Brief From our Editor -- Amgen (AMGN) Stock.

During the afternoon session, Amgen moved 1.79%, compared to -0.56% for the S&P 500.

Amgen Inc. (formerly Applied Molecular Genetics Inc. The company is now trading -11.18% away from its average analyst target price of $258.76 per share. The 21 analysts following the stock have set target prices ranging from $175.0 to $325.0, and on average give Amgen a rating of hold.

Over the last year, AMGN shares have gone up 2.65%, which represents a difference of 9.45% when compared to the S&P 500. The stock's 52 week high is $292.06 per share whereas its 52 week low is $219.83. With its operating margins declining an average -10.29% over the last four years, Amgen may not have a strong enough business to keep this trend.

Date Reported Revenue (k) Cost of Revenue (k) Gross Margin YoY Growth
2022-12-31 $51,272,000 $14,987,000 70.77% -1.17%
2021-12-31 $50,799,000 $14,422,000 71.61% 0.69%
2020-12-31 $25,424,000 $7,343,000 71.12% -6.91%
2019-12-31 $23,362,000 $5,514,000 76.4% -1.57%
2018-12-31 $23,747,000 $5,315,000 77.62% n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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