Fintel reports that on March 10, 2026, Jefferies initiated coverage of Amgen (NasdaqGS:AMGN) with a Hold recommendation.
Analyst Price Forecast Suggests 4.03% Downside
As of February 25, 2026, the average one-year price target for Amgen is $360.25/share. The forecasts range from a low of $202.00 to a high of $453.60. The average price target represents a decrease of 4.03% from its latest reported closing price of $375.38 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Amgen is 28,927MM, a decrease of 21.29%. The projected annual non-GAAP EPS is 23.09.
What is the Fund Sentiment?
There are 3,428 funds or institutions reporting positions in Amgen. This is an decrease of 567 owner(s) or 14.19% in the last quarter. Average portfolio weight of all funds dedicated to AMGN is 0.40%, an increase of 7.46%. Total shares owned by institutions decreased in the last three months by 6.57% to 468,621K shares. 
The put/call ratio of AMGN is 0.84, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital World Investors holds 23,098K shares representing 4.28% ownership of the company. In its prior filing, the firm reported owning 18,795K shares , representing an increase of 18.63%. The firm increased its portfolio allocation in AMGN by 41.92% over the last quarter.
Capital International Investors holds 18,186K shares representing 3.37% ownership of the company. In its prior filing, the firm reported owning 19,193K shares , representing a decrease of 5.54%. The firm increased its portfolio allocation in AMGN by 6.75% over the last quarter.
Geode Capital Management holds 14,303K shares representing 2.65% ownership of the company. In its prior filing, the firm reported owning 13,268K shares , representing an increase of 7.24%. The firm increased its portfolio allocation in AMGN by 21.02% over the last quarter.
Charles Schwab Investment Management holds 11,811K shares representing 2.19% ownership of the company. In its prior filing, the firm reported owning 13,551K shares , representing a decrease of 14.73%. The firm decreased its portfolio allocation in AMGN by 1.60% over the last quarter.
AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 8,927K shares representing 1.66% ownership of the company. In its prior filing, the firm reported owning 8,530K shares , representing an increase of 4.45%. The firm decreased its portfolio allocation in AMGN by 2.90% over the last quarter.
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