Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel for the treatment of rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout. It also markets other products, including Neulasta, MVASI, AMJEVITA/AMGEVITA, TEZSPIRE, Parsabiv, Aimovig, LUMAKRAS/LUMYKRAS, EPOGEN, KANJINTI, TAVNEOS, RAVICTI, UPLIZNA and PROCYSBI. The company serves healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies. It distributes its products through pharmaceutical wholesale distributors, as well as direct-to-consumer channels. The company has collaboration agreements with AstraZeneca plc for the development and commercialization of TEZSPIRE; Novartis Pharma AG to develop and commercialize Aimovig; UCB for the development and commercialization of EVENITY; Kyowa Kirin Co., Ltd. for rocatinlimab development and commercialization; and BeiGene, Ltd. for oncology products expansion and development. Amgen Inc. was incorporated in 1980 and is headquartered in Thousand Oaks, California.
Analyst Optimism | Discover why analysts maintain bullish outlooks, with price targets ranging from $315 to $362, reflecting confidence in Amgen's diverse portfolio and future prospects |
Market Opportunity | Delve into Amgen's strategic focus on the lucrative obesity treatment market, with MariTide potentially worth $140 per share based on discounted cash flow analysis |
Financial Fortitude | Explore Amgen's impressive financial performance, with revenue growth of 18.6% and a 14-year streak of dividend increases, showcasing its stability and potential |
Biotech Powerhouse | Amgen's robust product portfolio and pipeline, including potential obesity treatment MariTide, position it for significant growth in the competitive biopharmaceutical landscape |
Metrics to compare | AMGN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipAMGNPeersSector | |
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P/E Ratio | 36.9x | −2.9x | −0.5x | |
PEG Ratio | −0.92 | −0.01 | 0.00 | |
Price / Book | 25.7x | 1.6x | 2.6x | |
Price / LTM Sales | 4.5x | 3.2x | 2.9x | |
Upside (Analyst Target) | 16.0% | 36.2% | 57.2% | |
Fair Value Upside | Unlock | 16.0% | 8.9% | Unlock |