AMGN

Amgen Inc.
HealthcareDrug Manufacturers - GeneralNASDAQ
$336.79
-$0.63 (-0.19%)today
Conviction
0/ 10
Fair Value$350.76
Upside+4.15%
Signal0
Market Cap$189.2B
52W Range$261.43–$391.29
Next EarningsApr 30

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$523.47
Current Price$348.77
Upside / Down+50.1%
P(Undervalued)96.9%
P(20%+ Up)84.2%
P(15%+ Down)0.0%

Fair Value Distribution — percentile bands

96.9% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

1.0%/yr

±4.1% · revenue growth to justify current price

FCF-Based Reverse DCF

3.6%/yr

±3.4% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

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Quick Take

Amgen Inc.

Trailing P/E23.7x
Forward P/E14.5x
P/S5.0x
EPS (TTM)$14.23
Analyst Target$350.76
Analyst Upside4.1%

No Eagle analysis yet. Request a full review including conviction score, bull/bear cases, and thesis.

Bull Case

No analysis yet

Bear Case

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Research Feed

sec_10kFeb 28
Conviction: unchanged
AMGN FY2025 10-K: Prolia/XGEVA Cliff Meets MariTide Optionality

Product sales .1B (+9.7% YoY) driven by Horizon integration. Core headwinds: Prolia/XGEVA patent expiry (Feb/Nov 2025), ENBREL IRA pricing kicking in Jan 2026, Otezla IRA 2027. Bull catalysts: MariTid...