Analysis: Amgen Inc.

US:AMGN

Why is Amgen Inc. stock rising?

  • Amgen is advancing a dedicated Phase III study to switch patients from weekly GLP-1 injectables to MariTide on every-8-week or quarterly dosing.
  • Amgen expects to spend about $2.6 billion in 2026 to scale manufacturing capacity, including preparation for MariTide's launch.
  • Amgen plans six additional country launches for TEPEZZA in the coming months, extending the thyroid eye disease franchise beyond the U.S. and Japan.
  • Amgen is advancing IMDELLTRA into earlier lines of small cell lung cancer through Phase III studies that could expand the U.S. addressable population to about 28,000 patients.
  • Amgen raised its 2026 revenue and non-GAAP EPS guidance after first-half execution, citing continued momentum from its six key growth drivers.

Get valuation models, detailed research reports, thematic primers, one-pagers, risk analysis, growth triggers, bear case, capex tracker, walk the talk, and more for Amgen Inc. and 4,900+ companies.

Sign in
5-day free pass. No card required.