Amgen
AMGN
About: Amgen is a leader in biotechnology-based human therapeutics. Flagship drugs include red blood cell boosters Epogen and Aranesp, immune system boosters Neupogen and Neulasta, and Enbrel and Otezla for inflammatory diseases. Amgen introduced its first cancer therapeutic, Vectibix, in 2006 and markets bone-strengthening drugs Prolia/Xgeva (approved 2010) and Evenity (2019). The acquisition of Onyx Pharmaceuticals bolstered the firm's therapeutic oncology portfolio with Kyprolis. Recent launches include Repatha (cholesterol-lowering), Aimovig (migraine), Lumakras (lung cancer), and Tezspire (asthma). The 2023 Horizon acquisition brought several rare-disease drugs, including thyroid eye disease drug Tepezza. Amgen also has a growing biosimilar portfolio.
Employees: 28,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 1,210 | Existing positions reduced: 1,081
2.79% more ownership
Funds ownership: 78.51% [Q1] → 81.3% (+2.79%) [Q2]
3% less funds holding
Funds holding: 2,891 [Q1] → 2,806 (-85) [Q2]
9% less capital invested
Capital invested by funds: $131B [Q1] → $120B (-$11.2B) [Q2]
13% less call options, than puts
Call options by funds: $1.9B | Put options by funds: $2.17B
18% less first-time investments, than exits
New positions opened: 144 | Existing positions closed: 176
46% less funds holding in top 10
Funds holding in top 10: 74 [Q1] → 40 (-34) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Piper Sandler
David Amsellem
|
$342
|
Overweight
Maintained
|
25 Aug 2025 |
Citigroup
Geoff Meacham
|
$310
|
Neutral
Maintained
|
6 Aug 2025 |
Morgan Stanley
Terence Flynn
|
$333
|
Equal-Weight
Maintained
|
6 Aug 2025 |
UBS
Trung Huynh
|
$317
|
Neutral
Maintained
|
6 Aug 2025 |
B of A Securities
Tim Anderson
|
$261
|
Underperform
Maintained
|
23 Jul 2025 |
Cantor Fitzgerald
Carter Gould
|
$305
|
Neutral
Reiterated
|
24 Jun 2025 |
Financial journalist opinion
Based on 29 articles about AMGN published over the past 30 days