AMGN Earnings

AMGN reported its earnings on 2026-02-03, showcasing a revenue of 9.87B against an estimate of 9.47B, resulting in a 4.18% surprise. The EPS was 5.29, surpassing the expected 4.76 by 11.13%. The stock experienced a 8.15% price change on the earnings day and a 11% change over the next five days, reflecting market reactions to the results.

Following AMGN's earnings announcement on 2026-02-03, the stock price moved by 8.15% on the day of the release. Over the subsequent five days, it saw a 11% change. Historically, AMGN's stock price tends to shift by an average of 0.27% in the 10 days leading up to earnings and 2.79% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate AMGN's annual revenue to reach 8.66B, while the EPS is projected at 5.04. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -0.02% over the past three months, indicating analyst expectation in the company's performance.

The correlation between AMGN's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -0.02%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, AMGN's stock price typically moves by 0.27% in the 10 days before its earnings and 2.79% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 5.04 and revenue of 8.66B.

Amgen's earnings call presents several positive indicators: increased revenue and EPS guidance, strong product development, and a robust biosimilar portfolio. The Q&A session reveals confidence in pipeline expansions and market opportunities, despite some unclear responses. The raised guidance and strong financial metrics are likely to positively influence the stock price, while the lack of market cap data suggests a moderate impact, leading to a positive sentiment prediction.