optimism — 6 aim above the price, 8 below, hence their $403 median. “The 5 others” are the firms that don't pass our reliability filter on this sector.

Firm-by-firm track record on Amgen

Here the hit rate is measured <b>on this stock specifically</b> (matured targets replayed against real prices, minimum 5 calls tested) — the green block above measures reliability <b>across the whole sector</b>, which is the criterion behind JPI selections. “Aims for” = the firm's most recent target on this stock; “—” means it hasn't published one recently.
Firm% rightGain vs sectorCallsAims for
Citigroup100 %+29.3 %9$405 -7%
Jefferies85 %+17.6 %13$350 -20%
Argus Research78 %+15.6 %9$460 +5%
Piper Sandler74 %+13.1 %19$457 +5%
Oppenheimer67 %+9.1 %21$450 +3%
Morgan Stanley57 %+4.3 %30$333 -24%
RBC Capital40 %+3.8 %10$400 -8%
BMO Capital38 %+3.1 %8$450 +3%
In short — Should you invest in Amgen? Is it too late, still worth it? Analysts are split (42% buy, median target $400, i.e. -8%). We give you both sides, with the numbers — not advice.

✅ Reasons to believe

  • Pays a dividend (2.7% yield), raised for 14 years — regular income on top of potential upside.

⚠️ Reasons to hesitate

  • Even the most reliable firm on AMGN, Citigroup (100% hit rate, 9 scored calls), only targets $405 (call made on August 7, 2026, maturing on August 7, 2027) (-7%) in its most recent call, and $345 (call made on February 4, 2026, maturing on February 4, 2027) (-21%) in the one coming due soonest. The stock may already have run past its target.
  • The consensus is not unanimous: of 19 ratings, 11 are neutral.
  • Limited upside: the median target is only -8% from the current price.
  • A 12-month target is not a guaranteed path: the price can fall in the meantime.

The analyst consensus on AMGN

Median target $400 (-8%) · 19 ratings · Hold consensus

Strong Buy00%
Buy842%
Hold1158%
Sell00%
Strong Sell00%

⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.

Frequently asked questions

Should you invest in Amgen now?

We won't decide for you. The facts: 42% of analysts rate it a buy, median target $400 (-8%), and Citigroup (most reliable on AMGN, 100%) targets $405. Weigh that against valuation (P/E ~27). This is not personalized advice.

Is it too late to invest in Amgen?

The stated upside is small: the median target ($400) sits just -8% from the price ($437) (most reliable on AMGN: Citigroup, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.

Is Amgen still worth investing in?

It depends on the gap between the price ($437) and its estimated value: analysts target $400 on median (-8%), with 42% buys (most reliable on AMGN: Citigroup, 100%). Cross-check with their real reliability on AMGN and the cautions above. Information, not advice.

What's the main risk in buying AMGN?

Even the most reliable firm on AMGN, Citigroup (100% hit rate, 9 scored calls), only targets $405 (call made on August 7, 2026, maturing on August 7, 2027) (-7%) in its most recent call, and $345 (call made on February 4, 2026, maturing on February 4, 2027) (-21%) in the one coming due soonest. The stock may already have run past its target.

→ Go deeper: the full Amgen profile (consensus, analyst reliability, price target, performance).

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)